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

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Record-breaking Wall Street bank bond offerings in recent days are being driven by a combination of extraordinary market conditions and regulatory decisions that can be traced to the government's pandemic relief efforts, said analysts.

Analysis: U.S. banks' bond bonanza driven by extraordinary market conditions, regulatory decisions

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced preliminary results of matters voted upon during the company's 2021 annual meeting of stockholders. The 16 board of director nominees were elected, with at least 93 percent of the vote cast in favor of each. Jack Bovender, the company's Lead Independent Director, retired from the Board at the meeting. As previously disclosed, he was succeeded by Lionel Nowell, who has been an independent director at Bank of America since January

Bank of America Announces Preliminary Voting Results From 2021 Annual Meeting of Stockholders

American Express

Warren Buffett's Berkshire Hathaway has scored a $12 billion gain across just two stocks this year, American Express and Bank of America. The famed investor's conglomerate owned 152 million shares in American Express at the end of 2020, regulatory filings show. The financial-services group's stock has surged by over 20% since then, boosting the value of Berkshire's stake by about $4 billion to $23 billion.

Warren Buffett's Berkshire Hathaway has scored a $12 billion gain on American Express and Bank of America this year

A majority of Bank of America investors voted to approve the bank's executive pay plans and to reelect the board's directors at the bank's annual shareholder meeting, held online on Tuesday.

Bank of America investors back executive pay, directors

The shares of Bank of America Corp (NYSE: BAC) have received a price target increase from $37 to $44 by RBC Capital. These are the details.

BAC Stock: $44 Target (Up From $37) By RBC Capital

We significantly raise the estimates in our BAC investment case, having reviewed Q1 2021 results from last Thursday. Net Interest Income already grew on an adjusted basis in Q1; management guided to more growth and lower Expenses to come.

Bank Of America: Upside Potential Still Strong After Q1 2021

Apple

Hexavest of Montreal lowered investments in iPhone maker Apple, and banking giants Bank of America, JPMorgan Chase, and Citigroup.

Big Contrarian Investor Sold Apple Stock, Slashed Big Bank Investments

Major U.S. financial powerhouses Bank of America and JP Morgan are going on a borrowing spree, after reporting blockbuster first-quarter financial results this week, smashing record after record along the way.

Market Extra: Bank of America tops charts with $15 billion bond deal, the biggest ever from a bank

Bank of America (BofA) reported its Q1 2021  earnings , showing a profit increase of 47% to $8.1 billion, up from $5.5 billion in  Q4 2020 .

Bank of America saw a substantial uptick in appointments scheduled through digital channels

Bank of America Corp Chief Executive Officer Brian Moynihan on Friday said in a CNN interview that the U.S. needs to keep investing in infrastructure, adding that a "well-focused infrastructure plan would be a good thing" for the country.

Bank of America CEO Moynihan says supports 'a well-focused infrastructure plan': CNN interview

U.S. Bancorp

Truist Financial

Q1 earnings start on a positive note with banks like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), U.S. Bancorp (USB) & Truist (TFC) surpassing estimates on reserve releases and solid fee income performance.

Bank Stock Roundup: JPM, WFC, BAC, C, TFC & USB in Focus as Q1 Earnings Begin

"The banks are doing pretty darned good, even if their stocks don't necessarily reflect that fact," the "Mad Money" host said.

Big bank stocks are 'dirt cheap' after posting earnings, Jim Cramer says

Bank of America Corporation (BAC) CEO Brian Moynihan on Q1 2021 Results - Earnings Call Transcript

JPMorgan has a leg up on other bank stocks, CNBC's Jim Cramer and two other market analysts say.

'These are the stocks we've got to focus on': Three market analysts cheer big bank earnings and flag their top picks

SPDR S&P Regional Banking ETF

VictoryShares US Small Mid Cap Value Momentum ETF 

Looking at first-quarter earnings, markets are higher. BlackRock and banks like Bank of America (BAC), JP Morgan (JPM), and Goldman Sachs (GS) beat expectations.

Mornings with Maria: Tom Lydon Talks Banks Earnings and ETF Inflows

Bank Of America Corporation (NYSE: BAC) and Citigroup Inc (NYSE: C) reported first-quarter 2021 earnings results Thursday morning and, like Goldman Sachs Group Inc (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo (NYSE: WFC), beat expectations. The banking sector had been in a strong uptrend since November 2020 and has recently started to consolidate.

Bank Of America And Citigroup Struggle After Stellar Q1 Earnings

Congress will hold hearings next month with the chief executives of major Wall Street banks as Democratic lawmakers step up scrutiny of the role the industry has played in helping Americans recover from the COVID-19 pandemic.

Congress to quiz Wall Street bank chief executives next month - statement

Boosted by strong investment banking and trading results, as well as the release of loan-loss reserves, Bank of America Corp. (NYSE:BAC) reported better-than-expected first-quarter financials before the opening bell on Thursday.

Shares of Bank of America Fall Despite Strong 1st-Quarter Results

CNBC's "Squawk Box" co-anchor Andrew Ross Sorkin talked about banks and the financial sector Thursday with Pivotal Advisors Founder Tiffany McGhee and Douglas C. Lane & Associates Portfolio Manager Sarat Sethi.

Which Bank Stock Is The Best Buy Right Now?

SPDR S&P 500 ETF Trust

Time to wake up: no fewer than six major economic prints are hitting the tape ahead of today's opening bell, along with big banks continuing to bring Q1 earnings results.

Big Morning for Econ Data, Q1 Earnings

With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had socked away last year for possible losses. The move doubled its first-quarter profits — from $4.01 billion in 2020 to $8.05 billion, the company said in a press release.

Bank of America's Profits Double; 40.3 Million Customers Use Digital Banking

iShares MSCI Germany ETF

The bulls are in charge of the indices but within it there are stocks to fade. Today's picks are easy bets against the weak links.

3 Stocks to Fade Headed into the Sell-in-May Season

Robust trading and investment banking performance and reserve release support BofA's (BAC) Q1 earnings despite low interest rates and weak loan demand.

BofA (BAC) Q1 Earnings Beat on Big Reserve Release, Fee Income

Shares of Bank of America Corp (NYSE: BAC) are trading in a volatile manner today after the company reported its first-quarter earnings.  Profit more than doubled in Q1 2021 Bank of America Corp reported that its profit more than doubled in Q1 as the bank deployed reserves to compensate for potential loan losses amid the […] The post Here's why Bank of America stock price fell despite stellar Q1 results appeared first on Invezz.

Here's why Bank of America stock price fell despite stellar Q1 results

Bank of America earnings easily beat views amid loan-loss reserves released and strong investment banking. Citigroup also topped views.

News for Bank of America Stock (BAC)