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

iShares MSCI Germany ETF

The bulls are in charge of the indices but within it there are stocks to fade. Today's picks are easy bets against the weak links.

3 Stocks to Fade Headed into the Sell-in-May Season

Robust trading and investment banking performance and reserve release support BofA's (BAC) Q1 earnings despite low interest rates and weak loan demand.

BofA (BAC) Q1 Earnings Beat on Big Reserve Release, Fee Income

Shares of Bank of America Corp (NYSE: BAC) are trading in a volatile manner today after the company reported its first-quarter earnings.  Profit more than doubled in Q1 2021 Bank of America Corp reported that its profit more than doubled in Q1 as the bank deployed reserves to compensate for potential loan losses amid the […] The post Here's why Bank of America stock price fell despite stellar Q1 results appeared first on Invezz.

Here's why Bank of America stock price fell despite stellar Q1 results

Citigroup

Bank of America earnings easily beat views amid loan-loss reserves released and strong investment banking. Citigroup also topped views.

Bank Of America Beats, OKs Big Stock Repurchase; Citigroup Tops, Exits Markets

Bank of America Corp (NYSE:BAC) stepped into the earnings confessional this morning, becoming the latest bank name to chime in on a strong start to earnings season.

BAC Inches Higher After Impressive Q1 Results

The bank also reported strong performance in its global banking and global wealth and investment management divisions.

Bank of America Doubles Profit in Q1 After Big Reserve Release

Bank of America Corp. (NYSE: BAC) said on Thursday that its profit more than doubled in the fiscal first quarter. On the back of hawkish performance that it attributed to lower credit costs and robust growth in capital markets, the investment bank authorised a stock buyback programme worth £18.12 billion.

Bank of America's profit more than doubles in the fiscal first quarter

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Coinbase's hotly-anticipated initial public offering hogged the spotlight on Wednesday, eclipsing blowout results from banks, which kicked off earnings season with a bang.

NewsWatch: Buy bank stocks after Citi, Goldman Sachs, BoA and JPMorgan earnings wowed, says this research group

Advanced Micro Devices

Coinbase

Bank of America Corp (NYSE: BAC) shares are trading higher by 1.2% after the company reported better-than-expected first-quarter EPS and sales results. Bank of America reported quarterly earnings of $0.86 per share, which beat the analyst consensus estimate of $0.66 The company reported quarterly sales of $22.93 billion, which beat the analyst consensus estimate of $22.13 billion.

Here's Why Bank Of America, Coinbase And AMD Are Moving

Bank of America's (BAC) earnings exceeded analysts' expectations, as did revenue. However, net interest margin missed estimates.

Bank of America Earnings: What Happened

The stock price of Bank of America Corp (NYSE: BAC) increased by over 1% pre-market. This is why it happened.

BAC Stock: Over 1% Increase Pre-Market Explanation

The bank was able to overcome the impact of low yields with strong capital markets and investment banking activity

Bank of America Gains on Earnings Beat. What to Know.

Bank of America's first-quarter earnings smashed analysts' estimates on Thursday, with profits more than doubling year on year to $8.1 billion as the bank released reserves set aside to cover coronavirus loan losses. BofA's $8.1 billion of net income was far higher than analysts' forecasts of $6.25 billion and was up from $4 billion a year earlier, when the pandemic weighed on banks. It pushed earnings per share to $0.86, well above the consensus estimate of $0.66.

Bank of America smashes forecasts to double profits in 1st-quarter earnings as the US rebound boosts Wall Street (BAC)

Shares of Bank of America (NYSE:BAC) moved higher by 0.8% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 115.00% year over year to $0.86, which beat the estimate of $0.66.

Recap: Bank of America Q1 Earnings

Bank of America joined rivals in posting a quarterly boost from an improving credit outlook.

Bank of America earnings top estimates on strong investment banking, release of loan-loss reserves

Shares of Bank of America Corp. rose 1.8% toward a 13-year high in premarket trading Thursday, after the bank reported profit that more than doubled and beat expectations, citing strong growth in capital markets and lower credit costs, and set a $25 billion stock repurchase program. Net income rose to $8.1 billion, or 86 cents a share, from $4.0 billion, or 40 cents a share, in the year-ago period.

Bank of America stock jumps toward 13-year high after profit beat, new $25 billion buyback program

Bank of America Corp reported a jump in first-quarter profit that breezed past estimates on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses.

Bank of America profit more than doubles on reserve release boost

Bank of America profit more than doubles on reserve release boost.

Bank of America tops estimates, says it will buy back $25 billion in stock

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: Bank of America newsroom at https://newsroom.bankofamerica.com Q1-21 Bank of America Financial Results Press Release Q1-21 Bank of America Investor Relations Presentation Q1-21 Bank of America Supplemental Information Bank of America Investor Relations website at https://investor.bankofam

Bank of America Reports First-Quarter 2021 Financial Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation today announced that its Board of Directors has authorized the repurchase of up to $25 billion of common stock over time. This authorization reflects the company's commitment to return to shareholders excess capital that is not needed to support economic growth, deliver for customers and communities, invest in the future and sustain strength and stability through the cycle. The Board also authorized repurchases to offset shares award

Bank of America Announces $25 Billion Common Stock Repurchase Plan

Shares of Bank of America Corp. has swung to a gain of 1.5% in afternoon trading, reversing an earlier intraday loss of as much as 1.0%, a day before the bank is slated to report first-quarter results. The stock is trading just shy of the 13-year closing high of $40.05 on April 7.

Bank of America stock swings to a gain ahead of earnings

Earnings season is now upon us, and one of the most important sectors every quarter are banks. That said, let's preview a few big reports.

Steer Clear of the Big Banks Ahead of Earnings

PNC Financial Services

The big banks are no longer market laggards as many have broken out to new 5-year highs.

5 Red-Hot Big Bank Earnings Charts

Bank of America actually has four impending tailwings that could propel it higher. Thus, I think BAC stock will soon be worth $57.43.

News for Bank of America Stock (BAC)