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

Sixth Consecutive Record Year, Doubled Financing since 2016, by Providing Innovative Affordable Housing Financing Solutions NEW YORK , Feb. 13, 2023 /PRNewswire/ -- Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments, and other real estate development solutions in 2022, surpassing a previous record of $6.7 billion in financing in 2021. In its sixth consecutive year of record growth, CDB doubled its financing since 2016.

BofA Community Development Banking Provides Record $7.85 Billion in Lending and Investing in 2022

This Increase Reverses the Trend From the end of 2022 and can be Attributed to Factors such as Income Gains, a Robust Labor Market and Post-holiday Spending NEW YORK , Feb. 10, 2023 /PRNewswire/ -- Bank of America Institute released new analysis today which shows signs of a strengthening in consumer spending at the start of 2023. BofA credit and debit card spending per household rose 5.1% year-over-year (YoY) in January, compared to 2.2% YoY in December.

BofA Data Finds that 2023 is off to a Strong Start for Consumer Spending, With Credit and Debit Card Spending Per Household up 5.1% Year-over-Year in January

Apple

American Express

BYD Co Ltd

Chevron

Kraft Heinz

Coca-Cola

Moody's

Occidental Petroleum

Taiwan Semiconductor Manufacturing

Portfolio concentration is a big reason Berkshire Hathaway has handily outperformed Wall Street for nearly 60 years.

85% of Warren Buffett's $354 Billion Portfolio Is Invested in Just 10 Stocks

Ally Financial

These dividend stocks could be excellent sources of passive income for long-term investors.

4 Warren Buffett-Approved Dividend Stocks to Buy Today

Bank of America Corp (NYSE: BAC) has been in an uptrend over the past two months but the stock is now out of any further room to the upside, says David Konrad of Keefe, Bruyette & Woods (KBW).

Analyst: Bank of America stock has rallied as much as it could for now

Shares of the largest U.S. banks have been performing well so far this year, but David Konrad of Keefe, Bruyette and Woods believes the party is over for Bank of America Corp.

Sell your Bank of America shares now, says KBW

BofA's 2022 patents granted rose to 608, 19% over 2021, in categories including artificial intelligence and machine learning, information security, and payments. The bank's total active portfolio of 5,837 patents comes from more than 6,700 inventors across 42 states and 14 countries.

Bank of America Sets Record-Breaking Year for Patents Granted in 2022

Bank of New York Mellon

DaVita

Paramount Global

When it comes to Warren Buffett stocks to buy, the quintessential purchase is Berkshire Hathaway (NYSE: BRK-B ). After all, when you buy shares in Berkshire, you not only get a bunch of great operating businesses like BNSF Railway, Geico, Berkshire Energy and so many more, but you also get an equity portfolio currently worth more than $350.5 billion.

The 7 Best Beaten-Down Warren Buffett Stocks to Buy

New loan option enables consumers to finance electric vehicles and chargers together CHARLOTTE, N.C. , Feb. 8, 2023 /PRNewswire/ -- Bank of America announced today that it will offer consumers the option of financing their residential electric vehicle chargers alongside their auto loans.

BofA to Offer Financing for Residential Electric Vehicle Chargers

New Quarterly Report on the Behaviors of Three Million 401(k) Plan Participants Finds Millennials Lead the Way in Contribution Rates CHARLOTTE, N.C. , Feb. 8, 2023 /PRNewswire/ -- Bank of America today launched the 401(k) Participant Pulse , a new quarterly report series providing timely insights into plan participants' confidence and sentiment toward retirement planning and overall financial wellness.

BofA 401(k) Participant Pulse Report Shows Volume and Dollar Amounts of 401(k) Loans and Hardship Withdrawals Decreasing

Bank of America Corp. BAC, +0.83% said in a filing late Friday that its board has approved a 6.3% cut on Chief Executive Officer Brian Moynihan's pay in 2022. Moynihan receives $30 million, compared with a 2021 total compensation of $32 million, the bank said.

Bank of America trims CEO Moynihan's pay by about 6% to $30 million

The bank's leader earned $30 million for the year, including base salary of $1.5 million.

Bank of America Cut CEO Brian Moynihan's Pay 6% in 2022

Bank of America Corp reduced compensation for Chief Executive Officer Brian Moynihan by roughly 6% to $30 million for 2022, the lender said in a filing on Friday.

BofA trims CEO Moynihan's pay to $30 mln as Wall Street curbs compensation

CHARLOTTE, N.C. , Feb. 1, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.22 per share, payable on March 31, 2023 to shareholders of record as of March 3, 2023.

Bank of America Declares First-Quarter 2023 Stock Dividends

Amazon

Johnson & Johnson

Three plain-as-day bargains are hiding in plain sight among Berkshire Hathaway's roughly four dozen holdings.

3 Warren Buffett Stocks to Buy Hand Over Fist in February

Jefferies Financial Group Inc

Louisiana-Pacific

Snowflake

SPDR S&P 500 ETF Trust

StoneCo

Berkshire Hathaway is the ultimate Warren Buffett stock. It is near an entry but is it a good buy?

The Ultimate Warren Buffett Stock Is Near A Buy Point, But Should You Buy It?

Alcoa

Amgen

Blackstone Group

Coca-Cola European Partners plc

Comcast

Delta Air Lines

Emerson Electric

Glencore PLC

Medtronic

Madison Square Garden Sports

Orange

PNC Financial Services

Porsche Automobil Holding SE

Prudential Financial

Repsol SA

Roche Holding AG

Raytheon Technologies

Sysco

Two Barron's Annual Roundtable, plus one Bloomberg Intelligence articles published late-January listed 99 intriguing stocks for 2023; 77 were unduplicated US publicly-listed companies, of which, 56 paid-dividends. Barron's two roundtable discussions January 20 and 27 split 49 picks from 9 panelists in half, whereas Bloomberg detailed all 50 in their January 16 BusinessWeek edition.

Barron's And Bloomberg 2023 Ideal Dividend Stocks Of The Year

MercadoLibre

Realty Income Corp

Here are the stocks I'm most confident will be worth a lot more in 20 years than today.

If I Could Only Own 5 Stocks, Here's What I'd Buy

Fears of net interest income peaking and delinquencies rising appear to be less of an issue for long-term holders. Investors tend to fight the last war when it comes to recessions and this often has bad consequences on returns.

Bank of America: Why Fearmongering From Latest Earnings Is Likely Exaggerated

These stocks in the Berkshire Hathaway portfolio can deliver wins for your portfolio too.

Got $1,000? 5 Buffett Stocks to Buy in 2023 and Hold Forever

Portfolio concentration has been a big key to Berkshire Hathaway's ongoing outperformance.

80% of Warren Buffett's Portfolio Is Invested in These 7 Stocks

BofA again plans to give restricted stock rewards to most of its workers, reflecting the balance big financial firms are trying to strike between restraining costs and retaining talent.

BofA's Stock Reward Reflect Financial Firms' Conundrum

British American Tobacco

Anheuser-Busch InBev

Cronos Group

Japan Tobacco Inc

Altria

Philip Morris

I've been getting reader requests lately for where to find yields better than the roughly 5% rate that cash is expected to pay in 2023. Well, here's one approach. Tobacco stocks are perennially cheap and feature hefty dividend yields.

Tobacco Trifecta: Go Where The Yields Are With Altria, Philip Morris, And British American Tobacco

Citigroup

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The macroeconomic environment in the banking segment is deteriorating as the number of overdue loans is growing, forcing banks to increase reserves and negatively affects their profit. In addition to the loan portfolio, financial conditions in general have had a negative impact on banks' balance sheets. Debt instruments are depreciating and there is cash outflow from funds.

Top 5 Banks Under Risk

News for Bank of America Stock (BAC)