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.

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Cost of revenue

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SG&A

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EBITDA

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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

Huntington Bancshares

JPMorgan Chase & Co

PNC Financial Services

Charles Schwab

Silvergate Capital Corp

Washington Federal

After a decade and a half of ultra-low interest rates, banks are finally making good money on interest income.

These 7 Seven Financial Companies Are Making Money Hand Over Fist as Interest Rates Surge

Disney

Life Storage

These stocks have been beaten down by 30% or more in the recent downturn.

3 Stocks That Could Double Even If Inflation Stays High

Chevron

Kraft Heinz

Coca-Cola

McDonald's

If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world.

5 of Warren Buffett's Top Dividend Stocks Crushed Q3 Earnings Expectations

Twitter

The CEO of Bank of America doesn't appear worried about funding Elon Musk's Twitter takeover.

'I don't lose sleep': Bank of America CEO isn't worried about financing the Twitter deal

Toronto-Dominion Bank

If you are looking to buy a bank in the face of an industry sell-off, it's probably better to focus on safety.

Better Buy: Bank of America or Toronto-Dominion Bank?

CrowdStrike

Enterprise Products Partners

Upstart Holdings

A reasonably small amount of money can go a long way when invested in game-changing companies.

Adding $200 to These 4 Stocks Would Be a Genius Move Right Now

Wells Fargo

Wells Fargo's dividend has yet to catch up to the pre-pandemic levels. It has paused its buybacks after completing those promised in 2021.

Wells Fargo Vs. Bank of America: A Look At The Busted Preferreds

Progresando Initiative Empowers Hispanic/Latina/O/X Adults to Achieve Economic and Social Mobility Through High-Impact Careers ORLANDO, Fla. , Oct. 26, 2022 /PRNewswire/ -- University of Central Florida (UCF) has been awarded a two-year $250,000 grant from Bank of America to support Hispanic/Latina/o/x students pursuing careers in health care through its Progresando Initiative.

University of Central Florida Receives Grant to Increase Hispanic/Latina/o/x Health Care Graduates, Decrease Gap in Representation

There are several Buffett stocks on sale right now, but this one looks especially interesting.

Warren Buffett Owns a Lot of Stocks: Here's the One I'm Most Excited About

American Express

Goldman Sachs

Johnson & Johnson

Lockheed Martin

Netflix

Procter & Gamble

Schlumberger

AT&T

Tractor Supply

Tesla

Big Tech firms like Alphabet, Microsoft and Apple, as well as retail giants like Coca-Cola, are all set to report earnings this week.

Jim Cramer says these 13 companies' earnings helped drive markets higher

Barclays

Morgan Stanley

Elon Musk's takeover of Twitter Inc (NYSE:TWTR), which is expected to be completed this week, could leave lenders with a debt larger than the 2008 financial crisis, according to reports. Several banks, including Barclays, Morgan Stanley, and Bank of America have agreed to provide US$12.5bn towards the US$44bn takeover cost.

Banks financing Elon Musk's Twitter takeover to hold onto debt - report

The AI Solution Is Also Now Available In Brazil, Completing Global Roll Out NEW YORK , Oct. 24, 2022 /PRNewswire/ -- Bank of America today announced that it has enhanced its accounts receivables matching solution Bank of America Intelligent Receivables™ with additional reporting and new forecasting capabilities, providing clients with insights based on historical trends and their customers' behaviors. The bank also announced that it has completed the global roll out of Intelligent Receivables with the product's launch in Brazil.

Bank of America Intelligent Receivables™ Upgraded With AR Forecasting Capabilities And Enhanced Reporting

Last Monday, we profiled Bank of America Corp (NYSE:BAC) and the earnings beat  that helped the stock gap higher by 6.1%.

Bank Stock Could Bring Early Presidents For Dividend Investors

Most stocks in most industries are currently bracing for a severe recession in 2023.

Despite the Stormy Environment, This Warren Buffett Stock Has Quite the Rosy Outlook

Citigroup

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares US Financial Services ETF

SPDR S&P Bank ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Financial Select Sector SPDR Fund

Only five out of six big U.S. banks were able to beat overall in the latest earnings season.

Financial ETFs Up on Upbeat Earnings

American Express and Bank of America said U.S. consumers have demonstrated a willingness to continue to pay higher prices.

U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants say

Apple

Occidental Petroleum

The Oracle of Omaha is a big believer that portfolio concentration drives wealth creation.

77% of Warren Buffett's $313 Billion Portfolio Is Invested in These 6 Stocks

Bank of America consumer and small business credit cardholders will automatically earn extra cash back, miles or points to kick off holiday season CHARLOTTE, N.C. , Oct. 20, 2022 /PRNewswire/ -- On Saturday, November 5 th, Bank of America will introduce its first-ever More Rewards Day  – a one-day celebration giving Bank of America consumer and small business cardholders the opportunity to earn bonus rewards for all the purchases they make with a Bank of America credit card on that day.

Bank of America Celebrates Clients with More Rewards Day on Saturday, November 5th

Interest income is higher, trading activity is strong, and these banks delivered impressive numbers in the third quarter.

3 Bank Stocks I'd Buy More of Right Now

General Mills

J.B. Hunt Transport Services

PepsiCo

United Continental Hlds

The picture emerging from the 2022 Q3 earnings season belies pre-season fears of an impending earnings cliff. The overall corporate profitability picture isn't great, but it isn't bad either.

The Earnings Picture Is Good Enough, So Far

CHARLOTTE, N.C. , Oct. 19, 2022 /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 December 30, 2022 to shareholders of record as of December 2, 2022.

Bank of America Declares Fourth-Quarter 2022 Stock Dividends

General Electric

GlaxoSmithKline

Inmode Ltd

El Pollo Loco

Splunk

I know that saying “This time could be different” is dangerous. But still, when it comes to U.S. stocks, I believe that this time could be different and that the long-awaited (by me, at least) bull market may have begun.

7 Quality Stocks Selling at a Discount as Q4 Kicks Off

Carnival

Interpublic Group of Companies

Norwegian Cruise Line

PerkinElmer

Regions Financial

Warner Bros Discovery Inc

Many S&P 500 investors are still hiding from the bear. But some are stepping in front of what they think is a moneymaking moment.

Gutsy Investors Load Up On 9 Stocks In Surprise $1.3 Trillion Rally

News for Bank of America Stock (BAC)