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

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

BASF SE

Brookfield Renewable Partners

B&G Foods

bluebird bio

Bank of Montreal

Bayerische Motoren Werke AG

Bank of Nova Scotia

BRT Apartments

Blackstone Group

Blackstone Secured Lending Fund

Colgate-Palmolive

Global stock indices continued an upward trend in March, with both U.S. and non-U.S. stocks rising by 3%.

March's Dividend Portfolio Update Sets New All-Time Record - 100 Holdings, 21 Buys

Goldman Sachs

Shareholders at annual meetings on Wednesday rejected separate proposals at Goldman Sachs Group Inc. and Bank of America Corp. to separate the roles of chair and chief executive at the banks.

Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles

At Goldman's annual shareholder meeting, the proposal by the conservative-leaning National Legal and Policy Center garnered 33% of shareholder votes, according to a preliminary tally, compared with 16% last year.

Goldman Sachs, Bank of America shareholders reject plan to split CEO, chair roles

Bank of America shareholders rejected a proposal to divide the CEO and chairman roles held by Brian Moynihan on Wednesday at the company's virtual annual meeting.

Bank of America shareholders reject proposal to split CEO, chair roles

Goldman Sachs and Bank of America shareholders voted against proposals to divide the CEO and chairman roles at both banks on Wednesday, bucking pressure from influential proxy advisers to bolster corporate governance.

Goldman Sachs, BofA shareholders reject proposals for CEO-chair split

Jazz Pharmaceuticals

Warner Bros Discovery Inc

The stock market's strong performance in 2024 has made many investment options too expensive for some traders. However, with the recent pullback, an opportunity has emerged to invest in excellent value picks with $100.

Three no-brainer stocks to buy with $100

Citigroup

JPMorgan Chase & Co

Some of the largest U.S. banks are being asked by the Commodities Futures Trading Commission to provide details about nondisclosure agreements for employees in an effort to protect potential whistleblowers, according to a report by Bloomberg.

Regulators probe potential use by big banks of nondisclosure agreements to discourage whistleblowers: report

Costco

General Electric

Investing in retirement is a little different. While people may focus on growth and gains when they are accumulating wealth and trying to enlarge their nest egg, once retired, the focus tends to switch to preserving existing capital and adding new money through regular dividend payments.

The Top 3 Retirement Stocks to Buy in April 2024

Major financial institution Bank of America Corp (NYSE:BAC) reported earnings last week and the shares bottomed out following the results, falling 3.5% the day of the quarterly report and testing their 100-day moving average.

Bull Signal Flashing for Bank Stock

Wolfe Research believes Bank of America's net interest margin will improve to the industry standard. CEO Brian Moynihan said net interest income would return to growth in the second half of the year.

1 Wall Street Analyst Thinks Bank of America Stock Is Going to $42. Is It a Buy?

Goldman Sachs and Bank of America will face challenges on Wednesday as proxy advisers recommend investors vote for the banks to separate their CEO and chairman's roles, in an effort to improve the companies' governance.

Goldman and BofA face renewed calls to split CEO, chairman's roles

Berkshire Hathaway owns more than 1 billion shares of Bank of America, as of the latest information. The bank is Berkshire's second-largest investment, with a stake of 13.1% worth about $38 billion.

How Much Money Does Warren Buffett Have Invested in Bank of America?

Amazon

First Horizon National

Alphabet

Morgan Stanley

Oaktree Specialty Lending

Invesco QQQ

Royal Bank of Canada

Charles Schwab

Toronto-Dominion Bank

Taiwan Semiconductor Manufacturing

Big tech earnings are approaching, but I'm not betting on them. Big tech stocks have gotten too expensive. I have sold most of my U.S. tech stocks and reinvested the proceeds into high-income investments.

Forget Big Tech Earnings, Buy Income Instead

SoFi Technologies

Bank stocks have been beaten down by economic uncertainty and interest rate headwinds. SoFi trades for an incredibly cheap valuation, considering its rapid growth rate and profitable business.

2 Incredibly Cheap Fintech Stocks to Buy Now

Robust consumer spending in the past few years has helped the U.S. avoid a recession. Consumer spending continues to grow, albeit at a slower pace than last year.

Bank of America Just Told Us Something Important About Consumer Spending

American Express

Coca-Cola

Buffett's "big four" are Apple, Bank of America, American Express, and Coca-Cola. He's invested heavily in these stocks primarily because he believes in their businesses.

Why Warren Buffett Has 68% of Berkshire Hathaway's $361 Billion Portfolio Invested in Only 4 Stocks

Bank of America reported a decline in net interest income year-over-year. If rates stay higher for longer, this metric could continue to face pressure.

Should You Buy Bank of America Hand Over Fist Right Now? There's 1 Good Reason to Think Twice.

The lull in net interest income is at or near its cyclical bottom, if not already past it. The company's investment-oriented business lines are doing particularly well right now despite economic challenges.

Buy Bank of America Stock on This Dip. The Good Outweighs the Bad.

At the end of 2023, Warren Buffett's holding company, Berkshire Hathaway, had $34.8 billion worth of Bank of America stock in its equity portfolio. A leading brand helps Bank of America attract and retain customers.

Warren Buffett Has $34.8 Billion Invested in This Dividend Stock. Is It a Smart Buy Now?

Bank of America's stock has surged by 13.47% since my previous coverage, prompting a reevaluation of its investment potential. Q1 2024 data leaves a fair price estimate at $47.30, with a $59.66 future target, indicating 36.4% near-term upside and 12% annual returns.

Bank of America: Considerable Near-Term Potential, But Annualized Returns Likely Lower

Li Lu is a Warren Buffett disciple who was funded by Charlie Munger. He has 70% of his American portfolio in Bank of America and Alphabet stocks.

This Billionaire Warren Buffett Disciple Has 70% of His American Portfolio in Just 2 Stocks

The Oracle of Omaha has delivered a greater than 4,900,000% aggregate return in his company's Class A shares (BRK.A) since becoming CEO of Berkshire Hathaway. Portfolio concentration has been integral to Berkshire Hathaway's sustained outperformance of the benchmark S&P 500.

68% of Warren Buffett's $372 Billion Portfolio Is Invested in Just 4 Stocks

Most bank stocks offer stability and passive income opportunities. Bank of America is Warren Buffett's favorite bank stock.

If You'd Invested $1,000 in Bank of America 5 Years Ago, Here's How Much You'd Have Today

Chevron

Kraft Heinz

Occidental Petroleum

Warren Buffett's Berkshire Hathaway has more than $10 billion invested in seven stocks, but Apple is its largest holding by a wide margin. Apple is losing market share to smartphone competitors in China, and the European Union's Digital Markets Act could weaken its ability to monetize the App Store.

Warren Buffett Has Over $10 Billion Invested in 7 Stocks. Here's the Best Stock to Buy Right Now, According to Wall Street.

High interest rates continued to pressure net interest income. Bank of America saw its credit quality continue to deteriorate.

News for Bank of America Stock (BAC)