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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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.

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

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Book value per share

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Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Amid the coronavirus pandemic and economic slowdown, stress test results are set to reveal how banks' financials are likely to enable them to deal with further deterioration and future payouts.

Will 2020 Stress Test Allow Banks to Sustain Investor Rewards?

Simon Property Group

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Better Buy: Bank of America vs. Citigroup

Wells Fargo

The wall of money flowing into banks has no precedent in history: in April alone, deposits grew by $865 billion, more than the previous record for an entire year.

U.S. banks are 'swimming in money' as deposits increase by $2 trillion amid the coronavirus

Bank of America should bounce bank, along with other financials, as the economy recovers. Here's how BAC stock stacks up against its peers.

Bank of America Stock Is Dirt Cheap But Lacking Catalysts

FDIC-insured commercial banks and savings institutions' Q1 earnings negatively impacted by higher provisions and expenses, partly muted by elevated non-interest revenue and loan growth.

FDIC-Insured Banks' Q1 Earnings Disappoint, Provisions Escalate

PNC Financial Services

Truist Financial

U.S. Bancorp

Major banks have been asked to submit documents, regarding applications received, and all communications with SBA and Treasury on which application to prioritize.

JPMorgan, Wells Fargo and Others Under Probe for PPP Procedure

Apple

Digital Realty Trust

Markel

Realty Income Corp

Why these names make up about a quarter of this Fool's portfolio.

With Recession Looming, These Are My 5 Highest-Conviction Stock Holdings

BAC stock along with the rest of the big banks have moved higher with the markets. However, investor sentiment alone can’t change the ugly underlying fundamentals.

3 Reasons to Be Skeptical of Bank of America

Alcoa

Intel

Coca-Cola

Walmart

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American Express

Capital One

Discover

Synchrony Financial

While most of the credit card issuer banks record a decline in default rates for May 2020, the actual impact of coronavirus-related slowdown is likely to be felt in the latter half of the year.

Banks' Credit Card Defaults Down Despite Coronavirus Scare

The drop in Bank of America stock looks like a buying opportunity. Here's a high odds options trade with a tasty return on investment.

As It Tests Support, Bank of America Stock Provides a Trading Opportunity

Morgan Stanley

This year's stress test results will include additional analysis of the coronavirus' impact on the economy.

The Fed Will Release Bank Stress Test Results Soon. Here's What to Watch

Teradata

See two of the featured stocks from this month’s model portfolios.

The Good And Bad: Bank Of America And Teradata

The financial sector is under pressure for a few reasons.

Here's Why Wells Fargo, JPMorgan Chase, and Other Big Bank Stocks Are Falling

SPDR S&P Regional Banking ETF

Regions Financial

No change in interest rates till 2022 is likely to be disadvantageous for bank stocks. Yet, past efforts to strengthen operations and diversified revenues are likely to act as positive catalysts.

Fed Signals No Rate Hike Till 2022: What This Means for Banks

Big banks already had to suspend buybacks and dividends once, but will they resume in 2021? Keep a close eye on Bank of America stock.

Bank of America Has a Solid Dividend, But It Faces a New Threat

Thanks to the $50-billion acquisition of Merrill Lynch in 2008, Bank of America was able to triple its wealth management revenue between 2006 and 2018. In 2019, Merrill Lynch was on track to add more than 70,000 household clients to the company at an average of $1.4 million in assets per household.

Bank of America Going Easy on Merrill Lynch Advisers Makes Good Business Sense

Citizens Financial Group

U.S. banks have been stocking up on masks and other supplies and setting up acrylic barriers to prevent spreading the novel coronavirus as they ready their branches for the country's gradual reopening, executives and suppliers told Reuters.

U.S. banks prepare branches for gradual post-coronavirus re-opening

Last month, we suggested buying Bank of America at $21. Since then, the shares have skyrocketed.

Bank Of America: Buy It Now Before This Ship Sails

Amazon

NIKE

Starbucks

UnitedHealth Group

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

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Automatic Data Processing

Comcast

Enterprise Products Partners

General Dynamics

Prudential Financial

Taiwan Semiconductor Manufacturing

Tyson Foods

Ventas

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.

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Bristol-Myers

Look no further for attractive valuations, solid businesses, and great growth prospects.

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UBS Group AG

An asset quality review and a stress test on subsidiaries of UBS  and Bank of America  revealed no capital shortfall, the European Central Bank said on Friday, clearing a hurdle for the banks to relocate activities to Europe from Britain.

UBS and Bank of America units clear ECB stress test

The market is having an excellent day, but the banks are a standout.

News for Bank of America Stock (BAC)