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

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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Intangibles

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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

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

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The U.S. Federal Reserve has asked lenders to start providing information on the measures they are taking to mitigate climate change-related risks to their balance sheets, according to four people with knowledge of the matter.

Exclusive: Fed privately presses big banks on risks from climate change

Modest loan growth and continued steepening of the yield curve could grow the bank's earnings significantly.

Bank of America Seeing 'Modest' Loan Growth in April and May

CHARLOTTE, N.C.--(BUSINESS WIRE)--According to the Bank of America 2021 Small Business Owner Report, U.S. small business owners have started to regain their footing after an unprecedented year of challenges brought on by the coronavirus. The research, based on a survey of nearly 1,000 small business owners across the country conducted in March, reveals business outlook and economic confidence have bounced back significantly from levels seen in the fall. Over the next 12 months: 60% of business

Bank of America Finds 60% of Small Business Owners Expect their Revenue to Increase This Year, a Significant Rebound since Last Fall

Apple

American Express

Coca-Cola

Berkshire Hathaway is sitting on $196 billion in unrealized investment gains. These four companies account for 80% of those gains.

Warren Buffett Has Gained $158 Billion on These 4 Stocks

Bank of America has hired Emmanuel Regniez from Citigroup to co-head its investment banking franchise for France as it seeks to strengthen its network of European hubs after Brexit, according to a memo seen by Reuters.

Bank of America poaches Citi's Regniez to co-head France investment banking

Caterpillar

Visa

Near all-time highs it makes sense to fade these mega-cap stocks on extreme strength. Long-term they are favorites, but they need to rest now.

3 Mega-Cap Stocks to Fade After this Monster Rally

Banking is one of Buffett's favorite industries, but he's betting a lot on one bank stock in particular.

Warren Buffett's Favorite Bank Stock

Banks could have a lot to gain as the U.S. economy grows. Here are our favorites.

Ranking the Big Bank Stocks: Which Is the Best Buy Now?

In its portfolio for the first quarter of 2021, which was released earlier this week, the Fairholme Fund (Trades, Portfolio) disclosed it reduced its position in one stock while completely divesting another.

Bruce Berkowitz's Fairholme Fund Cashes Out of Bank of America, Chips Imperial Metals Stake

All banks generally benefit as interest rates climb, but these could be especially big winners.

3 Bank Stocks That Could Be Big Winners as Rates Rise

Here's a rundown of the largest U.S. banks and the key differences among them.

The 5 Biggest Bank Stocks Investors Need to Know

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation announced today that it will redeem on May 17, 2021 all $2,250,000,000 principal amount outstanding of its 3.499% Fixed/Floating Rate Senior Notes, due May 2022 (CUSIP No. 06051GHH5) (the “Notes”). The redemption price for the Notes will be equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of May 17, 2021. Interest on the Notes will cease to accrue on the redem

Bank of America Announces Redemption of 3.499% Fixed/Floating Rate Senior Notes, due May 2022

Wells Fargo is bigger than Bank of America in terms of the number of physical banking branches, while BAC is larger than WFC with respect to other key financial metrics. Wells Fargo's FY 2021 earnings outlook is positive with expectations of more credit losses reserves being released and a narrowing of its YoY net interest income decline.

Bank Of America Vs. Wells Fargo Stock: Which Is A Better Buy

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation (successor to Merrill Lynch & Co., Inc.) announced today that it will redeem on May 30, 2021 all C$500,000,000 principal amount outstanding of its Fixed to Floating Rate Subordinated Notes Due May 30, 2022 (CUSIP No. 5901887J1, ISIN: CA5901887J13) (the “Notes”), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of May 30, 2021. Since M

Bank of America Announces Redemption of C$500,000,000 Fixed to Floating Rate Subordinated Notes Due May 30, 2022

Bank of America is a good value with some gusty tailwinds to help it soar.

Got $1,000? 2 Reasons to Buy Shares of Bank of America

CHARLOTTE, N.C.--(BUSINESS WIRE)--What's driving home sales, higher home prices and bidding wars in many areas of the country? Low housing inventory and low interest rates are often factors, but Bank of America's 2021 Homebuyer Insights Report found that a sense of community and good neighbors are also key priorities for today's homebuyer. According to the survey of 2,000 adults who currently own a home or plan to in the future, half (51%) of younger buyers – those ages 18 to 43 – and nearly on

Amidst a Dynamic Home Buying Market, 70% of Prospective Buyers Looking For Vibrant and Connected Communities

This trio will pay out $2.16 billion this year to Berkshire Hathaway.

Warren Buffett Generates Half of His Dividend Income From These 3 Stocks

JPMorgan, Bank of America, Goldman Sachs, and Morgan Stanley all tapped the bond markets following stellar first quarter earnings.

Why 4 Major Banks Just Issued $40 Billion in Bonds

DoorDash

Wellcome Trust, one of the largest charitable organizations in the world, reduced positions in Apple, DoorDash, and Bank of America stock, and bought Visa shares.

A Huge Trust Sold Apple and DoorDash Stock. Here's What It Bought.

Just like Black Friday signals the start of the holiday shopping season, when you see financial giants in the news for their corporate reports, you know earnings season is nigh.

Setting the Summer Scene for Bank Stocks

Some modest loan growth later this year could increase Bank of America's current net interest income level by $1 billion in the fourth quarter.

Loan Growth Would Pump Up Bank of America's Earnings -- But Will It Come This Year?

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.18 per share, payable on June 25, 2021 to shareholders of record as of June 4, 2021. The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on July 23, 2021 to shareholders of record as of July 9, 2021. Bank of A

Bank of America Declares Quarterly Stock Dividends

Pandemic lockdowns and stimulus checks have helped Americans save more money, a mixed blessing for banks. For instance, higher savings lead to more deposits, allowing banks to lend more funds.

Rising Savings Are a Mixed Blessing for Banks

Bank of America Corporation (BAC) CEO Brian Moynihan Presents at 2021 Annual Meeting of Shareholders (Transcript)

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America, N.A. announced today that it issued a $1 billion six-month floating rate bank note referencing the one-month tenor of the Bloomberg Short-Term Bank Yield IndexSM (BSBY) to multiple investors earlier this week. BSBY adheres to the International Organization of Securities Commissions' (IOSCO) Principles for Financial Benchmarks and measures the average yields at which large, global banks access U.S. dollar unsecured wholesale funding. It is dynam

News for Bank of America Stock (BAC)