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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Purchase/sale of investments

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Free cash flow

Over 42 million customers have used Bank of America's virtual financial assistant more than 2 billion times since its launch in 2018, the lender said on Monday.

BofA says its virtual financial assistant used more than 2 billion times

Clients engage with the company's virtual assistant 2 million times per day for help with everyday financial needs, and the occasional joke CHARLOTTE, N.C. , April 8, 2024 /PRNewswire/ -- More than 2 billion since 2018.

BofA's Erica Surpasses 2 Billion Interactions, Helping 42 Million Clients Since Launch

Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of America to split the CEO and chairman roles held by Brian Moynihan.

BofA urged by proxy advisers to split CEO, chair roles

Bank of America (BAC) likely to face a lawsuit for not refunding overdraft fees to customers who faced financial hardship during the pandemic, as promised.

BofA (BAC) Might Face Suit for Failing to Refund Overdraft Fees

Bank of America's stock is now at fair value, UBS says. Here's what you need to know.

Bank of America Gets Downgraded Ahead of Earnings: What You Need to Know

Bank of America Corp.'s paper loss on its Held-to-Maturity bonds most likely reached $110 billion during the first quarter from $98 billion at the end of the year, Barron's reported.

Bank of America's paper loss on its bond portfolio reaches $110 bln and outpaces other banks: report

Bank of America Corp. on Thursday drew a downgrade to neutral from buy at UBS because the stock offers “limited upside” over the next 12 months, after a roughly 12% gain so far this year.

Bank of America faces ‘rate trap' as UBS downgrades megabank to neutral from buy

Bank of America must face a lawsuit claiming it reneged on a promise to refund overdraft fees to customers facing financial hardship because of the COVID-19 pandemic.

Bank of America must face overdraft fee refund lawsuit

Chevron

Occidental Petroleum

Bank of America may seem like it's on the defense, but it's being underestimated. Tesla brought electric vehicles into the mainstream.

3 Warren Buffett Stocks to Buy Hand Over Fist in April

JPMorgan Chase & Co

U.S. Bancorp

In March, I discussed three reasons why most investors should never buy bank stocks. Banks' balance sheets and income statements need to be simpler for most do-it-yourself investors to understand.

Royal Returns: 3 Dividend Aristocrat Bank Stocks for Income Investors

Barnes Group

CME Group

The global economy is taking a turn this quarter, with the United States and China leading the way. After reporting a year of consecutive contraction, the U.S. manufacturing sector has finally pushed out its first expansionary reading during March 2024.

3 Manufacturing Stocks Leading the Export Wave

Citigroup

ITOCHU Corp

Buffett has sung the praises of five Japanese stocks in Berkshire Hathaway's portfolio. Two of the legendary investor's biggest bank stocks look attractive.

The Best Warren Buffett Stocks to Buy With $100 Right Now

Diageo

Kraft Heinz

Coca-Cola

Kroger

Procter & Gamble

Diageo plc (NYSE: DEO) is one of the largest producers of alcoholic beverages in the world and pays a solid 2.70% dividend.

Sell The Rally Now and Move To These 6 Warren Buffett Top Dividend Winners

The latest trading day saw Bank of America (BAC) settling at $37.52, representing a -1.05% change from its previous close.

Why Bank of America (BAC) Dipped More Than Broader Market Today

A price target boost followed an upward revision to per-share earnings. The influential lender remains a buy, according to the prognosticator.

1 Wall Street Analyst Thinks Bank of America Stock Is Going to $44. Is It a Buy at Around $37?

FedEx

Goldman Sachs

Investors have a few ways to get their money back once they invest in a stock. The most common way to collect returns is simply to sell a stock – hopefully – at a higher price.

3 Companies Buying Back Stock Before New Highs

Alibaba

Bank of Montreal

BYD Co Ltd

JD.com

Oaktree Specialty Lending

Toronto-Dominion Bank

Vanguard Real Estate ETF

Tech stocks are running hot in 2024, with the NASDAQ-100 approaching 40 times earnings. Most tech companies haven't delivered the kinds of results that justify such valuations. For this reason, I'm prioritizing income for fresh buys in 2024. This includes dividend stocks as well as term deposits.

Why I'm Greedily Buying Income In 2024

Bank of America Corp (NYSE: BAC) has gained about 50% since late October but a Wells Fargo analyst is convinced it is not out of juice just yet.

Bank of America stock price target raised ahead of Q1 earnings

New York Community Bancorp

Sheila Bair, who led the Federal Deposit Insurance Corp. through the bank failures of the 2008 Global Financial Crisis, said this week that regulators should support the survival of big regional banks by encouraging mergers instead of scrutinizing deals more closely.

Ex-FDIC Chair Sheila Bair says it's wrong for regulators to ‘discourage' regional bank mergers

Apple

Dividend stocks have crushed non-payers in the return column during the past 50 years. One of Warren Buffett's not-so-subtle secrets to success has been littering his company's $370 billion investment portfolio with income stocks.

Warren Buffett Is Raking In $4.36 Billion in Annual Dividend Income From These 5 Stocks

iShares Russell 2000 ETF

NVIDIA

Invesco QQQ

SPDR S&P 500 ETF Trust

There are several compelling reasons for investors to reconsider when it comes to small-caps. Strategist Andrew Rocco unveils 5 catalysts including Federal Reserve policy and poor sentiment.

Small-cap Opportunity in 24' (Watch these 5 Catalysts)

PNC Financial Services

Bank of America Corp.'s double-digit percentage stock runup in the last six months has prompted a ratings cut to hold from buy at HSBC, analyst Saul Martinez said Thursday in a research note.

Bank of America downgraded after hot stock run, while U.S. Bancorp and PNC get boost

Autoliv

AppLovin Corp

Aptiv

Broadcom

Bill.com

Bank of New York Mellon

Booking Hlds

Canopy Growth

Trump Media & Technology Group Corp

DocuSign

Electronic Arts

GameStop

Home Depot

Intel

Keysight

Marvell Technology

MicroStrategy Incorporated

NetApp

Okta

Reddit Inc

That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.

It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.

Partnership with Community Reinvestment Fund, USA, Provides Access to 150 CDFIs and Business Support Organizations CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Bank of America has launched a new Access to Capital Connector, an online platform designed to help entrepreneurs and small business owners start and maintain strong and resilient businesses by linking them directly to local Community Development Financial Institutions (CDFIs) and other business support organizations for capital, coaching and support.

New BofA Platform Connects Small Businesses to CDFI Capital and Coaching

MercadoLibre

The financial sector offers tons of long-term potential. Emerging markets could fuel strong returns.

News for Bank of America Stock (BAC)