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

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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

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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

Bank investors received some excellent news.

Why JPMorgan, Bank of America, Citigroup, and Wells Fargo Stocks Jumped on Friday

Goldman Sachs

Morgan Stanley

Trading and underwriting revenue could provide some comfort for big Wall Street banks that begin reporting results next week, although second-quarter profits likely plunged because of the coronavirus pandemic's impact on lending.

Trading, underwriting soften profit plunge for some U.S. banks

Even for the biggest of the big, interest rates are the smallest of the small.

Why Big Bank Stocks Plunged 30% in the First Half of 2020

But several regional banks are in the COVID-19 loan program

Bank of America Only Big Bank Participating in Main Street Lending

Big banks bagged a fortune in fees from distributing cash in the US government’s aid program for small businesses stricken by the coronavirus, according to fresh data. JPMorgan Chase reaped $864 million as it handed out $28.8 billion in loans for the Paycheck Protection Program, according to an analysis by S&P Global Market Intelligence.

Here’s how much money banks snagged for distributing PPP funds

America's largest banks are set to earn hundreds of millions of dollars in fees paid out by the federal government under its Paycheck Protection Program, according to S&P Global.

Big banks stand to earn hundreds of millions from PPP loan fees

Automatic Data Processing

Enterprise Products Partners

General Dynamics

Johnson & Johnson

Prudential Financial

Toronto-Dominion Bank

Tyson Foods

ViacomCBS

Walgreens

This article is part of our monthly series, where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms.

5 Safe And Cheap Dividend Stocks To Invest In (July 2020)

Bank of America Corp will start bringing back its employees to offices in phases after Labor Day, Sept. 7, Bloomberg News reported https://bloom.bg/3dU8liD on Thursday, citing a memo from the bank.

BofA's U.S. staff to start returning to offices after labor day: Bloomberg News

It's going to be a bumpy ride, but banks are prepared for the shocks.

3 Reasons Why the Outlook for Banks Is Better Than You Think

PNC Financial Services

U.S. Bancorp

When the Federal Reserve last week published the results of its latest stress tests on 34 U.S.

7 Bank Stock Dividends That Still Look Safe Heading Into 2021

Though M&As have taken a hit in the second quarter amid the coronavirus outbreak-related economic slowdown, improving underwriting activities are likely to aid top-line growth of investment banks.

Investment Banking to Aid Banks in Q2 Amid Coronavirus-Led Turmoil

Microsoft

S&P 500 earnings are expected to fall 44.1% in Q2 but there will likely be surprises as many companies withdrew guidance.

Stocks for the Most Intriguing Earnings Season Ever

First Majestic Silver

Livongo Health Inc

SSR Mining

Teva Pharmaceutical

These are the stocks that might power one Fool's portfolio higher for the remainder of the year.

My Top 5 Portfolio Holdings for the Second Half of 2020

Bank of New York Mellon

Blackrock Inc

State Street

Truist Financial

Some are still undecided about whether to hold their payouts steady or cut them next quarter.

Which Major Banks Will Maintain Their Dividends?

A Contrarian View: Buy The (Large) U.S. Banks

Wells Fargo on Monday said it is expected to reduce its dividends by an unspecified amount after an annual stress test of the health of the banking sector by the Federal Reserve, representing the only one of the top banks so far to have to cut shareholder distributions after the examination of the financial wherewithal of the nation's largest financial firms.

Wells Fargo to cut dividends while BofA, Citi, JPMorgan, Goldman seen holding shareholder payouts steady after stress tests

Nearly all of the largest U.S. banks said Monday that they performed well enough on the Federal Reserve’s most-recent stress test to maintain their current quarterly dividend.

Bank of America, Citi and Goldman keep dividends the same post-stress tests, Wells Fargo to cut

Fifth Third Bancorp

Huntington Bancshares

KeyCorp

Regions Financial

The Federal Reserve Board’s 2020 stress tests and additional sensitivity analysis have been a much harder review based on the impacts of the coronavirus turning into the COVID-19 pandemic and the economic recession.

How to Predict Which Banks Will See Largest Dividend Cuts

Technology Select Sector SPDR Fund

After a rough week for the market, the financial sector is looking particularly weak. A look at the sector performance in 2007-2008 may help one assess what the recent action means for the stock market in the months ahead.

Will Bank Stocks Lead The Market Lower?

American Express

Barclays

Capital One

When the economy was booming, credit card issuers fell over themselves to lure borrowers and their debt, mailing hundreds of millions of no-interest solicitations.

Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults

The easing of regulations will free up more capital and allow banks to invest in venture capital and other funds.

Federal Regulators Just Relaxed the Volcker Rule. Here's Why it's Good For Banks

Stock Market Today: Banks Burned as Stocks Break Sharply Lower

Shares of U.S. banks dropped on Friday, with Wells Fargo's stock falling more than 6% and Goldman Sachs Group Inc down 7%, after the Federal Reserve capped dividend payments and barred share buybacks until at least the fourth quarter after its annual stress test.

U.S. bank shares drop as Fed sets limits following stress tests

The Federal Reserve gave the financial industry some bad news, and it's making investors nervous.

Big Bank Stress Is Crushing the Stock Market Today

NIKE

Nike saw sales collapse due to COVID-19, and large banks can't raise their dividends or buy back shares in the third quarter.

News for Bank of America Stock (BAC)