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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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.

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Cost of revenue

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SG&A

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Intangibles

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Income tax payable

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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

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bank Of America is scheduled to report earnings before Tuesday's open. The stock hit a record high of $55.08 in 2006 and is currently trading near $42/share.

Earnings Preview: What To Expect From Bank Of America

Bank of America Corporation BAC is scheduled to release its second-quarter financial results, before the opening bell on Tuesday, July 16.

Bank of America Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Goldman Sachs

Las Vegas Sands

Penske Automotive Group

State Street

24/7 Insights Second quarter earnings season will start in earnest this week Solid earnings from top companies are a requirement for the current rally to stay in place Snag this free report today Access 2 legendary, high-yield dividend stocks Wall Street loves After over 10 years of a low-interest rate environment, which has reversed significantly over the last two years, many investors continue to turn to equities for growth potential and solid and dependable dividends.

5 Wall Street Blue Chip Giants Are Likely Raising Their Dividends This Week

Bank of America recently passed its 2024 Federal Reserve stress test. If the Fed cuts interest rates, that could boost Bank of America's business.

This Bank Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?

Broadcom

American Express

Brown & Brown

Carlisle Companies

Cintas Corp

Dick's Sporting Goods

Comfort Systems USA

Hess Midstream Partners

Hartford Financial Services Group

Hamilton Lane

Eli Lilly

Microsoft

NRG Energy

NetApp

Owens Corning

QUALCOMM

Tetra Tech

Wingstop

This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks: July 2024

Hershey

Sanofi

Investors have been running on a high for the last several months as all major U.S.

Four Blue Chip Stocks To Buy Now And Hold For Forever

Apple

D.R. Horton

Investors seeking long-term stocks to buy and hold may certainly have trouble finding companies with attractive valuations in sectors with enough growth to consider. Various AI stocks are overpriced, and some of the more beaten-down areas of the market are ones many investors are avoiding for a reason.

3 Long-Term Stocks to Buy Before Interest Rates Drop

Bank of America Corporation BAC will release its second-quarter financial results, before the opening bell on Tuesday, July 16.

How To Earn $500 A Month From Bank of America Stock Ahead Of Q2 Earnings

Citigroup

JPMorgan Chase & Co

Wells Fargo

Big bank earnings kick off Friday with Citi (C), Wells Fargo (WFC) and JPMorgan Chase (JPM) reporting their second-quarter results. Bank of America (BAC) is set to follow on Tuesday.

What You Need To Know Ahead Of Big Bank Earnings This Week

Bank of America Corporation stock price may rise further on Q2 earnings. A strong balance sheet, robust interest income and diverse operations, position Bank of America Corporation for another strong quarter. The valuation is still quite attractive judging by the above-average dividend yields despite the large recent price rallies.

Bank of America: Buy Before It Climbs More After Q2 Earnings

Bank of America shares have outperformed the market, indicating strong operational performance and market positioning. The bank is gaining market share in investment banking and capital markets, with expectations of rebounding dealmaking activities as interest rates decrease. I believe earnings expectations for the upcoming quarter are conservative, with potential for higher EPS due to increased deal flow and better NII margins.

Bank of America Q2 Earnings Preview: Lower Interest Rates, Better Stock

The second-quarter 2024 earnings for the Finance sector start tomorrow, with three big banks – JPMorgan JPM, Citigroup C, and Wells Fargo WFC – slated to announce quarterly numbers. Another big bank, Bank of America BAC, will come up with results on Jul 16.

Should You Buy JPM, C & Other Big Bank Stocks Before Q2 Earnings?

Beyond analysts' top -and-bottom-line estimates for Bank of America (BAC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

Unveiling Bank of America (BAC) Q2 Outlook: Wall Street Estimates for Key Metrics

New On-Demand Service Includes Investigation Capabilities that Improve Ease of Doing Business NEW YORK , July 11, 2024 /PRNewswire/ -- When it comes to finding, analyzing and acting on their company's financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal finances. That's why today, Bank of America is unveiling a powerful transaction search engine with integrated investigation capabilities on CashPro.

BofA Unveils Intelligent Transaction Search on CashPro®

Bank of America Corporation and other large bank stocks are trading at multi-year highs despite economic concerns and potential rate cuts. The large bank is expected to report a decrease in EPS for Q2, with challenges in NII and asset quality making for a cloudy position. The stock is overbought and trading at multi-year highs, decreasing the interest of being in Bank of America here.

Bank of America: Time For A Pause Heading Into Q2 (Rating Downgrade)

One of the biggest banks in the United States, Bank of America BAC, is scheduled to announce second-quarter 2024 results on Jul 16, before the opening bell. With the BAC stock trading near a two-year high of $41.42, should you buy it ahead of its second-quarter results?

Is Bank of America (BAC) Stock a Buy Before Q2 Earnings?

Better Money Habits® Survey Indicates Younger Americans are Delaying Milestones and Implementing Lifestyle Changes to Adapt to Today's Economic Realities CHARLOTTE, N.C. , July 10, 2024 /PRNewswire/ -- Today, 46% of Gen Zers (ages 18-27) rely on financial assistance from parents and family, according to new research from Bank of America America's Better Money Habits® financial education team.

Parent Trap: Nearly Half of Adult Gen Zers Getting Financial Help from Mom & Dad, According to BofA Study

Some of the largest U.S. banks will probably report weaker profits for the second quarter as they earn less from interest payments and set aside more money to cover deteriorating loans, analysts said.

JPMorgan and Bank of America are on track to report weaker profits in Q2

Bank of America investors have outperformed the S&P 500 recently. BofA has a solid banking franchise, benefiting from a higher-for-longer Fed. BAC's exposure to CRE loans is expected to remain well-controlled.

Bank of America: Let Your Winners Run

Bank of America (BAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Bank of America (BAC) Q2 Earnings Expected to Decline

CHARLOTTE, N.C. , July 9, 2024 /PRNewswire/ -- As previously announced, Bank of America will report its second-quarter 2024 financial results on Tuesday, July 16.

Bank of America to Report Second-Quarter 2024 Financial Results and Host Investor Conference Call on July 16

Bank of America has continued to outperform smaller, more spread-dependent banks, and Q2'24 should be the low point for NIM and net interest income. Leveraging past investments into technology, Bank of America should be able to pair slightly above-average revenue growth with above-average operating leverage, driving high single-digit pre-provision growth in '25-'26. Bank of America has opportunities to leverage growth in trading and investment banking that may not be fully appreciated, as well as core consumer growth opportunities in wealth and cards.

Bank of America Should Outperform On Core Growth In '25-'26, But Is That Priced In?

The upcoming US bank earnings season could bring a tidal shift for Bank of America Corp (NYSE:BAC), analysts at UBS said.  So far this year, investor enthusiasm for BofA shares seem to lag that for money center bank rivals Citigroup, Wells Fargo and JPMorgan Chase, the analysts noted, though all four stocks have performed fairly in-line with one another.

Bank of America and JPMorgan the ones to watch as US bank earnings season kicks off

UBS analysts on Monday called Bank of America Corp. the “most interesting money center,” as major banks approach second-quarter earnings season later this week.

UBS leans into Bank of America ahead of micro-focused bank earnings

LPL Financial Hlds

Raymond James

Charles Schwab

JPMorgan Chase & Co. on Monday drew a downgrade to peer perform while Bank of America Corp. was highlighted as a top pick at Wolfe Research before the big banks deliver profit updates in the coming days.

News for Bank of America Stock (BAC)