Revenue segments as reported by the company.

Net interest income

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

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Year over year growth in Revenue and Operating Expenses.

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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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Speculation and misunderstanding about "hold to maturity" issues at Bank of America have led to market miscalculations and unnecessary fears. Hold-to-maturity debt securities at the bank have "disappearing" losses, creating an investment opportunity for those who understand the economics of banking. The market revalued debt securities as the outlook for Federal Reserve interest rate decreases improved, reducing paper losses and increasing investor confidence.

Bank of America: Disappearing Act

Coca-Cola

Sirius XM Holdings Inc

The Oracle of Omaha has overseen a jaw-dropping return of more than 4,700,000% for Berkshire's Class A shares (BRK.A) since becoming CEO. Berkshire's investment portfolio is packed with profitable, time-tested companies, which makes it the perfect place to search for investment ideas.

3 Warren Buffett Stocks That Are Screaming Buys in February (and Beyond)

Barclays

BNP Paribas SA

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

NatWest Group plc 

UBS Group AG

A federal appeals court on Thursday dismissed an appeal by investors who accused 10 of the world's largest banks of antitrust violations for conspiring to suppress competition in the now $26 trillion market for U.S. Treasury securities.

Big banks defeat U.S. Treasury rigging appeal

The Federal Reserve meeting on January 31 announced another decision to keep its interest rate target at 525-550 basis points (bps) or 5.25-5.50%. This was the overall expected outcome since the last meeting.

Investor Alert: Fed's hint at March interest rate sparks panic in markets

CHARLOTTE, N.C. , Jan. 31, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, payable on March 29, 2024 to shareholders of record as of March 1, 2024.

Bank of America Declares First-Quarter 2024 Stock Dividend

Apple

American Express

Chevron

Occidental Petroleum

A small handful of Berkshire's investments represent most of the company's stock holdings. The sensational six include Apple, BofA, Amex, Coca-Cola, Chevron, and Occidental Petroleum.

Warren Buffett-Led Berkshire Hathaway's $371 Billion Portfolio Owns 51 Stocks, but Over 80% Is Invested in These Sensational 6

With expectations rising for the Fed to cut rates sometime this year, banking stocks are very much back in focus. While it was looking like 2023 was going to go down as one of the poorer years in the recent past, improving inflation readings in Q4 sparked a broad rally across all equities, including banks.

3 big banking stocks that just got upgraded

Consumers are shifting their spending habits even as the economy seemingly remains strong. Bank of America's base case assumes a materially higher unemployment rate.

Bank of America Is Upbeat, but Preparing for a Worst-Case Outcome

Bank of America has been a lackluster performer for a while now. The foreseeable future looks much brighter.

2 Berkshire Hathaway Stocks to Buy Hand Over Fist, and 1 to Avoid

Financial Select Sector SPDR Fund

Morgan Stanley analyst Betsy Graseck on Tuesday upgraded Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc. and Bank of New York Mellon Corp. on optimism around pared-back capital requirements now under study by the the U.S. Federal Reserve.

Morgan Stanley upgrades Bank of America, Goldman Sachs and Citi on ‘lightened up' Basel III capital requirements

Innovations Within the CashPro® Platform Lead to Top Scores Within Digital Channels, Payments & Treasury Management Categories Company Also Receives 2023 Greenwich Excellence Awards for Digital Experience in Serving Large Corporate Clients CHARLOTTE, N.C. , Jan. 30, 2024 /PRNewswire/ -- Bank of America has received top scores in the annual Coalition Greenwich Digital Transformation Benchmarking Study in recognition of ongoing enhancement of its CashPro® platform.

BofA the Preeminent Leader in Greenwich Digital Transformation Benchmarking Study

Ally Financial

Diageo

D.R. Horton

Jefferies Financial Group Inc

Kraft Heinz

Kroger

Paramount Global

T-Mobile US

This Buffett holdings list from Kiplinger first appeared 11/14/23 on the BKH SEC Form 13F. Kiplinger, YCharts, and Dogs of the Dow all track this BKH batch. Here is your. 27 of 45 current BKH-owned stocks pay dividends. As of 1/25/24, the top-ten ranged 2.5%-4.29% by annual yield and 34 of 45 ranged -11.35% to 56.06% by broker-estimated target price upsides. Analyst-augured top-ten net gains from Buffett's January dividend dogs ranged 11.13%-22.07% from KR, KO, DEO, OXY, TMUS, BAC, DHI, C, JEF, and CVX per YCharts data.

4 Buyable Buffett Dividend Dogs In January

Bank of America is Berkshire Hathaway's second-largest holding and one of the best-run banks around. Chevron offers a high dividend yield and solid growth prospects.

3 Warren Buffett Stocks Down 20% or More to Buy and Hold

CHARLOTTE, N.C. , Jan. 26, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on February 4, 2024 all $750,000,000 principal amount outstanding of its Floating Rate Senior Notes, due February 2025 (CUSIP No.

Bank of America Announces Redemptions of Floating Rate Senior Notes Due February 2025 and 1.843% Fixed/Floating Rate Senior Notes Due February 2025

Bank of America's bonus pool for investment bankers will range from steady to 3% lower for 2023 under pressure from a slowdown in dealmaking, but star performers will get higher payouts, according to a source familiar with the matter.

Bank of America bonuses for dealmakers, traders are broadly flat -source

Toronto-Dominion Bank

Wells Fargo

Toronto-Dominion is facing regulatory scrutiny in the U.S. market, but that's left the shares attractively priced. Bank of America's yield is near its highest levels in years for those that prefer a U.S.-focused bank.

2 Bank Stocks to Buy Hand Over Fist and 1 to Avoid

Verizon

Verizon Communications is a leader in telecom with a high yield and a fairly stable business. Bank of America gives investors a great way to bet on the success of the country.

3 High-Yielding Dividend Stocks to Safely Build Your Portfolio Around

Bank of America has a tarnished history due to the financial crisis in 2008. Today, the company is fundamentally sound.

Here's Why Bank of America Is a No-Brainer Dividend Stock

The Oracle of Omaha has helped deliver a nearly 4,500,000% aggregate return for his shareholders since becoming CEO. Portfolio concentration has played a key role in Berkshire Hathaway's long-term outperformance.

83% of Warren Buffett's $365 Billion Portfolio Is Invested in Just 7 Stocks

Bank of America will give stock awards to employees who earn $500,000 or less, or about 97% of its workforce, according to a memo seen by Reuters.

Bank of America to give stock award to most employees -memo

Bank of America Corp. has issued “letter of education” messages that threaten disciplinary action against employees who choose to work from home, as the megabank puts some teeth into its return-to-office mandates.

Bank of America ‘letter of education' puts teeth into return-to-office mandate

Letters warned employees that failure to follow return-to-office expectations could lead to ‘further disciplinary action'

Bank of America sends warning letters to employees not going into offices

Its products include: condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee and other groceries.

7 Dividend Monsters That Warren Buffett Can't Get Enough Of

New Merrill Research Explores Financial Attitudes and Priorities Across Black/African American, Hispanic-Latino and LGBTQ+ Communities NEW YORK , Jan. 23, 2024 /PRNewswire/ -- Today, Merrill Wealth Management published three studies examining the financial challenges, concerns and successes of the affluent Black/African American, LGBTQ+ and Hispanic-Latino communities in the United States. "Diverse Viewpoints: Trends Reports" builds on past research and uncovers how these groups navigated a tumultuous economic environment created by the fallout of the COVID-19 pandemic and rising inflation.

Affluent Diverse Communities Report Strong Focus on Giving Back and Setting Up Future Generations

Bank of America on Tuesday announced layoffs of around 20 bankers in Asia, said three sources with knowledge of the matter, becoming the first major bank to downsize in 2024 as China and Hong Kong markets continue to underperform.

News for Bank of America Stock (BAC)