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

Apple

The Oracle of Omaha has vastly outperformed the benchmark S&P 500 since he became CEO of Berkshire Hathaway in the mid-1960s. Berkshire's $342 billion portfolio owns stakes in 49 securities, but more than $180 billion of invested assets are tied up in just two stocks.

These 2 Stocks Make Up 53% of Warren Buffett's $342 Billion Portfolio

CHARLOTTE, N.C. , April 6, 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 Share or Depositary Share1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.32223 April 28 May 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,345.82967 May 31 June 15 Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,345.82967 May 31 June 15 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U $26.00 May 15 June 1 Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.3565 May 15 May 30 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.34632 May 15 May 30 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.35250 May 15 May 30 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.33470 May 1 May 22 6.000% Non-Cumulative Preferred Stock, Series GG $0.375 May 1 May 16 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ $25.625 June 1 June 20 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 June 1 June 26 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 June 1 June 20 4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 May 1 May 17 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 May 1 May 17   1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.

Bank of America Declares Preferred Stock Dividends for Second Quarter 2023

The failures of Silicon Valley Bank and Signature Bank brought the entire banking industry down in March. Two analysts lowered their price targets for the bank on threats of recession.

Why Bank of America Stock Plunged 16.6% in March

American Express

U.S. Bancorp

The regional banking crisis triggered a nearly 30% two-week crash in regional bank stocks, and all financials got hit hard. The US and global financial systems are not imploding, which means this is a great time to "be greedy when others are fearful" on top-quality banks.

Buffett Loves These 3 Banks, And So Should You

JPMorgan Chase & Co

Wells Fargo

In our 24-7 news cycle world, it's hard not to be a prisoner of the moment. It seems like every quarter; we hear the next “event” is the most important in history.

Bank Stocks Are Safe... Until They're Not

AbbVie

Abbott Labs

Archer-Daniels-Midland Company

Aflac

Ameriprise Financial

Amazon

Becton, Dickinson and Co.

Blackrock Inc

Bristol-Myers

Citigroup

Cardinal Health

Caterpillar

Cisco Systems

CVS Health

Chevron

Disney

Digital Realty Trust

Duke Energy

Emerson Electric

Enterprise Products Partners

Eaton

General Dynamics

In 2015, I started publishing updates regarding my dividend growth portfolio, and I keep doing so every quarter. This is part of being transparent with my readers, so they can see what I hold and its correlation with my writing.

My Dividend Growth Portfolio - Q1 2023 Summary

Charter Communications

Johnson & Johnson

It's a great time to be looking at undervalued Warren Buffett stocks. With inflation, geopolitical crises, and a potential recession all causing economic uncertainty, investors are seeking safe investments with a strong margin of safety.

The 3 Most Undervalued Warren Buffett Stocks to Buy in April 2023

Warren Buffett has offered mixed reviews of artificial intelligence. Berkshire Hathaway owns stock in numerous companies that heavily utilize AI.

These Stocks Are Warren Buffett's 3 Largest AI-Fueled Investments

CHARLOTTE, N.C. , April 5, 2023 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on April 25, 2023 all €2,000,000,000 principal amount outstanding of its Floating Rate Senior Notes, due April 25, 2024 (ISIN: XS1811433983; Common Code: 181143398) (the " Notes").

Bank of America Announces Redemption of €2.0 Billion of Floating Rate Senior Notes, due April 25, 2024

Biogen

Bank of New York Mellon

Comcast

CME Group

Compass Minerals

Salesforce

Corteva Inc

Domino's Pizza

Ecolab

Equifax

Etsy

Gilead Sciences

Alphabet

Harley-Davidson

Honeywell

Intercontinental Exchange

International Flavors & Fragrances

Intuit

Jack Henry & Associates

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The April 2023 Heat Map

Merck

Microsoft

NVIDIA

UnitedHealth Group

Exxon Mobil

March was a roller-coaster ride for the stock market. The market dropped early in the month following the collapse of three financial institutions (Silicon Valley Bank, Signature Bank and Credit Suisse) but gained in the second half after the government revealed measures to handle the crisis.

The 5 Best- and Worst-Performing Mega-Cap Stocks in March 2023

S&P Global

The most popular blue chips among hedge funds is a potentially useful source of investing ideas, if you also factor in valuation. Here are the 10 most popular blue-chips among hedge funds, owned by 10% to 28% of them, based on 13-F regulatory filings.

Hedge Funds Love These 6 Blue Chips, And So Will You

Citizens Financial Group

M&T Bank

PNC Financial Services

Office loans are of big concern because the shift to remote work pushed up office vacancy rates and lowered demand. Analysts say banks could experience high loss rates in their office portfolios.

Are the Largest U.S. Banks Prepared for Stress in Their Office Loan Portfolios?

The decline of the KBW Nasdaq Regional Banking index is a signal of a larger financial crisis caused by the collapse of Silicon Valley Bank. Banks are feeling the effect of a negative Treasury yield curve, causing them to tighten lending standards and reduce credit availability.

Bank of America: Buy The Market Dip (Technical Analysis)

Merrill Lynch will pay $9.5 million to settle allegations that it charged advisory clients more than $4 million in undisclosed foreign exchange fees, the Securities and Exchange Commission said Monday.

Merrill Lynch to pay $9.5 million to settle SEC disclosure charges

American Electric Power Company

Amgen

ConocoPhillips

Goldman Sachs

Medtronic

MetLife

Morgan Stanley

Pfizer

Phillips 66

Sempra Energy

There are 19 stocks on my high-yield watchlist for April 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.

High Yield Stock Watchlist: April 2023

News for Bank of America Stock (BAC)