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 Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 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.

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

Builders FirstSource

Unum

Companies commonly deploy repurchase programs to boost shareholder value, all of which we've recently seen from Builders FirstSource, Unum Group, and Bank of America.

Buybacks: 3 Companies Aggressively Buying Shares

Bank of America's Series PP 4.125% fixed-rate preferred shares have performed in line with the iShares Preferred and Income Securities ETF in 2024. I think the series PP securities may reach a price of $21.2/share by the end of 2026, providing an 11% annualized return equally split between dividends and capital gains. The capital gains should be driven in large part by Fed rate cuts to about 3.1% by the end of 2026.

Bank Of America: Fixed-Rate Preferred Shares Offer Upside On Fed Cuts/Recession

Broadcom

Carlisle Companies

Cintas Corp

Dick's Sporting Goods

Comfort Systems USA

Eli Lilly

NRG Energy

NetApp

PulteGroup

This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - August 2024

Mitsui & Co Ltd

Occidental Petroleum

Although Buffett recently sold shares of one of these stocks, it remains a great long-term pick. Another offers a low valuation and a great dividend.

The Best Warren Buffett Stocks to Buy With $120 Right Now

CHARLOTTE, N.C. , Aug. 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on August 24, 2024 all €1,500,000,000 principal amount outstanding of its Floating Rate Senior Notes, due August 24, 2025 (ISIN: XS2345784057; Common Code: 234578405) (the "Notes").

Bank of America Announces Redemption of €1.5 Billion of Floating Rate Senior Notes, Due August 24, 2025

Wells Fargo

Dividend raises were all the rage after major lenders aced the Fed's annual stress tests. Neither of these two banks wasted much time declaring meatier shareholder payouts.

Are You Missing Out on These 2 Dividend Raises From Major Banks?

World soccer's governing body FIFA has announced Bank of America Corp. as the official banking sponsor of the 2026 World Cup.

Bank of America teams with FIFA to sponsor U.S.-hosted 2026 World Cup

Bank of America is partnering with FIFA to become a sponsor for the 2026 World Cup, soccer's global governing body said on Thursday, in a move that will link the financial giant with one of the world's most-watched sporting events.

Bank of America partners with FIFA as first-time sponsor for 2026 World Cup

Trusted financial institution becomes FIFA's first-ever global sponsor in the banking category Together FIFA and Bank of America will engage communities, promoting human connection through football FIFA World Cup 26™ to take place across 16 host cities, including 11 in the USA CHARLOTTE, N.C. , Aug. 15, 2024 /PRNewswire/ -- FIFA is proud to announce Bank of America as its Official Bank Sponsor of FIFA World Cup 26™, confirming a historic partnership that underscores the global financial institution's commitment to promoting wellness, supporting the pursuit of excellence and making a human connection and community impact through the power of sport.

FIFA announces Bank of America as Official Bank Sponsor of FIFA World Cup 26™

Apple

Recent filings show that Warren Buffett has trimmed his Apple and Bank of America stakes. This is not the first time Buffett has sold stock in recent months, suggesting he may be puzzled by the economy's overall state.

Prediction: Buffett's Decision to Offload Apple and Bank of America Stock Could Pay Off In Spades. Here's Why.

People around the world honor and respect Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) CEO Warren Buffett, so his sale of Bank of America (NYSE: BAC ) shares, may induce you to panic-sell or just avoid Bank of America stock. That's a mistake.

Warren Buffett's Been Dumping Bank of America Stock. Buy It Anyway.

American consumers could become disheartened if the Federal Reserve doesn't cut interest rates soon. That's according to Bank of America CEO Brian Moynihan, who made that prediction in an interview with CBS News Sunday (Aug. 11), after the Federal Reserve said it would keep its rate at a range of 5.25%-5.5%.

BofA CEO: Consumers Could Sour Without Interest Rate Cuts

Avangrid

Best Buy

Franklin Resources

Citizens Financial Group

Estee Lauder

Eversource Energy

FlexShares STOXX US ESG Impact Index Fund

Exelon

Hasbro

Hormel Foods

Interpublic Group of Companies

Kraft Heinz

MetLife

Merck

NextEra Energy

Omnicom Group

Prudential Financial

Regions Financial

Target

Barron's seventh annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. Per 8/8/24 data from YCharts, the top-10 of 77 dividend-paying sustainable companies ranged 4.34%-14.68% by annual yield and ranged 31.29%-79.66% by broker-estimated target-price upsides.

Buy 10 Sustainable Dividend Dogs Of Barron's August 100

JPMorgan Chase & Co

Morgan Stanley

Mitsubishi UFJ Financial

Charles Schwab

Sumitomo Mitsui Financial Group

U.S. Bancorp

While interest rates remain high, it offers a good opportunity to investors to consider these financial stocks for rising interest rates. An increase in interest rates often results in increased net interest margins for banks and other financial institutions.

7 Financial Stocks That Could Benefit from Rising Interest Rates

American Express

Coca-Cola

Most of Buffett's current top-five stocks will likely still rank highly next year. However, two of them could swap places.

Prediction: These Will Be Warren Buffett's Top-5 Stocks in 2025

CHARLOTTE, N.C. , Aug. 8, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on September 20, 2024 all CAD500,000,000 principal amount outstanding of its 3.407% Fixed/Floating Rate Senior Notes, due September 2025 (CUSIP No.

Bank of America Announces Redemption of CAD500,000,000 3.407% Fixed/Floating Rate Senior Notes Due September 2025

The CFPB probes major banks like JPMorgan (JPM), BofA (BAC) and Well Fargo (WFC) over their handling of customer funds on the peer-to-peer payments platform Zelle.

JPMorgan, BofA & Others Face CFPB's Probe Over Zelle Fraud

The Consumer Financial Protection Bureau is investigating major U.S. banks for their handling of customer funds on the peer-to-peer payments platform Zelle Network, the Wall Street Journal reported on Wednesday.

Big banks are under investigation for Zelle scams

The Consumer Financial Protection Bureau (CFPB) is investigating major U.S. banks for their handling of customer funds on the peer-to-peer payments platform Zelle, the Wall Street Journal reported on Wednesday.

U.S. consumer watchdog probes major US banks over Zelle scam, WSJ reports

Goldman Sachs

Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A, Financial) (BRK.B, Financial) sold about 34 million shares of Bank of America Corp. (BAC, Financial) between July 17 and July 19, 19 million shares between July 22 and 24 and another 18.40 million shares between July 30 and Aug. 1, according to recent Form 4 filings.

Bank of America: Buffett's Selling Activity Could Be a Bad Sign

Investors have had a rough start to the new week as stock indexes worldwide collectively wiped out trillions of dollars in value. This is a big change from the easy money and ‘everything' rally days that started during the COVID-19 pandemic when most stocks became winners because central banks everywhere injected record amounts of capital into the system.

Stocks Slide: Trillions Lost, More Downside Ahead?

The week is off to a rocky start for most investors. From Sunday night's opening of futures and Asian stock markets to the 3.6% decline on the S&P 500, the market's rotation seems to be gaining more momentum this week without any signs of slowing down.

Berkshire Hathaway Cuts Bank of America Stake: What to Know

CHARLOTTE, N.C. , Aug. 5, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X (CUSIP No.

Bank of America Announces Full Redemption of Its Series X Preferred Stock and Related Depositary Shares

Citigroup

Shares of Citigroup (C), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS) and other U.S. banks tumbled after a weak July jobs report.

U.S. Bank Stocks Fell Amid Concern of Economic Slowdown

Bank stocks tumbled on Monday as last week's sell-off, prompted by a weak jobs report on Friday, extended into the new week amid concerns about the rising risk of a U.S. recession and a weakening consumer outlook.

News for Bank of America Stock (BAC)