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

Citigroup

Goldman Sachs

JPMorgan Chase & Co

PNC Financial Services

The big banks are no longer market laggards as many have broken out to new 5-year highs.

5 Red-Hot Big Bank Earnings Charts

Bank of America actually has four impending tailwings that could propel it higher. Thus, I think BAC stock will soon be worth $57.43.

Bank of America Is Worth 46% More Once Dividend Hikes Resume

Blackrock Inc

The first big week of the new earnings season continues with several big companies reporting earnings before Thursday's opening bell.

Earnings Previews: Bank of America, Citigroup, BlackRock

Solid investment banking fees, rise in equity trading, steepening of yield curve and reserve releases might have boosted BofA (BAC) Q1 earnings despite soft loan demand and lower fixed income trading.

Investment Banking to Aid BofA (BAC) Q1 Earnings Amid Weak Loans

Bank of America is scheduled to report its fiscal Q1 2021 results on Thursday, April 15. We expect Bank of America to miss the consensus estimates for revenues, while earnings are likely to surpass expectations.

Bank of America Stock To Beat Earnings Estimates In Q1?

The shares of Bank of America Corp (NYSE: BAC) have received a price target increase from $33 to $41 by Jefferies. These are the details.

BAC Stock: $41 Target (Up From $33) By Jefferies

As market traders gear up for an upcoming earnings release, BAC stock might look pricey, but there's still value to be found here. The post Even After a Monster Run, Bank of America Shares May Still Be Right-Priced appeared first on InvestorPlace.

Even After a Monster Run, Bank of America Shares May Still Be Right-Priced

NEW YORK--(BUSINESS WIRE)--Citi and Bank of America are working together to build a new industry-led independent data and execution platform for fixed income markets. The venture plans to develop a next generation trading, data and analytics platform for structured credit and underlying collateral markets. The contemplated multi-dealer platform will focus initially on CLOs and syndicated loans, with plans to expand into other asset classes. Bank of America and Citi initiated the build of this p

Citi, Bank of America to Lead Development of Independent Data and Execution Platform

Wells Fargo

As we have noted many times, one of the few sectors where companies applaud higher interest rates is the financials.

Red-Hot Banks Report Earnings This Week: 4 Stocks to Buy Before They Do

Delta Air Lines

NVIDIA

Fastenal

Morgan Stanley

First-quarter earnings season begins this week. Big banks JPMorgan Chase, Goldman Sachs, and Morgan Stanley report.

JPMorgan Chase, Nvidia, Goldman Sachs, Delta, and Other Stocks to Watch This Week

Looking Ahead to Big Banks' Q1 Earnings

BAC has finally recovered operationally and lived down the stigma of being one of the most damaged banks during the 2007-2009 crisis; it has earned trust and a higher valuation. Prospects for strong economic growth and a steepening yield curve are especially good for BAC which tilts heavily toward retail banking and is leveraged to the economy.

Bank Of America: Even After Its Strong Rally, Outstanding Growth Prospects Make It A Buy

Apple

Carnival

FuboTV

General Electric

Nokia

Petroleo Brasileiro

Palantir Technologies

ViacomCBS

We're almost halfway through the trading day for Friday and it's time for a market update covering the most active stocks today. The post Market Update: The 10 Most Active Stocks Today appeared first on InvestorPlace.

Market Update: The 10 Most Active Stocks Today

Bank of America said on Thursday it will deploy $1 trillion for its environmental business initiative to push for green finance by 2030, expanding on the $300 billion it had announced for the same project in 2019. The second largest U.S. bank said the latest announcement puts its total commitment to sustainable finance by 2030 at $1.5 trillion.

Bank of America to deploy $1 trillion for sustainable finance by 2030.

CHARLOTTE, N.C.--(BUSINESS WIRE)--As previously announced, Bank of America will report its first-quarter 2021 financial results on Thursday, April 15. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 9 a.m. ET. The news release, supplemental filing and investor presentation can be accessed in the following ways: Bank of America newsroom at https://newsroom.bankofamerica.com. Bank of America Investor Relations website at http://investor.bankofam

Bank of America to Report First-Quarter 2021 Financial Results on April 15

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced a goal of deploying and mobilizing $1 trillion by 2030 in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable economy. This commitment will anchor a broader $1.5 trillion sustainable finance goal by both environmental transition and social inclusive development purposes, spanning business activities across the globe. “The private sector is well-positioned to ensure that the cap

Bank of America Increases Environmental Business Initiative Target to $1 Trillion by 2030

Fifth Third Bancorp

People's United Financial

Regions Financial

Bank stocks rebound impressively in Q1. One must keep an eye on best-performing S&P 500 banks like People's United (PBCT), Fifth Third Bancorp (FITB), Wells Fargo (WFC), Regions Financial (RF) and Bank of America (BAC) that are driven by strong fundamentals.

5 Top-Performing S&P 500 Bank Stocks of Q1 Worth a Look

CHARLOTTE, N.C.--(BUSINESS WIRE)--Concerned about threats to financial success outside of their control, 46% of affluent Americans have been getting their financial lives in order during the last year, according to a recent study from Bank of America. The research also found that, despite challenges imposed by the pandemic, most survey respondents believe they are on track to reach several financial milestones earlier in life than their parents. The Bank of America Preferred Insights: Hindsight

Bank of America Study Finds Nearly Half of Affluent Americans Getting Their Financial Lives in Order During the Pandemic

The lender aims to bolster its suite of digital payment solutions.

Bank of America Acquires Healthcare Payment Company Axia Technologies

U.S. Bancorp

Alcoa

New record highs could continue -- or end quickly. Here's what to look for.

This 1 Thing Will Make or Break the Stock Market Rally

Rising interest rates sustain the rally in market value. The bank is strongly positioned to grow in a post-Covid era.

Bank Of America Still Has Room To Rise

BofA's (BAC) acquisition of Axia Technologies is likely to further strengthen its position in the lucrative healthcare payments solution market.

BofA (BAC) Buys Axia Technologies, Boosts Healthcare Payments

It is, after all, Warren Buffett's favorite.

Is Bank of America the Long-Term Stock for You?

Multiple factors are working in the banking titan's favor.

Why Bank of America Stock Jumped 11.5% in March

Bank of America (NYSE: BAC) announced it acquired Axia Technologies, a leading healthcare payment and tech company focused on facilitating secure patient payments. These are the details.

News for Bank of America Stock (BAC)