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

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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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EBITDA

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Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

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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

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apple

American Express

Chevron

Coca-Cola

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

U.S. Bancorp

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

Citigroup

Deutsche Bank

Goldman Sachs

Morgan Stanley

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

JPMorgan Chase & Co

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.

Bank of America, Citigroup, Goldman Sachs and other banks near $1 billion settlement over traders' use of banned messaging apps

Federal regulators intend to levy the fines over the alleged breach of rules that require the retention of business records.

Biggest Banks Nearing $1 Billion Settlement Over Traders' Use of WhatsApp

Grants to 53 organizations across region focus on basic needs, workforce development, and education in disadvantaged and vulnerable communities ATLANTA , Aug. 18, 2022 /PRNewswire/ -- Bank of America announced more than $1.2 million in grants to 53 Atlanta nonprofits to help drive economic opportunity for individuals and families. Grants focus on workforce development and education to help individuals chart a path to employment and better economic futures, as well as basic needs fundamental to building life-long stability.

Bank of America Awards More Than $1.2 Million to Atlanta Nonprofits

Eligible cardholders can enjoy no delivery fee from hundreds of thousands of restaurants across the country CHICAGO and CHARLOTTE, N.C. , Aug. 18, 2022 /PRNewswire/ -- Grubhub  and Bank of America today announced that eligible Bank of America cardholders can receive Grubhub+ free for one year, providing unlimited $0 delivery fees on orders of $12 or more and exclusive Perks from restaurants on Grubhub.

Grubhub and Bank of America Team Up to Offer Grubhub+ for Free to Cardholders

Wells Fargo

Since the end of June, five of the six largest U.S. banks have outperformed the S&P 500's 13% gain.

Bank Stocks Make a Comeback After Sharp Sell Off

NEW YORK — Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks.

Bank of America's overdraft fees fall 90% under new policy

Year-Over-Year Decline Fueled by Continued Enhancements to Overdraft Program, Including No-Overdraft Fee SafeBalance® Account and the Elimination of Non-Sufficient Funds Fees CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- Bank of America today announced that in June and July fees related to overdraft services for its more than 35 million Consumer checking accounts declined 90% compared to the same period in the prior year.

Bank of America Consumer Overdraft Fees Drop 90% in June and July Following Industry Leading Changes

Bank of America said on Wednesday overdraft fee revenue for June and July was down 90% from last year, as a result of lowering the fees charged to customers whose account balances go negative.

Bank of America says overdraft fee revenue fell 90% since last year

Bank of America (BAC) reported earnings 30 days ago. What's next for the stock?

Bank of America (BAC) Up 9.9% Since Last Earnings Report: Can It Continue?

Top U.S. and European banks are facing tougher times in the riskiest parts of the loan market.

Analysis-U.S., European banks could lose over $5 billion from risky buyout loans

Initiative Part of LSC / Bank of America Partnership to Enhance Skills and Job Readiness in 'New Collar' STEM Fields, with Particular Focus on Students in Low-Income Communities JERSEY CITY, N.J. , Aug. 16, 2022 /PRNewswire/ -- In the past two years, a series of massive cyberattacks has exposed the sensitive personal data of millions of Americans and cost the federal government, Fortune 500 corporations, non-governmental organizations, and other entities billions of dollars in lost revenue and productivity, while significantly disrupting the nation's food supply, oil pipeline, energy infrastructure, and other necessary operations.

Bank of America Partners with Liberty Science Center's SciTech Scity on "High Schools of the Future" Program to Prepare Students for Cybersecurity Careers

Occidental Petroleum

Prem Watsa (Trades, Portfolio), leader of Fairfax Financial Holdings Ltd. ( TSX:FFH , Financial), disclosed in a regulatory filing that its top five trades for the second quarter included new positions in Bank of America Corp. ( BAC , Financial), Occidental Petroleum Corp. ( OXY , Financial) and Intel Corp. ( INTC , Financial).

Prem Watsa Packs Into Buffett's Bank of America and Occidental

LendingClub

Inflation and rising interest rates have been holding back the market this year.

3 Stocks to Buy With Inflation Potentially Peaking

New York Times

The New York Times Co has turned to Bank of America Corp and law firm Sidley Austin LLP for advice on how to handle a potential board challenge from ValueAct Capital Management LP, according to people familiar with the matter.

News for Bank of America Stock (BAC)