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

Here is how Bank of America (BAC) and American Homes 4 Rent (AMH) have performed compared to their sector so far this year.

Is Bank of America (BAC) Outperforming Other Finance Stocks This Year?

Investors need to pay close attention to Bank of America (BAC) stock based on the movements in the options market lately.

Implied Volatility Surging for Bank of America (BAC) Stock Options

Lucid Group

NEWARK, Calif., Dec. 6, 2021 /PRNewswire/ -- Lucid Group (NASDAQ: LCID), which is setting new standards with its advanced luxury electric vehicles (EVs), today announced it has selected Bank of America as its preferred lending partner.

Lucid Selects Bank of America as Preferred Lender to Support Customer Ownership Experience

Arlington Asset Investment

Chimera Investment

ComSovereign Holding

Dynex Capital

Eagle Point Credit

Eagle Point Credit Company Inc 7.75 % Pfd Registered Shs 2016-30.10.26 Series B

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eagle Point Cr 6.75 % Notes 2017-30.09.27

Pitney Bowes

Wells Fargo

We take a look at the action in preferreds and baby bonds through the fourth week of November and highlight some of the key themes we are watching. Preferreds are having a tough November - the worst month so far since March of 2020.

Preferreds Market Weekly Review: Our Lower Beta Playbook For Elevated Volatility

Amazon

Bristol-Myers

Teva Pharmaceutical

Visa

Riding the Oracle of Omaha's coattails is often a moneymaking proposition.

5 Warren Buffett Stocks Are Screaming Buys in December

LAS VEGAS, Dec. 1, 2021 /PRNewswire/ -- The budding 135,000 square-foot Kirk Kerkorian School of Medicine at UNLV has received a $1 million donation toward its construction from Bank of America. The corporate donation is the very first of its kind benefitting the project, which broke ground in October 2020 and is slated for completion in 2022.

Bank of America donates $1 million toward Kirk Kerkorian School of Medicine at UNLV

Citigroup

JPMorgan Chase & Co

Negative provisions, higher revenues and an increase in loan balance support FDIC-insured banks' Q3 earnings. Thus, major banks like JPMorgan (JPM), BofA (BAC), Citi (C) & Wells Fargo (WFC) witness growth in financials.

FDIC-Insured Banks' Q3 Earnings Up, Loans Rise, NIM Shrinks

Goldman Sachs

Coca-Cola

It is commonplace for investors to rely on their emotions instead of logic during periods of extreme stock market movements. For example, they can become overly optimistic during bull markets and end up purchasing overvalued shares.

Warren Buffett: Keep a Clear Head

Bank of America Corporation (BAC) Presents at Bank of America 2021 Leveraged Finance Virtual Conference - Transcript

Morgan Stanley

U.S. bank profits fell 1.2% in the third quarter of 2021 to $69.5 billion as firms were slower to shrink their credit loss provisions and grappled with record-low interest rates, the Federal Deposit Insurance Corporation reported Tuesday.

U.S. bank profits dip slightly as banks slow shrinking credit loss provisions

Financial Select Sector SPDR Fund

The financial sector was hit hard in premarket trading Tuesday, as concerns over the potential impact of the omicron variant of COVID on the economy sent Treasury yields sharply lower. The SPDR Financial Select Sector ETF XLF, +0.31% slid 1.5% ahead of the open toward a seven-week low, with 58 of its 65 equity components trading lower, while futures ES00, -0.66% for the S&P 500 SPX, +1.32% were down 0.8%.

Bank stocks dive as omicron fears send Treasury yields sinking

CHARLOTTE, N.C., Nov. 30, 2021 /PRNewswire/ -- Bank of America announced today that it has directed more than $17 million to support Native American communities since the onset of the pandemic.

Bank of America's Native American Support Tops $17 Million Since 2020

Automatic Data Processing

Anthem

Baxter

Blackrock Inc

CME Group

Canadian National Railway Company

Flowers Foods

Home Depot

Lockheed Martin

NIKE

Realty Income Corp

PepsiCo

UnitedHealth Group

Walmart

We provide a summary of upcoming ex-dividend dates in a quick reference table. The table includes relevant data and key statistics as well as the next payout and pay date.

Upcoming Ex-Dividend Dates: November 30-December 12, 2021

Bank of America (BAC) closed the most recent trading day at $45.59, moving -0.37% from the previous trading session.

Bank of America (BAC) Stock Sinks As Market Gains: What You Should Know

Wall Street banks are not immediately changing their U.S. return-to-work plans in response to the new COVID-19 variant, but they are monitoring the situation, they said.

Wall Street banks stick with return-to-work plans while monitoring Omicron situation

Major U.S. large-cap bank stocks struggled along with the broader market, which is reeling from new COVID-related fears and higher inflation.

Why Shares of Wells Fargo, Citigroup, Bank of America, and JPMorgan Chase Are Falling Today

Apple

According to the Aggregated Portfolio of Gurus, a Premium feature of GuruFocus, the two stocks that Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial) and Li Lu (Trades, Portfolio)'s Himalaya Capital Management agree on are Apple Inc. ( AAPL , Financial) and Bank of America Corp. ( BAC , Financial).

2 Stocks Warren Buffett and Li Lu Agree On

DXC Technology

EngageSmart LLC

Freeport-McMoRan

LHC Group

Public Storage

Starbucks

Tencent Holdings Limited

T. Rowe Price Group

Earnings at T. Rowe Price Group, the Baltimore-based asset manager, have risen each year since 2009.

James Glassman's 10 Stock Market Picks for 2022

Bank of America's impressive rally is at odds with the Bank's challenged core business.

Bank Of America's Gains Are On A Weak Foundation - Time To Sell

A major U.S. banking regulator clarified on Tuesday that banks must seek and obtain written permission from their bank supervisors before engaging in certain activities involving cryptocurrency.

U.S. banks must seek regulatory permission before engaging in certain crypto activities - regulator

Shares of banks and financial services companies, including Bank Of America Corp (NYSE: BAC), are trading higher Monday following a rise in yields after U.S. President Joe Biden announced he would nominate Fed chair Jermone Powell for a second term. The President named Fed Governor Lael Brainard as vice chair.

Why Bank Of America Shares Are Trading Higher Today

Financial stocks are doing well on Monday thanks to an update from the U.S. Government concerning the next Federal Reserve chairman. The post Financial Stocks: WFC, MS, C, BAC, JPM and GS Gain on Powell Fed Chairman's Second Term appeared first on InvestorPlace.

Financial Stocks: WFC, MS, C, BAC, JPM and GS Gain on Powell Fed Chairman's Second Term

Shares in U.S. banks rose on Monday after Federal Reserve Chair Jerome Powell was nominated for a second four-year term by President Joe Biden.

Bank stocks rise on decision to nominate Jerome Powell for second term as Fed chair

Invesco KBW Bank ETF

Bank stocks rose on Monday after President Joe Biden on Monday nominated Jerome Powell for a second term at the U.S. Federal Reserve. The KBW Nasdaq Bank Index kbw advanced by 1.3%, JPMorgan Chase & Co. JPM, +2.38% rose by 1.8%, Citigroup C, +1.79% rose by 1.4% and Goldman Sachs GS, +2.25% advanced by 2%.

Bank stocks rise as Powell earns Biden nomination for second Fed term

Many investors gave Buffett a lot of grief for his moves during the pandemic, but the Oracle of Omaha was on target here.

News for Bank of America Stock (BAC)