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 Corporation BAC gapped up almost 3% higher on Friday, in tandem with JPMorgan Chase & Co JPM and Citigroup, Inc C, which were spiking higher after reporting better-than-expected earnings.

Bank Of America Charges Higher Alongside Competitors: The Bull, Bear Case For The Stock

Soft investment banking business is likely to have had an adverse impact on BofA's (BAC) Q1 earnings. Decent trading performance, rising rates and loan balance are expected to have offered support.

Muted Investment Banking to Hurt BofA (BAC) in Q1 Earnings

Bank of New York Mellon

Goldman Sachs

In early trading on Friday, the Dow Jones industrials were up 0.11%, the S&P 500 up 0.35% and the Nasdaq 0.24% higher.

Earnings Previews: Bank of America, BNY Mellon, Goldman Sachs

Citigroup

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Markets looked ready to open lower until big banks released their latest financial results. JPMorgan Chase and Wells Fargo got strong advances in their stock prices after issuing favorable reports.

Big Bank Stocks Are Giving the Market a Boost

Apple

Bristol-Myers

Deere & Company

Mastercard

Microsoft

Charles Schwab

Taiwan Semiconductor Manufacturing

Visa

In today's article, I will present you with my top 10 dividend growth stocks to invest in for April 2023. The selected picks are all financially strong, have a relatively low Payout Ratio, an attractive Valuation and have shown significant Dividend Growth in the past years.

My Top 10 Dividend Growth Stocks To Invest In April 2023

Banco Bilbao Vizcaya Argentaria

Banco Santander

Banco Bilbao Vizcaya Argentaria , Banco Santander SA and Bank of America Corp together plan to fund Mexico's $6 billion deal to purchase power plants from Spain's Iberdrola , Bloomberg News reported on Thursday citing people familiar with the talks.

BBVA, Santander, BofA want to back Mexico's $6 bln power deal - Bloomberg News

Higher interest rates, decent loan demand and solid trading performance are expected to have aided BofA's (BAC) Q1 earnings.

Higher Rates, Loans to Support BofA's (BAC) Q1 Earnings

CVS Health

Albemarle

British American Tobacco

General Motors

Pfizer

PayPal

Typically, blue-chip stocks to buy don't attract attention for their sheer upside potential. Rather, these enterprises bank on their established businesses to provide steady rewards for their stakeholders.

7 Blue-Chip Stocks to Buy for 100% Returns

U.S. Bancorp

Bank failures have been a major topic of 2023 following the collapse of Silicon Valley Bank. This morning, Warren Buffett spoke on CNBC and answered various questions related to his stance on the banking system and bank stocks.

Is Warren Buffett Giving Up on Bank Stocks?

Higher rates, decent loan demand and solid trading performance are likely to have aided BofA's (BAC) Q1 earnings despite weakness in IB business and increase in provisions.

Rates, Trading to Aid BofA (BAC) Q1 Earnings, Provisions to Hurt

Deposits are funneling out of the banking system, and banks have had to pay up to keep them. Investors are focusing more now on credit quality.

Here's a Potential Bright Spot In Upcoming Bank Earnings Reports

Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bank of America (BAC) Reports Next Week: What to Know Ahead of the Release

The banking crisis has investors lumping some of the worst banks with the best. Both Wells Fargo and BofA have solid financial profiles and should weather this storm.

Bank of America Vs. Wells Fargo: Which Banking Stock Is The Better Buy On The Dip?

CHARLOTTE, N.C., April 11, 2023 /PRNewswire/ -- As previously announced, Bank of America will report its first-quarter 2023 financial results on Tuesday, April 18. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.

Bank of America to Report First-Quarter 2023 Financial Results on April 18

America's banking giants are expected to reveal a huge outflow of cash in the days ahead.

Big Banks Projected to Report $100 Billion in Withdrawals

Comerica

First Republic

KeyCorp

PNC Financial Services

Regions Financial

Truist Financial

Western Alliance Bancorporation

JPMorgan reports Friday, along with Wells Fargo, Citigroup and PNC Financial. Balance sheets and guidance may trump Q1 earnings.

JPMorgan Leads Bank Earnings This Week As Balance Sheets, Guidance Key

The first quarter marked a sea change for U.S. banks. Two high-profile failures of institutions with specific problems pointed to further challenges: The long period of super-easy money (which means paying next to nothing for deposits) is coming to an end, as customers shop around for higher interest rates.

These 7 tables show just how bad this ‘crisis quarter' could be for earnings of the 20 largest banks

JPMorgan Chase & Co. kicks off what could be the most closely-watched earnings reporting season in more than a decade on Friday, April 14, after the U.S. largest bank collapse since the 2008 financial crisis, sharp drops in bank stocks, and recessionary signals in the bond market rocked the sector during the quarter.

Banks on the line for deposit flows and margin pressure in Q1 updates as they reel from banking crisis

BAC share price has underperformed so far in 2023 in spite of the higher rates environment. Mr. Market is concerned about deposits outflows and repricing as well as lower rates near term.

Bank Of America: Fears Of Deposit Outflows And Lower Interest Rates Are Priced In

American Express

Coca-Cola

Berkshire Hathaway has crushed the S&P 500 in the performance column since Warren Buffett became CEO. Portfolio concentration has played a key role in Berkshire's long-term outperformance.

Warren Buffett Has Gained Over $177 Billion From Only 4 Stocks

Texas Instruments

UnitedHealth Group

How To Get All Of Your Profits From Safe Dividend Cash

Ally Financial

Electronic Arts

Roku

SoFi Technologies

We've also got a look at the latest from RH and other market news.

Bank Stocks Worth Buying

Lately, many investors have been very concerned about banks that have unrealized losses on their treasury holdings. It is true that unrealized losses on held-to-maturity securities makes "true" equity less than reported equity, but they don't mean that a given bank is going to collapse.

Bank Stocks - The Truth About Unrealized Losses

U.S. bank deposits fell for the 10th week in a row, the Fed reported Friday, Smaller financials reported a small gain. Several banks report earnings next week.

U.S. Bank Deposits Fall For 10th Straight Week As Worries Continue

Louisiana-Pacific

Warren Buffett stocks only seem to get hotter in down markets. Even though the bears may scoff, recall that after all the press, no huge crisis materialized.

News for Bank of America Stock (BAC)