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 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

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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.

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Cost of revenue

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Earnings per share

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Cash & equivalents

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Intangibles

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Current liabilities

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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

Chubb

Liberty Media Corp-Liberty SiriusXM

When the world's greatest investor makes a move, traders want to follow the lead to see which Warren Buffett stocks to buy and position their own portfolios for success.  On Wednesday, May 15, Warren Buffett disclosed Berkshire Hathaway's (NYSE: BRK-A , NYSE: BRK-B ) latest portfolio update for Q1 2024.

Buffett's Best Bets: 3 Must-Have Stocks in the Oracle's Arsenal

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase's Jamie Dimon, the Wall Street Journal reported on Sunday.

U.S. regulators reconsider capital hike for big banks, WSJ reports

Broadcom

Brown & Brown

Cigna

Carlisle Companies

Dick's Sporting Goods

Comfort Systems USA

Hess Midstream Partners

Imperial Oil

Lennar

Martin Marietta Materials

Microsoft

NRG Energy

Owens Corning

Quanta Services

QUALCOMM

Target

Tesco PLC

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 - May 2024

Washington Federal

The Bank of America Corporation (BofA) is set to purchase Washington Federal Bank's portfolio of commercial multi-family real estate loans, valued at $3.2 billion. The announcement was made by Washington Federal, Inc. (WaFd), the parent company of Washington Federal Bank, in a regulatory filing on Friday.

Bank of America to acquire Washington Federal Bank's $3.2 billion loan portfolio

WaFd Inc , the parent of Washington Federal Bank, has agreed to sell a portfolio of commercial multi-family real estate loans to Bank of America for $2.9 billion, it disclosed in a regulatory filing on Friday.

Bank of America to buy WaFd's multi-family loan portfolio for $2.9 bln

The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.

Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years

CHARLOTTE, N.C. , May 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No.

Bank of America Announces Full Redemption of its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares

Bank of America (BAC) reported earnings 30 days ago. What's next for the stock?

Bank of America (BAC) Up 10.5% Since Last Earnings Report: Can It Continue?

More boomers favor renting, with little interest in buying a home CHARLOTTE, N.C., May 15, 2024 /PRNewswire/ -- Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they're not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a new Bank of America Homebuyer Insights Report (HBIR), conducted in partnership with Bank of America Institute.

BofA Report: 70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future

The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job.

Exclusive: Bank of America banker who died had sought to leave, citing long hours, recruiter says

Apple

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Boeing

Alibaba

BASF SE

Brookfield Renewable Partners

B&G Foods

Bank of Montreal

Bayerische Motoren Werke AG

Bank of Nova Scotia

BRT Apartments

Blackstone Group

Blackstone Secured Lending Fund

Colgate-Palmolive

Canadian Imperial Bank of Commerce

Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% sequentially. Gifted Working Time 2024: Around 85 hours, or 10.6 days, of active work have been replaced with passive income in 2024, which is equivalent to more than two entire workweeks.

My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys

Buffett and his holding company, Berkshire Hathaway, are heavily invested in Apple and Bank of America. Buffett recently trimmed his Apple position, but one Wall Street analyst thinks the stock could still rise by about 34% over the next 12 months.

Warren Buffett Holds $175 Billion of His Portfolio in 2 Stocks That Could Rise 34% and 17%, According to a Pair of Wall Street Analysts

Recently I turned neutral on Bank of America stock, from a previously bullish opinion. I still hold my shares but don't want to buy more. Since changing my opinion on BAC common stock, I haven't yet commented on the 6.2% yielding preferred shares. My opinion on those has dimmed to: inflation is looking persistent, treasury yields are rising, so BAC.PR.L probably won't deliver a capital gain.

Bank Of America 6% Preferreds: The Fed's Not Cutting (Rating Downgrade)

DraftKings

Kinder Morgan

Palantir Technologies

DigitalBridge Group

Kraft Heinz

Verizon

As earnings season winds down, the long-awaited shift from growth to value seems to be emerging. Many tech stocks are down despite good earnings as investors hunt for bargains.

The 7 Most Undervalued Under-$50 Stocks to Buy in May 2024

Capital One

Discover

Consumers have been a source of strength for the economy, supported by robust labor markets and wage growth. Credit card net charge-offs and delinquencies have risen as consumer credit card debt surpassed $1 trillion last year.

Credit Card Net Charge-Offs Are Rising. Here's Why Banks Aren't Too Concerned.

Abbott Labs

Honeywell

Coca-Cola

Merck

If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

JP Morgan Has 5 Blue Chip Passive Income Stocks as Top Picks for May

American Express

Common financial advice suggests that a more diversified portfolio is better for most investors. Warren Buffett is not like most investors, which gives him some leeway to invest in just a few wonderful companies.

67.3% of Warren Buffett's $361 Billion Portfolio Is Invested in Just 4 Stocks

CHARLOTTE, N.C. , May 10, 2024 /PRNewswire/ -- Bank of America today announced that it recently learned of an unsolicited "mini-tender" offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $40.00 per share.

Bank of America Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC

Ally Financial

Chevron

Hess

If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world, and his annual Berkshire Hathaway shareholders meeting last weekend drew thousands of loyal fans who are investors.

Berkshire Hathaway Profits Dropped 64%, but 5 Warren Buffett Dividend Stocks Ruled Q1

News for Bank of America Stock (BAC)