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

Wells Fargo

In the second quarter, Wells Fargo reported its lowest quarterly expenses in more than a year, as well as an improved efficiency ratio.

Wells Fargo Is Making Progress on Its Cost-Saving and Efficiency Initiatives

Citigroup

Goldman Sachs

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares US Financial Services ETF

JPMorgan Chase & Co

Invesco KBW Bank ETF

Morgan Stanley

Vanguard Financials ETF

Financial Select Sector SPDR Fund

The financial sector, which accounts for around one-fifth of the S&P 500 Index, had a decent Q2.

Banking Earnings Decent: Time to Buy Financial ETFs on Value?

U.S. Bancorp

Investors may have "sold the news" with bank stocks after their quarterly results, but many factors still make these seven names appealing. The post 7 Best Bank Stocks to Buy Following Q2 Earnings Headlines appeared first on InvestorPlace.

7 Best Bank Stocks to Buy Following Q2 Earnings Headlines

We're seeing profit-taking in big banks, including BAC stock. However, this run still has a lot further to go thanks to the sizzling economic reopening.

Bank of America: Keep Riding This Winning Financial Stock

Bank stocks rallied too far. They are great companies with fortress financial statements, so buy the dip with confidence later this year.

3 Bank Stocks to Buy on Dips – After the Correction

With second-quarter earnings season now underway, let's take a closer look at how the group of big banks performed during the period. The post Here's How the Big Banks' Earnings Stacked Up appeared first on InvestorPlace.

Here's How the Big Banks' Earnings Stacked Up

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced the launch of the Bank of America Unlimited Cash Rewards credit card, which allows clients to earn unlimited 1.5% cash back on all purchases. This new credit card is the latest among Bank of America's suite of rewards cards, each designed to fit a variety of clients' needs. “We heard from our clients that they want earning rewards on their credit card to be uncomplicated,” said Jason Gaughan, credit card executive at Bank of Amer

Bank of America Launches New Unlimited Cash Rewards Credit Card

BAC stock has lost 5% since Q2 2021 results last week, but we believe the long-term case for a low-teens annualized return remains intact. Despite a fall in yields during Q2, Net Interest Income was again stable, and loan growth resumed for the first time since the pandemic.

Bank Of America: Strong Operating Trends Continued In Q2

Bank of America's stock has significantly outperformed the broader market so far in 2021, even after factoring in the recent dip. The bank reported Q2 2021 results that were not well-received by the market. However, I believe that investors will be rewarded for holding onto their BAC shares through the uncertainty.

Bank Of America: The Stock Is Worth Holding Through The Uncertainty

The bank didn't see loan growth explode in the second quarter, but things continue to move in the right direction.

Material Loan Growth May Not Be Here Yet, but Bank of America Is Seeing Promising Signs

Charles Schwab

Another earnings season descended upon Wall Street this week, with bank stocks leading the charge.

Stocks Struggle for Direction as Banks Jumpstart Earnings Season

Bank of America saw its net interest margin on loans shrink to 1.61%. But borrowers were paying back the loans, and wealth management was strong.

You Don't Need to Worry About Bank of America's Earnings

Banks have been on a shopping spree for the past year — and that's raising some alarm bells in Washington.

Big banks are getting even bigger, raising alarms in Washington

The move highlights growing institutional interest in the cryptocurrency market.

Bank of America is allowing some clients to trade bitcoin futures, report says

Apple

Ambev

AMC Entertainment

Ford Motor Company

General Electric

Moderna

Virgin Galactic

Wish

We're about halfway through trading today and that means it's time for a market update. Today's focus is the 10 most active stocks on Friday.

Market Update: The 10 Most Active Stocks on Friday

If your diversified wealth-building portfolio needed fresh capital-gain strength, would you agree with the price-gain forecast odds of the Market-Making community? The M-Ms imply coming near-term (3-5 month) price-range limits by their hedging in self-protection deals to shelter firm capital temporarily put at-risk.

Bank Of America Ahead Of JPMorgan Chase, Say Market-Maker Evaluators

PNC Financial Services

Truist Financial

Q2 earnings begin on a positive note with major banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), PNC Financial (PNC) & Truist (TFC) outpacing estimates, mainly driven by reserve releases and decent fee income performance.

Bank Stock Roundup: JPM, WFC, BAC, C, TFC & PNC in Focus as Q2 Earnings Start

The bank reported elevated expenses for the fourth quarter in a row. It's struggling to eliminate COVID-19 expenses and it dealt with some one-time costs in the quarter.

Bank of America Is Struggling to Shake High Expenses. What Gives?

Bank of America disclosed that users are turning to digital channels more frequently, even as adoption slows.

Bank of America's digital user engagement soars even as adoption decelerates

Bank of America (BAC) delivered earnings and revenue surprises of 33.77% and -1.41%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Bank of America (BAC) Tops Q2 Earnings Estimates

The start of big bank earnings has proved promising for the group, three market analysts say.

Big bank earnings begin. What Cramer and other market analysts see ahead

It's not an easy environment for lenders.

Why Bank of America Stock Is Falling Today

Bank of America Corp (BAC) CEO Brian Moynihan on Q2 2021 Results - Earnings Call Transcript

Bank of America Corp. (NYSE: BAC) shares are trading lower Wednesday after the company reported worse-than-expected second-quarter sales results. For the previous quarter, the company reported sales of $21.50 billion, missing the estimate of $21.83 billion.

What's Next For Bank Of America As Stock Breaks Below Support?

Bank of America is planning to increase the quarterly dividend by 17% starting from the third quarter of this year. The strong liquidity position played a major role in helping the bank make this decision sooner than some investors and analysts thought possible.

News for Bank of America Stock (BAC)