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.

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Current assets

Cash & equivalents

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Intangibles

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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

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Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Blackstone Group

JPMorgan Chase & Co

JPMorgan CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Standard Chartered CEO Bill Winters and Blackstone CEO Steve Schwarzman met Chinese Premier Li Qiang on the first day of the World Economic Forum meeting on Tuesday.

JPMorgan's Dimon, top bankers meet China's Li, Ukraine's Zelenskiy in Davos

Citigroup

Goldman Sachs

Morgan Stanley

Wells Fargo

This afternoon (or morning if you're in the States), Morgan Stanley and Goldman Sachs posted their financial results for the 2023 FY. The other financial services titans like JPMorgan, Citigroup and Wells Fargo all reported theirs last Friday.

Banking stocks' financial results this earnings season: the scars of 2023

Banks on Tuesday will urge the U.S. Federal Reserve to completely overhaul a draft rule hiking bank capital, in the latest leg of Wall Street's effort to water down the Basel Endgame proposal that bankers say will hurt the economy.

Big US banks to call on Fed to rewrite contentious bank capital rule

American Express

Mastercard

Visa

The credit cycle, as well as the business cycle in the United States economy, is getting underway for a major pivot coming into 2024. Whether you are a long-term investor or enjoy dabbling in and out of markets in trading, this new cycle could bring you several potential opportunities for your money to be deployed.

Rising credit card delinquencies make these stocks your safer bet

Bank of New York Mellon

Charles Schwab

Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies.

S&P 500 forecast for end of 2024

Apple

Chevron

Kraft Heinz

Coca-Cola

Occidental Petroleum

The Oracle of Omaha has overseen a nearly 4,500,000% return in his company's Class A shares (BRK.A) since becoming CEO in the mid-1960s. Dividend stocks are Berkshire Hathaway's unsung hero.

Warren Buffett Is Raking in $4.65 Billion in Annual Dividend Income From These 6 Stocks

Buffett is one of history's shrewdest and most successful dividend investors. Even though Apple's dividend yield is relatively small today, it generates huge income for Berkshire Hathaway.

Warren Buffett's Biggest Bets: 56.6% of Berkshire Hathaway's $359 Billion Portfolio Is Invested in These 2 Passive-Income-Generating Blue Chip Dividend Stocks

Bank of America shares have returned 28% since October 2023 when I argued for a "Buy", outperforming the S&P 500. Bank of America's Q4 results show strong earnings and a ~$33 billion decrease in paper losses in the securities portfolio. The outlook for interest rates in 2024 has shifted, setting BofA up for more upside in the bank's HTM asset portfolio.

Bank of America: Fed Pivot Reverses ~$33 Billion In Paper Losses, With More Upside Ahead

We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly 'noisy' big bank results.

Breaking Down Early Q4 Earnings Results

Coinbase

PepsiCo

Here are some of the major companies whose stocks moved on the week's news.

The Score: PepsiCo, Coinbase, Bank of America and More Stocks That Defined the Week

Bank of America Corporation (BAC) Q4 2023 Earnings Call Transcript

A slew of bank earnings from the largest financial institutions in the world were released this morning, providing insight into their Q4 and 2023 performance.

The Biggest Banks Reported Earnings Today: This One is the Clear Leader

Bank of America's digital evolution continues. The company posted December quarter results that showed digital volumes are on the upswing, as active digital users topped more than 46 million, up 4.5% from a year ago.

Bank of America: Zelle Volumes Surge 25% Year Over Year

Wells Fargo , Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their fourth-quarter earnings on Friday.

US banking giants shed over 17,000 employees in turbulent year

As interest rates fall, growing loans is getting more important, but also trickier.

Banks Can't Count on Loans For Growth

Improving trading numbers and marginal loan growth support BofA's (BAC) Q4 earnings, while higher funding costs, weakness in IB and rise in expenses and provisions act as headwinds.

BofA's (BAC) Q4 Earnings Beat, Weakness in NII & IB Hurts

The bank earnings floodgates have opened, and Bank of America Corp  (NYSE:BAC) is among the first to report results.

Bank of America Stock Lower on Revenue Miss

The headline numbers for Bank of America (BAC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bank of America (BAC) Reports Q4 Earnings: What Key Metrics Have to Say

Bank of America Corporation (BAC) has released its Q4 earnings report, revealing a mixed performance that defies Wall Street expectations. The financial giant posted adjusted earnings per share (EPS) of $0.70, beating the analyst estimate of $0.64.

Bank of America (BAC) beats Q4 earnings estimates despite income setbacks

The country's largest lenders showed signs that a boost from high Federal Reserve interest rates that had allowed them to make more on lending may be fading.

Big U.S. bank profits fall on insurance fund charges, falling lending margins

Bank of America (BAC) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.85 per share a year ago.

Bank of America (BAC) Surpasses Q4 Earnings Estimates

Bank of America Corp (NYSE:BAC) shares fell in Friday pre-market trading after it reported a decline in fourth-quarter revenue and earnings. The banking group posted revenue of $22 billion for the quarter to end December 2023, down 10% from a year earlier.

Bank of America shares fall on 4Q revenue and earnings decline

The U.S. lender posted net income of $3.1 billion, or 35 cents a share, for the three months ended Dec. 31. That compares with $7.1 billion, or 85 cents a share, a year earlier.

Bank of America profit falls on $3.7B in charges

Bank of America's fourth-quarter profit shrank as the lender took $3.7 billion in combined charges to refill a government deposit insurance fund and phase out a loan index.

Bank of America profit falls on $3.7 billion in charges

Bank of America Corp.'s stock BAC, -1.34% fell 3% early Friday, after the bank posted a steep decline in quarterly profit from a year ago and revenue that fell short of estimates. The Charlotte, N.C.

News for Bank of America Stock (BAC)