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

Bank of America recently reported its Q2'22 earnings that missed key estimates. However, the bank also scored some wins and its attractive valuation is pushing bulls towards buying.

Should you buy Bank of America Stock After Its Q2 Earnings Report?

Bank of America is on pace to add another $2B to its quarterly NII-run rate by the end of this year to $15B. Bank of America trades at less than 10x forward earnings, which is way too cheap given its quality and lower risk profile.

Bank Of America's Strong Credit Profile And Leverage To Higher Rates Make For A Buy

Citigroup

Wells Fargo

U.S. banks have started taking a hit on their leveraged loans' exposure as the outlook for dealmaking turns sour amid rising interest rates and extreme market volatility caused by the Russian invasion of Ukraine.

U.S. banks take hit on leveraged loans as deals slump, rates rise

Americans are getting to know Bank of America's Erica. BoA said in its second-quarter earnings report Monday (July 18) that customer usage of Erica — its virtual financial assistant — has risen since 2021, part of a larger trend of increased digital banking activity.

BoA Reports 30% Jump in Virtual Assistant Usage

Bank of America just released its second quarter earnings, its stock rose shortly afterward. The release missed estimates but the positive revenue growth stood out compared to peers.

Bank of America: Mixed Q2 Earnings, Great Trajectory

Bank of America Corporation (NYSE:BAC.PK ) Q2 2022 Earnings Conference Call July 18, 2022 8:30 AM ET Company Participants Lee McEntire - Investor Relations Brian Moynihan - Chief Executive Officer Alastair Borthwick - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI James Mitchell - Seaport Global Michael Mayo - Wells Fargo Betsy Graseck - Morgan Stanley Matt O'Connor - Deutsche Bank Erika Najarian - UBS Gerard Cassidy - RBC Capital Markets Ken Usdin - Jefferies Operator Good day, everyone, and welcome to today's Bank of America Earnings Announcement. At this time, all participants are in a listen-only mode.

Bank of America Corporation (BAC) CEO Brian Moynihan on Q2 2022 Results - Earnings Call Transcript

Bank of America's second quarter profit fell to $6.2 billion, or 73 cents per diluted share, compared to $9.2 billion, or $1.03 per share, during the same period a year ago.

Bank of America posts revenue beat despite quarterly earnings miss

Goldman Sachs

Goldman Sachs Group Inc. shares rose Monday on stronger-than-expected second-quarter results, while Bank of America Corp. shares fell back on an earnings miss.

Goldman Sachs, Bank of America earnings shrink but offer some bright spots

The CFPB and OCC claim BoA's faulty program automatically froze accounts, causing customers to miss out on deserved benefits.

CFPB fines Bank of America for faulty unemployment benefit fraud detection

Bank of America has set aside around $200 million for a regulatory matter connected to the unauthorized use of personal phones, its chief financial officer Alastair Borthwick said on Monday, adding that he expects the matter to be settled soon.

Bank of America puts aside $200mln for probe into bankers' use of personal devices

BofA (BAC) records an increase in revenues in the second quarter of 2022, mainly driven by higher rates, loan growth and an impressive trading performance.

BofA (BAC) Q2 Earnings Lag Estimates, Revenues & Costs Rise Y/Y

Bank of America (BAC) delivered earnings and revenue surprises of -5.19% and 1.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Bank of America (BAC) Misses Q2 Earnings and Revenue Estimates

Bank Of America Corp (NYSE: BAC) shares are trading slightly higher Monday morning despite worse-than-expected financial results. Bank Of America reported second-quarter revenue of $22.7 billion, which missed the estimate of $22.78 billion, according to data from Benzinga Pro.

What's Going On With Bank of America Stock Today?

Boeing

Second-quarter earnings season continues this week, with roughly 70 companies in the S&P 500 scheduled to report.

Bank of America, Goldman, Boeing, and More Stock Market Movers

BofA's global banking arm saw its profit fall sharply as activity slowed due to the high uncertainty in markets.

Bank of America second-quarter earnings miss expectations as market sell-off takes a toll

Bank of America Corp. BAC, +7.04% shares fell 1.9% on Monday after the bank fell short of Wall Street's profit estimate, but revenue matched the analyst view. Bank of America's second-quarter profit fell by a third to $6.2 billion, or 73 cents a share, from $9.2 billion, or $1.03 a share, in the year-ago quarter.

Bank of America profit falls 33%, shares drop

Bank of America reports second-quarter earnings of 73 cents a share, 2 cents below analysts' estimates.

Bank of America Profit Falls From Year Earlier and Misses Estimates

Bank of America Corp reported a drop in second-quarter profit on Monday, hit by a slump in investment banking revenue as underwriting activity stood at a fraction of last year's record levels.

Bank of America posts drop in quarterly profit as dealmaking slumps

CHARLOTTE, N.C., July 18, 2022 /PRNewswire/ -- Bank of America reported its second-quarter 2022 financial results today.

Bank of America Reports Second-Quarter 2022 Financial Results

JPMorgan Chase & Co

Morgan Stanley

U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back in the second quarter from the lows of the pandemic, but warned demand could weaken later this year if the worsening economic outlook starts to hurt consumer confidence.

Big U.S. banks see loan growth slowing as outlook for demand, economy darkens

Bank of America, led by CEO Brian Moynihan since 2010, had enjoyed tailwinds as rising interest rates and a rebound in loan growth boost income.

Bank of America is set to report second-quarter earnings — here's what the Street expects

Micron Technology

Li Lu (Trades, Portfolio) is a legendary value investor who runs Himalaya Capital Management. He is highly regarded by Warren Buffett (Trades, Portfolio)'s right hand man Charlie Munger (Trades, Portfolio), who has called Li a genius and even trusts him with part of his investments.

A Look at Li Lu's Top 3 U.S. Holdings

Cathay General Bancorp

Here are three well-performing bank dividend stocks that you should consider.

Three bank dividend stocks that are performing well this periods

Five of America's biggest investment banks are preparing to pay a combined $1 billion in fines for letting their workers use unauthorized messaging apps. As Bloomberg News reported Friday (July 15), Morgan Stanley is preparing to pay a $200 million fine, the same amount JPMorgan Chase has already paid.

Big Banks Face Big Fines Over Messaging Apps

Other large banks reported second-quarter earnings results this morning.

News for Bank of America Stock (BAC)