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 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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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

JPMorgan Chase & Co

Wells Fargo

A slew of bank earnings from the largest financial institutions in the world were released this morning, providing insight into their Q4 and 2023 performance.

The Biggest Banks Reported Earnings Today: This One is the Clear Leader

Bank of America's digital evolution continues. The company posted December quarter results that showed digital volumes are on the upswing, as active digital users topped more than 46 million, up 4.5% from a year ago.

Bank of America: Zelle Volumes Surge 25% Year Over Year

Wells Fargo , Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their fourth-quarter earnings on Friday.

US banking giants shed over 17,000 employees in turbulent year

Goldman Sachs

Morgan Stanley

As interest rates fall, growing loans is getting more important, but also trickier.

Banks Can't Count on Loans For Growth

Improving trading numbers and marginal loan growth support BofA's (BAC) Q4 earnings, while higher funding costs, weakness in IB and rise in expenses and provisions act as headwinds.

BofA's (BAC) Q4 Earnings Beat, Weakness in NII & IB Hurts

The bank earnings floodgates have opened, and Bank of America Corp  (NYSE:BAC) is among the first to report results.

Bank of America Stock Lower on Revenue Miss

The headline numbers for Bank of America (BAC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bank of America (BAC) Reports Q4 Earnings: What Key Metrics Have to Say

Bank of America Corporation (BAC) has released its Q4 earnings report, revealing a mixed performance that defies Wall Street expectations. The financial giant posted adjusted earnings per share (EPS) of $0.70, beating the analyst estimate of $0.64.

Bank of America (BAC) beats Q4 earnings estimates despite income setbacks

The country's largest lenders showed signs that a boost from high Federal Reserve interest rates that had allowed them to make more on lending may be fading.

Big U.S. bank profits fall on insurance fund charges, falling lending margins

Bank of America (BAC) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.85 per share a year ago.

Bank of America (BAC) Surpasses Q4 Earnings Estimates

Bank of America Corp (NYSE:BAC) shares fell in Friday pre-market trading after it reported a decline in fourth-quarter revenue and earnings. The banking group posted revenue of $22 billion for the quarter to end December 2023, down 10% from a year earlier.

Bank of America shares fall on 4Q revenue and earnings decline

The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.

Bank of America profit falls on $3.7B in charges

Bank of America's fourth-quarter profit shrank as the lender took $3.7 billion in combined charges to refill a government deposit insurance fund and phase out a loan index.

Bank of America profit falls on $3.7 billion in charges

Bank of America Corp.'s stock BAC, -1.34% fell 3% early Friday, after the bank posted a steep decline in quarterly profit from a year ago and revenue that fell short of estimates. The Charlotte, N.C.

Bank of America's stock slides 3% premarket after revenue miss offsets better-than-expected profit

Bank of America's fourth-quarter profit shrank as the lender took $2.1 billion in charges to refill a government deposit insurance fund

Bank of America profit falls

Bank of America shares fell about 2% in premarketing trading on Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.

Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge

CHARLOTTE, N.C. , Jan. 12, 2024 /PRNewswire/ -- Bank of America reported its fourth-quarter 2023 financial results today.

Bank of America Reports Fourth-Quarter 2023 Financial Results

Ally Financial

Ally stock is gaining customers that should provide it with years of further growth. Bank of America is Warren Buffett's favorite bank stock.

2 Incredibly Cheap Bank Stocks to Buy Now

Apple

American Express

Coca-Cola

The Oracle of Omaha has been delivering outsized returns for Berkshire Hathaway's shareholders since becoming CEO nearly six decades ago. Portfolio concentration has been a key factor that's propelled Berkshire's outperformance.

71% of Warren Buffett's $358 Billion Portfolio Is Invested in Only 4 Stocks

Delta Air Lines

UnitedHealth Group

We turn our attention to Q4 earnings season, which picks up steam Friday morning before the opening bell.

Q4 Earnings from Wall Street On Deck: JPMorgan, Citi, BofA and Wells Fargo

Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season.

Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs

Core CPI year over year of +3.9% is the first sub-4% print since May 2021.

CPI Warmer than Expected; Jobless Claims Stay Low

Chevron

The company's products and services also comprise: Merchant acquisition and processing Servicing and settlement Point-of-sale marketing Information products and services for merchants Fraud prevention services and the design and operation of customer loyalty programs Berkshire Hathaway owns 151,610,700 shares, which is 20.8 % of American Express's float, and 8% of the portfolio.

5 Blue Chip Dividend Stocks Make Up a Massive 75% of Warren Buffett's Portfolio

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

How Will Bank ETFs Perform in Light of Q4 Earnings?

Berkshire Hathaway's trading history with Bank of America stock has been unusual, but it has yielded fantastic results. Coca-Cola could be the dividend stock to quench investors' thirst for passive income.

News for Bank of America Stock (BAC)