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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Purchase/sale of investments

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Free cash flow

Merrill Center for Family Wealth™ publishes guide to productive family conversations about money and relationships NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Nearly four in five wealthy families have had unplanned discussions about wealth with 26% later regretting it, according to a new study published by the Merrill Center for Family Wealth™, a part of Merrill Private Wealth Management. The research found 33% of families increased family conversations about wealth since the Pandemic; however, many families dive in without a plan, process, or skills to make well-intended conversations productive.

Spontaneous Family Wealth Discussions and Decisions Can Lead to Regrets, Finds Merrill Study

Best Buy

Blackrock Inc

Discover

Goldman Sachs

Morgan Stanley

Pioneer Natural Resources

Skyworks Solutions

Truist Financial

Texas Instruments

The market slide continues in October with the SPDR S&P 500 Trust ETF dropping by 2.17%, marking three consecutive months of losses for the fund. The top 10 stocks on the watchlist for November 2023 offer a 4.58% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 8.20% since its inception in November 2020.

My Top 10 High Yield Dividend Stocks For November 2023

JPMorgan Chase & Co

Bank stocks continue to be under pressure, with the shares of many lenders now at a 52-week low. The Standards and Practices (S&P) Banks Index is currently down 22% versus a year-to-date gain of 10% in the benchmark S&P 500 index.

Financial Steals: 3 Bank Stocks With Outstanding Value

Citigroup

Wells Fargo

Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before the Fed's announcement.

Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises

ConnectOne Bancorp

Fifth Third Bancorp

SPDR S&P Regional Banking ETF

New York Community Bancorp

Washington Federal

Financial Select Sector SPDR Fund

The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says

Mastercard

Paramount Global

The Oracle of Omaha has substantially outpaced the total return of the broad-based S&P 500 since becoming CEO of Berkshire Hathaway nearly six decades ago. Bargains can always be found in Berkshire Hathaway's investment portfolio.

3 Warren Buffett Stocks That Are Screaming Buys in November

Bank of America operates four key segments. Higher interest rates are having a big effect on the company.

4 Things You Need to Know if You Buy Bank of America Today

Ally Financial

American Express

Bank stocks are getting hit with concerns over rising interest rates and commercial real estate failures. Investors would be smart to look at bank stocks with stable deposit bases and minimal real estate exposure.

Bank Stocks Are Falling Again -- Should You Buy The Dip?

JPMorgan Chase & Co.'s stock JPM, -3.60% was up 0.8% in premarket trading on Monday as the stock regained its footing. On Friday, the stock fell 3.6% in its largest one-day drop since it fell by 3.8% on March 17.

JPMorgan, Bank of America stocks rise in premarket after big drops in the previous session

Ford Motor Company

As many as 120 S&P 500 stocks have tumbled by over 20% since the end of July. Investors' fears about higher interest rates and a bond-market crash have fueled the sell-off.

Ford, Bank of America, and Morgan Stanley are among the 120 S&P 500 stocks that have plunged over 20% since the end of July

Apple

Amazon

Chevron

Johnson & Johnson

Coca-Cola

Procter & Gamble

Visa

The megacap stocks in Berkshire Hathaway's portfolio include some of Buffett's largest and smallest holdings. Income, growth, and value investors can all find at least one stock to like in the group.

Nearly 70% of Warren Buffett's $326 Billion Portfolio Is Invested in These 9 Megacap Stocks

StoneCo

StoneCo is a financial services company that is increasingly popular among e-commerce and brick-and-mortar businesses throughout Brazil. Bank of America is Berkshire Hathaway's second-largest stock holding, and it's recently been beaten down to a new 52-week low.

3 Warren Buffett Stocks You Can Buy With $100 Right Now

Boston Properties

Comcast

Home Depot

McDonald's

Altria

Realty Income Corp

Philip Morris

PNC Financial Services

Phillips 66

Rio Tinto plc Sponsored

Royal Bank of Canada

Schwab US Dividend Equity ETF

Charles Schwab

Verizon

The construction of a dividend-income portfolio brings several benefits for investors, one of which is generating extra income. In today's article, I will show you how you could allocate the amount of $50,000 among 20 dividend paying companies/ETFs that I consider to be attractive right now. Due to its allocation, the portfolio reaches a Weighted Average Dividend Yield [TTM] of 3.86%, indicating that its dividend payments could help you cover your monthly expenses.

How To Build A Dividend Portfolio With $50,000 Among 20 Dividend Paying Companies/ETFs

Bank of America has been oversold indeed, with it suffering a similar ailment to C, where both stocks are notably trading below their book values. This is despite the sustained expansion in its NIY and RoTCE, implying the bank has been able to generate alpha despite the Fed's sustained rate hike thus far. For now, it appears that Mr. Market is increasingly concerned about BAC's unrealized losses, which we believe to be unwarranted since most of them belong to HTM debt securities.

Bank of America: Why So Serious? The Meltdown Is Undeserved

Banking stocks were taking a broad beating Friday, as uncertainty about the health of the economy and an apparent lack of positive catalysts give investors continued pause.

Bank of America, JPMorgan stocks drop as bank sector suffers broad beating

Four Minority-Owned Small Businesses will join the Holiday Shops at Bank of America Winter Village at Bryant Park rent-free thanks to the bank NEW YORK , Oct. 27, 2023 /PRNewswire/ -- Bank of America today announced the four New York City-based women and/or minority-owned business beneficiaries of this year's Bank of America Small Business Spotlight program at the iconic Bank of America Winter Village at Bryant Park. Each business will showcase and sell their products at a rent-free booth in the Bank of America Winter Village Holiday Shops for over two weeks each.

New York City Entrepreneurs Selected for Small Business Spotlight at Bank of America Winter Village at Bryant Park

Brookfield Infrastructure Partners L.P.

Crown Castle International

Bank of America is a bargain after its big sell-off. Brookfield Infrastructure has tremendous growth prospects with its asset rotation strategy.

3 Spectacular High-Yield Dividend Stocks Down 48% or More to Buy Right Now

Kraft Heinz

Warren Buffett is one of the most successful investors. Since launching Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) in 1965, his investment philosophy has consistently outperformed the broader market.

The 3 Most Undervalued Warren Buffett Stocks to Buy: October 2023

The Oracle of Omaha's track record since the mid-1960s -- a greater than 4,100,000% aggregate return for his company's Class A shares (BRK.A) -- speaks volumes. Portfolio concentration has played a key role in Warren Buffett's outperformance as an investor.

74% of Warren Buffett's $335 Billion Portfolio Is Invested in Just 5 Stocks

Six Nonprofit Leaders Nationwide Chosen for Advancing Opportunities DENVER , Oct. 26, 2023 /PRNewswire/ -- Cheryl Crazy Bull, President and CEO of the Denver-based American Indian College Fund, was named a Bank of America Neighborhood Builders Social Equality Awardee (NBSE). Bank of American recognized six individual leaders from across the country who serve as catalysts in advancing social equality and economic opportunity by breaking barriers and creating opportunities.

American Indian College Fund President Cheryl Crazy Bull a 2023 Bank of America Neighborhood Builders Social Equality Awardee

Bank of America is one of the "big four" banks in the US, with a wide economic moat and a diverse portfolio of financial products and services. Despite challenges in the banking industry, Bank of America has maintained strong profitability and liquidity, making it a strong buy. The bank has seen a substantial 25% YTD selloff resulting in shares becoming in my opinion materially undervalued by 52%.

Bank of America: Deep Dive And Why I Am Bullish On The Stock

Colgate-Palmolive

PepsiCo

One question always surfaces when rates go as high as they are now (which are the highest for the 30-year long bond and mortgage rates in over 20 years).

Hedge Funds Favor Bank of America and 4 More Dividend Winners as Rates Soar

Dividend growth companies can serve as an excellent vehicle for creating long-term wealth. However, it can be challenging to identify the most adequate dividend growth companies for your portfolio due to the vast array of options available. Today, I will introduce you to two dividend growth companies which I believe are currently excellent risk/reward choices and worth considering for your portfolio.

If I Could Only Buy 2 Dividend Growth Companies In October 2023

Bank stock investors are too focused on potential problems like a lending headwind and deteriorating credit quality. Fundraising, mergers, and acquisitions put on hold due to higher interest rates can't be postponed indefinitely.

The Surprising Reason 2024 Could Be Better Than Expected for Goldman Sachs and Bank of America Stocks

News for Bank of America Stock (BAC)