Return on average tangible common shareholders' equity 3 Efficiency ratio
0.67 %
1.14 %
6.8 10.6
9.5 14.9
65 60
Note: Amounts may not total due to rounding. N/M stands for not meaningful.
1 Provision for credit losses, allowance for credit losses and related credit metrics in this presentation reflect the Company's adoption of the accounting standard on current expected credit losses (CECL) effective January 1, 2020. For more information, see important presentation information on slide 34.
2
For more information on reserve build / (release), see note A on slide 31.
2
3
Represent non-GAAP financial measures. For more information on pretax, pre-provision income and a reconciliation to GAAP, see note B on slide 31. For important presentation
information about these measures, see slide 34.
Consumer and Small Business Spending and Payments Trend
Payment Spend Year-over-Year % Growth
Credit Spend YTD 1
Debit Spend YTD
Total Payments YTD 2
Total Payments Monthly 2
20%
10%
0%
(10%)
(20%)
(30%)
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
FY 2020 - Dollar Volume by Payment Type
79%
Credit
9%
19%
Debit
12%
ACH
6%
Wires
$3.1T
P2B/P2P
18%
Cash
28%
Check
8%
FY 2020 - YoY Change in Transaction Volume
22%
7%
(8%)
(21%)
Credit/Debit
Cash/Check
ACH/Wire
P2B/P2P
% of Total
75%
7%
10%
7%
Transaction
Volume
Note: Amounts may not total due to rounding.
3
1 Includes consumer and small business credit card portfolios in Consumer Banking and GWIM.
2 Total payments include total credit card, debit card, ACH, wires, bill pay, person-to-person, cash and checks.
Global Banking Loan Trend
Global Banking Funded Loans and Leases (EOP, $B)
450
400
350
300
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
12/1
12/7
12/14
12/21
12/28
12/31
Indexed Funded Loans and Leases by Business
120
Global Corporate & Investment Banking
110
Global Commercial Banking
Business Banking
100
90
80
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
12/1
12/7
12/14
12/21
12/28
12/31
4
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Disclaimer
Bank of America Corporation published this content on 19 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2021 11:47:07 UTC
Bank of America Corporation is a banking group organized around 5 areas of activity:
- commercial banking (58.6% of Net Interest Income);
- business and investment banking (25.5%);
- wealth management and asset management (12.4%);
- market banking (2.9%);
- other (0.6%).
At the end of 2023, the group managed USD 1,923.8 billion in current deposits and USD 1,053.7 billion in current credits.