Results for “BofA ML Global Research”

Global Utility White Paper CONFIDENTIAL Global Sector Positioning Tech Industrials Insurance Pharma Discretionary Materials Energy Banks Staples . Substantially Telecoms underweight Utlites -40 -35 -30 -25 -20 “15 “10 5 +0 +5 +10 +15 +20 225 +30 +35 <= underweight // overwei...

…n expected earnings SX7E 1M 25d call / SX5E 1M 25d call price ratio is in the 100" 2-yr percentile Close position and BofA ML turned neutral in EM in the short-term Close position and BofA ML turned neutral in EM in the short-term Close position and BofA ML turned neutral in EM...

…n expected earnings SX7E 1M 25d call / SX5E 1M 25d call price ratio is in the 100" 2-yr percentile Close position and BofA ML turned neutral in EM in the short-term Close position and BofA ML turned neutral in EM in the short-term Close position and BofA ML turned neutral in EM...

… in regulatory burden to bank returns will be more gradual than what financial stocks are currently pricing in Source: BofA Merrill Lynch Global Research = CCAR a product of regulatory attitude: The panelists agreed that CCAR in its current form is not a result of legislation a...

…ntested credit Fragile funding model Uncertain regulatory competitive advantage model/risk backdrop management Source: BofA Merrill Lynch Global Research = Panelists agreed that flexible funding models that utilized both balance sheet lending and distribution of loans were impo...

… the investment alpha / process efficiency, organization revenue growth risk management, regulatory compliance Source: BofA Merrill Lynch Global Research Chart 85: After this conversation, have you changed your mind on how financial institutions are adopting big data in their...

…7 27,295 25,834 DACF 2,321 1,127 2,150 3,045 3,602 4291 9,132 Forward EV / DACF 23.3x 12.7x 9.3x 79x 6.5x 5.3x Source: BofA Merrill Lynch Global Research BofAML US 1 list The BofAML US1 list is a collection of the firm’s best investment ideas managed with the goal of providing...

through business units other than BofA Merrill Lynch Global Research

ONS. standard deviations from average. Source: BofA Merrill Lynch Global Research

BofA Merrill Lynch Global Research estimates; Note: **March data is month to date

…eds 12,491 6,102 37.371 = % private hospitals m% private beds = % hospitals Beds/hospital 154 133 132 1% beds Source: BofA Merrill Lynch Global Research, Ministry of Health Source: BofA Merrill Lynch Global Research, Ministry of Health Hospital quality would be key to attracti...

… slower financing certain rental price activity next year metrics activing and points worsening credit metrics Source: BofA Merrill Lynch Global Research Regions Financial (RF), B-2-7, Neutral Regions harnessing consumer to drive growth: Scott Peters, Senior EVP and Consumer Se...

… 0 0% 10% 20% 30% 40% 50% 0% Pakjsgan 40% 60% 80% Data as % of service revenues Broadband household penetration Source: BofA Merrill Lynch Global Research, Telegeography and company data Source: BofA Merrill Lynch Global Research, Telegeography and company data Private sector pa...

…30% 25% 20% 15% 10% 5% 0% Very overweight Slightly overweight Neutral Slightly Very underweight underweight Source: BofA Merrill Lynch Global Research New this year, we hosted expert panels on the evolution of clearing, fixed income market structure, equity market structure,...

…s as excess therefore better loan capital —_ is returned demand back to shareholders or reinvested for growth Source: BofA Merrill Lynch Global Research An area that has attracted particular attention among bank investors is around the current landscape of multifamily lending....