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

Morgan Stanley

UnitedHealth Group

Any investors still hoping for a July rate cut based on economic prints, we can uncross our fingers now.

Econ Reports, Q2 Earnings Take July Rate Cut Off the Table

Bank of America stock is trading higher Tuesday after the financial firm beat analysts' expectations for its second quarter. Here's what you need to know.

Bank of America Stock Pops After Q2 Earnings: What to Know

Although the revenue and EPS for Bank of America (BAC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Bank of America (BAC) Q2 Earnings: A Look at Key Metrics

Bank of America (BAC) shares rose Tuesday as second-quarter revenue and profit beat estimates despite slightly lower net interest income (NII) than analysts were anticipating.

Bank of America Posts Earnings Beat on Investment Banking Boost

BAC stock surged Tuesday after Bank of America reported results. PNC Financial, State Street, Morgan Stanley release earnings.

Bank Of America Stock Adds To 24% Rally On Q2 Earnings; Financial Stocks Eye Breakouts

BofA (BAC) records a marginal increase in revenues in the second quarter of 2024.

BofA (BAC) Gains on Q2 Earnings Beat, IB & Trading Fee Growth

Bank of America (BAC) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.88 per share a year ago.

Bank of America (BAC) Q2 Earnings and Revenues Beat Estimates

Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.

Bank of America profit drops on lower interest income, outlook lifts shares

Bank of America Corp (NYSE:BAC) shares rose over 2% premarket on Tuesday after it reported a smaller fall in profit for the second quarter than expected. Interest income dropped and it made more provisions for potential loan losses, however, earnings were better than Wall Street expected.

Bank of America earnings fall less than expected as investment banking fees jump

BAC's strong Q2 and positive banking sector trends suggest a bullish short-term outlook for financial stocks, reflecting industry-wide momentum.

Bank of America Exceeds Expectations on Robust Investment Banking Results

Bank of America's profit fell in the second quarter as its income from interest on loans shrank and it set aside more money to cover potential credit losses.

BofA's profit falls on shrinking interest income

CHARLOTTE, N.C. , July 16, 2024 /PRNewswire/ -- Bank of America reported its second quarter 2024 financial results today.

Bank of America Reports Second Quarter 2024 Financial Results

CEO Brian Moynihan told investors in April that net interest income would bottom in the second quarter. The measure, known as NII, is the difference between what the bank earns on loans and what it pays depositors for their savings.

Bank of America is about to report earnings — here's what Wall Street expects

Merck

PayPal

By one estimation, artificial intelligence (AI) can provide a $15.7 trillion lift to the global economy by 2030. Despite AI's seemingly limitless potential, some of Wall Street's smartest and richest money managers parted ways with their shares of Nvidia during the first quarter.

Forget Nvidia: Billionaires Are Dumping It and Piling Into These 3 Surprising Value Stocks Instead

Albertsons Companies

Capri Holdings Ltd

Enphase Energy

Goldman Sachs

JPMorgan Chase & Co

Kroger

Sunnova Energy International Inc

Sunrun

SolarEdge Technologies

Tapestry

CNBC's Jim Cramer on Monday named stocks that could stand to see gains if former President Donald Trump returns to office, as well as ones that may notch losses. "After this weekend, it sure seems like the Trump stocks are back," he said.

Jim Cramer names stocks that could rally, or fall, during another Trump presidency

Bank of America Corp BAC will be reporting its second-quarter earnings on Tuesday. Wall Street expects 80 cents in EPS and $25.2 billion in revenues as the company reports before market hours.

Bank Of America's Bullish Trajectory Ahead Of Q2 Earnings: What Technicals Reveal

Citigroup

Wells Fargo

Bond yields for three of the four biggest money-center banks have continued to tighten against Treasurys following their earnings updates, in a positive sign of demand ahead of billions of dollars in fresh debt expected from the banks.

Bank bond spreads tighten as earnings spark buying ahead of fresh debt offerings

Bank Of America is scheduled to report earnings before Tuesday's open. The stock hit a record high of $55.08 in 2006 and is currently trading near $42/share.

Earnings Preview: What To Expect From Bank Of America

Bank of America Corporation BAC is scheduled to release its second-quarter financial results, before the opening bell on Tuesday, July 16.

Bank of America Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Las Vegas Sands

Penske Automotive Group

State Street

24/7 Insights Second quarter earnings season will start in earnest this week Solid earnings from top companies are a requirement for the current rally to stay in place Snag this free report today Access 2 legendary, high-yield dividend stocks Wall Street loves After over 10 years of a low-interest rate environment, which has reversed significantly over the last two years, many investors continue to turn to equities for growth potential and solid and dependable dividends.

5 Wall Street Blue Chip Giants Are Likely Raising Their Dividends This Week

Bank of America recently passed its 2024 Federal Reserve stress test. If the Fed cuts interest rates, that could boost Bank of America's business.

This Bank Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?

Broadcom

American Express

Brown & Brown

Carlisle Companies

Cintas Corp

Dick's Sporting Goods

Comfort Systems USA

Hess Midstream Partners

Hartford Financial Services Group

Hamilton Lane

Eli Lilly

Microsoft

NRG Energy

NetApp

Owens Corning

QUALCOMM

Tetra Tech

Wingstop

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: July 2024

Hershey

Sanofi

Investors have been running on a high for the last several months as all major U.S.

Four Blue Chip Stocks To Buy Now And Hold For Forever

Apple

D.R. Horton

Investors seeking long-term stocks to buy and hold may certainly have trouble finding companies with attractive valuations in sectors with enough growth to consider. Various AI stocks are overpriced, and some of the more beaten-down areas of the market are ones many investors are avoiding for a reason.

3 Long-Term Stocks to Buy Before Interest Rates Drop

Bank of America Corporation BAC will release its second-quarter financial results, before the opening bell on Tuesday, July 16.

News for Bank of America Stock (BAC)