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

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 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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Apple

Buffett focuses on high-quality stocks with strong moats and attractive valuations. Only two companies account for over half of Berkshire Hathaway's investment portfolio.

55% of Warren Buffett's $382 Billion Portfolio Is Invested in These 2 Stocks

Bank of American Chairman and CEO exclusively tells FOX Business that China's "big, growing" banks and economy is one of the U.S. economy's biggest threats.

Bank of America CEO says China is ‘one of the great risks' to the economy

American Express

Coca-Cola

Warren Buffett has led Berkshire Hathaway's Class A shares (BRK.A) to a greater-than-4,200,000% return in under six decades. The Oracle of Omaha believes diversification is only necessary if you don't know what you're doing.

69% of Warren Buffett's $378 Billion Portfolio Is Invested in Just 4 Stocks

CHARLOTTE, N.C. , July 27, 2023 /PRNewswire/ -- Bank of America today commented on the revised results of the Federal Reserve's 2023 Comprehensive Capital Analysis and Review (CCAR).

Bank of America Comments on Revised Stress Test Results

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Wells Fargo

Banks such as Morgan Stanley, or even a credit card company such as American Express, would be more impacted because their business models are heavily weighed toward fee income.

Big banks will need to hold more capital to as risk guard under Fed proposal

Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to avoid reducing the ability of U.S. banks to compete globally.

Bank of America CEO flags effects of higher capital requirements

Apple's dividend has more than doubled in 10 years.   Buffett is still reaping the dividends on a smart move he made in 2011.

55.3% of Warren Buffett's $380 Billion Portfolio Is Invested in These 2 Dividend Stocks

90% Investing in Digital Strategies to Further Optimize Their Businesses and Operations CHARLOTTE, N.C. , July 26, 2023 /PRNewswire/ -- Despite economic challenges, 75% of mid-sized business owners expect their revenue to increase and 71% are planning to hire over the next 12 months, according to the inaugural Bank of America Mid-Sized Business Owner Report.

BofA Finds 75% of Mid-Sized Businesses Expect Revenue to Increase in the Next 12 Months Despite Economic Challenges

Ally Financial

Chevron

General Motors

Jefferies Financial Group Inc

Kraft Heinz

Mastercard

Paramount Global

Visa

Vitesse Energy Inc

This Warren Buffett holdings list from Kiplinger first appeared 5/20/23 online. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 7/21/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 7/21/23, the top ten ranged 2.95%-8.52% by annual-yield and 46 of 48 ranged -25.29% to 39.55% per broker-estimated target price upsides. Analyst-augured top-ten net-gains from Buffett's July dividend dogs ranged 10.64%-31.19% from MA, KO, V, BAC, ALLY, CVX, C, PARA, KHC, and top pick GM per YCharts data.

Buy 4 July Buffett Dividend Dogs And Watch 4 More

Broadcom

STAG Industrial

Everyone would like to win the lottery, and the smart winners would immediately turn around to find the best stocks to buy with lottery winnings. Unfortunately, those winners are few and far between.

Money's No Object? 3 Stocks That You Must Buy If You Win the Lottery

Huntington Bancshares

Banks in the US have been incorrectly reporting their uninsured deposits after dozens of lenders restated figures, according to a government body. The Federal Deposit Insurance Corporation (FDIC), citing data compiled by S&P Global Market Intelligence, said some 55 banks have revised their deposit data in the last few months amid increased scrutiny.

US banks warned over uninsured depositing errors

Paid Summer Internships Connects Teens to Career-Building Opportunities NEW YORK , July 25, 2023 /PRNewswire/ -- Bank of America today announced 15 area high school juniors and seniors were selected as Student Leaders® (#BofAStudentLeaders), an eight-week paid summer internship providing students with first-hand experience in serving their communities. As part of the program, the students will develop leadership and practical workforce skills while working with local nonprofits, including the Boys and Girls Clubs of New Jersey, the YMCA of Greater New York and Island Harvest in Long Island, all while earning $17 per hour.

Bank of America Announces 2023 Student Leaders; 15 Tristate Area Teens Named

There are some positives, but some reasons for caution, too.

Cheap Bank Stocks: 3 Things to Know Before Buying Bank of America

Bank of New York Mellon

State Street

Higher interest rates boosted big banks' net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.

Term of the Week: Net Interest Income

Walmart

Investing in retirement can be tricky. Investors who have left the workforce need to strike a balance between growing and protecting their portfolio.

The 3 Most Undervalued Retirement Stocks to Buy Now: July 2023

Citizens Financial Services Inc

East West Bancorp

Fifth Third Bancorp

Webster Financial

The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity and higher interest rates. That stress has caused banks and other lenders to tighten their standards for new loans and scrutinize existing ones.

Factbox: U.S. banks increase reserves for commercial real estate exposure

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Resilient consumers but a cautious corporate behavior pulled the strings on banking earnings in the second quarter.

Bank ETFs in Focus on Consumer vs Corporate Tug-of-War in Q2

U.S. banks benefited from higher interest rates in the second-quarter, driving a rally in major indexes, but lower consumer spending, slower loan growth and the increased costs of retaining deposits cloud the outlook for the sector.

US banks' second quarter earnings: the results in charts

Costco

Ford Motor Company

McDonald's

United Continental Hlds

When it comes to investing, the best offense is usually a really good defense. While strong growth is important, it is usually not as important as holding defensive stocks that can hold up when a broad-based market downturn happens, such as the one we saw in 2022.

7 Stock Picks for Defensive, Low-Risk Growth

Blackrock Inc

Microsoft

PayPal

Steel Dynamics

Tencent Holdings Limited

In today's article, I will introduce you to 10 dividend growth companies that I believe are attractive to invest in right now. The 10 selected picks have shown an Average Dividend Growth Rate [CAGR] of 22.27% over the past 5 years. The Average P/E [FWD] Ratio of the selected picks stands at 21.52, which is attractive in my opinion due to the companies' growth perspectives.

My Top 10 Dividend Growth Stocks To Invest In For July 2023

Bank of America has emerged as a strong investment opportunity due to its robust financial performance, including revenue growth and increased net income. Technical analysis suggests a promising trend for BAC, with the stock price forming a solid base and showing signs of an upward trajectory, indicating a potential for higher prices. The stock price is experiencing a breakout from the inside bar pattern, coupled with a breakout from the falling wedge pattern, suggesting the potential for an upward rally.

Bank of America: An Unfolding Buying Prospect (Technical Analysis)

BofA's liquidity isn't showing any meaningful improvement since Q1. At the same time, comparisons of its results to its net capital position raise red flags.

Bank of America Isn't the Bargain You Think

Bank of America reported a solid quarter and beat estimates. Net deposits saw outflows and net interest income has started contracting. These trends should accelerate in the months ahead, and earnings estimates look quite optimistic.

Bank of America: Peak Margins

Bank of America Corp. BAC, +2.70% said late Wednesday that its board has raised its dividend to 24 cents a share, from 22 cents a share in the previous quarter. The dividend is payable on Sept.

Bank of America's board approves dividend increase

CHARLOTTE, N.C. , July 19, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share, up $0.02 from the prior quarter.

News for Bank of America Stock (BAC)