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 2023

Earnings data Q2 2023

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Earnings data Q1 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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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

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Book value per share

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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

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Net change in cash

Free cash flow

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

American Express

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.

Bank of America (BAC) Beats Stock Market Upswing: What Investors Need to Know

Bank of America has hired Citigroup's Chief Accounting Officer Johnbull Okpara to act in the same position, the Financial Times reported on Monday.

BofA hires Citi's Chief Accounting Officer Okpara, FT reports

CHARLOTTE, N.C. , Sept. 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on October 1, 2024, all $1,750,000,000 principal amount outstanding of its 3.093% Fixed/Floating Rate Senior Notes, due October 2025 (CUSIP No.

Bank of America Announces Redemption of $1,750,000,000 3.093% Fixed/Floating Rate Senior Notes, Due October 2025

Bank of America named co-leaders for the initiative on increased connectivity between its investment bank and wealth management units, according to an internal memo seen by Reuters on Monday.

Bank of America names co-leaders for initiative linking investment bank, wealth units

Buffett has been selling BofA stock and pocketing some nice gains. It's hard to know exactly his thought process in regards to the sales.

Warren Buffett Has Been Selling Bank of America Stock. Here's Why You Can Still Buy It.

Avangrid

Franklin Resources

Citizens Financial Group

Estee Lauder

Eversource Energy

Hasbro

Hormel Foods

Intel

Interpublic Group of Companies

Kraft Heinz

MetLife

Merck

NextEra Energy

Regions Financial

Target

Calvert Research and Management evaluated 1,000 large companies on 230 ESG indicators to rank the top 100 most sustainable companies for Barron's annual list. Nine dividend-paying ESG companies, including NextEra Energy and Franklin Resources, offer dividends exceeding their share prices, signaling potential buy opportunities. Analysts predict net gains of 13.52% to 39.01% for the top ten ESG stocks by September 2025, with Intel and Estee Lauder among the top gainers.

Buy 9 Sustainable Dividend Dogs From Barron's August 100

Berkshire has held some stocks for decades, and these are stocks you can continue to hold for decades. Buffett tends to favor stocks that have great brands or that he can buy at a great price.

2 Warren Buffett Stocks You Can Buy and Hold for Decades

Warren Buffett has sold some of Berkshire's stake, but still owns more than 11% of the bank.

Is Buffett's Top Bank Stock, Bank of America, Still a Good Investment?

Despite Warren Buffett regularly emphasizing the importance of thinking long-term, his short-term actions don't always line up with his message to investors. Since mid-July, there have been two separate 12-session streaks where Buffett has overseen the sale of Bank of America stock.

Warren Buffett Has Sold Shares of Bank of America in 27 of the Last 39 Trading Sessions, Which Paints an Ominous Picture for Wall Street

Chevron

JPMorgan Chase & Co

Banco Santander

Exxon Mobil

Including high dividend yield companies in your investment portfolio ensures that you can reach an elevated Weighted Average Dividend Yield with your investment portfolio right from the start. From my list of 10 high dividend yield companies to consider investing in for September 2024, I have selected my two top choices, which I will present in today's article. Chevron and Banco Santander can be excellent additions to your portfolio, given their attractive valuations, positive growth outlook, and their ability to combine dividend income and dividend growth.

If I Could Only Buy 2 High Dividend Yield Companies In September 2024

Warren Buffett's Berkshire Hathaway Inc BRK BRK has been steadily trimming its stake in Bank of America Corp BAC, selling off $7.2 billion worth of shares since mid-July.

Warren Buffett Sells More Bank Of America Stock: Should You Follow His Lead Or Invest Further?

After already selling billions in Bank of America (NYSE: BAC) shares, Warren Buffett, the popular investor and CEO of Berkshire Hathaway (NYSE: BRK.A), has continued to offload the banking behemoth's stocks, dumping nearly 6 million additional BAC shares in recent days.

Warren Buffett just dumped $230 million in this stock

A mixed CPI report had traders recalibrating their rate-cut bets.

Stock Market Today: Stocks Stagger After CPI but Rebound to Post Gains

Bank of America (BofA) (BAC) shares lost ground Wednesday after news that Warren Buffett's Berkshire Hathaway (BRK.A)(BRK.B) again reduced its stake in the bank.

Warren Buffett Sheds More Bank of America Stock

Citigroup

Goldman Sachs

Morgan Stanley

Wells Fargo

Our economy and financial markets rely on a well-functioning banking industry. And just as we saw with the Financial Crisis in 2008, things can go south fast when bank stocks and the banking industry begin to under-perform as the economy slows.

News for Bank of America Stock (BAC)