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 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

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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

Ally Financial

Citigroup

Bank stocks across the board have sold off, presenting a potentially attractive entry point. Buffett has reportedly been speaking with officials from the Biden administration about the banks.

Will Warren Buffett Buy the Dip on Bank Stocks?

SVB Financial Group

Citizens Financial Group

Huntington Bancshares

JPMorgan Chase & Co

Morgan Stanley

PNC Financial Services

Regions Financial

Toronto-Dominion Bank

Truist Financial

U.S. Bancorp

Wells Fargo

Sens. Booker and Warnock say overdraft and nonsufficient fund fees are causing hardship for Americans who relied on SVB and Signature Bank for payments.

Sens. Booker, Warnock press big bank CEOs to pause overdraft fees after SVB failure

Credit Suisse

First Republic

Signature Bank

This recent banking crisis creates earnings issues for regional banks. Regional banks should also expect heightened regulation, which could hurt profits as well.

Most Regional Banks Will Survive, but They Face Headwinds

Cisco Systems

Intel

We have been reminding everyone that we believe we are unwinding a financial euphoria episode that Charlie Munger (Trades, Portfolio) called the biggest of his career, “because of the totality of it.” In the process of its unwinding, the sins committed during the euphoria episode will have a price to pay.

Funding Unprofitable Growth

KeyCorp

Simon Property Group

Kilroy Realty

Philip Morris

The conversation surrounding which dividend stocks to buy and which to avoid centers on a wobbly economy. The failures of banks including Silvergate Capital (NYSE: SI ), Silicon Valley Bank (NASDAQ: SIVB ), and Signature Bank (NASDAQ: SBNY ) sent shockwaves rippling through the financial system.

4 Dividend Stocks to Avoid — and 3 to Buy Instead

UBS Group AG

Analyst at Bank of America Corp (NYSE:BAC) have upgraded their rating and price target on UBS after it was revealed the investment bank would be buying troubled lender Credit Suisse. The analysts upgraded their price target from ‘Neutral' to ‘Buy' and upped their price target from 21 CHF to 23 CHF.

UBS upgraded to ‘Buy' by BofA on Credit Suisse takeover

Prudential Financial

Charles Schwab

Lots of insiders are stepping into Charles Schwab following the stock's unjustified stumble. Bank of America has been upended by the fallout from the Silicon Valley Bank debacle.

Adding $500 to These 3 Stocks Would Be a Genius Move Right Now

DXC Technology

Magic Software Enterprises

The wavering market is setting up potential breakout stocks for savvy investors. The S&P 500 exchange-traded fund (NYSE: SPY ) retreated from its Feb. 2023 peak to gain only 1.98% for the year-to-date.

3 Stocks That Are Long Overdue to Take Off

Bank of America's electronic stocks desk has trading with a desk at Credit Suisse that uses computer-led strategies, "out of an abundance of caution effective today," an email seen by Reuters on Monday said.

Bank of America halts trading with Credit Suisse electronic stocks desk -email

Western Alliance Bancorporation

This is an excerpt from Tom's guest article in the InvestorPlace Digest e-letter. To sign up for this newsletter, please click here.

The 5 Things You Must Know From This Week's Banking Crisis

Goldman Sachs

Following a week of turmoil in the banking sector, stock indices managed to close the week in the green on Friday.

Banking Stocks And The Fed

Adobe

General Motors

Lennar

MGM Resorts

According to JPMorgan, “Value investing is about picking stocks based on their potential long-term value,” and “Value investors are looking to buy stocks that are overlooked by other investors.” With concerns about the economy being way overdone at this point and fears on the Street, in general, running relatively high, there are many value stocks to buy that market is vastly underestimating “potential long-term value.

7 Great Value Stocks to Buy While You Can

Banks stocks have been making headlines due to the collapse of the nation's 16th largest bank, Silicon Valley Bank and Signature Bank. Notably, the regional bank stocks have been mercilessly punished as the market adopts a "Throw the baby out with the bath water" mentality.

Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?

Financial Select Sector SPDR Fund

Warren Buffett has explained market cycles and overall sentiment views toward stocks by expressing that interest rates act as a gravitational pull affecting equities. In this sense, when interest rates increase, gravity affects stocks, thus pulling them down or making it much harder to continue an uptrend.

These Indicators Suggest Further Upside at Bank of America

The current crisis bears very little resemblance to the great financial crisis of 2008. Instead, it looks much more like the savings and loan crisis of the 1980s, which largely spared giant banks.

Why Bank of America Is A Buy In This Banking Crisis

We believe the sell-off is overdone, triggering BAC's stock declines by -15.54% at the time of writing, near its pre-pandemic levels. Anyone concerned about a spreading contagion to BAC might be well assured, with $15B of deposits flowing in recently.

Bank of America: Buy The Panic-Driven Dip

Is the financial sector a buy-low right now for opportunistic investors?

Should We Avoid Bank Stocks in 2023?

SPDR S&P Bank ETF

Invesco KBW Bank ETF

First Trust NASDAQ ABA Community Bank Index Fund

In a simple and elegant way, the large banks may have found a way to restore confidence in the U.S. banking system. In total, the banks will deposit $30 billion in First Republic, with an initial term of 120 days at prevailing market rates.

Big Banks To The Rescue

The nation's banking giants will be beneficiaries of the industry's turmoil. They have cheap stocks, and hefty dividend yields.

Banks Survived Another Week—and the Biggest Ones Look Like Winners

"I don't think this is good for America," Bill Ackman tweeted.

Bill Ackman says BofA to buy Signature Bank: ‘Don't think this is good'

Bill Ackman in a tweet on Friday said Bank of America (BAC.N) is going to acquire Signature Bank on Monday, without citing the source of information.

Bank of America said to buy Signature Bank, tweets Bill Ackman

Bank of New York Mellon

State Street

The stocks of the 11 banks that contributed $30 billion in uninsured deposits to embattled lender First Republic Bank on Thursday were all lower in premarket trade Friday, amid concerns the unprecedented action had failed to prop up the regional bank's stock. First Republic Bank stock FRC, +9.98% was down 4% premarket, after it said it would suspend its dividend to conserve cash.

Stocks of 11 banks that pumped $30 billion into First Republic Bank all lower premarket

The banking crisis is costing most S&P 500 investors serious money. Even Warren Buffett is taking his lumps.

Even Warren Buffett Loses Billions On 4 Bank Stocks

Apple

American Express

Chevron

Kraft Heinz

Coca-Cola

Occidental Petroleum

Since becoming Berkshire Hathaway CEO in 1965, Warren Buffett has doubled up the average annualized total return of the S&P 500. Portfolio concentration has been pivotal to Berkshire's steady outperformance.

94% of Warren Buffett's $321 Billion Portfolio Is Invested in Only 4 Sectors

Eleven large U.S. banks are making uninsured deposits totaling $30 billion into First Republic Bank.

News for Bank of America Stock (BAC)