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 Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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.

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Cost of revenue

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EBITDA

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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

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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

Wells Fargo

Major bank executives are now more united in predicting a recession next year, but the degree is uncertain.

Major US banks make job cuts in preparation for an economic downturn

One-third of Homeowners Cite Avoiding Today's High Home Prices and Interest Rates as Reasons to Remain in their Current Homes upon Retiring CHARLOTTE, N.C. , Dec. 8, 2022 /PRNewswire/ -- Gen X and Baby Boomers account for 70%[1] of the 84.7 million owner-occupied homes[2] in the United States, so their plans for homeownership in retirement can greatly impact residential home inventory.

BofA Survey: 70% of Gen X and Baby Boomers Retiring in the Home They Own

Citigroup

Piper Sandler on Thursday said it launched coverage of three large U.S. banks including an overweight rating on JPMorgan Chase & Co. JPM, -0.07% , with a price target of $150 a share, as well as neutral ratings on Bank of America Corp. BAC, -0.79% and Citigroup C, -0.69% with price targets of $36 a share and $48 a share respectively. The firm also reiterated an overweight rating on Wells Fargo & Co. WFC, -2.19%.

Piper Sandler initiates coverage of JPMorgan, Citigroup, Bank of America

Despite soft retail spending in November, holiday shopping picking up; BofA Data shows a pronounced rise in Buy Now Pay Later purchases NEW YORK , Dec. 8, 2022 /PRNewswire/ -- Bank of America Institute released a new publication today which shows that the American consumer continues to remain in good shape throughout the course of 2022 and is starting 2023 similarly. Median household savings and checking balances remain well above pre-pandemic 2019 levels across all income cohorts.

BofA Data Finds Consumers Proved Resilient in 2022 and Poised to Start 2023 in Decent Financial Shape

BAC shares have fallen 13% in December and are now at 1.55x tangible book, 10x normalized P/E and a 2.7% Dividend Yield. JPM stock is at a much higher tangible book multiple of 1.88x, while BAC has tended to trough at 1.4x since 2018, excluding March 2020.

Bank Of America: Bargain At 10x P/E After 13% Decline In December

These two leading banks will benefit from higher interest rates.

2 Bank Stocks to Buy Before the Bear Market Is Over

Imminent recession next year leads major banks to take necessary steps to maintain profitability. The development leads to bearish investor sentiments, with bank stocks ending in the red.

Bank Stocks Tumble as CEOs Warn of Looming Recession in 2023

New Jersey-Based Organizations Will Each Receive Flexible Funding and Leadership Development Training to Advance Economic Mobility TRENTON, N.J. and ASBURY PARK, N.J.

Trenton Health Team and Interfaith Neighbors Awarded Funding and Training as 2022 Bank of America Neighborhood Builders®

Bank executives see slower economic growth in the first part of 2023.

Why Bank of America Stock Was Falling Today

Shares of many of America's largest banks are falling sharply this week after a period of outperformance that saw Goldman Sachs Group GS, -2.77% claw back practically all of its losses from earlier in the year.

Bank of America stock plunges, leading selloff in shares of largest U.S. banks

Bank of America Corporation. (NYSE:BAC.PK ) Goldman Sachs 2022 US Financial Services Conference December 6, 2022 9:20 AM ET Company Participant Brian Moynihan - Chief Executive Officer Conference Call Participant Richard Ramsden - Goldman Sachs Richard Ramsden One minute if everybody could take their seats.

Bank of America Corporation. (BAC) Presents at Goldman Sachs 2022 US Financial Services Conference - (Transcript)

It its latest market and economic forecast, Bank of America warned of a collapsing U.S. labor market and a potential rise in unemployment next year.

Bank of America Warns of Labor Collapse, Stock Selloff in 2023

MarineMax

Zynex Inc

According to recent data from Bank of America's ( BAC , Financial) BofA Securities, the small-cap stocks on the Russell 2000 index are now trading at their lowest average forward price-earnings ratio since 2009. The Russell 2000 is also down 19% year to date versus the S&P 500's 16% loss.

3 Small-Cap Bargains Gurus Are Buying

CHARLOTTE, N.C. , Dec. 5, 2022 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on December 20, 2022 all $6,000,000,000 principal amount outstanding of its 3.004% Fixed/Floating Rate Senior Notes, due 2023 (CUSIP Nos.

Bank of America Announces Redemption of 3.004% Fixed/Floating Rate Senior Notes Due December 2023

Apple

American Express

Coca-Cola

Taiwan Semiconductor Manufacturing

Three of them have handily beaten the market this year.

73% of Warren Buffett's Portfolio Is in These 5 Stocks as 2022 Winds Down

Premier banks on Wall Street -- Goldman Sachs, JPMorgan, Bank of America and Citi --are weighing cutting their bonus pools by as much as 30%, according to reports.

Wall Street banks to slash bonuses as much as 30% as slowdown looms: reports

JPMorgan Chase & Co , Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%, Bloomberg Law reported on Friday, citing people with knowledge of the internal deliberations.

JPMorgan, BofA and Citi to slash banker bonuses - Bloomberg Law

Bank of America's stock (NYSE: BAC) has lost 20% YTD as compared to the 17% drop in the S&P500 index over the same period.

Is Bank Of America Stock Fairly Priced?

Realty Income Corp

In this market, investors have the opportunity to see why value stocks are so important.

3 Top Value Stocks for 2023 and Beyond

The CEO of one of the nation's largest banks is preparing for an economic downturn in 2023. But he's also hopeful that the likely recession will be brief and "mild."

Bank of America CEO says US consumers are keeping the economy afloat

Activision Blizzard

Chevron

Kraft Heinz

Moody's

Occidental Petroleum

Warren Buffett is considered the greatest long-term investor of all time. Also known as the Oracle of Omaha, Buffett still runs Berkshire Hathaway even at the age of 92.

These Are the Top 10 Holdings of Warren Buffett

The pandemic supercharged money-transfer services. Zelle recorded some 1.8 billion transactions in 2021 totaling $490 billion, more than double prepandemic levels.

JPMorgan, other banks in talks to reimburse scammed Zelle customers

CHARLOTTE, N.C. , Nov. 28, 2022 /PRNewswire/ -- Bank of America Corporation ("Bank of America") (NYSE: BAC) previously announced the commencement of 14 concurrent, but separate, offers (collectively, the "Offers") by BofA Securities, Inc. ("BofA Securities"), a wholly owned indirect subsidiary of Bank of America, to purchase for cash up to $1.5 billion in aggregate Liquidation Preference (as defined below) of outstanding Depositary Shares, representing fractional interests in 14 separate series of Bank of America preferred stock (such depositary shares, collectively, the "Depositary Shares," and such depositary shares representing a specific series of such preferred stock, a "series" of Depositary Shares), upon the terms and subject to the conditions set forth in BofA Securities' Offer to Purchase, dated November 10, 2022 (as amended, and as may be further amended or supplemented from time to time, the "Offer to Purchase") and the accompanying Letter of Transmittal (together with the Offer to Purchase, the "Offer Documents").

Bank of America Corporation Announces Hypothetical Accrued Dividends and Hypothetical Total Consideration for LIBOR Depositary Shares Sought in its Cash Tender Offers and Amendments to the Offer to Purchase

Ally Financial

Bank of New York Mellon

Celanese

General Motors

Jefferies Financial Group Inc

Kroger

Paramount Global

U.S. Bancorp

Visa

This Buffett holdings list from Kiplinger first appeared 11/15/22 online. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 11/22/22 YCharts data. 33 of 49 current Berkshire-Hathaway-owned-stocks pay dividends. As of 10/24/22, the top-ten ranged 3.28%-5.18% by annual-yield and 45 of 47 ranged -2.67% to 65.66% per broker-estimated price-target-upsides.

Buy 4 November Buffett Dividend Dogs And Watch 4 More

The Oracle of Omaha is a big believer in portfolio concentration.

News for Bank of America Stock (BAC)