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.

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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

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EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

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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

Bank of America (NYSE: BAC) shares have advanced from $23.2 above $28 in less than five days and the current price stands around $27.3. The technical picture implies that the price may advance above $30 this November but there are also some obvious risks when it comes to buying Bank of America shares.

Bank of America shares rise sharply supported by Covid-19 vaccine news

Income investors have passed a major event risk now that we officially have the results from the U.S. elections. However, these events have also opened the door for sustained differences in U.S. economic policy that have the potential impact on the banking industry in a very direct (and negative) way.

Maybe It's Time To Sell Bank Of America

Snowflake

Dominion Energy

And we're about to find out what he bought.

Warren Buffett Spent Billions on Stocks in Q3

Citigroup

JPMorgan Chase & Co

PNC Financial Services

Wells Fargo

Many think a second round of stimulus could play a big role in how loan losses develop in the banking sector.

Why a Second Stimulus Is So Important for Bank Stocks

Comerica

M&T Bank

It is not just Big Pharma that is reaping a windfall from the positive news on the COVID-19 vaccine front, but big banks as well. Pfizer and BioNTech's release of promising vaccine trial data not only triggered a big increase in their share prices, it also helped push long-term interest rates higher.

Pfizer, BioNTech Vaccine News Boosts Interest Rates And Bank Share Prices

Prosperity Bancshares

Webster Financial

The coronavirus vaccine-related news by Pfizer (PFE) will have positive financial implications on banks. So, almost all banks - big/small like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), Webster (WBS) and Prosperity (PB) - have been rallying.

Here's Why JPM, BAC, C, WFC and Other Bank Stocks are Soaring

Mastercard

PayPal

Block

Visa

The financial sector is a big market laggard this year, but will banks rebound in a postpandemic world?

Will Bank Stocks Bounce Back After the COVID-19 Pandemic Ends?

Apple

Warren Buffett has been aggressively buying three stocks for the past four years.

Buffett Has Spent $67 Billion on These 3 Stocks Since 2016

Bank of America Corporation (BAC) CEO Brian Moynihan Presents at Bank of America Future of Financials Virtual Broker Conference 2020 (Transcript)

Interactive Brokers

Charles Schwab

AMTD International Inc

Once again, online brokers suffer service failures during a market surge at the market open on November 9, 2020, in a reaction to election and vaccine news. Among those having issues were Charles Schwab, TD Ameritrade, Merrill Edge, and Fidelity.

Online Brokers Suffer Service Failures as Markets Surge

Early Monday morning, customers were reporting issues with logging into personal finance accounts from Fidelity, Ameritrade, Vanguard, Merrill, and Charles Schwab. DownDetector, a website that tracks website outages, first reported issues around 10 a.m. ET.

People are reporting issues accessing their Fidelity, Ameritrade, Vanguard, Merrill, and Charles Schwab accounts

Financial Select Sector SPDR Fund

The COVID-19 vaccine news has big implications for the financial sector.

Here's Why Bank of America, JPMorgan Chase, Wells Fargo, and Other Bank Stocks Are Soaring Today

The Consumer Financial Protection Bureau (CFPB) approval means that the bank is unlikely to see supervisory or enforcement action from the bureau for its new small-dollar loan offering, dubbed Balance Assist, American Banker reports. 

Bank of America is granted a no-action letter by the CFPB for its short term loan offering

American Express

Capital One

Discover

Synchrony Financial

Credit card deferrals, charge-offs, and loans 90 days past due are all down from earlier this year or on a year-over-year basis. But will they continue to stay that way?

Credit Card Trends at Banks Are Much Improved, but Can It Last?

Loans showing some impairment or danger of default have risen significantly at banks this year. In the third quarter, they began to stabilize.

Criticized Loans Are Stabilizing at Many of the Large Banks

B of A is looking like a nice combination of value and growth potential.

Bank of America: The Best Bank Stock to Buy Now?

ITOCHU Corp

Marubeni Corp

Mitsui & Co Ltd

Sumitomo Corp

GuruFocus runs a contest every quarter in which people guess the stocks they think Warren Buffett (Trades, Portfolio) might have bought. The third-quarter contest begins today.

Guess Which Stocks Warren Buffett Bought: 3rd-Quarter Contest

The Consumer Financial Protection Bureau recently issued the bank a no-action letter for its new $500, three-month loan.

Bank of America Is the First Major Bank to Get the Go-Ahead on Small-Dollar Loans

In Q3, big banks - JPMorgan (JPM), BofA (BAC), Citigroup (C) and Wells Fargo (WFC) - benefit substantially from fee income. A similar trend is likely to continue over the next few quarters as the economy revives gradually.

Fee Income Supports Big Banks' Q3 Earnings: What's Next?

SPDR S&P Bank ETF

U.S. Bancorp

Bank stocks plummet on sharp fall in Treasury yields, bucking the rally in the broader market.

Bank Stocks Tank on Sharp Fall in Treasury Yields, Uncertainty

How much does the app contribute to the company's strength and potential?

What Does Erica Mean to Bank of America's Stock?

There are a couple of negative catalysts pressuring bank stocks after the election.

Here's Why Bank of America, JPMorgan Chase, and Other U.S. Bank Stocks Are Tanking Today

Bank of New York Mellon

Barrick Gold

Kroger

One of the world's most successful investors put some of his billions to work last quarter.

What Stocks Did Buffett Buy in the Third Quarter?

Goldman Sachs

Morgan Stanley

Many Wall Street banks' favorite lawmakers were returned to Congress overnight, boding well for the industry which has been trying to rebuild a broad base of bipartisan support a decade after the financial crisis tarnished its image in Washington.

U.S. banks see several allies returned to key congressional seats

Costco

Coca-Cola

If you're confused about where to park your capital, investors should look no further than the top Warren Buffett stocks to buy. The post 3 Warren Buffett Stocks You Want to Own appeared first on InvestorPlace.

News for Bank of America Stock (BAC)