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 Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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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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Intangibles

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Income tax payable

Non-current liabilities

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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 dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cigna

Discover

Domino's Pizza

Microchip Technology

Monolithic Power Systems

MSCI

Charles Schwab

Sirius XM Holdings Inc

SS&C Technologies Hlds

Skyworks Solutions

Tractor Supply

Texas Instruments

Vanguard Dividend Appreciation ETF

W. R. Berkley

Zoetis

September has historically been a bad month for equities, with the SPDR S&P 500 Trust ETF and Vanguard's Dividend Appreciation ETF both posting losses during the last 4 Septembers. The top 15 dividend growth stocks for October offer an average dividend yield of 1.94% and appear to be about 35% undervalued based on dividend yield theory. Since inception, September 2020, the watchlist is outperforming VIG by 2.92% and SPY by 2.34%, on an annualized basis.

My Top 15 High Growth Dividend Stocks For October 2023

Best Buy

Goldman Sachs

Morgan Stanley

NextEra Energy

Pioneer Natural Resources

SPDR S&P 500 ETF Trust

Truist Financial

Vanguard High Dividend Yield ETF

The market slide continues in September with the SPDR S&P 500 Trust ETF dropping by 4.74%. The top 10 stocks on the watchlist for October 2023 offer a 4.33% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 10.29% since its inception in November 2020.

My Top 10 High Yield Dividend Stocks For October 2023

Bank of America's preferred shares offer a high yield of 6.5%, making them an attractive alternative for risk-averse investors. Preferred shares have a priority claim on earnings above common shares, providing added security in case of dividend cuts. Bank of America's overall strength and market share position make its preferred shares a safe investment option.

Bank of America: Grab 6.5% Yield Preferreds!

JPMorgan Chase & Co

The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs , Bank of America and JPMorgan to pay a total of over $50 million for swap reporting failures and other violations, the agency said in a statement.

US CFTC orders 3 major US banks to pay over $50 mln for swap reporting failures

Apple

American Express

Chevron

Kraft Heinz

Coca-Cola

Moody's

Occidental Petroleum

The Oracle of Omaha has effectively doubled-up the annualized total return of the benchmark S&P 500 since the mid-1960s. Portfolio concentration has played a key role in Warren Buffett's sizable outperformance.

83% of Warren Buffett's $347 Billion Portfolio Is Invested in Only 8 Stocks

Capital One

ITOCHU Corp

Marubeni Corp

Mitsui & Co Ltd

Sumitomo Corp

While many investors avoided bank stocks because of the banking crisis, Buffett saw an opportunity. He has also upped Berkshire Hathaway's stake in five stocks that most U.S. investors know little about.

These 7 Stocks Show How Warren Buffett Is Zigging While Most Investors Zag

Citigroup

Fifth Third Bancorp

Interactive Brokers

LPL Financial Hlds

Oppenheimer Holdings

U.S. Bancorp

Voya Financial

Wells Fargo

The U.S. Securities and Exchange Commission (SEC) is finalizing settlements with around two dozen Wall Street firms to resolve investigations into record-keeping lapses, said two people with knowledge of the matter.

U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

Event Impact Continues to Drive Tourism Industry, Business, and Job Growth CHICAGO , Sept. 27, 2023 /PRNewswire/ -- The Bank of America Chicago Marathon continues to generate significant impact for the city of Chicago, with the 2022 race contributing a record-breaking $386 million (PDF) to the city's economy, a 25 percent increase from 2021, according to an independent economic impact study conducted by the University of Illinois at Urbana-Champaign's Regional Economics Applications Lab.

Bank of America Chicago Marathon Generates Record-Breaking $386 Million for Chicago Economy in 2022

Bank of America's business spans from traditional banking to investment banking. Although boring, traditional banking is still the foundation on which the bank grows.

The Biggest Number From Bank of America's Latest Quarter: 18

While Saving for Retirement Remains Top Financial Goal, More Employees Prioritizing Pressing Needs  CHARLOTTE, N.C. , Sept. 26, 2023 /PRNewswire/ -- Bank of America today announced findings from its 13th annual Workplace Benefits Report, "The Transforming Workplace" (PDF) The report revealed that two-thirds (67%) of employees believe the cost of living is outpacing growth in their salary or wages, compared to 58% in February 2022.

BofA Survey Finds Many American Workers Optimistic About Their Financial Future, Though Feeling the Strain of Inflation

The Oracle of Omaha has run circles around the benchmark S&P 500 for nearly six decades. Buffett has piled approximately $150 billion worth of his company's cash into four brand-name businesses (including one surprise).

Warren Buffett Has Put $150 Billion of Berkshire Hathaway's Cash to Work in These 4 Stocks

Cost of capital, sticky relationships, and a fortress of a balance sheet.

Nobody Is Talking About This Stock, but It's a Brilliant Buy Today

Bank of America has a 3.3% yield today, toward the high end of its range over the past decade. The bank cut its dividend during the Great Recession.

Bank of America Isn't the Dividend Bargain You Think

Ally Financial

D.R. Horton

General Motors

Jefferies Financial Group Inc

Johnson & Johnson

Louisiana-Pacific

Paramount Global

This Buffett holdings-list from Kiplinger first appeared 8/21/23 on line. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 9/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 9/20/23 the top-ten ranged 2.87%-4.87% by annual-yield and 45 of 48 ranged -1.55% to 60.2% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's September dividend dogs ranged 21.35%-55.8% from UPS, KO, ALLY, BAC, KHC, LPX, DHI, C, PARA, and top pick GM per YCharts data.

The Buffett List: 5 Dividend Buys For September

Since becoming CEO of Berkshire Hathaway (NYSE: BRK-A  NYSE: BRK-B ) in 1965, Warren Buffett generated 3.7 million percent returns for investors. That's a staggering statistic, considering the S&P 500 returned some 24.7 thousand percent.

3 Stocks Delivering $2.8 Billion in Dividends to Warren Buffett Each Year

Mastercard

Visa

If any investor has stood the test of time, it is Warren Buffett, and with good reason.

As Interest Rates Explode Higher, 7 ‘Strong Buy' Warren Buffett Dividend Stocks Will Benefit Big Time

Amazon

Warren Buffett is an investing legend. The stock portfolio of his holding company Berkshire Hathaway (NYSE: BRK-A /NYSE: BRK-B ) is closely followed by investors all over the world.

7 Warren Buffett Stocks That Should Be On Every Investor's Radar This Fall

BofA's (BAC) CFO believes that robust consumer spending has reduced the likelihood of a recession in the United States. He reiterates the third-quarter net interest income outlook.

BofA (BAC) CFO Optimistic on US Economy, Confirms Q3 NII View

Barclays

Royal Bank of Canada

A U.S. federal judge on Thursday said American cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond.

Eight big banks must face US cities' bond collusion claims

Bank of America's minimum hourly pay will become $23 once the company's planned increase happens. That $1 bump is slated for U.S. employees in October.

Bank of America will increase their minimum wage to $23 an hour

CHARLOTTE, N.C. , Sept. 20, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.125 October 1 October 30 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z $32.500 October 1 October 23 5.875% Non-Cumulative Preferred Stock, Series HH $0.3671875 October 1 October 24 4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 October 15 November 3 4.125% Non-Cumulative Preferred Stock, Series PP $0.2578125 October 15 November 2 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 October 1 October 27 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 October 1 October 27 1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Bank of America Declares Fourth Quarter 2023 Preferred Stock Dividends

News for Bank of America Stock (BAC)