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

Bank of America Corp. on Monday said it would take a noncash pretax charge of about $1.6 billion in its fourth-quarter report related to the global transition away from an index used to replace the London interbank offered rate, or Libor.

Bank of America to take $1.6 billion noncash charge as it transitions away from BSBY index for lending

Alaska Air Group

Citigroup

Delta Air Lines

JPMorgan Chase & Co

KB Home

Spirit Airlines

Wells Fargo

We'll see a slow trickle of quarterly earnings reports this week until the spigot opens Friday morning with Q4 results from some of the biggest Wall Street banks.

Trading Week Backloaded with CPI, PPI, Q4 Earnings

The bank is scheduled to report fourth-quarter earnings on Friday.

Bank of America Stock Falls on $1.6 Billion Pretax Accounting Charge

Goldman Sachs

Morgan Stanley

U.S. regional banks have a tougher road to growing profits in 2024 as they face pressure to pay more to depositors versus larger peers while demand from borrowers stays subdued.

US regional bank profits to be squeezed by pressure to pay for deposits

Bank of America will take a charge of about $1.6 billion in the fourth quarter as it phases out the use of a Bloomberg interest rate benchmark.

Bank of America to take non-cash charge of $1.6 bln in Q4 after cessation of a loan index

Who likes to invest in financial stocks? Only people with a solid financial or accounting background, since they can reasonably understand the balance sheets and valuations of these stocks well enough to trade them successfully, or at least better than the average investor attempting to dabble in the sector.

Bank of America and Citigroup are banking stocks that could soar

The specter of an increase in bad debt hangs over America's largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings in the coming days, and as the Financial Times (FT) reported Monday (Jan. 8), those earnings will likely include a rise in non-performing loans.

Jump in Bad Loans Threatens Big Banks' Earnings

It has now been more than 15 years since the white heat of the global financial crisis, when Lehman Brothers, Bear Stearns, and the Royal Bank of Scotland (among others) failed. At the time, big banks deserved the tidal wave of opprobrium that came their way, and they duly accepted huge increases in capital requirements, dividend bans, and other controls on distributions and pay.

U.S. banks are gaining in Europe and their stocks are beating European and U.K. rivals

Apple

Capital One

Occidental Petroleum

Warren Buffett has absolutely crushed the benchmark S&P 500 in the return department since becoming CEO in the mid-1960s. Investors pay close attention to the Oracle of Omaha's trading activity since riding his coattails is such a profitable venture.

5 Stocks Warren Buffett Is Betting Big On for 2024

AbbVie

Ares Capital

Broadcom

Brookfield Renewable Partners

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

Conagra Brands

Crown Castle International

CVS Health

Devon Energy

Enbridge

Enterprise Products Partners

Energy Transfer LP Unit

Hormel Foods

Johnson & Johnson

Lowe's

Pfizer

Public Storage

Rithm Capital Corp

Target

T-Mobile US

Stocks from multiple sectors, including consumer goods, energy, and healthcare, made the list. Their dividend yields range from a low of 2% to a high of 9.7%.

24 Top Dividend Stocks to Buy and Hold in 2024

JPMorgan Dominates: JPMorgan outshines with exceptional growth, an 85% undervaluation, and a compelling "strong buy" rating, projecting an annual return of 44.1% with a target of $545.20 by 2028. Bank of America: A solid "buy" with a $39.41 fair price and a 20.6% projected annual return, BofA offers a reliable, albeit less aggressive, investment.

JPMorgan Vs. Bank Of America Vs. Wells Fargo

Bayer AG

Banco de Chile

British American Tobacco

ING Groep NV

Coca-Cola

Altria

Realty Income Corp

AT&T

Verizon

Zurich Insurance Group AG

High dividend yield companies are essential components within a well-balanced and diversified dividend portfolio, particularly for those seeking to generate substantial additional income via dividends. In this article, I will present 10 high dividend yield companies that are worth considering an investment in due to their attractive Valuation, high Dividend Yield, and financial health. 3 of the 10 selected picks provide investors with a Dividend Yield [FWD] above 9%: Altria (9.76%), British American Tobacco (9.55%) and Banco de Chile (9.40%).

Up To 10% Yields: My Top 10 High Dividend Yield Companies For January 2024

Ally Financial

Synchrony Financial

Several consumer lending stocks have been bright spots in the financial sector with Ally Financial (ALLY) and Synchrony Financial (SYF) standing out in particular.

Time to Buy Ally or Synchrony Financial Stock for Higher Highs?

Huntington Bancshares

JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. kick off earnings this coming Friday as Wall Street's largest banks wrap up a tough year with their fourth-quarter results.

JPMorgan, Bank of America lead earnings parade of U.S. largest banks to cap off tough year

As four major banks kick off earnings season next week, we look at three undervalued stocks that stand to benefit.

Goldman Sachs and 2 Other Bank Stocks That Could Get an Earnings Boost

In the building sector, Acuity Brands and KB Home are also on the earnings calendar along with Dow Jones stock UnitedHealth Group.

4 Top Financial Stocks, Leading Homebuilder Headline Earnings Calendar

The banking industry is getting close to turning a corner, analysts believe, and the stock market, as usual, has acted in advance by sending bank stocks soaring.

These two bank stocks shine as the industry gets closer to turning a corner

CHARLOTTE, N.C. , Jan. 5, 2024 /PRNewswire/ -- As previously announced, Bank of America will report its fourth-quarter 2023 financial results on Friday, January 12.

Bank of America to Report Fourth-Quarter 2023 Financial Results on January 12

The Bank of America Corporation (NYSE:BAC) is trading at $33.80 ahead of the earnings release in a week. The price is at par with the same period last year, considering a 1-year loss of 0.29%.

Is Bank of America Corporation (BAC) overbought?

D.R. Horton

Buffett has a long track record of beating the market. Bank of America is his favorite bank stock and should benefit from the economic recovery expected this year.

2 Fantastic Warren Buffett Stocks for 2024

Affirm

Fiserv

MercadoLibre

Nu Holdings

PayPal

Visa

In the ever-shifting terrain of the financial sector, fintech stocks have emerged as both a turbulent and transformative force. These stocks, imperative in the digital overhauling of financial systems, continue to captivate investors.

Fintech Frontiers: 7 Innovative Stocks Reshaping Finance in 2024

A 35% rally since October meant that Bank of America NYSE: BAC shares finished the year on a high after what was, at best, turning into a mediocre year before that. Shares of the Wall Street titan have been on the back foot since they peaked in February of 2022, and indeed, it was only this past October that the bears ran out of steam after a 50% slide.

Analysts expect Bank of America stock to rally 55%

Chevron

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6 Unstoppable Dividend Stocks To Buy If There Is a Market Crash

News for Bank of America Stock (BAC)