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

American Express

Chevron

Fidelity MSCI Information Technology Index ETF

iShares US Financial Services ETF

JPMorgan Chase & Co

Invesco KBW Bank ETF

Occidental Petroleum

Vanguard Energy ETF

Technology Select Sector SPDR Fund

Here, we highlight a few ETF areas that have received the spotlight since Buffett's in-person annual meeting on Apr 30.

ETF Areas in the Spotlight Post Buffett's 2022 Meeting

Bank of America has agreed to pay a $10-million civil penalty for processing garnishments against customer bank accounts that violated state laws, the U.S. consumer watchdog said on Wednesday.

Bank of America to pay $10 million for illegal, out-of-state garnishments

The Consumer Financial Protection Bureau (CFPB) said Wednesday it ordered Bank of America Corp. BAC, +1.41% to make a $10 million civil penalty and refund or cancel fees from unlawful garnishments and review its processing systems for them. Since Aug. 1, 2011, Bank of America unlawfully garnished at least 3,700 out-of-state accounts, the CFPB said.

Bank of America gets fined $10 million for illegally taking payments from customers

Bank of America is down 22% for the quarter and 18% year to date. Nonetheless, I submit the worm has turned and blue skies lie ahead for the bank.

Bank of America: The Worm Has Turned

Bank of America ranked as the top financial adviser to companies targeted by activist investors in 2021, vaulting past three rivals to claim the top spot, according to Refinitiv data published on Tuesday.

Bank of America most favored for activism defense in 2021 -Refinitiv data

There was one main catalyst that sent it lower.

Why Bank of America's Stock Price Tumbled 13.4% in April

Citigroup

Goldman Sachs

Morgan Stanley

Shares of five major banks surged on soaring yields. These are: JPM, BAC, C, GS and MS.

Major Banks Gain on Soaring Yields: Will This Trend Continue?

CHARLOTTE, N.C. , May 3, 2022 /PRNewswire/ -- A majority of small business owners report that inflation and supply chain disruptions are impacting their businesses, according to the Bank of America 2022 Small Business Owner Report.

88% of Small Business Owners Say Inflation Is Impacting Their Business, According to Bank of America Small Business Owner Report; Despite Concerns, 64% of Entrepreneurs Anticipate Revenue Growth and Business Expansion

Hershey

Snowflake

StoneCo

Visa

Verizon

With Berkshire Hathaway dramatically outperforming the market lately, it's time to take a look at these seven Warren Buffett stocks. The post 7 Warren Buffett Stocks to Buy in May and Hold for Years appeared first on InvestorPlace.

7 Warren Buffett Stocks to Buy in May and Hold for Years

Toronto-Dominion Bank

There's an economic storm on the horizon just as banks are on the cusp of being able to charge more for loans. Be careful if you step in here.

Better Buy: Bank of America vs. Toronto-Dominion Bank

DTE Energy

Merck

NRG Energy

Realty Income Corp

PepsiCo

Phillips 66

When every rally attempt fails, the big risk-on day Thursday aside, market veterans know that it is likely that the path of least resistance for the stock market is lower.

7 Goldman Sachs Conviction List Dividend Stocks That Can Weather a Huge Sell-Off

Starbucks

One business sector has definitely been affected.

Could Recent Wage Disputes Impact Stocks?

The Oracle of Omaha has put nearly $104 billion, combined, into these three companies.

Warren Buffett Has Bet the Farm On These 3 Stocks

Bank of New York Mellon

Nu Holdings

U.S. Bancorp

Wells Fargo

In the third quarter of 2020, Berkshire Hathaway's ( BRK.A , Financial)( BRK.B , Financial) 13F report revealed the firm's financial services holdings had dropped below its technology holdings in terms of portfolio weight.

Warren Buffett's Portfolio Is Bracing for a Recession

From Moonlighting to Compromises, Homebuyers Are Finding Creative Ways to Achieve Homebuying Aspirations CHARLOTTE, N.C. , April 28, 2022 /PRNewswire/ -- Home purchases show little sign of slowing during this Spring homebuying season, characterized by surging demand and low inventory.

Two-Thirds of Homebuyers Would Make an Offer Within Three Days of Viewing a Home, Reflecting a Hot Spring Homebuying Season

CHARLOTTE, N.C. , April 27, 2022 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.21 per share, payable on June 24, 2022 to shareholders of record as of June 3, 2022.

Bank of America Declares Second-Quarter 2022 Stock Dividends

CHARLOTTE, N.C. , April 26, 2022 /PRNewswire/ -- The 14 board of director nominees were elected, with at least 92 percent of the vote cast in favor of each.

Bank of America Announces Preliminary Voting Results From 2022 Annual Meeting of Stockholders

Customers Bancorp

Investors have forgotten about banking stocks, making it the perfect time to invest before rates rise. Here are 3 to consider.

3 Bank Stocks to Buy If You're a Contrarian

As indices teeter over important support lines, there are banks stocks to buy for their own tactical opportunities after their earnings. The post 3 Bank Stocks to Buy in Spite of the Fed Rate Hikes appeared first on InvestorPlace.

3 Bank Stocks to Buy in Spite of the Fed Rate Hikes

Despite more concerns about the near-term future of the economy, Bank of America reports that consumers and businesses look quite healthy.

Bank of America Doesn't Expect a Recession in 2022. Here's Why

Digital banking took off at Bank of America during the pandemic.

3 Trends That Show Digital Banking Is Exploding at Bank of America

Goldman's play to manage Americans' primary transaction hub is one of the more significant steps it has taken to compete directly with giants like Wells Fargo.

Goldman's digital checking account for the masses nears as bank tests product with U.S. employees

Citigroup Inc. C, +0.94% and Bank of America Corp. [bac] said separately on Thursday they plan to issue credit cards made with recycled plastic made from old credit cards. Citi said the rollout of its recycled PVC plastic (rPVC) cards will start in Europe, Middle East, and Africa (EMEA) region, before being distributed globally.

Citi, Bank of America to issue recycled plastic credit cards

ARMOUR Residential REIT

Canadian Solar

Euroseas

Petroleo Brasileiro

UBS Group AG

Large cap value is the way to go and these gems haven't been picked up yet. These are the seven most underappreciated stocks to buy.

7 Biggest Bargain Stocks to Buy Before They Rebound

Truist Financial

Warner Bros Discovery Inc

Screening for stocks with market caps over $10 billion and price-book ratios under 1.5 could provide a good starting point for value investors as they seek to spot opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the criteria above and are recommended by Wall Street.

News for Bank of America Stock (BAC)