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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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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Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Bank stocks are down on Thursday for the fourth straight day amid talk of higher interest rates and increased capital requirements by regulators to strengthen the banking system. Eighty-eight out of 89 components of the SPDR S&P Bank ETF KBE, -2.19% are down, while the overall index is lower by 2.4%.

Bank stocks fall again in fourth straight day of losses

Microsoft

Walmart

Global consulting firm McKinsey thinks that banking, high tech, and retail will be especially impacted by generative AI. Bank of America, Microsoft, and Walmart rank as top stocks in these industries to buy now.

$1.2 Trillion Generative AI Boom in 3 Industries: Here Are the Top Stocks to Buy

Kraft Heinz

While Warren Buffett has routinely beaten the market, that doesn't mean all of his investments have been great. Kraft Heinz and Bank of America are two of Berkshire Hathaway's top holdings, but their five-year returns lag far behind the S&P 500.

These 2 Warren Buffett Stocks Have Been Duds Over the Past 5 Years. Should You Buy Anyway?

Following the bankruptcies of SVB and First Republic, many have voiced their disdain for bank stocks ~ I believe bankruptcies spell opportunity. Bank of America struggled mightily following the 2008 financial crisis. But Brian Moynihan and Dodd-Frank are game changers. The risks need to be analyzed: Unrealized losses, fleeing deposits, and rising defaults.

Bank of America: Bankruptcies Spell Opportunity

Bank of America stock continues to struggle for upward momentum, despite trading at a pessimistic level and having a robust deposit franchise. BofA's deposit-taking capability accounts for approximately 14% of retail deposits and is growing, providing stability and visibility for the bank's lending business. The bank's debt securities portfolio is a cause for concern, but its significant undervaluation relative to its 10-year average presents an opportunity for patient investors.

Bank of America: Irrational Pessimism (Rating Downgrade)

Chevron

Coca-Cola

Warren Buffett is one of the best investors of all time. There's no denying this fact.

3 High-Yield Warren Buffett Stocks to Buy Now

Bank of America (BAC) is planning to add staff in its commercial banking unit as the unit witnesses a surge in new clients post the regional banking sector turmoil.

BofA (BAC) to Add Staff as Commercial Banking Clients Increase

Apple

Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) CEO Warren Buffett has established himself as one of the greatest investors ever. No one will dispute this fact or the idea that Warren Buffett stocks tend to get much more attention from conservative investors for various reasons.

3 Warren Buffett Stocks to Buy and Never Look Back

American Express

Occidental Petroleum

The Oracle of Omaha has led Berkshire Hathaway's Class A shares to a gain of more than 4,100,000% since he became CEO in 1965. Income stocks have been Berkshire Hathaway's unsung hero for decades.

Warren Buffett Is Raking in $5.17 Billion in Annual Dividend Income From These 7 Stocks

Bank of America Corporation trades at the yearly lows due to irrational fears over the regional banking crisis and higher deposit costs. The large bank should be able to use excess capital to return to strong shares buybacks while the stock is depressed. Bank of America stock trades below 9x EPS targets that appear very conservative, requiring significant compression in profits over the next 3 quarters.

Bank Of America: Too Depressed

Bank of America has allocated over $500 million in equity investments to fund managers led by minorities and women.

Bank of America makes $500 million equity push for minority- and women-led funds

Bank stocks have grown increasingly risky amidst a collapse in the regional banking sector. Bank of America may face lower risk of fallout, but one must wonder how long the company can continue paying next to nothing on deposit rates. The company has a strong balance sheet and is repurchasing shares.

Bank of America: A Re-Evaluation Of The Stock Amidst An Increasingly Risky Environment

Bank of America Corp said on Thursday it has committed more than $500 million in equity investments to funds led by minority and women entrepreneurs, more than doubling from its initial commitment of $200 million.

Bank of America commits $500 mln to funds led by minority and women entrepreneurs

Investments in Diverse-led Funds Result in Capital Deployed to Over 1,000 Companies Across the U.S. NEW YORK , June 15, 2023 /PRNewswire/ -- Bank of America today announced that it has committed more than $500 million in equity investments to minority- and women-led funds, more than doubling its initial $200 million commitment.   The bank has committed equity to more than 150 funds, which to date have invested in over 1,000 companies that span 40 states.

BofA Surpasses $500 Million in Equity Investments to Support Minority and Women Entrepreneurs

Bank of America Corp. BAC, Citigroup Inc. C and Wells Fargo & Co. WFC reported drops in uninsured deposits as of March 31 as part of an overall sequential decline of 7.8% or $597.49 billion in uninsured deposits by all U.S. banks as of the end of the first quarter, S&P Global Inc. said in a research note published Thursday. JPMorgan Chase & Co. JPM reported a 1.9% increase in uninsured deposits.

Banks report the largest-ever quarterly sequential drop in uninsured deposits in Q1: S&P

Prudential Financial

Public Storage

Frequent dividend payments can provide a financial cushion during your retirement years and also help with current expenses. Companies that offer dividends give shareholders more reasons to hold onto shares during good times and bad times.

The 3 Most Undervalued Dividend Stocks to Buy in June 2023

Banks are undervalued right now, but picking the winners is a challenge, given the uncertain environment. Bank exchange-traded funds, like the SPDR S&P 500 Bank ETF, offer broad exposure to the industry.

You Don't Have to Pick a Winner Among Banks. Here's Why.

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

Bank stocks moved mostly lower in mixed trading on Wednesday after the U.S. Federal Reserve left interest rates unchanged as expected, but stressed that another 50 basis points of rate hikes are on the table this year. JPMorgan Chase & Co JPM is down 0.5%, lower than is 0.2% drop prior to the Fed's move.

Bank stocks move lower after Fed eyes more rate hikes after June pause

A lot of uncertainty continues to hang over bank stocks. Analysts and investors remain divided over whether the bank failures that occurred in March and April of this year are behind us, or if there could be more trouble ahead for the sector.

3 Bank Stocks Ready for a Big Comeback

WASHINGTON , June 13, 2023 /PRNewswire/ -- A survey conducted by Georgetown University, in partnership with Bank of America, found that young adults looking to change job/fields cite paid time off (65%) and a flexible work schedule (58%) among the top benefits impacting their choice of an employer. In addition, 73% of young adults want benefits that can travel with them if they change jobs.

Georgetown University Survey Finds 65% of Young Adults Highlight Paid Time Off as the Top Benefit for Choosing an Employer

Bank of America Corporation (NYSE:BAC.PK ) Morgan Stanley US Financials, Payments and CRE Conference Call June 12, 2023 4:00 PM ET Company Participants Aron Levine - President, Preferred Banking Holly O'Neill - President, Retail Banking Conference Call Participants Betsy Graseck - Morgan Stanley Betsy Graseck Okay. Thanks everybody for joining us this afternoon.

Bank of America Corporation (BAC) Morgan Stanley US Financials, Payments and CRE Conference (Transcript)

CHARLOTTE, N.C. , June 12, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Shareor Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.125 July 1 July 31 5.875% Non-CumulativePreferred Stock, Series HH $0.3671875 July 1 July 24   Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM $21.50 July 1 July 28   4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 July 15 August 3   4.125% Non-CumulativePreferred Stock, Series PP $0.2578125 July 15 August 2 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 July 1 July 27   6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 July 1 July 27   1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Bank of America Declares Third Quarter 2023 Preferred Stock Dividends

In several notes to clients this month, Odeon Capital Group analyst Dick Bove has pointed out that Bank of America's big spending on stock buybacks over the past five years has been a waste for its shareholders, with the bank's stock price declining slightly during that period.

Bank of America execs blew $93.6 billion. Here's how they did it.

It is widely known amongst the investing community that attempting to time the markets is often a futile activity. However, when market forces align to demonstrate inevitable points at play, very seldom do investors thank their lucky stars that they did not ride the wave.

This Historical Indicator Makes Buffett's Bank Of America A Buy

AbbVie

Deere & Company

Johnson & Johnson

Kinder Morgan

Pfizer

Verizon

The market probably feels like the movie Groundhog's Day for many investors. The major indexes continue to trade within a range, which is frustrating both bulls and bears.

News for Bank of America Stock (BAC)