Sign Up
Stories
BoA Faces Digital Surge and Challenges
Share
Cash Flow Insights & Trends
Cash Management Insights: Trends & Tools
2024 Financial Industry Challenges and O...
ABB Bank Reports Q4 Earnings Increase
Bank Deposits Decline Amid Loan Increase
Overview
API
Bank of America's Q1 saw a surge in digital banking activities, with Zelle volumes rising by 26% to $106 billion. However, the bank faced challenges with soaring charge-offs in the Commercial Real Estate sector and a spike in credit card losses.
Ask a question
How is Bank of America leveraging the surge in digital banking activities to enhance customer experience?
How might the performance of Bank of America's trading unit impact its overall financial resilience in future quarters?
What strategies could the bank employ to address the challenges in the Commercial Real Estate sector and credit card losses?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jan 2024
Feb 2024
Mar 2024
Apr 2024
Coverage