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.

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

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Cost of revenue

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SG&A

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EBITDA

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Cash & equivalents

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Intangibles

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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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Program Recognizes Founder of Urban Alliance in its 25th Anniversary Year WASHINGTON, Oct. 14, 2022 /PRNewswire/ -- In a partnership with the Urban Alliance and the Smithsonian Institution, Bank of America is providing $800,000 to form an internship program designed to support youth employment and increase representation in arts and culture organizations. This program is in addition to the 500 Urban Alliance interns the bank has hosted over the past 10 years.

Urban Alliance, Smithsonian Institution and Bank of America Promote Diversity in the Arts Through Newly Announced Andrew Plepler Internship Program

JPMorgan Chase & Co

With the economy potentially headed for a recession, this could seem like an alarming statement.

Banks Are Now as Leveraged as They Were Before the Great Recession, but Don't Panic

CHARLOTTE, N.C. , Oct. 13, 2022 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:  Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.25556 October 31 November 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,011.11111 November 30 December 15 Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,011.11111 November 30 December 15 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U $26.00 November 15 December 1 Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.2371 November 15 November 28 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.23595 November 15 November 28 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.25556 November 15 November 28 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.25556 November 1 November 21 6.000% Non-Cumulative Preferred Stock, Series GG $0.375 November 1 November 16 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ $25.625 December 1 December 20 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 December 1 December 27 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 December 1 December 19 4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 November 1 November 17 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 November 1 November 17 1  Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.

Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2022

Wells Fargo

Citigroup

Large banks rallied with the broader market today.

Why Shares of Bank of America, Citigroup, and Wells Fargo Are Rising on the Eve of Earnings

Bank of America Corp (NYSE: BAC) was surging more than 7% off the open on Thursday, in tandem with the general markets, which saw the S&P 500 trading about 2.6% higher.

What To Watch On Bank Of America As The Stock Spikes In Relief

Bank of America Corp (NYSE: BAC) shares are trading near session highs Thursday afternoon, up by 5.36% to $31.46. Shares of several banks and financial services companies are trading higher as stocks rebound following weakness earlier in the session.

What's Happening With Bank Of America Stock Rebounding Higher Today? - Bank of America (NYSE:BAC)

Bank of New York Mellon

Charles Schwab

The three major U.S. equity indexes closed slightly lower on Wednesday. The Dow Jones industrials ended the day down 0.1%%, the S&P 500 closed 0.33% lower and the Nasdaq retreated 0.09%.

Earnings Previews: Bank of America, BNY Mellon, Charles Schwab

Goldman Sachs

Morgan Stanley

The financial sector reversed course to trade broadly lower Thursday, along with the broader stock market, after data showed that consumer inflation rose more than expected in September. The SPDR Financial Select Sector ETF XLF, -0.23% sank 1.8% in premarket trading, after being up about 1.3% just before the inflation data was released, as futures ES00, -1.77% for the S&P 500 SPX, -0.33% swung to a loss of 1.8% from a gain of 1.1%.

Bank stocks swing to broad losses after inflation data

Investment banking revenue has been slumping all year due to volatile market conditions.

Will Bank of America, JPMorgan Chase, and Citigroup See Investment Banking Bounce Back in Q3?

Accenture Plc

American Tower

Crown Castle International

Domino's Pizza

Generac Holdings

KeyCorp

Mid-America Apartment Communities

ServiceNow

SBA Communications

S&P Global

Stanley Black & Decker

YUM! Brands

To come up with the companies, he reviewed the S&P 500's new 52-week low list.

Jim Cramer says these 14 stocks are ‘about to pop'

Bank of America on Wednesday said 32 million customers had used its virtual assistant, which allows them to check bill payments, account balances and track spending on the mobile banking app, more than 1 billion times since its launch in 2018.

BofA's clients use virtual assistant over 1 billion times

Since launching in 2018, Erica® has helped nearly 32 million Bank of America clients manage their financial lives CHARLOTTE, N.C. , Oct. 12, 2022 /PRNewswire/ -- Erica, the most advanced and first widely available virtual financial assistant, has surpassed 1 billion interactions with Bank of America clients.

Bank of America's Erica® Tops 1 Billion Client Interactions, Now Nearly 1.5 Million Per Day

DTE Energy

Merck

NRG Energy

PepsiCo

Republic Services

Constellation Brands

Walmart

Unless you are an incredible market-timer and stock trader, making money this year has been almost impossible.

8 Goldman Sachs Conviction List Dividend Stocks May Be the Safest Q4 Plays Now

The six biggest U.S. banks are expected to have set aside nearly $5 billion in the third quarter to cover future loan losses, Wall Street analysts said, as lenders brace for a potential global recession.

U.S. banks likely set aside $5 bln in Q3 reserves as recession risks grow

75% of young investors say it's impossible to achieve above-average returns solely with traditional stocks and bonds Half of parents believe children aren't prepared to handle family money; waiting until children are in their late-20s to initiate conversations about the transfer of wealth NEW YORK , Oct. 11, 2022 /PRNewswire/ -- Bank of America today released the 2022 Bank of America Private Bank Study of Wealthy Americans, which found significant generational differences in approaches to investing, giving and wealth planning.  The findings show that the shift in influence and control over the largest share of U.S. personal wealth — $84 trillion is expected to pass primarily from the baby boomers to Gen X and millennials through 20451 — could have significant implications for families, wealth managers, charitable organizations and financial markets going forward.

Bank of America Private Bank Study Finds Younger Investors Turning to Alternatives, Sustainability and Digital Assets to Create Wealth

BofA's (BAC) Q3 earnings are likely to have gained from heightened trading activities, modest loan demand and higher interest rates. Muted IB business and rising provisions might have weighed on it.

Trading, Higher Rates to Aid BofA (BAC) Q3 Earnings, IB to Hurt

Escrow and title payments turned negative in 2022; Median mortgage payments rose 8.8% in September NEW YORK , Oct. 11, 2022 /PRNewswire/ -- The Bank of America Institute released a new publication today which shows that consumer payments continued to increase in September, but internal data adds to growing signs that the housing market is slowing down. Bank of America total payments increased 10% year over year (YoY) in September; this figure offers a holistic view of money flow and includes credit card, debit card, ACH (automated clearing house), wires, bill pay, person-to-person, cash and checks.

Consumer Payments Continued to Increase in September, finds Bank of America Data, Yet Evidence of a Housing Market Slowdown Emerges

Bank of America (BofA) has announced an expansion of its digital banking platform CashPro's Payment API capabilities, letting clients access hundreds of more payment types and the ability to bundle payments, a press release said.

Bank of America Expands CashPro API Services

Enhanced API Also Supports Bundled Payments NEW YORK , Oct. 11, 2022 /PRNewswire/ -- Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as Application Programming Interfaces (APIs) continue to transform business-to-business (B2B) and business-to-consumer (B2C) transactions given the ability of APIs to provide real-time data, reduce costs and improve operational efficiencies.

Bank of America Expands Its CashPro® Payment API Capability to Over 350 Payment Types

A factor analysis implies that Bank of America's stock isn't a risk-off favorite among investors. Valuation metrics provide little faith. A scenario analysis conveys that the stock's likely priced-in.

Bank of America: Candle In The Wind

Bank of America is one of the largest financial institutions in the USA and should benefit from increasing interest rates. That will increase the net income and increase the preferred dividend coverage ratio.

Bank of America Offers A Call Option On A Fed Pivot

Bank of America (BAC) agrees to pay $1.84 billion to resolve Ambac's claims over mortgage-backed securities, ending its last major lawsuit stemming from the 2008 financial crisis.

BofA (BAC) Agrees to Settle Mortgage Crisis Suit With Ambac

American Express

Chevron

Diageo

Coca-Cola

Mondelez

Procter & Gamble

After the stronger than expected jobs report, the next big data point will come on Thursday when the consumer price index figures for September are released.

7 Warren Buffett Dividend Stocks to Hide Out in Until the Market Finally Bottoms

Solution Supports Real-Time Transactions, Benefiting Consumers and Merchants LONDON , Oct. 10, 2022 /PRNewswire/ -- Bank of America's innovative online payment solution, Pay by Bank, is now available for euro currency payments. Delivered in conjunction with Banked Ltd.

Bank of America and UK Fintech, Banked Ltd Expand Pay by Bank to Euro Currency Payments

The market's pricing this name as if it's struggling just to survive. Big mistake.

News for Bank of America Stock (BAC)