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) Q1 2023 Earnings Call Transcript

Shares of Bank of America (NYSE: BAC ) stock opened in the green but fell lower after the bank reported its first-quarter earnings. As of publication, BAC stock made it back into the green but just barely at 0.33%.

5 Investors Betting Big on Bank of America (BAC) Stock

U.S. Bancorp

Wells Fargo

Charlie Munger (Trades, Portfolio), the renowned investor and chairman of Daily Journal Corp. ( DJCO , Financial), disclosed his California-based publishing company's first-quarter 2023 equity portfolio earlier this month.

3 Undervalued Bank Stocks in Charlie Munger's Portfolio

Despite last month's turmoil in the banking sector, Wall Street can finally exhale. This, as Bank of America (BofA) CEO Brian Moynihan told investors on the financial giant's first-quarter 2023 earnings call Tuesday (April 18) that, “every business segment performed well as we grew client relationships and accounts organically and at a strong pace.

Bank of America Says ‘All Growth' Aided by Ongoing Digitization

Johnson & Johnson

Fresh Q1 earnings reports from major household firms join housing data from last month ahead of today's open.

Housing Data Muted but Decent; JNJ and BAC Beat on Q1 Earnings

Bank of America (NYSE: BAC) has blown past analysts' expectations on top-line and bottom-line earnings, leading to a 13% year-on-year net revenue growth and a respective 15% net income growth by the same measure; earnings per share were reported at 94 cents. The push in revenue came amid growth across the bank's fixed-income trading desk offset by equities trading facing the recent volatility seen in the overall American equities market tied to rising interest rates, elevated inflation levels and a boost in recession fears.

Bank of America Beats Earnings, Renews Investor Upside Potential

Bank of America saw deposit outflows in the quarter. The bank also sold some securities and increased its cash position.

Why Bank of America's Earnings Beat Couldn't Get the Stock Moving Today

Moynihan said Bank of America's research team has been consistent in calling for a mild downturn in light of the Fed's rate hikes.

Bank of America CEO Brian Moynihan says he sees a relatively mild recession

Higher rates, decent loan demand, a rise in card income and robust trading business support BofA's (BAC) Q1 earnings. Weak IB performance, higher provisions and an increase in expenses hurt.

BofA's (BAC) Q1 Earnings Top Estimates on Solid Trading & NII

Goldman Sachs

Markets opened mixed as investors continue to wait for corporate earnings releases. Bank of America and Goldman Sachs both reported their first-quarter financial results.

Bank Stocks Raise Questions as BofA Climbs, Goldman Falls

Bank of America Corp (NYSE:BAC) has reported first-quarter earnings that beat expectations as it benefited from higher interest rates and strong growth in its loan book.  However, like many of its peers, the bank has increased provisions for credit losses due to the deteriorating economic environment.

Bank of America beats earnings consensus, sending shares higher

BoA has posted a 15% increase in profit and a 13% push in revenue, boosted by interest rates.

Bank Of America Earnings Beat Expectations, Continue Banking Bonanza Earnings Season

Cigna

CVS Health

Chevron

First Republic

Home Depot

Pfizer

Charles Schwab

UnitedHealth Group

What's worse than missing out on the five stocks driving the entire S&P 500 this year? Owning the ones that are dragging it down.

These 10 Crummy Stocks Already Cost Investors $300 Billion

Morgan Stanley

Bank earnings continue in earnest as Bank of America, as Goldman Sachs reports earnings. Morgan Stanley reports Wednesday.

Bank Of America Earnings Leap 18%; Goldman Sachs Posts Mixed Results; Morgan Stanley On Deck

Bank of America Corp. BAC, +2.88% stock rose about 3% in premarket trades after it posted stronger-than-expected first-quarter profit. Bank of America reported a 15% increase in net income to $8.2 billion, or 94 cents a share, from $7.1 billion, or 80 cents a share, in the year-ago quarter.

Bank of America stock up as it beats profit mark

Bank of America Corp's profit rose in the first quarter as it earned more from customers' interest payments while the Federal Reserve raised borrowing costs.

Bank of America profit rises as it cashes in on higher interest rates

Bank of America reported first-quarter earnings and revenue that topped expectations before the bell Tuesday.

Bank of America shares gain after first-quarter results top expectations on higher rates

Altria

Norfolk Southern

Omega Healthcare Investors

Shell PLC

Taiwan Semiconductor Manufacturing

There are plenty of risky dividend-paying stocks with company-specific issues that make them clearly dividend stocks to avoid, but there are also some names in this category where the reason to stay away is not so apparent. One such example is with shares in companies facing possible regulatory scrutiny.

7 Dividend Stocks to Sell Before They Face Regulatory Risks

CHARLOTTE, N.C. , April 18, 2023 /PRNewswire/ -- Bank of America reported its first-quarter 2023 financial results today.

Bank of America Reports First-Quarter 2023 Financial Results

Bank of America  BAC  is one of the largest financial institutions in the world with total assets of $3 trillion under management. Bank of America has four primary business segments it reports through.

Previewing Bank of America Amid a Wave of Bank Earnings

Investors want to see the bank report similar results of JPMorgan, Citigroup, and Wells Fargo.

Bank of America's Earnings to Offer Another Update on Recent Bank Turmoil

Apple

AbbVie

Bristol-Myers

Deere & Company

JPMorgan Chase & Co

Mastercard

Mercedes-Benz Group AG

Microsoft

Schwab US Dividend Equity ETF

Suncor Energy

Toronto-Dominion Bank

TotalEnergies SE

Visa

Verizon

In this article, I will show you how you could allocate $10,000 among my top 20 dividend growth and high dividend yield companies for the month of April. Due to the allocation I have chosen, that I'll discuss in this article, you would achieve a Weighted Average Dividend Yield [FWD] of 3.12% with this portfolio.

How To Allocate $10,000 Among My Top 20 Dividend Stocks Of April 2023

Citigroup

M&T Bank

PNC Financial Services

State Street

First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.

Bank earnings ‘off to a good start,' with Bank of America and Goldman Sachs on deck

Decent trading performance, rising rates and loan balance are expected to have offered support to BofA's (BAC) Q1 earnings, while weak investment banking performance might have hurt.

Decent Trading Performance to Aid BofA's (BAC) Q1 Earnings

U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation.

News for Bank of America Stock (BAC)