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.

Revenue

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

A decent loan demand, technological advancements and higher interest rates support Bank of America (BAC) amid fee income growth challenges and a rise in non-interest expenses.

Bank of America (BAC) Aided by Rates & Loan, Fee Income a Woe

Apple

Activision Blizzard

American Express

Chevron

Kraft Heinz

Coca-Cola

Moody's

Occidental Petroleum

Recent 13F filings revealed big changes to the stock holdings of Warren Buffett's conglomerate. Berkshire Hathaway sold its entire stakes in US banks like BNY Mellon and US Bancorp, while it bought a new stake in Capital One.

These are the top 10 holdings of Berkshire Hathaway's $325 billion stock portfolio

JPMorgan Chase & Co

Upstart Holdings

U.S. Bancorp

A regional lender published some unexpectedly good news. In contrast to many investor fears, this bank's deposit base has been growing lately.

Why Bank Stocks Like Bank of America Shot Higher Today

Ally Financial

Citigroup

Capital One

Microsoft

Visa

At the most recent Berkshire Hathaway Inc. NYSE: BRK.B  investors conference in early May, Warren Buffett offered some insights into his most recent buys and sells, but more detail was released in a regulatory filing on May 15, after the market's close.

Buffett's Latest Buys: What Stocks Is He Adding to His Portfolio?

Bank of New York Mellon

At Berkshire Hathaway's 2023 shareholder meeting, Warren Buffett said he wasn't confident the banking crisis is over. Berkshire Hathaway bought shares of two major banks during the first quarter, one of which was new to its portfolio.

Buffett Just Loaded Up on These 2 Bank Stocks – and Sold 3 Others

Combined, five stocks in Berkshire Hathaway's portfolio should make over $3.8 billion in dividends in 2023. In addition to those five heavy lifters, Buffett owns plenty of other dividend stocks.

Here's How Warren Buffett Is Set to Rake in Nearly $6 Billion in Dividend Income This Year

Diageo

Taiwan Semiconductor Manufacturing

Vitesse Energy Inc

Berkshire Hathaway boosted positions in its two biggest stock holdings, among notable moves. The post Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure appeared first on Investor's Business Daily.

Warren Buffett Grew His Biggest Stock Holdings In Q1, Tuned Bank Exposure

Despite its size and strength, Bank of America has been dragged down because of a few bank failures. The stock's dividend yield is near decade highs.

Why I'm in No Hurry to Buy Bank of America Stock

Bank of America stock has been falling in price ever since it put out its first quarter earnings. The release was a beat and showed positive earnings growth, but Bank of America got caught up in the regional banking crisis fallout.

Bank of America: The More It Drops, The More I Buy

Bank of America Breakthrough Lab™ Seeks Founders of Early-Stage Startups NEW YORK , May 16, 2023 /PRNewswire/ -- Bank of America is pleased to officially launch its impact accelerator program named Bank of America Breakthrough Lab with the call for applications for the September 2023 cohort. The six-month program provides tailored mentorship, digital expertise, networking with industry experts and access to potential investors to Black, Hispanic-Latino, Native American and other entrepreneurs from underrepresented communities so that they can scale-up their technology-related businesses.

Bank of America Announces Accelerator Program that Provides Economic Opportunities to Entrepreneurs from Underrepresented Communities

First Trust Nasdaq Bank ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Is it time to follow Warren Buffett's lead and consider Bank of America stock? After Buffett's recent moves in bank stocks, it might be time to reassess the potential of Bank of America-heavy ETFs.

Following Buffett? Prime Time for Bank of America ETFs

Markets were narrowly mixed on Tuesday morning. Berkshire Hathaway released its quarterly disclosures about its latest stock purchases and sales in the first quarter.

2 Bank Stocks Warren Buffett's Berkshire Hathaway Has Been Buying

Warren Buffett is best known for being among the most successful investors of all time. Indeed, his success in investing has earned the billionaire a loyal following and the nickname “Oracle of Omaha.

3 Top Warren Buffett Holdings to Buy (That Are Not Apple)

Goldman Sachs

Morgan Stanley

Wells Fargo

Bridgewater Associates, one of the world's largest hedge funds, sold off U.S. bank stocks in the first quarter as the industry was roiled by the collapse of three lenders, according to regulatory filings.

Bridgewater dumps bank stocks amid turmoil in first quarter -filings

First Citizens BancShares

New York Community Bancorp

FDIC's new proposal requires banks like JPM, BAC and WFC, which have more than $5 billion in assets, to pay for the collapse of Silicon Valley Bank and Signature Bank.

FDIC Asks Big US Banks to Pay for SVB, Signature Bank Collapse

My favorite way to play this banking anti-bubble is not through the Regionals, but through the large banks that should be getting more and more deposits. While money market funds will take cash off the balance sheet, the rate environment should keep net interest margins ripping upwards as long as the overall deposit trend is flat.

Bank of America: The Next Anti-Bubble Has Arrived

CHARLOTTE, N.C. , May 10, 2023 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on May 19, 2023 all $1,000,000,000 principal amount outstanding of its 1.486% Fixed/Floating Rate Senior Notes, due May 2024 (CUSIP No.

Bank of America Announces Redemption of 1.486% Fixed/Floating Rate Senior Notes Due May 2024

Charles Schwab

The financial sector has been hit hard with consumers seeing three of the biggest bank failures since the great financial crisis. This has created big opportunities in a number of well-run financial institutions.

3 Financial Stocks With Big Potential Upside

Fifth Third Bancorp

Huntington Bancshares

Elon Musk should stick to electric cars. Instead, Musk is on the interview circuit and Twitter predicting the demise of the banking sector.

Elon Musk has it all wrong – here's why the bank sector won't blow up and 5 stocks worth considering

The typical 401(k) balance was lower in March of 2023 than in March of 2022. If you're not happy with your balance, aim to snag your full employer match and consider changes to your investment strategy.

This Was the Average 401(k) Balance as of March. How Does Yours Compare?

At Berkshire Hathaway's annual meeting, CEO Warren Buffett was asked several questions about the state of the banking industry. Buffett doesn't think depositors should be worried, but investors might still see some turbulence.

After Several Bank Failures, Does Warren Buffett Still Like Bank Stocks?

In-country transaction banking operations launched in key financial hub LONDON , May 10, 2023 /PRNewswire/ -- Bank of America today announced that it has opened a new branch in Luxembourg, further strengthening its capabilities and the value it offers to clients in core markets. The launch means the bank can support clients – corporate, commercial and NBFIs (non-bank financial institutions) – with setting up local bank accounts and provide in-country transaction banking products and services.

Bank of America Opens Luxembourg Branch

Bank of America has hired former BNP Paribas banker Benoit Nevouet to be the manager of a newly created Luxembourg branch as the U.S. lender seeks to grow its business in Europe, a senior executive at Bank of America told Reuters.

Bank of America opens Luxembourg branch in Europe funds push

Adobe

Autodesk

CME Group

Cheniere Energy Partners

Corteva Inc

Alphabet

Harley-Davidson

Keysight

Lam Research

Microchip Technology

Monolithic Power Systems

ServiceNow

Norfolk Southern

Northern Trust

Pfizer

Polaris

Tradeweb Markets

Veeva Systems

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The May 2023 Heat Map

SPDR S&P Regional Banking ETF

Bank stocks fall early Tuesday after financial shares pared gains Monday. Investors digest latest data.

News for Bank of America Stock (BAC)