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.

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Cost of revenue

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

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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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Shares of Bank of America Corp (BAC), Warren Buffett (Trades, Portfolio)'s largest bank holding, plunged more than 4% to $38.10 in early trading on Wednesday:

Shares of Warren Buffett's Favorite Bank Plunge on Interest Rate Squeeze

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

The four largest U.S. consumer banks posted blockbuster second-quarter results this week, after pandemic loan losses failed to materialize and the U.S. economy began roaring back to life.

Top U.S. banks smash profit estimates on rebounding economy

Find out why the stock market is headed higher again.

Investors Need to Look Closely at These 3 Earnings Reports

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

Bank of America Stock Dips After Revenue Miss

Bank of America Corporation (NYSE: BAC) shares are trading lower on Wednesday after the company reported worse-than-expected second-quarter sales results. The company reported second-quarter sales results of $21.50 billion, which missed the $21.83 billion estimate.

Why Bank Of America Shares Are Trading Lower Today

Solid advisory and asset management businesses, and a large credit release support BofA's (BAC) Q2 earnings amid lower rates, and dismal trading and underwriting performance.

BofA (BAC) Q2 Earnings Beat on Reserve Release, Advisory Fees

Bank of America's (BAC) Q2 earnings exceeded analyst expectations, but revenue came in below estimates.

Bank of America Q2 2021 Earnings Report Recap

The bank's second-quarter revenue missed expectations because of low interest rates and a drop in trading activity.

Bank of America Stock Is Down. Earnings Weren't All Good.

Warren Buffett's favorite bank generated higher net income in three of its four main divisions, partly because it slashed credit-loss provisions.

Bank of America misses Q2 revenue forecasts - but smashes income estimates after slashing credit-loss provisions

Shares of Bank of America (NYSE:BAC) decreased 2.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 178.38% year over year to $1.03, which beat the estimate of $0.77.

Bank of America: Q2 Earnings Insights

Shares of Bank of America Corp. dropped 2.2% in premarket trading Wednesday, after the moneycenter bank reported a second-quarter profit that rose above expectations but revenue fell short, weighed by misses in the consumer banking and global markets businesses. Net income nearly tripled to $8.96 billion, or $1.03 a share, from $3.28 billion, or 37 cents a share, in the year-ago period, to beat the FactSet consensus of 77 cents.

Bank of America stock drops after profit beats expectations but revenue falls short

Bank of America Corp reported a jump in second-quarter profit on Wednesday as it released reserves it had set aside last year to cover potential loan losses tied to the pandemic.

Bank of America profit surges on reserve release boost

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America reported its second-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings. Investor Conference Call information: Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio will discuss the financial results in a conference call at 9:00 a.m. ET today. For a l

Bank of America Reports Second-Quarter 2021 Financial Results

Will Bank of America join rivals in posting a quarterly boost from the release of loan loss reserves?

Bank of America is set to report second-quarter earnings —here's what the Street expects

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock   Dividend per Share or Depositary Share1   Record Date   Payment Date Floating Rate Non- Cumulative, Series E   $0.25556   July 30   August 16 Floating Rate Non- Cumulative, Series F   $1,022.22222   August 31   September 15 Adjustable Rate N

Bank of America Declares Preferred Stock Dividends

Amid lower rates, weak lending scenario and dismal trading activities, decent investment banking performance might have supported BofA's (BAC) Q2 earnings to some extent.

Decent Investment Banking to Support BofA (BAC) Q2 Earnings

Because of reduced volatility and market normalization, Bank of America's (BAC) second-quarter 2021 trading revenues are not expected to have improved much.

Dismal Trading Performance to Hurt BofA's (BAC) Q2 Earnings

Along with the majority of the banking sector, Bank of America stock recovered in the first half of 2021 after a tough year in 2020 due to the pandemic.

Here Is Why Shares of Bank of America Surged 36% in the First Half of 2021

Morgan Stanley

After riding swift tailwinds through Q1, the biggest U.S. banks could face tougher times as Q2 earnings loom. That doesn't mean Q2 year-over-year earnings growth for the Financial sector won't be immense.

Hot Summer, Cool Fall? Big Banks Seen Delivering Huge Q2 Earnings, But Headwinds Blow

Bank of America (NYSE:BAC) releases its next round of earnings this Wednesday, July 14. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.

Bank of America's Earnings: A Preview

Outlook for U.S. banks after they announce dividend hikes and buybacks? Could Canada's OSFI follow the U.S. Fed 's lead to allow stock buybacks for Canadian banks?

Will Big Banks Continue With Their Winning Ways?

Goldman Sachs and JPMorgan, both of which report earnings Tuesday, led the market's gains.

Dow Closes Above 35,000 For First Time Ever As Stocks Hit New Highs Ahead Of Big Bank Earnings

Disney

So much for Wall Street's bulls selling in May and going away on summer vacation. The Dow is poised to close at a new all-time high Monday, led by gains in Disney and big banks Goldman Sachs and JPMorgan Chase.

The Dow is poised to close at a new all-time high, led by gains in Disney and big banks

The stock market hasn't been particularly kind to the Wall Street banks over the past few weeks, with stocks tumbling close to 10% after mid-June when the U.S. Federal Reserve released its June monetary policy statement. Tom Michaud's comments on CNBC's “Squawk on the Street” KBW's CEO Tom Michaud, however, remains positive on big banks […] The post Here's why KBW's CEO remains positive on the U.S. legacy banks stocks appeared first on Invezz.

Here's why KBW's CEO remains positive on the U.S. legacy banks stocks

Delta Air Lines

Before the opening bell on Wednesday, we are scheduled to get earnings results from three more big banks and one airline.

News for Bank of America Stock (BAC)