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.

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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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Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

The largest U.S. banks would remain well capitalized in the event of a severe economic shock, the U.S. Federal Reserve said on Thursday after the lenders' annual health check, paving the way for them to issue buybacks and dividends.

U.S. Fed says banks can weather severe downturn comfortably

The U.S. Federal Reserve is due to release the results of its annual bank health checks on Thursday. Under the "stress test" exercise, the Fed tests banks' balance sheets against a hypothetical severe economic downturn, the elements of which change annually.

Explainer-What's new with the Fed's bank stress tests in 2022

One of Buffett's biggest winners is on sale.

The Winning Stock Warren Buffett Has Invested $15 Billion Into In 11 Years

Bank of America Corp. BAC, -0.76% has made an undisclosed investment in iCapital, a private equity-backed financial technology company in the alternatives space, the company said Thursday. Bank of America invested in iCapital at the same company value as iCapital's funding round in December, when it disclosed an enterprise value of $6 billion with backing from Apollo Global Management APO, +0.68% and WestCap, the company said.

Bank of America invests in iCapital at $6 bln valuation

Amazon

STORE Capital

These stocks haven't been immune to the recent downturn, but I'm not worried from a long-term perspective.

3 Warren Buffett Stocks I'd Buy Now Without Any Hesitation

Bank of America has a strong efficiency ratio compared to competitors, however other banks are taking actions to close the gap. The bank's return on equity could use some work, therefore management is buying back billions of shares to lower total equity.

Bank of America: Wait For It To Drop More

Chevron

Here's what you want to know about two of the most important dividend payers in Berkshire Hathaway's portfolio.

These 2 Warren Buffett Stocks Are Passive-Income-Generating Monsters

48% of Women Are Confident About Their Finances, Though Only 28% Feel Empowered to Act; Top Financial Regret is Not Saving and Investing Sooner in Life Younger Women Taking Greater Control of Their Finances CHARLOTTE, N.C. , June 22, 2022 /PRNewswire/ -- Bank of America today announced findings from a new body of research on women and financial wellness, which finds that 94% of women believe they will be personally responsible for their finances at some point in their adult life.

Bank of America Study Finds 94% of Women Believe They'll be Personally Responsible for Their Finances at Some Point in Their Lives

BofA (BAC) is set to benefit from higher interest rates and cost-saving efforts. Yet, dependence on capital markets to generate fee income makes us apprehensive.

BofA (BAC) to Gain From Rising Rates, Fee Income Growth a Woe

Apple

Coca-Cola

There are some great bargains in Berkshire's portfolio, but this could be the best Buffett stock for uncertain times.

This Dirt-Cheap Warren Buffett Stock Should Be Your Top Pick Right Now

Pfizer

Verizon

They're cheap. And they're not going away.

3 Incredibly Safe Value Stocks to Buy Today

With the Federal Reserve's (Fed) battle against inflation by raising the interest rates, financial stocks have had the spotlight put.

Is Bank of America a buy or is there more pain ahead for BAC stock?

Expanded Loyalty Program Provides Ultra High-Net-Worth Clients Access to World-Renowned Locations NEW YORK , June 21, 2022 /PRNewswire/ -- Bank of America today announced the availability of exclusive travel experiences for ultra-high-net-worth clients through Indagare , a members-only, boutique travel-planning company. The relationship offers clients, including Merrill and Private Bank clients, behind-the-scenes access to unforgettable locations, as well as unique virtual experiences.

Indagare Offers Luxury Travel Experiences to Bank of America Clients

Large U.S. banks are optimistic they will receive a clean bill of health from the Federal Reserve this week, freeing them up to distribute billions of dollars in excess capital to investors.

U.S. banks expect a clean bill of health after Fed's stress tests

These stocks will contribute nicely to Berkshire Hathaway's coffers.

3 Dividend Stocks That Will Make Warren Buffett $2.6 Billion This Year

IHS Holding Ltd

NetApp

Oracle

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Bank of America.

Top Wall Street analysts say these are the best stocks to beat the volatile market

Moody's

U.S. Bancorp

Dividend stocks have been a great source of returns for the Oracle of Omaha.

Warren Buffett Is Netting Between a 5% and 28% Yield Annually From These Stocks

American Express

Warren Buffett has never been one to preach diversification.

65% of Warren Buffett's Portfolio Is Invested in These 4 Stocks

Ford Motor Company

Home Depot

PepsiCo

Visa

These blue chip stocks, many of which are household names, have a history of delivering solid earnings and gains to shareholders. The post 7 No-Brainer Blue-Chip Stocks to Buy if You Have Money to Invest appeared first on InvestorPlace.

7 No-Brainer Blue-Chip Stocks to Buy if You Have Money to Invest

"These companies will make fortunes from higher rates," the "Mad Money" host said.

These 3 bank stocks will ‘make fortunes' from higher rates if the Fed pulls off a soft landing, Cramer says

A bear market is a time to buy cyclical. We take the contrarian view on the American consumer and compare BAC to its competition. Higher interest rates, loan growth, and digitalized operations are tailwinds for Bank of America.

Bank of America: A Bear Market Buy

Webster Financial

In light of the Federal Reserve announcing the biggest interest rate hike in nearly three decades, five bank stocks with high guru buys as of the first-quarter 13F portfolio filing date are Citigroup Inc. ( C , Financial), JPMorgan Chase & Co. ( JPM , Financial), Webster Financial Corp. ( WBS , Financial), Bank of America Corp. ( BAC , Financial) and Wells Fargo & Co. ( WFC , Financial) according to the Aggregated Portfolio of Gurus, a Premium feature of GuruFocus.

5 Financial Services Stocks Gurus Are Banking On

Financial stocks spiked up, then pulled back after the Federal Reserve raised its target on overnight rates by 0.75 percentage points on Wednesday. Although the 75-basis-point hike was expected, it was still historic, as it was the biggest increase in nearly three decades, and was the Fed's way of saying it will act aggressively to fight inflation.

Bank stocks jump, then quickly pull back after Fed rate hike

Funding will fuel aggressive expansion goal of 100 acres under glass by 2026; new Pennsylvania greenhouse opening in July will immediately double acreage DEVENS, Mass. and SAN FRANCISCO , June 15, 2022 /PRNewswire/ --  Little Leaf Farms , the country's #1 brand of packaged lettuce sustainably grown through controlled environment agriculture (CEA), has raised $300 million in new capital, with equity financing led by The Rise Fund, TPG's multi-sector global impact investing strategy, and debt funding from Bank of America.

Little Leaf Farms Raises $300 Million in Capital with Financing from TPG's The Rise Fund and Bank of America

Bank of America is rolling out a new cash management tool to U.S.-based clients, it said on Tuesday, in a bid to gain market share in the $300 billion cash management business for multi-national corporations.

News for Bank of America Stock (BAC)