Revenue segments as reported by the company.

Net interest income

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

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Year over year growth in Revenue and Operating Expenses.

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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.

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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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Bank of America has shown strong earnings and revenue growth, driven by trading revenues and investment banking fees, despite weaknesses in net interest income. BAC stock is attractively valued compared to peers, with a price-book ratio of 1.202x, but the stock does have a higher forward P/E ratio than important financial peers. Technical analysis suggests the potential for a 17.82% rally to $50.11, supported by key Fibonacci retracement levels and a favorable RSI reading.

Bank of America: Bull Rally Strength Continues (Technical Analysis)(Rating Upgrade)

Bank of America Corporation (NYSE:BAC ) BancAnalysts Association of Boston Conference November 7, 2024 4:35 PM ET Company Participants Holly O'Neill - President of Retail Banking Aron Levine - President of Preferred Banking David Tyrie - Chief Digital Officer and Chief Marketing Officer Mary Hines Droesch - Head of Product for Consumer, Business, Wealth Management, Banking and Lending Lee McEntire - Investor Relations and Local Markets Organization Executive Conference Call Participants Gerard Cassidy - RBC Capital Markets Mike Mayo - Wells Fargo Chris Kotowski - Oppenheimer & Co. Glenn Schorr - Evercore ISI Vivek Juneja - JPMorgan Dick Manuel - Colombia Gerard Cassidy So following tonight's presentation from Bank of America, they've been kind enough once again to host their dinner over at their building. And for some of you that are from the local area, it's known as the Pregnant Building, of course, when Bank of Boston built it many, many decades ago.

Bank of America Corporation (BAC) BancAnalysts Association of Boston Conference (Transcript)

On November 8, 2024, Citi analysts upgraded Bank of America (NYSE: BAC) from Neutral to Buy, setting a new price target of $54, up from $46. This revision, prompted by expectations of a favorable regulatory and interest rate environment, points to a potential upside of 20% from BAC's current trading price.

Citi upgrades Bank of America to ‘Buy': can BofA stock keep climbing?

Allianz SE

Ares Capital

ING Groep NV

Johnson & Johnson

JPMorgan Chase & Co

LyondellBasell Industries

Altria

National Retail Properties

Realty Income Corp

Pfizer

Rio Tinto plc Sponsored

AT&T

Verizon

I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend income due to having an elevated Dividend Yield. I believe that the selected companies can deliver investors sustainable dividend income, evidenced by their relatively low Payout Ratios and strong track record of dividend enhancements.

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

Zacks.com users have recently been watching Bank of America (BAC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Trending Stock Bank of America Corporation (BAC) a Buy Now?

Citigroup

Goldman Sachs

Morgan Stanley

Vanguard Financials ETF

Wells Fargo

Financial Select Sector SPDR Fund

After Donald Trump's decisive win in the 2024 U.S. presidential election, Wall Street reacted strongly, particularly in the financial sector. The Financial Select Sector SPDR Fund XLF rose 4.84%, while the Vanguard Financials Index Fund ETF VFH gained 5.33% in early Wednesday trading.

Trump Victory Sends Bank Stocks Higher, Leading S&P 500 On Regulatory Hopes

Capital One

Visa

Bank stocks soared after Donald Trump won the U.S. presidential election on expectations of an easier regulatory backdrop.

Why Bank of America, Visa, and Capital One Are Ripping After a Trump Victory

These two banking titans combine cutting-edge AI platforms with attractive valuations, offering investors a chance to profit from the future of automated finance.

2 Bank Stocks Leading the Artificial Intelligence Revolution

Citigroup, Bank of America and Wells Fargo advanced in overnight trading on brokerage Robinhood. The move comes as investors bet on Donald Trump's victory in the presidential election.

Bank stocks advance in overnight trading as traders bet on less regulation in a Trump presidency

Apple

24/7 Wall St. Insights: The election results could spark market turbulence Raising cash makes sense after a 2-year market rally Sit back and let dividends do the heavy lifting for a simple, steady path to serious wealth creation over time.

Warren Buffett Selling Millions of Shares -Does He See a Market Crash ? 4 Safe Haven Dividend Stocks

Since the dawning of its Depression-era San Francisco roots, Bank of America (NYSE: BAC) has weathered close to a century of wars and financial upheavals to rise as one of the stop financial institutions in the US, ranking #2 behind JP Morgan Chase by asset size.

Bank of America (BAC) Price Prediction and Forecast

Find out how the U.S. presidential election and imminent interest rate cuts will impact Bank of America stock.

How to Play BAC Stock Ahead of U.S. Presidential Poll and Rate Cuts?

Ally Financial

Chevron

Diageo

Jefferies Financial Group Inc

Kraft Heinz

Coca-Cola

Kroger

Lennar

Occidental Petroleum

Paramount Global

Sirius XM Holdings Inc

This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 10/28/24, the top-ten ranged 2.16%-4.55% by annual-yield, and 32 of 41 ranged 0.21%-36.82% in broker-estimated target-price-upsides. Analyst-estimated top-ten net-gains from BRK's October divi-dogs ranged 8.18%-27.54% from JEF, V, SIRI, KO, LEN, CVX, ALLY, C, KHC, and OXY, per YCharts.

Buy 2 October Berkshire DiviDogs And Watch 6 More

Bank of America may ask a court to resolve the Consumer Financial Protection Bureau's (CFPB) investigation of the bank's processing of payments through the Zelle network. The bank said in a Tuesday (Oct. 29) filing with the Securities and Exchange Commission (SEC) that it has been responding to the CFPB's inquiry.

Bank of America Says CFPB's Zelle Investigation May Lead to Litigation

Chubb

The Oracle of Omaha has shed more than 266 million shares of Bank of America in favor of another market leader in the financial sector.

Billionaire Warren Buffett Sold 26% of Berkshire's Stake in Bank of America and Is Piling Into a Financial Juggernaut That's Soared 33,000% Since Its IPO

Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of low interest rates is, arguably, over. One mainstay?

BofA: CFOs and Treasurers Need New Approach to Liquidity Amid Interest Rate Volatility

Bank of America said on Tuesday it was considering suing a U.S. consumer watchdog over the agency's inquiry into the bank's processing of funds through the Zelle payment app.

BofA considers suing US consumer watchdog over Zelle inquiry

If You Were Defrauded By Barred Financial Advisor Rajesh Markan, Contact the Law Firm of KlaymanToskes LOS ANGELES, CA / ACCESSWIRE / October 29, 2024 / National investment loss and securities lawyers KlaymanToskes issues an important notice to customers of financial advisor Rajesh Markan, formerly of Merrill Lynch, a division of Bank of America (NYSE:BAC). The law firm is representing numerous customers of Markan and has filed multiple customer complaints with the Financial Industry Regulatory Authority ("FINRA") alleging that Markan misappropriated their monies.

Important Notice to Rajesh Markan Clients

Hilltop Holdings

If Your Funds Were Misappropriated By Financial Advisor Rajesh Markan, Contact the Law Firm of KlaymanToskes DALLAS, TX / ACCESSWIRE / October 29, 2024 / National investment loss and securities law firm KlaymanToskes is investigating barred financial advisor Rajesh Markan, of Merrill Lynch, a division of Bank of America (NYSE:BAC), and Hilltop Securities (NYSE:HTH), who is facing several pending customer complaints alleging over $3,000,000 in collective investor damages. The law firm is representing numerous customers of Markan and has filed multiple customer complaints with the Financial Industry Regulatory Authority ("FINRA") alleging that Markan misappropriated their monies.

Notice To Customers of Rajesh Markan Who Had Their Funds Misappropriated

Bank of America has appointed 30-year veteran Brian Weinstein to a newly created role as head of its EMEA Global Markets division, according to a memo seen by Reuters on Monday.

BofA appoints insider Brian Weinstein to lead its EMEA global markets division

American Express

Nearly $193 billion of the $313 billion investment portfolio Warren Buffett oversees at Berkshire Hathaway can be traced to four market-leading businesses.

62% of Warren Buffett's $313 Billion Portfolio Is Invested in These 4 Magnificent Stocks

The Oracle of Omaha's genius remains rooted in a combination of simplicity and patience.

The Best Warren Buffett Stocks to Buy With $1,000 Right Now

Market watchers have been trying to understand the thinking behind Berkshire Hathaway's sales of its two largest equity holdings.

Did Warren Buffett Send the Market a Warning With Berkshire's Sales of Apple and Bank of America? Here's What Billionaire Investor David Einhorn Thinks

CEO Brian Moynihan seems to be doing much of nothing.

Activist investors may be targeting Too Big to Fail lender Bank of America

Dublin, Oct. 25, 2024 (GLOBE NEWSWIRE) -- The "Commercial Banking Market Report 2024" report has been added to ResearchAndMarkets.com's offering. This Commercial Banking industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The commercial banking market size has grown rapidly in recent years. It will grow from $3.35 trillion in 2023 to $3.84 trillion in 2024 at a compound annual growth rate (CAGR) of 14.5%. The growth during the historic period can be attributed to several factors such as the rise in global trade among countries, the increasing digitization of the banking sector, the growing threat of cyber-attacks and the need for enhanced cybersecurity measures, a heightened focus on environmental, social, and governance (ESG) criteria, and improved bank profitability. North America was the largest region in the commercial banking market in 2023. The commercial banking market size is expected to see rapid growth in the next few years. It will grow to $6.65 trillion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to several factors such as increasing economic stability and integration into global markets, a growing need for business loans and financial services, rising interest rates, a heightened demand for financial services, and the expansion of internet banking.

Commercial Banking Market Review 2018-2023 & Forecast to 2033 by Product, Function & Application with Profiles of Key Players - JPMorgan Chase, Bank of America, Agriculture Bank of China & More

News for Bank of America Stock (BAC)