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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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

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

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

Apple

American Express

Chevron

D.R. Horton

Globe Life Inc

Coca-Cola

Markel

Occidental Petroleum

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

SoFi Technologies

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

CVS Health

AT&T

The broader indices like the S&P 500 are turning lower and the loom of a recession nears, the Fed attempts its soft landing. Therefore, it's more important than ever for investors to concentrate their holdings on undervalued stocks with strong fundamentals.

The 3 Most Undervalued Stocks With Strong Fundamentals to Buy in February 2024

Enphase Energy

Ford Motor Company

Stock markets usually climb when interest rates are cut because many businesses respond to rate declines by borrowing more in order to expand. This trend causes companies to hire more employees, driving consumer consumption, the main driver of the U.S. economy, higher.

3 Stocks to Snap Up Before Any Interest Rates Cuts

Big news dropped last week that could point to the end of widespread trouble for  bank stocks. In a surprising move, Morgan Stanley analyst Betsy Graseck upgraded all three of these bank stocks.

Bank Upgrades: 3 Names Grabbing Bullish Analyst Attention

Percentage of Plan Participants Who Increased Their 401(k) Contribution Rate Doubled in Q4 CHARLOTTE, N.C., Feb. 7, 2024 /PRNewswire/ -- Today, Bank of America Retirement and Personal Wealth Solutions, in partnership with Bank of America Institute, released its fourth quarter 2023 Participant Pulse (MAP6212241), which found that average 401(k) account balances rose 15% to $86,280 in 2023, increasing from $75,045 at the end of 2022, due to a combination of participants contributing higher amounts to their plans, and increases in the value of investments.1 Nearly 18% of 401(k) plan participants increased their contribution rates last quarter, up from just over 9% who did so in the third quarter.2 In addition, year-end 2023 Health Savings Account balances increased 11% over the prior year.3 The Pulse monitors the behavior of plan participants in Bank of America recordkeeping clients' employee benefits programs, which are comprised of more than 4 million participants as of December 31, 2023.

BofA Report Finds 401(k) Account Balances Increased by 15% in 2023, Health Savings Account Balances Increased by 11%

British American Tobacco

Boston Properties

Enterprise Products Partners

Intesa Sanpaolo SpA

Altria

Realty Income Corp

Philip Morris

U.S. Bancorp

Verizon

The annual inflation rate in the United States was 3.4% in 2023, highlighting the necessity to invest your money while safeguarding it against inflation. A balanced investment approach that blends dividend income and dividend growth offers investors multiple benefits, including protection against inflation. Today's article will focus on companies that pay an attractive Dividend Yield, while offering investors the potential to increase this amount on an annual basis.

Yields Of More Than 9%: My Top 10 High Dividend Yield Companies, February 2024

As we enter February 2024, the stock market continues to power ahead, led by Big Tech. However, pockets of overvaluation are appearing, especially with the technology sector trading at 27.5 times the next twelve-month earnings.

The 3 Most Undervalued Long-Term Stocks to Buy in February 2024

Over the last few years, Mr. Buffett has loaded the boat on Occidental Petroleum Corporation (NYSE: OXY), the second-place winner, with a reported $965,196,739 annual dividend, including the higher-yielding preferred stock.

Warren Buffett Is Collecting $1 Billion a Year in Passive Income From This Stock Alone

HF Sinclair Corp

Despite the all-time highs for the S&P 500, not all stocks are expensive.

We're Officially in a Bull Market. Here Are 2 Stocks I'm Buying Now.

Bank of America cut compensation for CEO Brian Moynihan by 3.3% to $29 million for 2023 after its annual profit fell 4%, the lender said in a filing on Friday.

Bank of America CEO Moynihan's pay falls to $29 million in 2023

Bank of New York Mellon

Coca-Cola European Partners plc

CRH PLC

EOG Resources

Evergy Inc

M&T Bank

NextEra Energy

SPDR S&P 500 ETF Trust

Texas Instruments

Vanguard High Dividend Yield ETF

WEC Energy Group

Vanguard's High Dividend Yield ETF had a modest gain of 0.75% to start 2024, while the SPDR S&P 500 ETF Trust gained 1.59%. The top 10 stocks on the watchlist for February 2024 offer a 3.55% dividend yield, more than double the S&P 500.

News for Bank of America Stock (BAC)