BAC · News · 20260909N

Consumer Spending Performance

BANK OF AMERICA CORP /DE/ · 2026-09-09 · Importance 17 · Surprise 24

CEO Brian Moynihan said Bank of America data showed consumer spending remained healthy despite rising gasoline prices. He also said consumer credit remained healthy during the period covered by the comments. The comments indicate continued consumer resilience despite higher fuel costs, but provide no dollar or percentage change.

Key facts

• Bank of America CEO Brian Moynihan said the bank's data shows consumer spending and credit remain healthy despite rising gasoline prices. source
• Moynihan said borrowing and credit quality remain strong. source