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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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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Intangibles

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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

Citigroup

Goldman Sachs

Morgan Stanley

Goldman Sachs, Citigroup and other financial giants have agreed to pay regulators $1.1 billion in penalties for not monitoring employees using unauthorized messaging apps, according to a press release from the Securities and Exchange Commission (SEC) on Tuesday (Sept. 27).

Goldman Sachs and 15 Financial Firms Pay $1.1B to Settle SEC WhatsApp Probe

More than a dozen financial institutions agreed to pay more than $1 billion collectively for failing to properly collect employees' text messages for their records, the Securities and Exchange Commission announced Tuesday.

Big banks to pay more than $1 billion for ‘widespread and longstanding failures' in keeping text-message records

97% of employers feel responsible for employee financial wellness, with 91% seeing higher employee satisfaction when offering resources to manage overall wellbeing CHARLOTTE, N.C. , Sept. 27, 2022 /PRNewswire/ --  Bank of America today announced findings from its 12th annual Workplace Benefits Report, "Navigating a New Era of Financial Wellness.

Bank of America Study Finds 84% of Employers Now Say Offering Financial Wellness Tools Helps Increase Employee Retention

QR Sign-In Kicks Off Next Stage of Investment for Identity and Authentication Technology NEW YORK , Sept. 26, 2022 /PRNewswire/ -- Bank of America today announced the launch of QR sign-in for CashPro, a development that makes it easier for companies to access their payments, cash management and trade finance operations.

Bank of America's CashPro® Modernizes the Sign-In Experience With Biometrics

Credit Suisse

Citrix Systems

The trouble with a recent deal for buyout debt could be an even bigger worry if more of that type of lending shifts away from banks.

Banks Could Get Nudged Out of Leveraged Lending

With rising interest rates, Bank of America has seen net interest income start to ramp up this year.

Bank of America Always Expected a Big Year From Its Loan Business. Now, It Might Be Even Better

Amazon

Riding the Oracle of Omaha's coattails has been making investors richer for decades.

3 Surefire Warren Buffett Stocks to Buy as the Market Plunges

Shares of the Bank of America Corp (NYSE: BAC) ended a bit above their year-to-date low but Gina Sanchez (Lido Advisors) remains convinced the stock will eventually benefit from higher rates. Bank of America stock is a great pick for higher rates She recommends buying Bank of America shares after the U.S.

Pro says buy Bank of America stock after Fed signalled 4.6% terminal rate

Investment banks including Bank of America Corp., Credit Suisse Group AG and Goldman Sachs Group Inc. are on track to collectively lose more than $500 million on debt backing the largest U.S. leveraged buyout of the year after it was sold to investors at a steep discount.

Citrix debt deal prices with large losses for banks

Chevron

Berkshire Hathaway's investment portfolio hasn't looked like this in a long time.

2 Things Warren Buffett Just Did for the First Time This Century

Apple

Costco

Coca-Cola

Tesla

UnitedHealth Group

Visa

This year's market selloff has been relentless and shows no signs of slowing down anytime soon. With the S&P 500 and Nasdaq indices each down 20% or more on the year and officially in a bear market, many analysts and traders are referring to this year's downturn as a “crash.

7 S&P 500 Stocks to Buy During a Stock Market Crash

BOK Financial

Huntington Bancshares

JPMorgan Chase & Co

Zions Bancorp

The current situation is like a double-edged sword for banks, including JPMorgan (JPM), Bank of America (BAC), Huntington (HBAN), BOK Financial (BOKF) & Zions (ZION), as the Fed signals more rate hikes and also projects significant economic slowdown.

What's in Store for Banks as Fed Signals More Rate Hikes, Slowdown?

PNC Financial Services

Truist Financial

U.S. Bancorp

Wells Fargo

The banking industry's top leaders face another day of hearings in Washington D.C.

Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings

Three major U.S. banks said on Wednesday they will hike their prime lending rates by 75 basis points, bringing the rates to their highest since the global financial crisis of 2008.

Big U.S. banks' prime rate soars to highest since financial crisis

Chief executive officers of the country's seven largest consumer-facing banks tackled queries on inflation, racial equality in home lending, regulatory burdens and their views on an economic slowdown as two days of public hearings on Capitol Hill got under way Wednesday.

Bank CEOs push back on capital requirements in Capitol Hill hearings

As midterms heat up, Congress is eyeing ways to hold megabanks accountable to consumers.

Jamie Dimon, Jane Fraser and Other CEOs Are Heading to Capitol Hill This Week for Their Annual Grilling

CEOs of some of the biggest banks in the country are expected to appear before the House Financial Services Committee today and the Senate Banking Committee tomorrow.

Big Bank CEOs Face Capitol Hill Grilling

Citigroup's Jane Fraser, JPMorgan's Jamie Dimon and others face two days of congressional hearings starting Wednesday.

Bank CEOs to Go Before Congress, With Economy and High Inflation in Focus

Congress will, this week, grill CEOs of top US banks, including JPMorgan Chase & Co (NYSE: JPM), Bank of America Corp (NYSE: BAC), Wells Fargo & Co (NYSE: WFC), Citigroup Inc.

Congress to grill CEOs of top US banks on the state of the economy

American Express

Time has proven quite the ally for the Oracle of Omaha.

Warren Buffett Is Sitting On $168 Billion In Unrealized Gains From These 4 Stocks

Bank of America Corp. ( BAC , Financial) is one of the most frequently traded bank stocks, with average daily volume touching 40 million shares. Due to its popularity among investors, the asset will likely trade near fair value as its liquidity dilutes price arbitrage.

Bank of America Is Overvalued

U.S. legislators will grill the bosses of the biggest U.S. consumer banks in Congress on Wednesday and Thursday on a slew of topics from the state of the economy to hot-button issues including abortion and climate.

Factbox: Meet the big bank CEOs set to be grilled by Congress

Bank of America Corporation (NYSE:BAC.PK ) BofA 27th Annual Financials CEO Conference Call September 20, 2022 8:15 AM ET Company Participants Alastair Borthwick - Chief Financial Officer Conference Call Participants Alastair Ryan - Bank of America Alastair Ryan Ladies and gentlemen, thank you for making it speedily back from lunch those of you that have so far and I guess there will be some struggles coming in. We are going to press on.

Bank of America Corporation (BAC) BofA 27th Annual Financials CEO Conference Transcript

CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol Hill this week in both the House and Senate as the fall midterm election season heats up and a stack of proposed banking bills await potential action.

Bank CEOs are heading to Capitol Hill this week for their annual grilling

The leaders of the country's seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer protection and compliance issues, enforcement actions and recidivism, and trends and developments in the industry.

News for Bank of America Stock (BAC)