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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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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Income tax payable

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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

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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

Banc of California

Citigroup

Eastern Bankshares, Inc.

East West Bancorp

First Horizon National

F.N.B. Corp.

M&T Bank

Prosperity Bancshares

Western Alliance Bancorporation

Webster Financial

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

11 favored bank stocks that still trade at cheap valuations

Only 47% of college students feel financially prepared for the "real world" CHARLOTTE, N.C. , Sept. 26, 2024 /PRNewswire/ -- Bank of America today announced a new solution to help parents support their children as they begin their financial journeys.

From Piggy Bank to Family Banking: BofA Launches New Solution to Help Parents Raise Financially Savvy Kids

The Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period. The two companies settled separately and will pay a combined $9.3 million to resolve the claims.

SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

Bank of America Corporation (NYSE:BAC ) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks.

Bank of America Corporation (BAC) 29th Annual Financials CEO Conference (Transcript)

The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said at a conference on Wednesday.

Bank of America CFO says Fed seems to be winning inflation battle

Bank of America (BAC) concluded the recent trading session at $39.45, signifying a -1.05% move from its prior day's close.

Bank of America (BAC) Stock Declines While Market Improves: Some Information for Investors

For many Americans, online banking may be the preferred method of interacting with their bank's services, but that isn't stopping Bank of America from opening tons of new brick-and-mortar branches by the end of 2026.

Bank of America is opening 165 new branches, joins list of financial retail expansions in the age of online banking

Independent Study Proves Event is Economically Crucial for Tourism Industry, Local Businesses, and Job Growth CHICAGO , Sept. 24, 2024 /PRNewswire/ -- The Bank of America Chicago Marathon continues to generate significant impact for the Chicagoland region, with the 2023 race contributing a record-breaking $547 million to the city's economy, a 42% increase from the $386 million impact in 2022, according to an independent economic impact study conducted by Jones & Associates Economics.

Bank of America Chicago Marathon Creates Record Breaking $547 Million Impact on Chicago Economy in 2023

Bank of America will open more than 165 branches by 2026-end. The plan aligns with the company's efforts to leverage cross-selling opportunities.

BAC to Open 165 Branches by 2026-End: A Strategic Push for Growth

Goldman Sachs

JPMorgan Chase & Co

When interest rate-cutting cycles hit the stock market, investors typically assume that they will positively affect most stocks, but that's just not the case. Some could benefit, such as consumer discretionary names and others in the energy sector, considering that consumer and business activity tends to rise after cuts.

Rate Cut Shockwaves: Which Bank Stocks Will Rise or Fall?

Bank of America (BofA) plans to open dozens of branches over the next two years. Nearly 40 of those openings will happen this year, according to a Monday (Sept.

Bank of America Plans 165 Branch Openings to Serve Clients With ‘Complex Financial Needs'

Continuing its decade-long expansion, company opens first financial center in Louisville, Kentucky – with plans for five there over the next year Since 2014, BofA has invested over $5 billion in financial center expansion CHARLOTTE, N.C. , Sept. 23, 2024 /PRNewswire/ -- Over the last 10 years, Bank of America has been expanding its financial center network, opening locations nationwide in new and existing markets.

BofA to Open More Than 165 Financial Centers by End of 2026

Buffett has been dumping stocks and raising cash lately. Bank of America has been Buffett's favorite bank stock for years.

Warren Buffett Is Dumping His Bank of America Stock. Should You Follow Him?

Allstate

Broadcom

American Express

Cigna

Carlisle Companies

Cintas Corp

D.R. Horton

Dick's Sporting Goods

Comfort Systems USA

Hartford Financial Services Group

Hamilton Lane

KLA-Tencor

Eli Lilly

Monolithic Power Systems

NRG Energy

NetApp

Universal Display

PulteGroup

Tetra Tech

Wingstop

This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - September 2024

CHARLOTTE, N.C. , Sept. 20, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z (CUSIP No.

Bank of America Announces Full Redemption of Its Series Z Preferred Stock and Related Depositary Shares

Warren Buffett's conglomerate unloaded another $900 million worth of shares.

Berkshire Hathaway Sells More Bank of America Stock. Here's How Much It Has Left.

ASHEVILLE, N.C. , Sept. 19, 2024 /PRNewswire/ -- Today, Bank of America is announcing that David Dowd has been named president of Bank of America Asheville.

BofA Names David Dowd Asheville President

As the Fed cut the interest rates, banks, including BAC, C, CMA and JPM, are expected to witness a gradual turnaround in their financial performance next year.

Fed Cuts Interest Rates by 50Bps: What This Means for Bank Stocks

Bank of America (BAC) closed at $39.62 in the latest trading session, marking a +0.18% move from the prior day.

Why the Market Dipped But Bank of America (BAC) Gained Today

Apple

Mirroring Buffett's investment activity -- he's led Berkshire's Class A shares (BRK.A) to an aggregate gain of over 5,400,000% -- has been a profitable venture for over a half-century. Portfolio concentration has played a key role in Berkshire Hathaway's success.

53% of Warren Buffett's $309 Billion Portfolio Is Invested in These 3 Unstoppable Stocks

CHARLOTTE, N.C. , Sept. 17, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on September 25, 2024, all $2,000,000,000 principal amount outstanding of its 0.981% Fixed/Floating Rate Senior Notes, due September 2025 (CUSIP No.

Bank of America Announces Redemption of $2,000,000,000 0.981% Fixed/Floating Rate Senior Notes, Due September 2025

CBS and Paramount+ to Expand Weekend Coverage AUGUSTA, Ga. , Sept. 17, 2024 /PRNewswire/ -- Fred Ridley, Chairman of Augusta National Golf Club and the Masters Tournament, announced today that Bank of America will become a Champion Partner of the Masters Tournament, beginning with the 2025 Masters Tournament.

The Masters Tournament Welcomes Bank of America as Champion Partner

Renowned investor Warren Buffett, known for his long-term stock picks and strategic patience, is on a selling spree.

Warren Buffett dumps $7 billion of this stock in 2 months

Advanced Micro Devices

New Linde PLC

Bank of America, Advanced Micro Devices, Linde, Comstock and Kingsway are included in this Analyst Blog.

The Zacks Analyst Blog Bank of America, Advanced Micro Devices, Linde, Comstock and Kingsway

In the closing of the recent trading day, Bank of America (BAC) stood at $39.10, denoting a +1.16% change from the preceding trading day.

News for Bank of America Stock (BAC)