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

Earnings data Q4 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

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SG&A

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EBITDA

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Earnings per share

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Current assets

Cash & equivalents

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Inventory

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Intangibles

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Current liabilities

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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

Barclays

Citigroup

Deutsche Bank

Goldman Sachs

Jefferies Financial Group Inc

Morgan Stanley

Nomura Holdings

UBS Group AG

Federal regulators intend to levy the fines over the alleged breach of rules that require the retention of business records.

Biggest Banks Nearing $1 Billion Settlement Over Traders' Use of WhatsApp

Grants to 53 organizations across region focus on basic needs, workforce development, and education in disadvantaged and vulnerable communities ATLANTA , Aug. 18, 2022 /PRNewswire/ -- Bank of America announced more than $1.2 million in grants to 53 Atlanta nonprofits to help drive economic opportunity for individuals and families. Grants focus on workforce development and education to help individuals chart a path to employment and better economic futures, as well as basic needs fundamental to building life-long stability.

Bank of America Awards More Than $1.2 Million to Atlanta Nonprofits

Eligible cardholders can enjoy no delivery fee from hundreds of thousands of restaurants across the country CHICAGO and CHARLOTTE, N.C. , Aug. 18, 2022 /PRNewswire/ -- Grubhub  and Bank of America today announced that eligible Bank of America cardholders can receive Grubhub+ free for one year, providing unlimited $0 delivery fees on orders of $12 or more and exclusive Perks from restaurants on Grubhub.

Grubhub and Bank of America Team Up to Offer Grubhub+ for Free to Cardholders

JPMorgan Chase & Co

Wells Fargo

Since the end of June, five of the six largest U.S. banks have outperformed the S&P 500's 13% gain.

Bank Stocks Make a Comeback After Sharp Sell Off

NEW YORK — Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks.

Bank of America's overdraft fees fall 90% under new policy

Year-Over-Year Decline Fueled by Continued Enhancements to Overdraft Program, Including No-Overdraft Fee SafeBalance® Account and the Elimination of Non-Sufficient Funds Fees CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- Bank of America today announced that in June and July fees related to overdraft services for its more than 35 million Consumer checking accounts declined 90% compared to the same period in the prior year.

Bank of America Consumer Overdraft Fees Drop 90% in June and July Following Industry Leading Changes

Bank of America said on Wednesday overdraft fee revenue for June and July was down 90% from last year, as a result of lowering the fees charged to customers whose account balances go negative.

Bank of America says overdraft fee revenue fell 90% since last year

Bank of America (BAC) reported earnings 30 days ago. What's next for the stock?

Bank of America (BAC) Up 9.9% Since Last Earnings Report: Can It Continue?

Top U.S. and European banks are facing tougher times in the riskiest parts of the loan market.

Analysis-U.S., European banks could lose over $5 billion from risky buyout loans

Initiative Part of LSC / Bank of America Partnership to Enhance Skills and Job Readiness in 'New Collar' STEM Fields, with Particular Focus on Students in Low-Income Communities JERSEY CITY, N.J. , Aug. 16, 2022 /PRNewswire/ -- In the past two years, a series of massive cyberattacks has exposed the sensitive personal data of millions of Americans and cost the federal government, Fortune 500 corporations, non-governmental organizations, and other entities billions of dollars in lost revenue and productivity, while significantly disrupting the nation's food supply, oil pipeline, energy infrastructure, and other necessary operations.

Bank of America Partners with Liberty Science Center's SciTech Scity on "High Schools of the Future" Program to Prepare Students for Cybersecurity Careers

Occidental Petroleum

Prem Watsa (Trades, Portfolio), leader of Fairfax Financial Holdings Ltd. ( TSX:FFH , Financial), disclosed in a regulatory filing that its top five trades for the second quarter included new positions in Bank of America Corp. ( BAC , Financial), Occidental Petroleum Corp. ( OXY , Financial) and Intel Corp. ( INTC , Financial).

Prem Watsa Packs Into Buffett's Bank of America and Occidental

American Express

LendingClub

Inflation and rising interest rates have been holding back the market this year.

3 Stocks to Buy With Inflation Potentially Peaking

New York Times

The New York Times Co has turned to Bank of America Corp and law firm Sidley Austin LLP for advice on how to handle a potential board challenge from ValueAct Capital Management LP, according to people familiar with the matter.

New York Times taps Bank of America amid ValueAct challenge - sources

Bunge Global SA

Freeport-McMoRan

Merck

Microsoft

NRG Energy

Phillips 66

After a dreadful first six months of 2022, which culminated with a S&P 500 market low of 3,666 on June 16, we have seen one of the strongest rallies in a while.

Why You Should Sell the Rally and Buy These 7 Goldman Sachs Conviction List Dividend Blue Chips

Paid Internships Connect New Jersey Youth to Career Building Opportunities TRENTON, N.J. , Aug. 11, 2022 /PRNewswire/ -- Bank of America today announced five Northern New Jersey high school students have been selected as Student Leaders®  (#BofAStudentLeaders), an eight-week paid internship providing students with first-hand experience in serving their communities.

Five New Jersey Teens Selected as Bank of America Student Leaders

SPDR S&P 500 ETF Trust

JPMorgan Chase's shares retook their 50-day line, after inflation showed signs of easing. So is JPM stock worth buying right now?

Is The Biggest Bank Stock By Market Cap A Buy After Reclaiming This Support Level?

The stock has been sold off intensely this year.

Where Will Bank of America Be at the End of 2023?

Cisco Systems

Disney

Liberty Broadband

Labcorp Holdings Inc

Madison Square Garden Entertainment

Madison Square Garden Sports

Mueller Water

Starbucks

Charles Schwab

Scotts Miracle-Gro

Uber

Univar

Walt Disney, Bank of America, Uber Technologies, and 10 other stocks that could be bargains after 2022's market selloff. The vew from Boyar Value Group.

These 13 Beaten Down Stocks Look Attractive

Apple

Alphabet

Tesla

Exxon Mobil

Buying Cheap Stocks Isn't the Same as Value Investing -- It Pays to Know the Difference

“Financials”, at large, tends to be the bright spot when rates are quickly going up. But there are two names within this space, as per Gina Sanchez (CEO of Chantico Global), that are particularly well-positioned to benefit from the tightening monetary policy.

Sanchez reveals her top bank stocks to play the higher rates

Kraft Heinz

Coca-Cola

Are these the best Warren Buffett stocks to buy now?

Top Stocks To Buy Now? 4 Warren Buffett Stocks To Watch

Surging interest rates and home prices that have yet to decline have put housing out of reach for many Americans and shut the refinance pipeline for lenders.

A 'shakeout' among mortgage lenders is coming, according to CEO of bank that left the business

Berkshire Hathaway's $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.

Warren Buffett's Secret Portfolio Has 95% of Its Assets in These 2 Sectors

Chewy

NVIDIA

Visa

Are these the best cyclical stocks to invest in right now?

5 Cyclical Stocks To Watch In August 2022

Although there are 11 sectors to choose from, Buffett's investment history clearly shows he favors three above all others.

News for Bank of America Stock (BAC)