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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Cost of revenue

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SG&A

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EBITDA

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Cash & equivalents

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Intangibles

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Income tax payable

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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

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

Citigroup

Citizens Financial Services Inc

East West Bancorp

Fifth Third Bancorp

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Webster Financial

Wells Fargo

The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates. That stress has caused banks and other lenders to tighten their standards for new loans and scrutinize existing ones.

Factbox: U.S. banks increase reserves for commercial real estate exposure

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

Resilient consumers but a cautious corporate behavior pulled the strings on banking earnings in the second quarter.

Bank ETFs in Focus on Consumer vs Corporate Tug-of-War in Q2

U.S. banks benefited from higher interest rates in the second-quarter, driving a rally in major indexes, but lower consumer spending, slower loan growth and the increased costs of retaining deposits cloud the outlook for the sector.

US banks' second quarter earnings: the results in charts

American Express

Costco

Ford Motor Company

McDonald's

United Continental Hlds

When it comes to investing, the best offense is usually a really good defense. While strong growth is important, it is usually not as important as holding defensive stocks that can hold up when a broad-based market downturn happens, such as the one we saw in 2022.

7 Stock Picks for Defensive, Low-Risk Growth

Apple

Broadcom

Blackrock Inc

Mastercard

Microsoft

PayPal

Steel Dynamics

Tencent Holdings Limited

Visa

In today's article, I will introduce you to 10 dividend growth companies that I believe are attractive to invest in right now. The 10 selected picks have shown an Average Dividend Growth Rate [CAGR] of 22.27% over the past 5 years. The Average P/E [FWD] Ratio of the selected picks stands at 21.52, which is attractive in my opinion due to the companies' growth perspectives.

My Top 10 Dividend Growth Stocks To Invest In For July 2023

Bank of America has emerged as a strong investment opportunity due to its robust financial performance, including revenue growth and increased net income. Technical analysis suggests a promising trend for BAC, with the stock price forming a solid base and showing signs of an upward trajectory, indicating a potential for higher prices. The stock price is experiencing a breakout from the inside bar pattern, coupled with a breakout from the falling wedge pattern, suggesting the potential for an upward rally.

Bank of America: An Unfolding Buying Prospect (Technical Analysis)

BofA's liquidity isn't showing any meaningful improvement since Q1. At the same time, comparisons of its results to its net capital position raise red flags.

Bank of America Isn't the Bargain You Think

Bank of America reported a solid quarter and beat estimates. Net deposits saw outflows and net interest income has started contracting. These trends should accelerate in the months ahead, and earnings estimates look quite optimistic.

Bank of America: Peak Margins

Bank of America Corp. BAC, +2.70% said late Wednesday that its board has raised its dividend to 24 cents a share, from 22 cents a share in the previous quarter. The dividend is payable on Sept.

Bank of America's board approves dividend increase

CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, up $0.02 from the prior quarter.

Bank of America Increases Common Stock Dividend

U.S. banking giants reported lackluster results for investment banking in the second quarter, but that has not stopped investors from buying their stocks as a bet on revived dealmaking.

Investors cheer Wall Street's green shoots as bank executives stay cautious

CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- For the 14th consecutive year, the J.D.

BofA Corporate, Global Commercial and Business Banking Services Earns J.D. Power Certification for 14th Consecutive Year

Bank of America CEO Brian Moynihan says more customers are using the megabank's Erica assistant as artificial intelligence speeds up transactions and boosts efficiency.

Bank of America CEO Brian Moynihan sees more banking with its AI program, Erica

Big banks have reported their second-quarter earnings over the past week. JPMorgan's profits surged to a record high after it bought First Republic.

Yes, Wall Street's biggest lenders got even richer after Silicon Valley Bank collapsed

Bank of America announced that its second-quarter profits beat Wall Street's expectations thanks to higher interest income and investment banking gains that beat forecasts.

Bank of America profit surges on interest income and investment banking gains

Morgan Stanley's second-quarter earnings tanked 13% year-over-year, beating analysts' scanty estimates as dealmaking has dried up on Wall Street.

Profits at Wall Street's major banks tank on weak trading, dealmaking

Bank of America Corp. ended the second quarter with much larger cash holdings as it sold available-for-sale securities and shored up its balance sheet when the U.S. banking system was reeling from the domino effect of the collapse of Silicon Valley Bank.

Banks are doing better than feared as stocks rally and Bank of America builds cash

Charles Schwab

Earnings season is in full swing, and more bank names have stepped into the confessional this morning.

3 Bank Stocks Setting the Tone This Earnings Season

PacWest Bancorp

Bank of America and Morgan Stanley reported second-quarter earnings this morning. PacWest has been an extremely volatile bank stock since the banking crisis and appears to be benefitting from renewed optimism in the sector.

Why Shares of Bank of America, Morgan Stanley, and PacWest Bancorp Are Rising Today

Bank of America Corporation (BAC) Q2 2023 Earnings Call Transcript

SPDR S&P Regional Banking ETF

Invesco S&P 500 Equal Weight ETF

Exchange-traded funds that buy bank stocks were jumping Tuesday as investors assessed Wall Street's latest batch of second-quarter earnings results from giants including Bank of America and Morgan Stanley.

Bank ETFs bounce, with this fund heading for potentially best month since 2021

Lockheed Martin

Retail Sales at +0.2% were well off the expected +0.5% for the month, which happens to also be the upward revision for May.

Retail Sales Lower at +0.2%; BAC, MS, LMT All Beat in Q2

Retail Sales Fall Below Expectations in June.

Retail Sales Fall Below Expectations in June

Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing shares to spike, but a pullback in consumer spending, slower loan growth and increased deposit costs may cloud the outlook for the sector.

U.S. banks shares spark after interest income boost, but outlook mixed

Bank of America reported double-digit growth in revenue and net income in the second quarter on Tuesday, as higher interest rates boosted income it generated from lending money.

News for Bank of America Stock (BAC)