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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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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EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

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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 America's fourth-quarter profit shrank as the lender took $2.1 billion in charges to refill a government deposit insurance fund

Bank of America profit falls

Bank of America shares fell about 2% in premarketing trading on Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.

Bank of America shares fall after company reports lower fourth-quarter profit, hit by regulatory charge

CHARLOTTE, N.C. , Jan. 12, 2024 /PRNewswire/ -- Bank of America reported its fourth-quarter 2023 financial results today.

Bank of America Reports Fourth-Quarter 2023 Financial Results

Ally Financial

Ally stock is gaining customers that should provide it with years of further growth. Bank of America is Warren Buffett's favorite bank stock.

2 Incredibly Cheap Bank Stocks to Buy Now

Apple

American Express

Coca-Cola

The Oracle of Omaha has been delivering outsized returns for Berkshire Hathaway's shareholders since becoming CEO nearly six decades ago. Portfolio concentration has been a key factor that's propelled Berkshire's outperformance.

71% of Warren Buffett's $358 Billion Portfolio Is Invested in Only 4 Stocks

Citigroup

Delta Air Lines

JPMorgan Chase & Co

UnitedHealth Group

Wells Fargo

We turn our attention to Q4 earnings season, which picks up steam Friday morning before the opening bell.

Q4 Earnings from Wall Street On Deck: JPMorgan, Citi, BofA and Wells Fargo

Goldman Sachs

Morgan Stanley

Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season.

Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs

Core CPI year over year of +3.9% is the first sub-4% print since May 2021.

CPI Warmer than Expected; Jobless Claims Stay Low

Chevron

The company's products and services also comprise: Merchant acquisition and processing Servicing and settlement Point-of-sale marketing Information products and services for merchants Fraud prevention services and the design and operation of customer loyalty programs Berkshire Hathaway owns 151,610,700 shares, which is 20.8 % of American Express's float, and 8% of the portfolio.

5 Blue Chip Dividend Stocks Make Up a Massive 75% of Warren Buffett's Portfolio

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

How Will Bank ETFs Perform in Light of Q4 Earnings?

Berkshire Hathaway's trading history with Bank of America stock has been unusual, but it has yielded fantastic results. Coca-Cola could be the dividend stock to quench investors' thirst for passive income.

2 Warren Buffett Dividend Stocks to Buy in 2024 and Hold Forever

CNBC's Jim Cramer has an eye toward Friday's earnings reports from JPMorgan, Bank of America, Citigroup and Wells Fargo.

What to look for when the major banks report earnings, according to Jim Cramer

PNC Financial Services

The Federal Reserve suggested that interest rates might be slashed in 2024. This should stimulate demand for loans, relieve pressure on borrowers, and encourage investment banking activity.

Here's Why Bank of America, PNC, and Wells Fargo Stock Surged Last Month

KB Home

Among big news on deck this week are CPI and PPI data, Weekly Jobless Claims and the start of Q4 earnings season.

Quiet Before the Economic Data Storm

Four banks broke out ahead of Q4 results. BAC, top bank ETF near buy points.

Banks Near Buy Points Ahead Of Q4 Launch; Wells Fargo Runs Against The Grain

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

BASF SE

Brookfield Renewable Partners

B&G Foods

Bank of Montreal

Bayerische Motoren Werke AG

Bank of Nova Scotia

BRT Apartments

Blackstone Group

Colgate-Palmolive

Canadian Imperial Bank of Commerce

Cisco Systems

The S&P500 delivered a strong year-end rally, gaining 4.5% in December and 26.3% for the year.

My Dividend Stock Portfolio: New December Dividend Record - 98 Holdings With 18 Buys

EPR Properties

Live Oak Bancshares

Bank of America's diverse customer base gives it competitive advantages. Live Oak Bancshares specializes in specific parts of the small business loan market.

3 Great Dividend Stocks You Can Buy for Less Than $50

Higher rates and modest trading and IB performances are expected to have supported BofA's (BAC) Q4 earnings amid higher provisions and non-interest expenses.

High Rates, Loans, IB, Trading to Aid BofA (BAC) Q4 Earnings

Banks kick off the US fourth-quarter earnings season this week, with JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Bank of America Corp (NYSE:BAC) reporting on Friday. After strong 3Q earnings, bolstered by a confluence of factors including higher interest rates and resilient performance in key business segments, the focus will turn towards the likes of any increase in consumer impairments, shareholder returns, the progress of dealmaking activity and the outlook for the coming quarters, according to Richard Hunter, head of markets at interactive investor.

Big US banks expected to turn in higher revenue, mixed earnings as 4Q reporting season kicks off

U.S. banking giants are expected this week to report lower profits for the fourth quarter after they set money aside to cover souring loans while also paying more to depositors.

US banks' profits to shrink as they brace for souring loans

BofA (BAC) will incur a net non-cash pre-tax charge of $1.6 billion in Q4. The stoppage of BSBY affects the accounting treatment of transactions that were completed using the index.

BofA (BAC) to Incur $1.6B Charge in Q4 Tied to Libor Transition

New Data-Driven Tool Empowers Corporate and Commercial Clients to Make Strategic Decisions, Drive Cost Savings and Efficiencies NEW YORK , Jan. 9, 2024 /PRNewswire/ -- Bank of America today announced the launch of CashPro Insights, a digital tool that analyzes information flowing through the CashPro platform. Through data-driven intelligence, clients are presented with insights that empower them to make more informed treasury decisions and drive cost savings and efficiencies.

BofA Launches CashPro® Insights - Latest Digital Innovation for Treasury Management

Bank of America (BAC) concluded the recent trading session at $34.16, signifying a -0.78% move from its prior day's close.

Bank of America (BAC) Stock Falls Amid Market Uptick: What Investors Need to Know

U.S. banks are expected to dominate corporate bond issuance following several major players' earnings on Friday and early next week, according to bond investors and analysts.

Big US banks to headline corporate bond calendar after earnings

Alaska Air Group

Spirit Airlines

We start another new week of trading looking at a backloaded set of data: the consequential Consumer Price Index (CPI) comes out this Thursday, followed by the Producer Price Index (PPI) for Friday — both reflecting results from December. We'll also see a slow trickle of quarterly earnings reports this week until the spigot opens Friday morning with Q4 results from some of the biggest Wall Street banks.

News for Bank of America Stock (BAC)