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 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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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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Cost of revenue

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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 New York Mellon

BOK Financial

Commerce Bancshares

Cullen/Frost Bankers

Goldman Sachs

SPDR S&P Bank ETF

Invesco KBW Bank ETF

Invesco KBW Regional Banking ETF

SPDR S&P Regional Banking ETF

M&T Bank

Northern Trust

State Street

Truist Financial

U.S. Bancorp

U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered debt ratings on several small and midsize banks.

Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector

Morgan Stanley

Webster Financial

Wells Fargo

US banking shares prices tumbled on Tuesday as credit ratings agency Moody's cut the credit ratings of a number of small and mid-sized lenders and placed several big Wall Street names on negative review.  The credit ratings agency downgraded the ratings of 10 banks by one rung, while major lenders Bank of New York Mellon, US Bancorp, State Street, Truist Financial, Cullen/Frost Bankers and Northern Trust are now under review for a potential downgrade.

US banks head south rattled by Moody's downgrades

Citigroup

JPMorgan Chase & Co

Bank stocks are falling on Tuesday and investors can look to Moody's lowering credit ratings as the reason for the decline. The credit rating business started off the bad news for bank stocks by cutting credit ratings for 10 banks.

Why Are Bank Stocks Down Today?

Brown & Brown

Charles Schwab

After the year-to-date rally, the overall market is approaching overvalued territory. However, the financial sector offers value after a disappointing first half.

The 3 Best Financial Stocks to Buy in August

Synchrony Financial

Bank of America is benefiting from a robust U.S. economy. Synchrony Financial is the lender behind many branded cards issued by popular American retailers and other businesses.

Are These 2 Bank Stocks Screaming Buys After Their Dividend Raises?

Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.

Moody's warns it could cut credit ratings of 6 big US banks

Newly Expanded Participant Pulse Report Also Finds Health Savings Account Balances Up Nearly 12% This Year CHARLOTTE, N.C. , Aug. 8, 2023 /PRNewswire/ -- Today, Bank of America released its Q2 2023 Participant Pulse, which found average 401(k) balances increased by $7,250 (9.6%) since the end of 2022.

BofA Report Finds Average 401(k) Balances Up Nearly 10% in 2023; More Participants Taking Hardship Withdrawals

Shares of U.S. banks fell in premarket trading on Tuesday after Moody's downgrade of 10 mid-sized lenders reignited investor concerns about challenges facing the banking industry.

US bank stocks drop after Moody's downgrade

CHARLOTTE, N.C. , Aug. 7, 2023 /PRNewswire/ -- Bank of America Corporation today announced a corrected dividend amount on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U, originally announced on July 14, 2023.

Bank of America Announces Dividend Correction on Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U

First Republic

Wall Street titans are expected to pay a multi-billion dollar price for the spring's banking chaos.  JPMorgan, BofA, and Wells Fargo are among those refilling the FDIC's deposit insurance fund.

JPMorgan, Bank of America and 4 other Wall Street titans are set to pay $8.9 billion after this spring's banking fiasco

Now that regulators in Washington have unfurled a hefty reform package of post-financial crisis capital regulations, banking industry advisers are honing in on what they consider most disruptive, including risk management requirements that could affect real estate lending, consumer credit and wealth management.

US banking starts to pick its battles against new capital rules

Buffett's second-biggest position isn't a stock. Close to $104 billion of Berkshire Hathaway's money is in a safe investment with attractive yields.

Why I Just Loaded Up on Warren Buffett's Second-Biggest Holding

Deutsche Bank

Bank of America Corp.'s investment bank BofA Securities remained the top corporate debt issuer in 2023 as of Aug. 1, while Wells Fargo Securities LLC has bumped JPMorgan Chase & Co. for the No. 2 slot, according to S&P Global Market Intelligence data.

BofA holds No. 1 position in corporate bond underwriting, with Wells Fargo moving up to No.

American Airlines

Advanced Micro Devices

Intel

Coca-Cola

Microsoft

Molson Coors Brewing

Second-quarter results across have been a mixed bag, but generally positive. So far, 80% of companies listed in the S&P 500 index have reported better-than-expected earnings, according to data tracked by FactSet.

7 Stocks to Snag After Smashing Q2 Earnings

Citizens Financial Group

Comerica

First Horizon National

Fifth Third Bancorp

Huntington Bancshares

KeyCorp

New York Community Bancorp

PNC Financial Services

Regions Financial

Western Alliance Bancorporation

Zions Bancorp

Bank fundamentals were challenged but results were better than worst-case fears as higher interest rates boosted bank loan yields, Jefferies analyst Ken Usdin said Thursday in the firm's summary of second-quarter profits for the 36 large and mid-sized banks in its coverage universe.

JPMorgan, Goldman and Morgan Stanley win praise in Jefferies Q2 bank earnings wrap

Best Buy

Bank of Montreal

Pioneer Natural Resources

SPDR S&P 500 ETF Trust

Texas Instruments

Vanguard High Dividend Yield ETF

Verizon

The strong equity market continued in July, with impressive gains for the SPDR S&P Trust ETF, Vanguard's High Dividend Yield ETF, and my watchlist. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.22% since its inception in November 2020. The list from July posted a solid gain of 6.11%, outpacing both VYM and SPY.

My Top 10 High Yield Dividend Stocks For August 2023

SoFi Technologies

Financial stocks haven't enjoyed the same rally as tech stocks in 2023. Rising interest rates, a weakened consumer, and worries about a chain reaction of regional bank collapses contributed to these stocks falling behind.

3 Bank Stocks That Are a Steal on the Heels of the Banking Crisis

Wells Fargo & Co. WFC, -1.54% said it will pay up to $1.8 billion to the Federal Deposit Insurance Co.'s deposit insurance fund as part of the government's special assessment following the regional-bank crisis earlier this year. Wells Fargo said it will expense the entire amount upon the FDIC's finalization of the rule.

Wells Fargo, Bank of America to pay FDIC up to $3.7 billion combined for bank failure special assessment

Amazon

Mirroring the Oracle of Omaha's buying and selling activity has been a profitable venture for more than a half-century. Two well-known Buffett stocks are historically cheap and possess the catalysts necessary to make their patient shareholders richer.

2 Warren Buffett Stocks That Are Screaming Buys in August and 1 to Avoid

Bank of America is utilizing artificial intelligence through its virtual assistant Erica to streamline customers' interactions with the bank while helping to keep expenses in check.

Bank of America CEO: AI helping cut call times, branch visits

Apple

Buffett focuses on high-quality stocks with strong moats and attractive valuations. Only two companies account for over half of Berkshire Hathaway's investment portfolio.

55% of Warren Buffett's $382 Billion Portfolio Is Invested in These 2 Stocks

Bank of American Chairman and CEO exclusively tells FOX Business that China's "big, growing" banks and economy is one of the U.S. economy's biggest threats.

Bank of America CEO says China is ‘one of the great risks' to the economy

American Express

Warren Buffett has led Berkshire Hathaway's Class A shares (BRK.A) to a greater-than-4,200,000% return in under six decades. The Oracle of Omaha believes diversification is only necessary if you don't know what you're doing.

69% of Warren Buffett's $378 Billion Portfolio Is Invested in Just 4 Stocks

News for Bank of America Stock (BAC)