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 beat earnings estimates in the fourth quarter, but net interest income disappointed.

Bank of America Came Up Short on a Key Revenue Driver. Should Investors be Concerned?

Apple

AbbVie

Abbott Labs

Archer-Daniels-Midland Company

Aflac

Ameriprise Financial

Amazon

Becton, Dickinson and Co.

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

General Mills

Alphabet

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 - Q4 2022 Summary

Buffett's stock picks have earned him a billions of dollars and legendary reputation — here are three you can't afford to miss.

Should You Add These Warren Buffett Stocks to Your Portfolio?

Kraft Heinz

Coca-Cola

Occidental Petroleum

These half-dozen stocks will account for the lion's share of Berkshire Hathaway's more than $6 billion in dividend income this year.

Warren Buffett Is Raking in $4.84 Billion in Annual Dividend Income From These 6 Stocks

American Express

Bank of New York Mellon

U.S. Bancorp

Even as Buffett's company Berkshire Hathaway has ventured into other sectors, it has always invested in banks.

21% of Warren Buffett's Portfolio Is Invested In Just 5 Bank Stocks

The bank beat expectations on both the top and bottom lines for the fourth quarter, but the stock has been under pressure.

After a Strong Earnings Report, Is Bank of America a Buy Now?

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

The market liked what it saw in the fourth quarter releases from JPMorgan (JPM), Bank of America (BAC), Citigroup (C), and even Wells Fargo (WFC).

Plenty of Positives in Big Bank Earnings: What's Next?

For Bank of America, the great digital shift is very much in evidence. The company's latest quarterly results showed that digital “sales” made through the company's online channels were up 22% year over year and now account for 49% of that activity.

Bank of America's Digital Sales up 22% as Mobile Users Surge

Morgan Stanley

JPMorgan Chase & Co and Bank of America Corp continued to add staff as the economy softens, even after the ranks of the five biggest U.S. lenders swelled by 100,000 since the start of 2020.

Big U.S. banks show brave face on jobs as Goldman Sachs cuts staff

Bank of America Corporation (NYSE:BAC.PK ) Q4 2022 Results Conference Call January 13, 2023 9:30 AM ET Company Participants Lee McEntire - IR Brian Moynihan - CEO Alastair Borthwick - CFO Conference Call Participants Glenn Schorr - Evercore Gerard Cassidy - RBC Mike Mayo - Wells Fargo John McDonald - Autonomous Research Erika Najarian - UBS Ken Usdin - Jefferies Matt O'Connor - Deutsche Bank Betsy Graseck - Morgan Stanley Vivek Juneja - JP Morgan Operator Good day, everyone, and welcome to today's Bank of America Earnings Announcement. At this time, all participants are in a listen-only mode.

Bank of America Corporation (BAC) Q4 2022 Earnings Call Transcript

Bank of America stock is down substantially over the past year in spite of rising interest rates. Widening yield spreads have been overshadowed by rising provisions for credit losses.

Bank of America: Rising Provisions, Widening Yields And Share Repurchases

JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. all continued hiring in the fourth quarter, while at Wells Fargo & Co., head count dropped, according to fresh figures provided by the banks on Friday.

Jobs added at Bank of America, Citi and JPMorgan but cut at Wells Fargo

Bank of America (BAC) records a rise in revenues in the fourth quarter of 2022. Higher expenses hurt results to some extent.

BofA (BAC) Q4 Earnings Beat Estimates on Solid Trading & NII

Delta Air Lines

Wall Street Kicks Off Q4 2022 Earnings Season.

Wall Street Kicks Off Q4 2022 Earnings Season

Earnings season is officially underway, with several big bank names stepping into the confessional this morning.

Options Traders Scoop Up Bank Stocks After Earnings

The CEO's statement mirrors the earnings report for JPMorgan Chase, whose economic outlook calls for "a mild recession in the central case."

Brian Moynihan says Bank of America expects 'mild recession' and is preparing for worse

Bank of America (BAC) delivered earnings and revenue surprises of 11.84% and 1.89%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Bank of America (BAC) Surpasses Q4 Earnings and Revenue Estimates

Bank of America Corporation announced an 11% year-over-year increase in its fourth-quarter 2022 revenue, net of interest expense, to $24.5 billion, while generating net income for the period of $7.1 billion, or $0.85 per diluted share, as the higher interest rate environment boosted its results.  Wall Street analysts, on average, expected Bank of America to report 4Q revenue of $24.33 billion along with 77 cents a share in earnings, according to Refinitiv.

Bank of America 4Q financial results top expectations with record profit for consumer banking segment

Investors are worried about earnings weakness in the financial sector.

This Bank Stock Trifecta Led Markets Lower Friday Morning

The bank is among those to benefit most from the Federal Reserve's string of interest-rate increases.

Bank of America Tops Estimates. Revenue Driven Up by Higher Rates.

JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo managed to beat Wall Street's reduced expectations for their fourth-quarter profits as higher interest rates boosted income from loans.

JPMorgan, Wells Fargo and Bank of America beat earnings expectations, but worries about ‘headwinds' remain

Bank of America Corp BAC, +0.26% stock rose 0.3% in premarket trades Friday after the financial firm beat its earnings and revenue targets as it benefitted from higher interest rates on its loans. Bank of America said it earned $7.1 billion, or 85 cents a share in the fourth quarter, compared to $7 billion, or 82 cents a share, in the year-ago quarter.

Bank of America revenue jumps 11% on higher net interest income

The lender's fourth-quarter profit rose to $7.1 billion, or 85 cents per share, beating analysts estimates of 77 cents.

Bank of America 4th quarter profit beats estimates, buoyed by `organic growth' and higher interest rates

Bank of America reported fourth-quarter results on Friday that topped expectations on the top and bottom lines.

Bank of America tops expectations as higher rates help offset declines in investment banking

Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest income as the U.S. Federal Reserve raised rates through most of last year.

News for Bank of America Stock (BAC)