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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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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Cash & equivalents

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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

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American Express

Citigroup

Warren Buffett continues to like bank stocks. Some of the biggest positions in the Berkshire Hathaway (NYSE: BRK-A /NYSE: BRK-B ) portfolio are in banks and financial institutions.

The 3 Best Buffett Bank Stock Picks

Lowe's

LVMH Moet Hennessy Louis Vuitton

Buying dividend stocks has proved itself a superior investing strategy over time. Companies that pay dividends tend to be profitable, well-managed and financially stable.

Money Trees: 3 Top Stocks to Buy for $5,000 in Annual Dividend Income

Bank of America is a large and complex financial institution. The bank's dividend yield is historically high, but not exactly high on an absolute basis.

Bank of America Is Great. Here's Why You Shouldn't Buy It.

Moody's

The finance sector commands just over 24% of Warren Buffett‘s Berkshire Hathaway BRK BRK portfolio. That's an increase from 21.75% from the previous quarter.

Warren Buffett's Top 3 Stocks: Portfolio Allocation To This Sector Increased In Q4 - Bank of America (NYSE:BAC), American Express (NYSE:AXP)

JPMorgan BetaBuilders MSCI US REIT ETF

Principal Real Estate Active Opportunities ETF

CorEnergy Infrastructure Trust

Dimensional US Real Estate ETF

Dimensional Global Real Estate ETF

iShares Environmentally Aware Real Estate ETF

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Goldman Sachs Future Real Estate And Infrastructure Equity ETF

Goldman Sachs

Home Appreciation US REIT ETF

iShares Cohen & Steers REIT ETF

Pacer Benchmark Industrial Real Estate SCTR ETF

iShares U.S. Real Estate ETF

JPMorgan Chase & Co

JPMorgan Realty Income ETF

Janus Henderson U.S. Real Estate ETF

Invesco KBW Premium Yield Equity REIT ETF

Morgan Stanley

NETLease Corporate Real Estate ETF

Nuveen Short-Term REIT ETF

Realty Income Corp

Office Properties Income Trust

The REIT sector had a rough start to 2024 with a -5.72% total return in January. Large cap REITs (-4.79%) outperformed their smaller peers in January. Micro cap REITs (-8.39%) averaged the steepest declines. Only 9.55% of REIT securities had a positive total return in January.

The State Of REITs: February 2024 Edition

Warren Buffett has long been a big investor in banks and financial institutions. Bank of America's tremendous scale makes it easy for the institution to attract low-cost deposits.

Nearly One-Fifth of Warren Buffett-Led Berkshire Hathaway's $368 Billion Stock Portfolio Is Invested in These 2 Financial Giants

Capital One

PNC Financial Services

Wells Fargo

Banks may have cut back on some of their branches, but maintaining a retail presence remains a priority even in the age of the smartphone.

Bank branches are not going away even if consumers mostly use apps

Apple

Chevron

Hess

Kraft Heinz

Coca-Cola

Monster Beverage

Occidental Petroleum

Warren Buffett Collects a Massive $4.79 Billion in Income from 6 Top Stocks

Warren Buffett Has 75% of Berkshire Hathaway in 5 Sizzling Dividend Stocks

SoFi Technologies

SoFi is leveraging its increasing customers to generate higher sales and net income. Bank of America is likely to benefit from interest rate cuts in 2024.

Better Buy: SoFi Technologies vs. Bank of America Stock

Bank of America (BAC) closed the most recent trading day at $33.70, moving -0.77% from the previous trading session.

Bank of America (BAC) Stock Slides as Market Rises: Facts to Know Before You Trade

Bank of America Corporation (NYSE:BAC ) Bank of America Securities Financial Services Conference February 21, 2024 8:00 AM ET Company Participants Brian Moynihan - Chairman, CEO & President Conference Call Participants Ebrahim Poonawala - BofA Securities Ebrahim Poonawala Good morning. I guess we'll go ahead and get started.

Bank of America Corporation (BAC) Bank of America Securities Financial Services Conference (Transcript)

Starbucks

Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts.

Bank of America and Starbucks Partner on Rewards Program

Ally Financial

Nu Holdings

Bank of America is the second-largest holding in the Berkshire Hathaway portfolio. Ally is capturing a younger market that should drive higher growth in the long term.

3 No-Brainer Bank Stocks to Buy Right Now for Less Than $200

Starbucks and Bank of America began a joint rewards program on Thursday aimed at retaining tens of millions of shared customers, the companies said.

Starbucks and BofA roll out coffee and cash-back rewards

Bank of America cardholders and Starbucks Rewards members can link eligible accounts to earn 2% cash back from Bank of America and one Star per $2 spent at Starbucks CHARLOTTE, N.C. and SEATTLE , Feb. 15, 2024 /PRNewswire/ -- Today, Bank of America (NYSE: BAC) and Starbucks Coffee Company (NASDAQ: SBUX) announced a new partnership that offers millions of Bank of America cardholders and Starbucks Rewards® members in the U.S. the ability to earn even more benefits by linking accounts.

Bank of America and Starbucks Launch Loyalty Partnership

U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European lenders, a study showed on Thursday.

US banks face $35 bln hit from 'Basel Endgame', says Oliver Wyman

D.R. Horton

Globe Life Inc

Markel

Paramount Global

Sirius XM Holdings Inc

StoneCo

Warren Buffett, the celebrated investor and Chairman of Berkshire Hathaway (NYSE: BRKA, BRKB), made substantial changes to his extensive portfolio last quarter.

Here's Warren Buffett's updated portfolio

The bull case paints a dynamic picture of Bank of America, not just riding a wave of favorable economic conditions, but actively shaping its own destiny through innovation and expansion.

Bank of America (BAC) Stock Price Prediction in 2030: Bull, Base and Bear Forecasts

Banks looking to attract new customers have traditionally offered things like toasters or free checks.

Bank of America ramps up financial-wellness offerings to employees of its commercial clients

F&G Annuities & Life Inc

New Interest Crediting Strategy, Hindsight 20/20 SM , Customizes Approach for Clients with its "Best of Performance" Approach DES MOINES, Iowa , Feb. 13, 2024 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or "Company"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, has launched its first Registered Index-Linked Annuity (RILA), F&G Confidence BuilderSM. The Company's newest product addresses retirement challenges from volatility to inflation, seeking to find a balance between managing risk and long-term growth potential.

F&G Annuities & Life Launches Its First Registered Index-Linked Annuity, F&G Confidence Builder

Triumph Financial Inc

The banking system has run into a fresh crisis, leaving several bank stocks to sell. Shares of New York Community Bancorp (NYSE: NYCB ) plunged recently following a massive earnings miss and credit rating downgrade.

Exit Now! 3 Bank Stocks to Sell in February 2024

Real-time alerts offer proactive and personalized insights, helping clients know when to log in and manage their financial lives CHARLOTTE, N.C. , Feb. 12, 2024 /PRNewswire/ -- As Bank of America continues to personalize digital banking, clients are more frequently connecting with their finances digitally.

BofA Clients Had a Record 23.4 Billion Digital Interactions in 2023

The Oracle of Omaha has led his company's Class A shares to a greater than 4,760,000% aggregate return since the mid-1960s. The undeniable key to Berkshire Hathaway's ongoing outperformance is its portfolio concentration.

64% of Warren Buffett's $371 Billion Portfolio Is Invested in Just 3 Stocks

Growing list of companies adding wellness tools and resources to help employees live their best financial lives CHARLOTTE, N.C. , Feb. 8, 2024 /PRNewswire/ -- Bank of America today announced that over 450 corporate and commercial clients have enrolled in its Employee Banking & Investing (EBI) program – more than doubling the number of companies in the program from two years ago.

BofA Program Delivers Banking & Investing Benefits and Rewards to 4 Million Employees of Corporate Clients

News for Bank of America Stock (BAC)