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

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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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

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

UBS Group AG

Analysts appear to be mildly optimistic overall about the new year.

Will the Stock Market Recover in 2023? Here's What Wall Street Thinks.

Citigroup

Wells Fargo

Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be lowered significantly.

2022 Q4 Earnings Season Preview: Will Estimates Hold Their Ground?

J.P.Morgan Chase & Co., Wells Fargo Co., Citigroup Inc. and Bank of America Corp. will kick off fourth-quarter bank earnings reporting season next Friday as the banks face a choppy economic environment.

Banks gain favor in risk-off environment but earnings uncertainty remains

Amid broadly lower expectations, several bank earnings reports are being released Friday before the stock market's opening bell. The post Bank Earnings Among First Q4 Results As Profit Outlook Deteriorates appeared first on Investor's Business Daily.

Bank Earnings Among First Q4 Results As Profit Outlook Deteriorates

Apple

Pfizer

UnitedHealth Group

Verizon

Exxon Mobil

As the market continues to contend with persistent inflation, higher interest rates and the specter of a 2023 recession, stocks of even well-established companies remain at depressed prices. In other words, there are still plenty of cheap blue-chip stocks out there, many of which make for solid long-term buys.

7 Cheap Blue-Chip Stocks to Buy Before They Rebound

Deutsche Bank analyst Matt O'Connor on Friday downgraded megabank stocks Bank of America Corp. BAC, +0.76% and J.P.Morgan Chase & Co. JPM, +1.60% to hold from buy. Analysts cut the price target on Bank of America to $36 a share from $45 a share and trimmed JPMorgan's price target to $145 from $155.

Deutsche Bank cuts JPMorgan, Bank of America to hold from buy

Silvergate's stock may be vulnerable to future regulatory and legislative action stemming from the FTX blow-up, says BofA.

Silvergate extends sell-off into 2nd day as Bank of America sees 35% downside after the crypto bank disclosed huge run on deposits

Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bank of America (BAC) Reports Next Week: Wall Street Expects Earnings Growth

CHARLOTTE, N.C. , Jan. 6, 2023 /PRNewswire/ -- As previously announced, Bank of America will report its fourth-quarter 2022 financial results on Friday, January 13.

Bank of America to Report Fourth-Quarter 2022 Financial Results on January 13

Banner

Eastern Bankshares, Inc.

Regions Financial

Since the pandemic started, the banking system has been awash in deposits and excess liquidity.

Deposits Now Matter Again: 5 Bank Stocks to Buy

Advanced Micro Devices

Chevron

KB Home

NVIDIA

Charles Schwab

Today, we will look at some key earnings reports slated for January. Earnings season can inform investors of industry group health and the health of the economy and stock market.

Key EPS Themes for January

Adobe

Autodesk

Amazon

Comcast

CME Group

Salesforce

Fortinet

Alphabet

Lam Research

Masco

Microchip Technology

MarketAxess Holdings

Monolithic Power Systems

ServiceNow

Palo Alto Networks

Polaris

Teradyne

U.S. Bancorp

Workday

West Pharmaceutical Services

Western Union

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 January 2023 Heat Map

AbbVie

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Allianz SE

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

BASF SE

Bayer AG

Brookfield Renewable Partners

B&G Foods

Brookfield Infrastructure Partners L.P.

Bank of Montreal

Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment.

My Dividend Stock Portfolio: New December Record - 96 Holdings With 24 Buys, 6 Sales

Billionaire investor and Warren Buffett's trusted lieutenant Charlie Munger -run Daily Journal has filed its quarterly 13F, disclosing its investment holdings at the end of the fourth quarter.

Alibaba, BofA And More: Charlie Munger's Top Holdings At The End Of Q4

Bank of New York Mellon

Blackrock Inc

Delta Air Lines

First Republic

SYNNEX

The fourth quarter earnings season is set to start next week with many big financial organizations scheduled to report their earnings, including UnitedHealth Group, Bank of America, Citigroup, JPMorgan Chase, Wells Fargo and more.

These Are the 10 Biggest Companies Reporting Earnings in the Second Week of Jan 2023

Toronto-Dominion Bank

Taiwan Semiconductor Manufacturing

2022 was a great year for dividend growth stocks, which collectively out-performed the S&P 500. This collective out-performance might not recur in 2023--mature non-dividend tech could show some strength this year--but dividends should still out-perform unprofitable tech.

4 Dividend Growth Stocks I'm Buying In 2023

News for Bank of America Stock (BAC)