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

Major European banks have been cutting their lending to commercial property and have half the exposure of their U.S. peers, making U.S. lenders more vulnerable as office prices plunge further, Morgan Stanley said on Tuesday.

US banks far more exposed than Europeans to property crunch, says Morgan Stanley

SPDR S&P Regional Banking ETF

New York Community Bancorp

Investors should avoid regional banking stocks with Commercial Real Estate Exposure.

Regionals in Flux: Powell's Insights & the Small Bank Challenge

$250,000 grant to bolster funding for HGTC's ongoing capital campaign for new Nursing and Health Sciences Institute MYRTLE BEACH, S.C. , March 4, 2024 /PRNewswire/ -- Horry-Georgetown Technical College (HGTC) takes a significant step forward in realizing its vision for a new, world class Nursing and Health Sciences Institute with the help of a $250,000 grant from Bank of America.

Bank of America Grant Boosts HGTC Fundraising Goal

Cigna

Domino's Pizza

Elevance Health Inc

Global Payments

Mastercard

Microchip Technology

Monolithic Power Systems

MSCI

NIKE

Old Dominion Freight Line

Rollins

Sirius XM Holdings Inc

UnitedHealth Group

Zoetis

The SPDR S&P 500 ETF Trust had a 5.22% return in February, outperforming Vanguard's Dividend Appreciation Index Fund ETF Shares.

My Top 15 High Growth Dividend Stocks For March 2024

Pfizer

AT&T

The fourth quarter (Q4) shined bright for hedge funds, marking it a standout period in the investment realm. According to a recent report released by a U.K.-based data investment business, global hedge fund returns surged 7.1% in Q4, pushing returns to 13.3% for 2023, after a slight drop of 0.1% in the third quarter (Q3).

Hot on the Hedge Funds' Trail: 3 Stocks Worth Your Bet?

Bank of America's preferred dividends are well covered despite the turmoil in 2023. The net non-interest expense category affected the bank's bottom line result in Q4 2023. The Series QQ preferred shares offer a 5.4% dividend yield, and while interesting, there are other, higher yielding, preferred shares.

Bank of America: I Chose A 6% Yielding Preferred Share Over A 5.4% Yield

Bank of America Corporation has issued two preferred stocks that have not been covered on Seeking Alpha: BAC.PR.N and BAC.PR.Q. Understanding the issuer is important when evaluating preferred stocks. A brief overview of BAC is provided. Based on the yields offered by these preferred stocks compared to what other financial institutions preferreds offer, I rate these BAC preferreds as Strong Sell candidates.

First Look At 2 Bank of America Preferred Stocks

Air Products and Chemicals

Coca-Cola European Partners plc

Comcast

Evergy Inc

Hershey

M&T Bank

NextEra Energy

Royal Bank of Canada

SPDR S&P 500 ETF Trust

Texas Instruments

Vanguard High Dividend Yield ETF

My Top 10 High Yield Dividend Stocks For March 2024

CHARLOTTE, N.C. , March 1, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 18, 2024 all JPY 58,500,000,000 principal amount outstanding of its 0.383% Fixed/Floating Rate Senior Notes, due March 18, 2025 (ISIN: XS1963075913; Common Code: 196307591) (the "Notes").

Bank of America Announces Redemption of JPY 58,500,000,000 0.383% Fixed/Floating Rate Senior Notes, due March 18, 2025

CHARLOTTE, N.C. , Feb. 29, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 15, 2024 all $2,250,000,000 principal amount outstanding of its 3.458% Fixed/Floating Rate Senior Notes, due March 2025 (CUSIP No.

Bank of America Announces Redemption of 3.458% Fixed/Floating Rate Senior Notes Due March 2025

Bank of America's Merrill Lynch has been offering spot bitcoin exchange-traded funds to eligible wealth management clients, a source familiar with the matter said on Thursday, highlighting the growing popularity of the asset class.

BofA's Merrill offering spot bitcoin ETFs to clients, source says

A surge in equity capital markets and debt market activity is boosting investment banking revenue growth at the big five Wall Street banks past analyst estimates for the first quarter, analysts at Jefferies said Thursday.

Wall Street's biggest banks are beating investment-banking revenue estimates

Community Development Banking Helps Clients, Communities Thrive Despite Challenging Economic Environment NEW YORK , Feb. 29, 2024 /PRNewswire/ -- Bank of America Community Development Banking (CDB) today announced that it provided $7.1 billion in debt and equity financing last year to help build strong communities through affordable housing and economic opportunities across the United States. This financing helped create and preserve 11,000 housing units for individuals, families, seniors, veterans, the formerly homeless and those with special needs.

BofA Delivers $7.1 Billion in Financing to Build 11,000 Housing Units

Delta Air Lines

Yesterday, we started talking about companies to watch in March 2024 which are undervalued, in our opinion, and represent significant opportunity for investors this coming month who are looking for a good deal.

Seven criminally undervalued stocks to watch in March 2024: Part two

Bank of America Corporation (BAC) UBS Financial Services Conference - Transcript

American Express

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

Home Appreciation US REIT ETF

iShares Cohen & Steers REIT ETF

Pacer Benchmark Industrial Real Estate SCTR ETF

iShares U.S. Real Estate ETF

JPMorgan Realty Income ETF

Janus Henderson U.S. Real Estate ETF

Invesco KBW Premium Yield Equity REIT ETF

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

News for Bank of America Stock (BAC)