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.

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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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Stockholders equity

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Purchase/sale of investments

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Apple

Warren Buffett doesn't mind holding a concentrated portfolio.   Buffett continues to demonstrate an incredible level of conviction in a very small number of stocks.

Warren Buffett's Biggest Bets in 2024: 57.4% of Berkshire Hathaway's $367.5 Billion Stock Portfolio Is Held in Just 2 Stocks

AbbVie

Lowe's

AbbVie is a Dividend King that's poised to return to solid growth. Bank of America has a strong record of dividend increases.

3 Top Dividend Growth Stocks to Buy in 2024

Coca-Cola European Partners plc

CRH PLC

EOG Resources

Goldman Sachs

Morgan Stanley

NextEra Energy

SPDR S&P 500 ETF Trust

Truist Financial

Texas Instruments

Vanguard High Dividend Yield ETF

Essential Utilities

My Top 10 High Yield Dividend Stocks For January 2024

Coca-Cola

Southern Company

Southern is a top utility, boasting strong financials that investors can rely on for long-term stability. Coca-Cola is one of the safest dividend stocks to own, with a robust business and impressive margins.

3 High-Yielding Dividend Stocks to Buy and Hold for Years

Chevron

Helmerich & Payne

Kraft Heinz

The best Warren Buffett dividend stocks are expected to produce impressive returns for the Berkshire Hathaway equity portfolio. Here are five with healthy yields.

The Best Warren Buffett Dividend Stocks

American Express

With 2023 about to conclude and the new year just around the corner, it is time to take a closer look at the most prominent figures in the stock market and how the stocks in the portfolio of one of the world's foremost stock investors, Warren Buffett, fared in 2023.

Revealed: Warren Buffett's stock portfolio performance in 2023

Alexandria Real Estate Equities

Crown Castle International

Deutsche Bank

JPMorgan Chase & Co

UBS Group AG

Vanguard Real Estate ETF

REITs crashed due to rising interest rates. But they are now set to recover as interest rates are cut. The window of opportunity is closing. Now could be your last chance to buy REITs at these low prices.

Why REITs Will Likely Surge In 2024

B2Gold

Canaan Inc.

Carnival

Chewy

First Solar

General Motors

While inflation may have been the theme of 2022, disinflation could be the defining label for the outgoing year, thus warranting a closer examination of stocks to buy for lower interest rates. To be sure, you want to be careful about betting too heavily on the monetary policy pivot.

7 Stocks to Buy if the Fed Goes Through With Interest Rate Cuts

Bank of America (BAC) closed at $33.86 in the latest trading session, marking no change from the prior day.

Bank of America (BAC) Flat As Market Gains: What You Should Know

Bank of America (BAC) is likely to benefit from rate cuts in 2024. The company's efforts to expand into new markets will aid growth.

Bank of America (BAC) Lags Peers YTD: Will It Turnaround in 2024?

Visa

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.

JPMorgan, Bank of America And Other Financial Stocks From Wall Street's Most Accurate Analysts - Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

American Tower

Blackstone Group

DigitalBridge Group

iStar Inc

REITs doubled after the 2020 crash. Valuations are today comparable, and some REITs could double again in the coming years. Here are two REITs that we are buying ahead of their recovery.

2 REITs That Could Soar In 2024

We had upgraded Bank Of America to a Buy in October. We had also stuck a buy on busted preferred shares. We tell you why we are moving to sidelines on both.

Bank Of America: Time To Take Profits

Comcast

McDonald's

PepsiCo

Target

Exxon Mobil

The company's restaurants offer: Hamburgers and cheeseburgers Chicken sandwiches and nuggets Wraps Fries Salads Oatmeal Shakes Desserts Sundaes Soft serve cones Bakery items Soft drinks, coffee, and beverages Biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches The company operates a stunning 40,275 McDonald's locations worldwide as of early 2023.

6 Dividend Stocks With Businesses Anyone Can Understand

Fiserv

MercadoLibre

Fintech stocks still have a lot of potential to deliver solid gains for investors. These companies are pioneering how we transact money and sometimes challenge the nature of money with the case of cryptocurrencies such as Bitcoin ( BTC-USD ).

3 Fintech Stocks You'll Regret Not Buying Soon: December Edition

Bank of America stock has outperformed the S&P 500 since my previous update in September, as I urged investors to capitalize on the market's pessimism. BAC's valuation has normalized significantly, trading at a forward-adjusted P/E of 10.5x. As a result, the best buy levels are likely gone at BAC's cyclical lows in October 2023. BofA anticipates improved NIM dynamics and expects higher rates to continue benefiting its earnings visibility in the medium term.

Bank of America: Don't Be Fooled Into Getting Out This Early

Bank of America's loan book and securities portfolio have a significant difference between fair value and book value. The unrealized losses on the portfolio of securities held to maturity amount to $131 billion. The Series GG preferred shares of Bank of America offer an attractive yield and are callable at any moment.

Bank of America: Lower Interest Rates Will Restore Confidence

Citigroup

Wells Fargo

The earnings calendar is barren until the end of the year, but earnings aren't far off for leaders like JPMorgan and Wells Fargo.

Earnings Calendar Spotlight: 4 Red-Hot Financial Stocks To Watch As Q4 Earnings Season Looms

The Oracle of Omaha has thoroughly outperformed the benchmark S&P 500 for nearly six decades. Warren Buffett has long believed that his and his teams' top investment ideas should hold added weight in Berkshire's investment portfolio.

65% of Warren Buffett's $374 Billion Portfolio Is Invested in Just 3 Stocks

Kroger

Warren Buffet is one of the most successful investors of all time as chairman of Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ), the conglomerate with an equity portfolio worth more than $300 billion. The average investor, however, can be successful in their own right by following the advice and actions of Buffett.

3 Warren Buffett-Approved Dividend Stocks

The capital will support an estimated 96 MW of C&I and community solar projects spanning more than nine states Represents Radial Power's inaugural tax equity financing transaction NEW YORK , Dec. 20, 2023 /PRNewswire/ -- Radial Power announced today that it has closed on $80 million in tax equity financing from Bank of America to support the company's pipeline of distributed generation projects through late 2024, encompassing both asset and portfolio-level turn-key integrated commercial & industrial (C&I) and community solar solutions.  This tax equity capital raise, alongside backleverage, will help fund the development and installation of an estimated 96 MW of C&I and community solar projects, across more than nine states and for multiple anchor real estate customers.

RADIAL POWER SECURES $80 MILLION IN TAX EQUITY FINANCING FROM BANK OF AMERICA

Coca-Cola recently forked over a large dividend payment to Buffett's Berkshire Hathaway. Berkshire will receive an even greater amount when Bank of America pays its Q4 dividends on Dec. 29.

Meet the Stock That Just Paid Warren Buffett $184 Million in Quarterly Dividends, and Another That's About to Pay Him $248 Million

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Earnings Growth & Price Strength Make Bank of America (BAC) a Stock to Watch

In less than eight years, Apple has become Berkshire Hathaway's largest holding by a mile. Bank of America is Buffett and Berkshire's second largest holding.

57.7% of Warren Buffett's $375 Billion Portfolio Is Invested in These 2 Dividend-Paying Stocks

I have been giving Bank of America stock positive coverage all year long due to the opportunities presented by the Spring banking crisis and subsequent treasury yield panic. Unfortunately Bank of America has rallied 28% off the lows and is no longer all that cheap. Fortunately the company's preferred shares yield 6.24% so that's an alternative for those who don't see Bank of America rising much further.

News for Bank of America Stock (BAC)