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

Bank of New York Mellon

Johnson & Johnson

PNC Financial Services

United Continental Hlds

We have narrowed our search to five large-cap stocks that are poised to beat on earnings results this week. These are: BAC, JNJ, UAL, PNC, BK.

5 U.S. Bigwigs Likely to Gain on Q1 Earnings Beat This Week

Buffett's conglomerate has a massive stake in Bank of America. BofA has a competitive edge, but it's exposed to macro factors.

Should You Buy This Top Warren Buffett Stock With $100 Right Now?

Taiwan Semiconductor Manufacturing

This article is merely meant to talk about two companies that I'll have my eyes on for earnings.

2 Earnings to Watch for Next Week

Kinder Morgan

The banking industry is going through a bit of a rough patch, but Bank of America has survived tougher challenges. Pipeline company Kinder Morgan is poised to benefit from its bright future regardless of future commodity prices.

Got $500? 3 Value Stocks to Buy and Hold Forever

The latest trading day saw Bank of America (BAC) settling at $35.79, representing a -1.54% change from its previous close.

Bank of America (BAC) Declines More Than Market: Some Information for Investors

Bank of America (BAC) will report its first quarter earnings on Tuesday. The company's financials may receive a boost from higher trading and market-making activities thanks to rising stock markets, but analysts expect net interest income to shrink despite higher interest rates.

What You Need To Know Ahead of Bank of America's Earnings

CHARLOTTE, N.C. , April 12, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on April 22, 2024 all $600,000,000 principal amount outstanding of its Floating Rate Senior Notes, due April 2025 (CUSIP No.

Bank of America Announces Redemptions of Floating Rate Senior Notes Due April 2025 and 0.976% Fixed/Floating Rate Senior Notes Due April 2025

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The uncertain trajectory of interest rates is making it hard for U.S. banks to forecast profits and leading some to adopt a cautious stance for the remainder of the year.

US banks' profit picture less clear with cloudy rates trajectory

Nasdaq Composite Closes At All-Time Highs. Bank Stocks Get Earnings Started. Gold And Silver Continue Rallying.

Earnings Season Kicks Off With Banks Stocks

New York Community Bancorp

Valley National

JPMorgan Chase, the nation's largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

What to expect from bank earnings as high interest rates pressure smaller players

Evaluate the expected performance of Bank of America (BAC) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Unlocking Q1 Potential of Bank of America (BAC): Exploring Wall Street Estimates for Key Metrics

Bank of America is expected to exceed profit estimates in Q1 2024 due to a favorable economic and monetary environment. The bank's consumer loan origination is expected to benefit from long-term easing of inflation and strong job creation. Bank of America's stock is in a promising technical setup, suggesting a potential breakout to the upside.

Bank of America: Why I Am Going All-In Now (Technical Analysis)

Big lenders raked in record profits in 2023, but are dealing with growing pressures this year.

Banks Start Reporting Earnings This Week. Here's What To Expect.

Bank of America (BAC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Bank of America (BAC) Beat Estimates Again in Its Next Earnings Report?

A three-year high in equity follow-on issuance as well as spikes in leveraged loans, high-yield bonds and investment-grade loan issuance may fuel an expected rise in investment banking revenue at the largest U.S. banks, Moody's said Wednesday.

‘Much improved' investment-banking revenue awaits big Wall Street banks: Moodys

Higher rates, decent loan demand and modest improvement in IB business are likely to have aided BofA's (BAC) Q1 earnings amid high funding costs, weakness in trading business and high provisions.

High Rates, Loans, IB to Support BofA's (BAC) Q1 Earnings

As U.S. banking giants prepare to report slightly lower first-quarter profits, investors will focus on how much more income executives expect from interest payments this year.

As US bank profits drop, focus shifts to interest income outlook

PulteGroup

Tesla

Buyers of 10-year Treasury notes are betting the U.S. Federal Reserve is not finished raising interest rates. That's because the yield on the notes has kept rising even though Fed Chairman Jerome Powell has repeatedly and strongly suggested that the central bank is done raising rates.

3 Stocks to Avoid Like the Plague if Interest Rates Keep Rising

Analysts are focusing on the big U.S. banks' net interest income as a good indication of their overall health.

Bank Earnings Are Here Again. Keep Your Eyes on This Metric.

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.

Analysts Estimate Bank of America (BAC) to Report a Decline in Earnings: What to Look Out for

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

Bank of America to Report First-Quarter 2024 Financial Results on April 16

In the closing of the recent trading day, Bank of America (BAC) stood at $37.50, denoting a +1.05% change from the preceding trading day.

Bank of America (BAC) Ascends While Market Falls: Some Facts to Note

CHARLOTTE, N.C. , April 8, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.36991 April 30 May 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,531.00267 May 31 June 17 Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,531.00267 May 31 June 17 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U $22.81552 May 15 June 3 Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.39684 May 15 May 28 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.39059 May 15 May 28 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.39684 May 15 May 28 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.37973 May 1 May 21 6.000% Non-Cumulative Preferred Stock, Series GG $0.3750000 May 1 May 16 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ $25.6250000 June 1 June 20 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 June 1 June 25 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125000 June 1 June 17 4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 May 1 May 17 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 May 1 May 17 Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

Bank of America Declares Preferred Stock Dividends for Second Quarter 2024

Bank of America's virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients' use of the virtual assistant has accelerated since its launch in 2018, the bank said in a Monday (April 8) press release.

Bank of America's Virtual Assistant Reaches 2 Million Interactions Per Day

Bank of America (BAC), Goldman Sachs (GS) and Citigroup Inc. (C) are competing to win Australian pension funds' overseas investment hedging business.

News for Bank of America Stock (BAC)