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Bank of America sees 79% YoY growth, credits digital channels

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Bank of America largely credits digital banking, sales and services for its $31.9 billion in net income for 2021, a 79% year-over-year increase. “The best way to highlight the drivers behind the earnings success is to look at the momentum and client activity across the businesses,” Chief Executive Officer Brian Moynihan said during Wednesday’s fourth-quarter […]

Source: https://bankautomationnews.com/allposts/retail/bank-of-america-sees-79-yoy-growth-credits-digital-channels/

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