Bank of America Leveraging AI, Tech to Boost Growth -- Market Talk

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1054 ET - Bank of America highlights continued momentum from its technology and AI investments in its latest quarterly results. CEO Brian Moynihan says on a call with analysts that digital innovation is driving both client engagement and operational efficiency, with AI now handling customer-facing interactions at scale and expanding into other business areas. The bank points to strong loan and deposit growth alongside rising fee-based revenues, attributing part of the performance to technology-driven improvements in productivity and customer experience. Moynihan emphasizes that these long-term investments in tech and talent position the bank for sustained growth and market share gains across consumer, wealth and corporate segments. Bank of America rises 5%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

October 15, 2025 10:54 ET (14:54 GMT)

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CEO Brian Moynihan says on a call with analysts that digital innovation is driving both client engagement and operational efficiency, with AI now handling customer-facing interactions at scale and expanding into other business areas. The bank points to strong loan and deposit growth alongside rising fee-based revenues, attributing part of the performance to technology-driven improvements in productivity and customer experience. Moynihan emphasizes that these long-term investments in tech and talent position the bank for sustained growth and market share gains across consumer, wealth and corporate segments. Bank of America rises 5%. 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(connor.hart@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  October 15, 2025 10:54 ET (14:54 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}