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 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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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

BOK Financial

Huntington Bancshares

JPMorgan Chase & Co

Zions Bancorp

Banks including JPMorgan (JPM), BofA (BAC), Huntington (HBAN), BOK Financial (BOKF) and Zions (ZION) are expected to benefit from clues to the timeline for any policy changes by the Fed.

What's in the Cards for Bank Investors in FOMC Meeting?

Citigroup

Wells Fargo

In recent weeks, overdraft fees have been under scrutiny and analysts believe banks are going to face more pressure going forward.

Which Large U.S. Bank Stands to Lose the Most if Bank Overdraft Fees Go Away?

Apple

American Express

DaVita

Kraft Heinz

Coca-Cola

Moody's

U.S. Bancorp

Verizon

Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.

These 10 Stocks Make Up 85% of Warren Buffett's Portfolio

SEATTLE--(BUSINESS WIRE)--The Black Future Co-op Fund, University of Washington Foster School of Business' Consulting and Business Development Center (CBDC), and Bank of America today announced a new partnership to build generational sustainability of Black-led businesses and nonprofits across Washington state. “Black businesses and organizations have long been vital contributors to Washington state, yet purposeful and persistent anti-Blackness has undermined their opportunity to thrive,” says

New Partnership With Black Future Co-op Fund, UW Foster, and Bank of America Invests in Washington Black-Led Businesses and Nonprofits

Goldman Sachs

Morgan Stanley

State Street

As operating backdrop normalizes, major banks like JPMorgan (JPM), State Street (STT), Morgan Stanley (MS), Wells Fargo (WFC), Citi (C), Bank of America (BAC) & Goldman (GS) see their businesses reverting back to pre-pandemic levels.

Banks Provide Q2 View as Capital Markets Business Normalizes

Twitter

Wells Fargo has been one of the best-performing financial stocks, but could it still have lots of upside potential?

Up 50%, Is Wells Fargo Still a Bargain?

QUALCOMM

An analyst at BofA Securities came away bullish from a virtual event it hosted for QUALCOMM Inc. (NASDAQ: QCOM). The Qualcomm Thesis: Qualcomm's CEO-elect Cristiano Amon sees exciting times for 5G, with a rate of deployment and subscriber growth tracking about two years faster than the 3G to 4G transition, analyst Tal Liani said in a Monday morning note.

Qualcomm CEO-Elect Cristiano Amon Speaks At BofA Securities Event: Why Is An Analyst Bullish?

Bank of America Corporation (BAC) Management Presents at Morgan Stanley U.S. Financials, Payments & Commercial Real Estate Conference (Transcript)

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN

John Hancock Financial Opportunities Fund

Direxion Daily Regional Banks Bull 3X Shares

Direxion Daily Financial Bull 3x Shares

Direxion Daily Financial Bear 3X Shares

Fidelity MSCI Financials Index ETF

First Trust Nasdaq Bank ETF

First Trust Financials AlphaDEX Fund

iShares U.S. Regional Banks ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

JH Mltfct Fncls Shs

SPDR S&P Bank ETF

Invesco KBW Bank ETF

Invesco KBW Regional Banking ETF

SPDR S&P Regional Banking ETF

First Trust NASDAQ ABA Community Bank Index Fund

Invesco S&P 500 Equal Weight Financials ETF

ProShares Short Financials

ProShares Ultra Financials

Vanguard Financials ETF

Financial Select Sector SPDR Fund

The financials and banking stocks have been some of the best performing of the reflation trade since the second half of 2020. On the whole, we know banks like to make their profits by lending long term and borrowing short term.

Financials Look Ripe For A Reversal

The spend increased from around $300 million per year nearly 12 years ago.

Bank of America spends over $1 billion per year on cybersecurity, CEO Brian Moynihan says

Nearly all spending categories have recovered with the exception of travel, according to the Bank of America CEO.

Bank of America CEO Brian Moynihan says consumer spending is 20% higher this year than 2019

LEXINGTON, Ky.--(BUSINESS WIRE)--Bank of America today announced it has opened its first financial centers in Kentucky. The opening of three centers in Lexington brings retail banking, lending and small business services to local clients, along with investing and personalized financial guidance from Merrill. In addition to these newly-opened centers, Bank of America has added 20 ATMs in the Lexington area over the last two years, bringing its total to 27 ATMs across the state. The company plans

Bank of America Opens First Financial Centers in Kentucky

GEO Group

Workhorse Group

Retail investors have sent a series of Reddit stocks "to the moon." Today, we're taking a deep dive to look at the phenomenon.

Reddit: The Best Thing Since Sarbanes Oxley

Splunk

Splunk Inc. (SPLK) CEO Doug Merritt Presents at BofA Securities 2021 Global Technology Conference (Transcript)

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced the following reporting dates for quarterly financial results: Fourth quarter 2021 – Tuesday, January 18, 2022 First quarter 2022 – Monday, April 18, 2022 Second quarter 2022 – Monday, July 18, 2022 Third quarter 2022 – Monday, October 17, 2022 The results will be released at approximately 6:45 a.m. Eastern Time. The company will host a conference call for investors at 8:30 a.m. Eastern Time. Details on how to participate in the

Bank of America Announces 2022 Financial Reporting Dates

Rocket Companies, Inc.

Rocket Companies, Inc. (RKT) CEO Jay Farner Presents at Bank of America Securities 2021 Global Technology Conference (Transcript)

Fiverr

Fiverr International Ltd. (FVRR) CEO Micha Kaufman Presents at Bank of America Merrill Lynch 2021 Global Technology Conference (Transcript)

Wells Fargo & Co (NYSE:WFC) and Bank of America Corp (NYSE:BAC) shares are trading lower by 1.2% and 0.9%, respectively, Thursday afternoon following worse-than-expected U.S. jobless figures and inflation data. While jobless claims slightly missed consensus estimates, they fell for the sixth straight week.

Why Wells Fargo And Bank Of America Shares Are Trading Lower Today

NEW YORK--(BUSINESS WIRE)--Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates' growing need to pay consumers quickly and digitally by depositing funds directly into an individual's or small business' bank account. Pay to Card leverages the details of a bank card (excluding credit cards) associated with an account to process the transaction. A major benefit of Pay to Card is speed.

BofA Expands Its Digital B2C Payment Offerings with Pay to Card

Bank of America Corp Chief Executive Brian Moynihan has been at the helm for more than a decade, having guided the bank out of a financial crisis and transformed it into a nimbler operation.

Factbox: Bank of America's next CEO? List of possible candidates

When Brian Moynihan took the reins at Bank of America Corp in 2010, the U.S. bank was reeling.

Analysis: Bank of America leaves Wall Street wondering about next CEO

Zscaler

Zscaler, Inc. (ZS) CEO Jay Chaudhry Presents at Bank of America Merrill Lynch 2021 Global Technology Brokers Conference (Transcript)

PayPal

PayPal Holdings, Inc. (PYPL) CEO Dan Schulman Presents at Bank of America Merrill Lynch 2021 Global Technology Conference (Transcript)

Not only does it look like banks have made more holistic relationships with new deposit customers, but deposit pricing tends to lag interest rate hikes.

Why Banks May Be Flush With Deposits for Some Time

Qorvo

Qorvo, Inc. (QRVO) CEO Bob Bruggeworth Presents at Bank of America Securities 2021 Global Technology Conference (Transcript)

News for Bank of America Stock (BAC)