Bank of America Corporation's (BAC) CEO Brian Moynihan on Q1 2020 Results - Earnings Call Transcript

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Bank of America Corporation (NYSE:BAC.PK) Q1 2020 Results Earnings Conference Call April 15, 2020 8:30 AM ET

Company Participants

Lee McEntire - Investor Relations

Brian Moynihan - Chief Executive Officer

Paul Donofrio - Chief Financial Officer

Conference Call Participants

Betsy Graseck - Morgan Stanley

John McDonald - Autonomous Research

Mike Mayo - Wells Fargo

Glenn Schorr - Evercore ISI

Vivek Juneja - JPMorgan

Matt O’Connor - Deutsche Bank

Brian Kleinhanzl - KBW

Ken Usdin - Jefferies


Good day, everyone. And welcome to today’s Bank of America Earnings Announcement. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. Please note this call may be recorded. I will be standing by should you need any assistance.

It is now my pleasure to turn today’s conference over to Lee McEntire, Investor Relations. Please go ahead.

Lee McEntire

Good morning. Thank you, Katherine. Thanks for joining the call to review our first quarter results. By now, I hope everybody’s had a chance to review the earnings release documents that are available on the Investor Relations section of the website.

For the many years I have been in IR, I have always joined the other speakers in the same room as we presented earnings, but this quarter, we, like all of you, are practicing following safe physical distancing protocols and we are joining this morning from different locations.

So first, I will turn the call over to our CEO, Brian Moynihan, for some opening remarks; and then I will ask Paul Donofrio, our CFO, to cover the quarter briefly before turning back to Brian to moderate a question session. So hopefully this will make the session go a little bit smoother.

Before I turn the call over to Brian, let

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