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.

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

Apple

American Express

Chevron

Coca-Cola

Sometimes, learning from the best can get you in trouble.

Warren Buffett Has 74% of Berkshire Hathaway's Portfolio in Just 5 Stocks. Should You?

U.S. consumers and businesses are still in good financial shape despite high inflation and concerns about a looming recession, some of the nation's top bankers told a conference in New York on Tuesday.

U.S. bank CEOs say consumers and businesses are still in good shape

Bank of America Corp will outline flexible working standards over the next six to eight weeks that will adapt to changing conditions, Chief Executive Brian Moynihan said during a New York industry conference on Tuesday.

Bank of America will release more guidance on work from home in coming weeks -CEO

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Judgment Day has arrived over whether workers at the major Wall Street firms will heed edicts to return to the office five days a week after the Labor Day weekend.

Judgment Day on Wall Street: Banks pressure workers to return full time as summer recedes

Albemarle

CME Group

Equinix

Marathon Petroleum

Charles Schwab

T-Mobile US

Wall Street is searching for solid stocks to buy that could shield long-term portfolios from market volatility ahead of the anticipated interest rate hikes. While inflation may have peaked in July, it remains well above the Federal Reserve's (Fed) 2% target.

7 Stocks to Buy Ahead of the Next Big Rate Hikes

This mega-bank is Berkshire's second largest investment.

Warren Buffett's Top Bank Stock Is Down 32% -- Is It a Buy?

Blackstone Group

Block

These stocks are each down 27% or more from their peaks, and at these levels, they're screaming value buys for long-term investors.

3 Top Finance Stocks to Buy in September

Bunge Global SA

Merck

NRG Energy

PepsiCo

Phillips 66

Raytheon Technologies

Constellation Brands

When every rally attempt eventually fails, market veterans know that it is likely that the path of least resistance for the stock market is lower.

8 Goldman Sachs ‘Strong Buy' Dividend Stocks That Will Generate Big and Safe Passive Income

Bank of America Corp is expanding its newly formed environmental, social and corporate governance (ESG) advisory and financing solutions team with four new hires, according to an internal memo seen by Reuters.

Bank of America expands ESG team with four hires

Ambac Financial Group

Ambac Financial Group Inc. AMBC, +0.86% said Wednesday it's pleased with a decision by the Supreme Court of the State of New York's to allow its 2014 fraud lawsuit against Countrywide and Bank of America Corp. BAC, +0.56% to go forward to trial in front of a jury. The court denied Countrywide's motion for summary judgment in the case: Ambac Assurance Corp. vs.

Ambac Financial Group mortgage suit against Countrywide, Bank of America cleared to go to jury trial

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.

Incredibly, Warren Buffett Has 75% of Berkshire Hathaway in These 5 ‘Strong Buy' Dividend Stocks

Kraft Heinz

Moody's

Occidental Petroleum

U.S. Bancorp

The Oracle of Omaha isn't a big fan of diversification if you know what you're doing.

86% of Warren Buffett's Portfolio Is Invested in These 10 Stocks

The U.S. Federal Reserve (Fed) has been talking tough and taking an aggressive stance toward inflation with the goal of preventing a recession. During the Covid lockdowns, stimulus moves brought liquidity into the markets, but now that liquidity is being removed, markets are being tightened.

UBS warns the U.S. now faces a 60% chance of sinking into a recession

According to top 10 holdings statistics, a Premium feature of GuruFocus, the top 10 holdings of Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway Inc. (BRK.A)(BRK.B) had a few changes over the past several years even though the guru's top five holdings have primarily remained the same.

Celebrate Warren Buffett's Birthday With a Look at His Top 5 Holdings

New Special Purpose Credit Program offers down payment grants for SBA 504 and 7(a) commercial real estate loans for women and minority business owners in Atlanta, Chicago, Charlotte, Dallas and Los Angeles CHARLOTTE, N.C. , Aug. 30, 2022 /PRNewswire/ -- Bank of America today announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational wealth opportunities for minority and women business owners.

Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth

Progresando Initiative promotes the economic and social mobility of Hispanic adults MORRISTOWN, N.J. , Aug. 29, 2022 /PRNewswire/ -- Saint Elizabeth University (SEU) was awarded a two-year $200,000 grant from Bank of America to support Hispanic-Latino students pursuing careers in healthcare through its Progresando initiative.

Saint Elizabeth University receives grant to support Hispanic students pursuing healthcare careers

Silvergate Capital Corp

Bank stocks could be ready to pop if interest rates stay elevated.

Got $10,000? 3 Top Bank Stocks to Buy for the Long Term

During period of economic uncertainty, consumer, wealth management and business clients leverage digital platforms in record numbers CHARLOTTE, N.C. , Aug. 25, 2022 /PRNewswire/ -- Bank of America clients are increasingly relying on the company's award-winning digital solutions to manage their finances.

Bank of America Clients' 1 Billion Digital Logins in July Mark the Highest Month Ever

Bank Of America has delivered steady and impressive results for over a decade. We have no complaints about its performance, but it does deliver a rather stingy yield.

Bank Of America: Now Offering Good Income Choices

Barclays

Deutsche Bank

Wall Street banks could pay penalties of more than $1 billion over traders' adoption of private messaging apps.

Wall Street banks face more than $1 billion in fines over WhatsApp use

Innovative auto show features newest electric vehicles and in-depth discussions  on the future of EV transportation CHARLOTTE, N.C. , Aug. 24, 2022 /PRNewswire/ -- Bank of America will host its second annual virtual electric vehicle show, an online convention center experience premiering on World Electric Vehicle Day - September 9, 2022 - and featuring presentations by auto industry leaders, manufacturers, and electric vehicle experts.

Bank of America Hosts Virtual Electric Vehicle Show, Premiering September 9, 2022

BofA's well-diversified business segments help it weather a marked slowdown in non-interest income as net interest income growth continues to shine in Q2. Given our assessment of a market bottom in July, we are confident that fee income should recover subsequently. Therefore, it should support the robust growth cadence in net interest income.

Bank of America: Be Brave And Buy This Pullback Confidently

Bank of America remains one of the most asset-sensitive large banks in the country, and loan growth should drive further earnings momentum. Money center banks have been pressured by weaker capital markets (investment banking especially) and higher capital requirements, and this pressure could continue through the end of '22.

Strong Earnings Growth Should Bring Bank Of America Back Into Favor

UBS Group AG

Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 billion in regulatory fines for employees' use of unapproved messaging tools, including email and apps like WhatsApp.

Factbox-Big banks expected to rack up more than $1 billion in fines for WhatsApp use

Jefferies Financial Group Inc

Nomura Holdings

WASHINGTON — Many of Wall Street's biggest banks are nearing agreements to pay as much as $200 million each and admit that their employees' use of personal messaging apps such as WhatsApp violated regulatory requirements, according to people familiar with the matter.

News for Bank of America Stock (BAC)