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

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Earnings data Q2 2023

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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.

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Cost of revenue

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EBITDA

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Current assets

Cash & equivalents

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Intangibles

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Current liabilities

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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

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Express

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

The Oracle of Omaha and his company, Berkshire Hathaway, sold many of their bank holdings during the pandemic, and have not added any new positions or to any existing positions other than Bank of America.

5 Reasons Warren Buffett May Be Done Buying Banks for a While

The Fed has been buying $120 billion a month of US bonds and mortgage-backed securities since last year.

Bank of America projects the Fed will taper asset purchases in November, far ahead of earlier projections of 2022

Blackrock Inc

Citigroup

Cowen

PayPal

Block

Wall Street regards these seven financial stocks as good investments right now. They look like great picks to help you beat inflation.

7 Financial Stocks to Buy as the Treasury Yield Regains Momentum

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced it has recorded the most patents granted in the first half of any year in the company's history. The U.S. Patent Office (USPTO) granted the bank 227 patents during the first half of 2021, a 23% increase over last year, covering a range of solutions for clients including artificial intelligence (AI), machine learning (ML), information security, data analytics, mobile banking and payments. The bank also applied for 403 patents, des

Bank of America Sets Company Record for Patents Granted During First Half of 2021

Bank of America's second quarter earnings report was a little lackluster, as better than expected loan growth and ongoing progress on credit was offset by a small pre-provision miss. Management continues to sound quite bullish on the economy, and Bank of America remains one of the most rate-sensitive banks out there.

Bank Of America Fueled Up And Ready To Go When Rates Cooperate

Morgan Stanley

(Reuters) -The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling COVID-19 cases in major financial hubs, after sending most employees home early last year to help stem the spread of the coronavirus.

Factbox-Global big banks plot back-to-office plans as vaccines roll out

Capital One

Discover

Synchrony Financial

Card issuers - JPMorgan (JPM), BofA (BAC), Capital One (COF), Citi (C), Synchrony Financial (SYF), Discover Financial (DFS) & American Express (AXP) - record robust credit card metric performance in July.

Banks Record Solid July Credit Card Data on Fiscal Aid, Liquidity

CHARLOTTE, N.C.--(BUSINESS WIRE)--As Hispanic millennials continue to weather significant financial impacts from the pandemic, nearly three-quarters (72%) are also providing financial support to family – far more than non-Hispanic millennials (53%) – according to new research from Bank of America's Better Money Habits. Additionally, nearly one-quarter (23%) increased or are increasing financial support for family due to the pandemic, including immediate and/or extended family. The survey also r

More Than 70% of Hispanic Millennials Providing Financial Support to Family Members – With Many Increasing Their Support During the Pandemic

Apple

Disney

GameStop

Coca-Cola

McDonald's

Retirement investors who think Warren Buffett is an investing genius should keep things simple and just buy Berkshire Hathaway stock. The post How To Put Warren Buffett In Charge Of Your Retirement Investing appeared first on InvestorPlace.

How To Put Warren Buffett In Charge Of Your Retirement Investing

Amazon

Microsoft

NVIDIA

Visa

Knowing which hedge fund stocks are in demand and which are not is a fun focus for investors. Here are the top names we researched for you.

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Invesco KBW Bank ETF

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

Financials Appear To Be Unattractive

Bank of America stock has gained 35% YTD, and at its current price of $42 per share, it is 4% below its fair value of $44 – Trefis' estimate for Bank of America's valuation. The bank posted mixed results in the second quarter of 2021, with the earnings edging ahead of the consensus and revenues.

Bank of America Stock Has Limited Upside

ProShares UltraShort Bloomberg Crude Oil

SCO is an ideal way to short oil as it trades 2x inverse with WTI futures. Global growth is downshifting while OPEC+ is ramping production. Call options on Bank of America provide a hedge if oil does not decline, as this scenario would involve higher US yields - supportive of net interest margins.

Long SCO With A BAC Call Option Hedge Is A Tactical Pair Trade

Bank of America (BAC) reported earnings 30 days ago. What's next for the stock?

Bank of America (BAC) Up 8.6% Since Last Earnings Report: Can It Continue?

The 10-year yield has pushed higher since the start of the month again, but equity investors seem to ignore the resurgence. Financials performed well earlier this year, but have hit a snag ever since.

Financial Stocks Set to Outperform the Market

Shares of Bank of America Corp. BAC, +0.54% rallied 0.6% in afternoon trading Thursday, putting them on track for the longest win streak in a year, as the 10-year Treasury yield bx:musdmusd10y extended its bounce off a six month lows following wholesale inflation data. BofA's stock has run up 10.2% amid its six-day winning streak, which would be the longest stretch of gains since the eight-day stretch ending Aug. 10, 2020.

Bank of America's stock rise toward longest win streak in a year as Treasury yields extend bounce

Texas Instruments

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

These companies' yields may not be stellar, but their dividend payments are rooted in rock-solid business models.

3 Stocks to Supplement Your Social Security Income

CrowdStrike

Alphabet

Innovative Industrial Properties

Vertex Pharmaceuticals

A crash or steep correction would be the perfect opportunity to buy into these proven winners.

5 Supercharged Stocks to Buy if the Stock Market Crashes 10%

Today, bank stocks are in focus from investors looking to take advantage of what appears to be a rapidly-improving economy. The post BAC, GS, JPM, WFC: Why Bank Stocks Are Gaining Today appeared first on InvestorPlace.

BAC, GS, JPM, WFC: Why Bank Stocks Are Gaining Today

Shares of several banks and financial services companies, including Wells Fargo & Co (NYSE: WFC) and Bank of America Corp (NYSE: BAC), are trading higher during Friday's session amid an increase in yield rates along with a stronger-than-expected jobs report. The U.S. 10 year treasury note can be had at 1.29% Friday afternoon.

Why Wells Fargo's And Bank Of America's Stocks Are Soaring Higher Today

The stock price of Bank of America Corp (NYSE: BAC) increased by 1.96%. This is why it happened.

BAC Stock Price Increased 1.96%: Why It Happened

Moving average prices are widely used in trading. When a short-term average is above a long-term one, the stock is generally moving higher.

This Model Is Flashing A Buy Signal For Bank Of America And Wells Fargo

The days of in-person interactions with bank tellers may be becoming a thing of the past as customers overwhelmingly opt for digital experiences. Bank of America announced on Thursday (Aug. 5) that digital deposits now account for 85 percent of transactions.

Bank Of America: Almost 48M Checks Deposited Digitally In Q2

Major players on Wall Street are beginning to push back their return-to-office dates because of surging Covid-19 cases.

Big banks are starting to push back their return to offices in response to Delta variant

CHARLOTTE, N.C.--(BUSINESS WIRE)--Digital engagement continues to grow rapidly at Bank of America, with more clients making online and mobile primary channels for more of their banking and lending with Bank of America and investing with Merrill. Today 85% of deposit transactions are being made through the Bank of America app, ATMs and other automated channels – driven by nearly 48 million checks deposited digitally during the second quarter alone. “We are delivering the best financial technolog

News for Bank of America Stock (BAC)