Revenue segments as reported by the company.

Net interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

Noninterest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Bank of America

Merrill Lynch Wealth Management is a wealth management division of Bank of America. The firm is headquartered in New York City, and occupies the entire 34 stories of 250 Vesey Street, part of the Brookfield Place complex, in Manhattan. Merrill Lynch employs over 15,000 financial advisors and manages $2.2 trillion in client assets.

Merrill Lynch

U.S. Trust is a private bank serving the needs of high net worth and ultra high net worth individuals and families by providing investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

U.S. Tust

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The GWIM segment offers solutions to meet clients’ needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bank of America posts robust Q4 earnings amidst growth opportunities

Bank of America's Q4 2022 performance reflects strength in earnings, asset quality, and revenue growth, supported by a focus on cost control and operational efficiency.
While facing challenges related to interest rates and regulatory changes, the bank is well-positioned to capitalize on opportunities in consumer and wealth management businesses.
Strategic initiatives to balance earnings, capital, and liquidity, alongside a commitment to prudent risk management, position Bank of America for sustainable growth and value creation.

Bank of America posts strong Q1 results, eyes growth opportunities

Bank of America delivered a robust Q1 performance with notable revenue and EPS growth, underpinned by strong asset quality and capital strength.
While facing challenges in managing expenses and deposit trends, the bank's focus on digital adoption and operational efficiency positions it for future growth.
Opportunities lie in optimizing net interest income, capitalizing on market disruptions, and leveraging AI for enhanced customer service and operational excellence.
Overall, Bank of America's strategic focus on growth, credit quality, and operational efficiency sets a solid foundation for sustained performance and shareholder value.

Bank of America posts record earnings, focuses on digital growth

Bank of America's strong financial performance, efficient expense management, and digital progress drove exceptional results.
While challenges like potential capital requirement increases exist, opportunities in technology and operational efficiency pave the way for future growth.
The bank's focus on stability, profitability, and organic growth positions it well for continued success in the market.
Overall, Bank of America's Q2 2023 earnings call reflects a solid foundation for sustained performance and innovation.

Bank of America posts strong Q3 earnings, eyes growth opportunities

Bank of America delivered a strong quarter with improved financials and segment performance, focusing on expense discipline and efficiency.
Despite challenges in operating leverage and potential Basel III impacts, the bank remains well-positioned with excess capital and strong customer engagement.
Opportunities lie in stabilizing deposit trends, capitalizing on Investment Banking growth, and aligning deposit strategies with loan growth.
Overall, Bank of America's performance reflects resilience and strategic positioning for future growth and profitability.

Bank of America posts solid Q4 results, eyes AI growth

Bank of America's Q4 2023 showcased strong performance in key segments, with a focus on expense discipline and credit quality metrics. The bank outlined strategies for future growth, emphasizing AI investments, capital allocation, and managing commercial credit performance effectively.

Bank of America reports strong Q1 earnings and eyes growth

Bank of America delivered strong Q1 2024 earnings, driven by robust performance across its business segments, including Investment Banking, Sales and Trading, and Global Markets.
The company's focus on operational excellence, digitization, and cost savings has resulted in improved efficiency and a strong balance sheet, with opportunities for further growth.
While challenges exist in expense management and asset balancing, Bank of America is well-prepared to navigate these hurdles and capitalize on opportunities for revenue and profitability.
Overall, Bank of America's strategic focus on customer relationships, expense control, and balance sheet strength positions it well for continued success and growth in the future.

Bank of America reports strong Q3 earnings and digital growth

Bank of America's Q3 2024 earnings call showcased robust financial performance, driven by revenue growth, net income, and strategic investments in key business areas.
The bank's emphasis on digital innovation, organic growth, and shareholder value creation underlines its competitive strengths and long-term sustainability.
While facing challenges such as anticipated rate cuts and regulatory complexities, Bank of America remains well-positioned to capitalize on growth opportunities and navigate industry dynamics effectively.
By focusing on responsible growth, operational efficiency, and customer-centric strategies, Bank of America continues to demonstrate resilience and strategic foresight in a dynamic market environment.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Trading an issue after a company announces can be a difficult task. The reason being, larger market participants are looking to unload or acquire large blocks of shares and a retail trader can easily get run over.

PreMarket Prep Stock Of The Day: Bank Of America

Solid advisory business performance, higher demand for loans and large reserve release support BofA's (BAC) Q3 earnings. This turns investors bullish as the stock gains in pre-market trading.

BofA (BAC) Up as Q3 Earnings Top on M&A Fees, Upbeat Lending

UnitedHealth Group

Wells Fargo

Initial Jobless Claims Hit Fresh Post-Covid Low

While jobless claims are hitting fresh post-Covid lows, PPI curbs a bit and Q3 earnings beats abound.

All Good Things: PPI, Jobless Claims, Q3 Earnings

12.05 pm: Dow jumps more than 400 points as weekly jobless fall to pandemic era lows    US stocks advanced sharply in noon trading following better-than-expected financial results from Bank of America (NYSE:BAC), Morgan Stanley (NYSE:MS), and Citigroup.   At midday, the Dow gained 491 points to 34,868, while the S&P 500 rose 67 points at 4,431 and the tech-heavy Nasdaq surged 233 points, or 1.6%, to 14,805.

US stocks climb midday as bank earnings beat

Citigroup

JPMorgan Chase & Co

Morgan Stanley

Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has allowed banks to have fewer bad loans and charge-offs.

Top US banks report double-digit profit growth last quarter

BAC released Q3 2021 results this morning that support our investment case; shares are currently up 2.9% in pre-market trading.

Bank Of America: Net Yield And Loan Growth Turned The Corner In Q3

Goldman Sachs

Several of America's largest financial firms reported strong earnings and revenue Thursday thanks to solid demand for loans, better credit quality and a boom in mergers and initial public offerings.

Stocks soar as many of America's biggest banks are booming

The four largest U.S. consumer banks posted another strong quarter this week as the rebounding economy allowed them to release more cash they had set aside for pandemic losses, while sizzling deals, equity financing and trading activity also boosted their bottom lines.

U.S. banks beat profit estimates on economic rebound, red-hot markets

Bank of America's third-quarter earnings results showed a continued increase in customers using digital and mobile channels for their banking needs, while $1.1 billion in reserves released helped boost the bottom line. Combined credit and debit card spend, the company said, was $201 billion in the most recent quarter, having gained 21% from last year.

Bank of America Says Zelle Users Have Grown 24% YoY

Bank of America Corp (NYSE:BAC) stepped into the earnings confessional this morning, joining other bank names in the unofficial beginning to another earnings season.

Earnings, Revenue Beat Boosts Bank of America Stock

Morgan Stanley, Wells Fargo, Citigroup and Bank of America all posted stronger-than-expected earnings on Thursday, with the financial sector continuing to benefit from increased economic activity as the impact from the COVID 19 pandemic started to recede.

Wall Street rewards Morgan Stanley and Bank of America for earnings but Wells Fargo and Citi stocks dip

Bank of America (BAC) delivered earnings and revenue surprises of 19.72% and 4.77%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Bank of America (BAC) Tops Q3 Earnings and Revenue Estimates

Bank stocks are on the move Thursday following the release of earnings reports from various companies and we've got the details. The post Bank Stocks: Why BAC, WFC and MS Investors Are Smiling Today appeared first on InvestorPlace.

Bank Stocks: Why BAC, WFC and MS Investors Are Smiling Today

Bank of America's (BAC) Q3 earnings and revenue exceeded analyst estimates. The bank's net interest margin also beat expectations.

Bank of America Q3 2021 Earnings Report Recap

The financial giant's shares often fall after reporting results. Not this time.

Bank of America Tops Earnings Estimates. Its Stock Is Even Rising.

US banking giants Bank of America (NYSE:BAC), Wells Fargo & Company and Citigroup Inc all posted better-than-expected earnings for the third quarter, continuing the strong start to US third-quarter results season. Releasing Q3 numbers ahead of market open on Thursday, BoA said net income soared 58% to US$7.7bn, giving earnings per share (EPS) of 85 cents, well above market expectations of 71 cents.

Bank of America, Citigroup and Wells Fargo all beat quarterly estimates as loan losses released

The banking group's quarterly net income rose 58% to $7.7 billion, or 85 cents per share, which topped Wall Street forecasts.

Bank of America beats 3rd-quarter profit estimates, lifted by record-high advisory fees and a $1.1 billion reserve release

Bank of America Corp posted better-than-expected profits for the third quarter as provisions for loan losses improved and income from its wealth and investment management division hit record levels. Net income soared 58% to US$7.7bn, giving earnings per share (EPS) of 85 cents, well above market expectations of 71 cents.

Bank of America beats third-quarter estimates on improved loan losses and record asset management fees

Bank of America BAC, +2.20% said Thursday its third-quarter earnings rose to $7.7 billion, or 85 cents a share, from $4.9 billion, or 51 cents a share, in the year-ago period. Revenue increased to $22.8 billion from $20.3 billion.

Bank of America reports third-quarter earnings ahead of estimates

(Reuters) -Bank of America Corp beat estimates for third-quarter profit on Thursday boosted by the release of reserves that were set aside last year and growth in its consumer banking division.

Bank of America profit beats on reserve release boost

Banks have been releasing loan loss reserves when defaults didn't arrive.

Bank of America tops estimates on reserve release, strong advisory and asset management results

CHARLOTTE, N.C., Oct. 14, 2021 /PRNewswire/ -- Bank of America reported its third-quarter 2021 financial results today.

Bank of America Reports Third-Quarter 2021 Financial Results

For the 26 S&P 500 members that have reported Q3 results through Wednesday, October 13th, total earnings and revenues are up +32.6% and +17.6%, respectively.

Solid Start to Q3 Earnings Season

Trading volumes indicate that traders have been buying calls and selling puts in anticipation of a positive earnings report.

News for Bank of America Stock (BAC)