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 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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

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

American Express

Humana

Is investing in the stock market really as risky as gambling in a Vegas casino? Well, it depends.

3 Blue-Chip Stocks You'll Regret Not Buying Soon: November 2023

New Auto Prequalification Makes Car Shopping More Convenient and Approachable CHARLOTTE, N.C. , Nov. 15, 2023 /PRNewswire/ -- Bank of America is introducing new digital capabilities to support consumers in their car shopping and financing journey.

BofA Streamlines Car Shopping Journey with Enhanced Digital Tools and Resources

Apple

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Alibaba

BASF SE

B&G Foods

Bayerische Motoren Werke AG

BRT Apartments

Blackstone Group

Colgate-Palmolive

Cisco Systems

CVS Health

Dominion Energy

Diversified Healthcare Trust

Disney

S&P 500 and Dow Jones dropped for the third straight month in October, just before staging a remarkable reversal in November. Interest rates were kept steady again in a range of 5.25% to 5.5%, and it is uncertain if 2023 will see yet another hike. Net investments of around $1,800 in October, primarily targeting the financial sector and high-yielding BDCs.

My Dividend Stock Portfolio: New October Dividend Record - 98 Holdings With 23 Buys

General Motors

PulteGroup

The debate continues. Proponents of the soft-landing scenario believe that U.S. economic growth will slow but remain meaningfully positive.

3 Stocks to Buy if You're Betting on a Soft Landing

Citigroup

JPMorgan Chase & Co

WEC Energy Group

Banking is becoming digital. Scale is a key factor driving this trend, as bigger banks are taking over the industry.

The Commercial Banking Industry: Keep Your Eyes On The Big Four

Occidental Petroleum

Warren Buffett has presided over a nearly 4,300,000% aggregate return in his company's Class A shares (BRK.A) since becoming CEO in the mid-1960s. Dividend stocks have been something of an unsung hero for Berkshire Hathaway.

The Embarrassingly Easy Way Warren Buffett Is Raking in Over $12 Billion Annually for Berkshire Hathaway

Bank of America's business model and solvency remain strong despite high interest rates. The bank has diversified revenue sources beyond loans, such as wealth management and investment banking. BAC's loan portfolio growth is slower compared to competitors, but non-interest income services contribute significantly to total revenues.

Bank of America: It's A Buy But A Competitor Manages Better Its Risks

Wells Fargo

Moody's

Moody's Investors Service cut its rating outlook to negative from stable on Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co., but the stocks rallied Tuesday on the heels of tame inflation data.

Bank of America, JPMorgan Chase and Wells Fargo shares shrug off Moody's outlook cut to negative from stable

In trading on Tuesday, shares were changing hands as low as $27.95 per share, which is 6.5% above Woods's purchase price.

This Stock Has A 3.39% Yield, Sells For Less Than Book, And Insiders Have Been Buying

PayPal

Sibanye Stillwater

Market overreaction can be a beautiful thing if you're a long-term investor. I mean, overreaction to short-term events often opens up value gaps in stocks, lending you the opportunity to take advantage of arbitrage opportunities.

Buy These 3 Stocks as They Hit 52-Week Lows

Bank of New York Mellon

Comerica

Capital One

M&T Bank

PNC Financial Services

Truist Financial

U.S. Bancorp

Zions Bancorp

Many banks have reported significantly larger unrealized securities losses in 3Q as interest rates rose in the quarter. The unrealized losses have grown so large as to be orange flags for a few banks. One of the reasons there could be new increased capital requirements is because of the large unrealized losses across the banking industry.

Q3 List Of Banks And Their Increasing Paper Losses In Their Debt Securities Portfolios

Bank of America has a large and diverse business, making it more complex than you may think. The dividend has grown regularly for a decade, but what happened before that?

3 Things You Need to Know if You Buy Bank of America Today

Warren Buffett has run circles around Wall Street for nearly six decades and is not afraid to share his "recipe" for success with others. Portfolio concentration and a penchant for purchasing dividend stocks are oft-overlooked reasons for the Oracle of Omaha's long-term outperformance.

Nearly Half of Warren Buffett's More Than $6 Billion in Annual Dividend Income Comes From Just 3 Stocks

Coca-Cola

Realty Income Corp

Realty Income's diverse portfolio and monthly dividend make it an attractive option for long-term income investors. Coca-Cola's impressive streak of dividend growth means it's highly probable investors will see their payouts rise over the years.

3 Dividend Stocks That Can Help Secure Your Financial Future

Chevron

Berkshire Hathaway's top stock holdings include some of the best businesses in the world. These companies have strong fundamentals, powered in part by their strong brands.

3 Things Warren Buffett's Top 5 Stocks All Have in Common

Bank of America Corp. Chief Executive Brian Moynihan doubled down on the bank's net-zero-emissions efforts despite pushback in the political arena.

Bank of America Chief Kevin Moynihan doubles down on environmental goals, saying it's what customers and the private sector want

Bank of America CEO Brian Moynihan on Wednesday reiterated his expectation of a soft landing for the U.S. economy, saying the lender was seeing a slowdown in consumer spending.

BofA CEO expects soft landing for US economy

Bank of America CEO Brian Moynihan said on Wednesday he expects a soft landing for the U.S. economy as consumer spending and commercial borrowing slow.

BofA CEO Moynihan says US economy headed for soft landing

Pioneering Fund to Grow to $100 million for Former Military Personnel Entrepreneurs AUSTIN, Texas , Nov. 8, 2023 /PRNewswire/ -- PeopleFund  is honored to be one of twelve Community Development Financial Institutions (CDFIs) announcing the expansion of the Veteran Loan Fund, with Bank of America as the lead capital investor. Bank of America is seeding a second round of financing for Veteran Loan Fund, doubling a two-year-old commitment that has already funded more than 500 small businesses built by former military personnel across 37 states.

Bank of America doubles support for Veteran Loan Fund to Aid Growth of Veteran-Led Small Businesses throughout Texas

Bank of America will provide a second round of funding to a veterans group that finances small businesses built by former military personnel, the lender said on Wednesday.

Bank of America will lend $10 mln to veteran business fund

Pioneering Fund aims to grow to $100 million for Former Military Personnel NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Bank of America is seeding a second round of financing for Veteran Loan Fund, doubling a two-year-old commitment that has already funded more than 500 small businesses built by former military personnel that have created or retained more than 3,000 jobs across 37 states. The fund's first $15 million round, closed in 2022, was deployed in less than 12 months.

BofA Doubles Support for Veteran Loan Fund to Aid Growth of Veteran-Led Small Businesses

Berkshire Hathaway's portfolio is full of great dividend stocks. Its biggest dividend checks come from three modest payers.

Nearly Half of Warren Buffett's $6.1 Billion in Annual Dividends Comes From These 3 Stocks

Bank of America reports a 10% increase in net income to $7.8 billion in Q3 2023. Revenue, net of interest expenses, increased by 3% to $25.2 billion, driven by a 4% increase in net interest income. BAC stock price is exhibiting a bullish trend following Q3 2023 earnings, and it appears to be poised for an upward trajectory.

Bank of America: Technical Strength Persists Alongside Strong Financial Health

Amgen

Blackrock Inc

ConocoPhillips

Goldman Sachs

Johnson & Johnson

MetLife

Altria

Morgan Stanley

There are 22 stocks on my high yield watchlist for November 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Dividend ETF by about 1% during the month of October.

High Yield Stock Watchlist - November 2023

News for Bank of America Stock (BAC)