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

Citigroup

JPMorgan Chase & Co

Wells Fargo

The large banks were viewed as a safe haven during the banking crisis. Many of them saw deposit inflows in March.

Which Large Bank's Deposit Base Performed the Best During the Banking Crisis?

Chevron

Occidental Petroleum

The Oracle of Omaha has vastly outperformed the broad-based S&P 500 since becoming CEO of Berkshire Hathaway nearly six decades ago. Buying dividend stocks has played a big role in Berkshire's long-term outperformance.

47% of Warren Buffett's More Than $6.1 Billion in Annual Dividend Income Comes From These 3 Stocks

The bank has seen some pressure on deposits recently. Its strong deposit base and balance sheet should allow it to get through this more challenging environment and eventually rebound.

Bank of America Will Be Just Fine Over the Long Term

Bank of America Corp. CEO Brian Moynihan said this week's flood of earnings reports from banks illustrates the health of the U.S. financial system despite the collapse of Silicon Valley Bank and Signature Bank last month.

Bank of America CEO Brian Moynihan says bank earnings this week proved the system worked

Bank of America's deposit trends underperformed those of its peers. The bank is seeing deposit outflows and higher deposit costs, which are cutting into net interest income.

Here's the Most Disappointing Part of Bank of America's Strong Quarter

Apple

American Express

Coca-Cola

The Oracle of Omaha has crushed the S&P 500 in the return column over the past 58 years. Despite overseeing a $344 billion, 49-security portfolio, Buffett and his team have more than three-quarters of invested assets tied up in just five brand-name stocks.

76% of Warren Buffett's $344 Billion Portfolio Is Invested in These 5 Stocks

The deposit insurance system “worked pretty well,” said Bank of America CEO Brian Moynihan. Speaking Thursday (April 20) at a Bloomberg event, Moynihan said deposit insurance funded by banks succeeded in protecting customers during the “fair amount of disruption” recently seen among regional banks, Bloomberg reported Thursday.

Bank of America CEO Says Deposit Insurance ‘Worked Pretty Well'

Bank of New York Mellon

Bank of Montreal

Citizens Financial Group

Cullen/Frost Bankers

Canadian Imperial Bank of Commerce

Comerica

East West Bancorp

First Horizon National

Fifth Third Bancorp

First Republic

Goldman Sachs

Huntington Bancshares

KeyCorp

Northern Trust

Royal Bank of Canada

Synovus Financial

State Street

U.S. Bancorp

Western Alliance Bancorporation

Zions Bancorp

It has been a rollercoaster ride for the Banks sector over the past month and a half. In this article, we take a look at some of the key metrics investors ought to be familiar with which explain a lot of the price action so far.

Allocating To Banks Preferreds In A Difficult Market

Bank of America has come a long way since its humble beginnings. It has grown from a single branch to over 3,800 financial centers and 16,000 ATMs.

Is Bank of America a Good Stock to Buy?

Bank of America: 5% Discount To BV, NII Upside, Strong Value.

Bank of America: 5% Discount To BV, NII Upside, Strong Value

M&T Bank

PNC Financial Services

The 2023 Q1 earnings picture emerging at this early stage is one of resilience and stability, with an above-average proportion of companies beating estimates and providing a good-enough outlook in an uncertain macro environment.

2023 Q1 Earnings Season Off to a Promising Start

Forrester Research

Mastercard

PayPal

Here are some of the best stocks that enable you to benefit from fintech's growth without sacrificing steady income.

4 Top Dividend Stocks in Fintech

The bank's CFO emphasized that the bank's net interest income would rise in higher-rate income, even as it was hit by losses on its bond portfolio.

Bank of America Reassures Investors About $99 billion of Unrealized Bond Losses

The dynamic is part of a virtuous cycle that supports U.S. employment, vs. an earlier boom that supported overseas producers of goods, CEO Brian Moynihan said.

Bank of America customers are spending more and that's supporting U.S. employment, CEO says

Bank of America Corporation (BAC) Q1 2023 Earnings Call Transcript

Shares of Bank of America (NYSE: BAC ) stock opened in the green but fell lower after the bank reported its first-quarter earnings. As of publication, BAC stock made it back into the green but just barely at 0.33%.

5 Investors Betting Big on Bank of America (BAC) Stock

Charlie Munger (Trades, Portfolio), the renowned investor and chairman of Daily Journal Corp. ( DJCO , Financial), disclosed his California-based publishing company's first-quarter 2023 equity portfolio earlier this month.

3 Undervalued Bank Stocks in Charlie Munger's Portfolio

Despite last month's turmoil in the banking sector, Wall Street can finally exhale. This, as Bank of America (BofA) CEO Brian Moynihan told investors on the financial giant's first-quarter 2023 earnings call Tuesday (April 18) that, “every business segment performed well as we grew client relationships and accounts organically and at a strong pace.

Bank of America Says ‘All Growth' Aided by Ongoing Digitization

Johnson & Johnson

Fresh Q1 earnings reports from major household firms join housing data from last month ahead of today's open.

Housing Data Muted but Decent; JNJ and BAC Beat on Q1 Earnings

Bank of America (NYSE: BAC) has blown past analysts' expectations on top-line and bottom-line earnings, leading to a 13% year-on-year net revenue growth and a respective 15% net income growth by the same measure; earnings per share were reported at 94 cents. The push in revenue came amid growth across the bank's fixed-income trading desk offset by equities trading facing the recent volatility seen in the overall American equities market tied to rising interest rates, elevated inflation levels and a boost in recession fears.

Bank of America Beats Earnings, Renews Investor Upside Potential

Bank of America saw deposit outflows in the quarter. The bank also sold some securities and increased its cash position.

Why Bank of America's Earnings Beat Couldn't Get the Stock Moving Today

Moynihan said Bank of America's research team has been consistent in calling for a mild downturn in light of the Fed's rate hikes.

Bank of America CEO Brian Moynihan says he sees a relatively mild recession

Higher rates, decent loan demand, a rise in card income and robust trading business support BofA's (BAC) Q1 earnings. Weak IB performance, higher provisions and an increase in expenses hurt.

BofA's (BAC) Q1 Earnings Top Estimates on Solid Trading & NII

Markets opened mixed as investors continue to wait for corporate earnings releases. Bank of America and Goldman Sachs both reported their first-quarter financial results.

Bank Stocks Raise Questions as BofA Climbs, Goldman Falls

Bank of America Corp (NYSE:BAC) has reported first-quarter earnings that beat expectations as it benefited from higher interest rates and strong growth in its loan book.  However, like many of its peers, the bank has increased provisions for credit losses due to the deteriorating economic environment.

News for Bank of America Stock (BAC)