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

Giant money centers are fortresses but I expect headwinds this year. BAC stock resistance is posing more downside risk than upside potential.

Bank of America Stock Is Likely Going into Headwinds

Bank of Nova Scotia

JPMorgan Chase & Co

Coca-Cola

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

The 4% rule for retirees is 25 years old; the market today is quite different.

Retirement: Get More Bang For Your Buck With High Yields

CHARLOTTE, N.C.--(BUSINESS WIRE)--As previously announced, Bank of America will report its second-quarter 2021 financial results on Wednesday, July 14. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 9:00 a.m. ET. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings. Investor Conference Call Information For a list

Bank of America to Report Second-Quarter 2021 Financial Results on July 14

Bank of America stock has gained 37% YTD, and at its current price of $42 per share, it is at the same level as its fair value of $42 – Trefis' estimate for Bank of America's valuation. The bank stated on 28 June that it has completed the Federal Reserve's 2021 CCAR.

Bank of America Stock To Pay 17% Higher Dividend From Q3

Evidence shows that long-term investing is better than short-term stock picking.

Trying to Time the Stock Market Is a Bad Idea -- Here's Why

Wells Fargo

Those two economic conditions can pose quite different challenges to lenders.

How Do Bank Stocks Perform When Inflation and Recessions Hit?

St. Joe

Microsoft

Micron Technology

GuruFocus' Aggregated Portfolio of Gurus is a function that allows users to search for which stocks are the most commonly held among the investing greats. You can either individually select which gurus' holdings to include in the screener or do a broader search among all of the Premium or Premium Plus gurus.

The Top 5 Highest-Weighted Stocks in the Aggregated Portfolio of Gurus

Fifth Third Bancorp

People's United Financial

SVB Financial Group

Bank stocks rebound impressively in the first half of 2021. Top-performing S&P 500 banks like Wells Fargo (WFC), SVB Financial (SIVB), Bank of America (BAC), Fifth Third Bancorp (FITB) & People's United (PBCT) that are driven by solid fundamentals are worth a look.

5 Best Performing S&P 500 Banks of H1 to Keep an Eye on

Goldman Sachs

Morgan Stanley

Income investors might want to start paying attention to the financial sector.

These 5 Bank Stocks Just Increased Their Dividends

Citigroup

Following successful stress testing, banks will have much more autonomy to return capital to shareholders.

Big Banks Launch a Flurry of Dividend Increases: Here Are the Winners and Losers

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced that it recently learned of an unsolicited “mini-tender” offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $47 per share. The offer price of $47 per share is conditioned on, among other things, the closing price per share of Bank of America's common stock exceeding $47 per share on the last trading day before the offer expires. This means th

Bank of America Recommends Shareholders Reject “Mini-Tender” Offer by Tutanota LLC

Some great news for a key income-producing sector of the market could provide more optimism.

Why Dividend Investors Are Sending Stock Markets Higher on Tuesday

CitiGroup was the only major US bank to not increase its dividend payments following the successful stress test.

US banks authorize $20 billion in buybacks and add $2 billion in dividend payments after Fed stress test shows they can withstand a financial crisis

iShares U.S. Dividend & Buyback ETF

The Case-Shiller U.S. Home Price Index for April posted its highest figures in more than 30 years of this survey.

Case-Shiller Reports Record +14.6% in April, New Bank Dividends

Case-Shiller Home Price Hits Highest in Years

Major banks including Morgan Stanley (MS), Goldman (GS), JPMorgan (JPM), BofA (BAC), Wells Fargo (WFC) & PNC Financial (PNC) intend to boost capital plans, while Citigroup (C) plans to keep the same unchanged.

Big Banks to Reward Investors With Dividend Hikes & Buybacks

AFP via Getty ImagesFive of the six largest U.S. banks said Monday they would hike their payouts after the Federal Reserve last week lifted previous temporary restrictions on dividends and share buybacks.Morgan Stanley MS doubled its dividend to 70 cents a share and boosted the planned size of its share buy-back program from $10 billion to $12 billion over the the next 12 months.Goldman Sachs GS hiked its payout to $2 from 1.25 a share, JPMorgan JPM to $1 fom 90 cents, Bank of America BAC to 21 cents from 18 cents, and Wells Fargo WFC doubled it to 20 cents a share. CitiGroup C was the only large American bank to keep its dividend unchanged, at 51 cents.Monday's announcements amount to an extra $2billion in dividends to be paid out in the third quarter, according to Financial Times calculations.The Fed had restricted payouts during the pandemic and asked banks to preserve capital.

U.S. banks to pay extra $2 billion in quarterly dividends after Fed's green light

US banks have announced huge increases in their dividends after the US Federal Reserve lifted restrictions on payments imposed at the start of the Covid-19 pandemic. Rules were eased after the completion of stress tests last week that showed a robust financial position for all the main banks.

US banks open dividend tap as Covid-19 restrictions lift

Several major American banks announced dividend boosts on Monday, days after the Federal Reserve said all big lenders passed their stress test and lifted the heightened restrictions imposed due to COVID-19.

Big banks hike dividends after passing Fed's stress test

Bank of America Corp said on Monday it expects to increase quarterly stock dividend by 17% to 21 cents per share, beginning in the third quarter of 2021.

Bank of America increases quarterly dividend by 17%

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today commented on the results of the Federal Reserve's 2021 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend by 17 percent. Based on the 2021 CCAR results, Bank of America will be subject to a preliminary 2.5 percent stress capital buffer (SCB), unchanged from the current level. This SCB will be effective from October 1, 2021 to September 30, 2022 and, when combined with the Ba

Bank of America Comments on Stress Test Results; Plans 17 Percent Dividend Increase

America First Multifamily Investors

Crestwood Equity Partners

Enterprise Products Partners

Occidental Petroleum

Warren Buffett says you either make money in your sleep, or you die working to make money. Your portfolio should not depend on you to make you money!

Listen To Warren Buffett: Make Money While You Sleep

Amazon

Bristol-Myers

Mastercard

Teva Pharmaceutical

These growth and value stocks are begging to be bought by investors.

5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021

HSBC Holdings

The results, which saw all 23 banks pass, ultimately mean large banks can repurchase stock and pay out dividends with much wider discretion.

Here Is What Recent Federal Reserve Stress Testing Results Mean for Large Bank Stocks

Bank of America Corp's Merrill Lynch unit agreed to pay nearly $11.7 million in fines and restitution related to excessive sales charges and supervisory failures involving unit investment trusts, a U.S. regulator said on Friday.

News for Bank of America Stock (BAC)