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

Collaborating with Enterprise Community Partners and Developers to Preserve Housing for Middle-Income Earners NEW YORK , Jan. 23, 2023 /PRNewswire/ -- Bank of America Community Development Banking is investing up to $150 million in equity to preserve more than 3,000 affordable homes nationwide for middle-income households in partnership with Enterprise Community Partners (Enterprise), one of the nation's largest affordable housing organizations. Bank of America and Enterprise will help working Americans across the country earning between 80% and 120% of area median income remain in housing they can afford.

BofA Investing up to $150 Million in Middle-Income Housing Preservation Fund to Help Preserve 3,000+ Affordable Homes

Citigroup

JPMorgan Chase & Co

PNC Financial Services

Truist Financial

U.S. Bancorp

Wells Fargo

America's biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers make online purchases with a wallet tied to their Visa or Mastercard debit or credit cards, The Wall Street Journal reported Monday (Jan. 30).

Big Banks to Launch Apple Pay Competitor in 2023 H2

Apple

According to the Wall Street Journal, the digital wallet would be operated by Early Warning Systems, a joint venture from several banks that also runs Zelle.

Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay

Amazon

Disney

Realty Income Corp

Not all stocks make great starter investments – here are some that can be great introductions to the stock market.

Starting to Invest in 2023? 5 Great Starter Stocks to Buy Now

Four out of five economists believe we'll see a recession in the next 24 months.

Banks Are Building Reserves for a Potential Recession -- How Bad Do They Think It Will Be?

American Express

Chevron

Coca-Cola

The vast majority of the Oracle of Omaha's wealth is in Berkshire. But a lot of Berkshire's value is in the stocks that it owns.

Warren Buffett Has $32 Billion in These 5 Stocks

Bank of America reported 4Q-22 earnings which beats expectations by 11%. Bank of America's CEO is warning of a shallow recession.

Bank Of America: Best To Be Avoided In 2023

Bank of America, or BofA, needs to tread through less visibility in its net interest income growth in H1'23, complicated by the need to raise its deposit rates. The Fed and the market have also been squaring off on whether an earlier-than-expected pivot could be on the horizon.

Bank of America: Steering Confidently Through A Storm

Ally Financial

Goldman Sachs

Here are ones I've invested my own money in.

My 5 Favorite Bank Stocks for Long-Term Investors

Bank of America is the second-largest holding in Berkshire Hathaway's large equities portfolio.

1 Reason Warren Buffett Loves Bank of America

The Oracle of Omaha has a hidden $5.9 billion portfolio that's heavily concentrated in a handful of well-known stocks.

89% of Warren Buffett's Secret Portfolio Is Invested in Just 5 Stocks

Higher interest rates increase the likelihood of BAC.PL price increases. Price is emerging from a solid support level in BAC and BAC.PL.

Bank Of America: On The Verge Of Upside Breakout

The bank is starting to see signs of credit quality normalizing.

Commercial Loan Losses Just Rose 159% at Bank of America. Is This a Red Flag?

Warren Buffett is best known for buying in a down market, but he doesn't mind buying in a bull market either.

How Does Warren Buffett Handle a Bull Market?

Morgan Stanley

Big banks' earnings have shown the great financial services digital shift continues. J.P. Morgan, Bank of America, Citi and Wells last week provided variations on several themes: A mild recession seems a real possibility this year.

Big Bank Earnings Spotlight Unstoppable Digital Shift

We are off to a good-enough start to the 2022 Q4 season, with no signs yet of an impending earnings cliff that will prompt management teams to overwhelmingly guide lower.

A Good Enough Start to the Q4 Earnings Season

One bank customer, Jeepeto Cuarenton, tweeted a message indicating that his account was showing a negative balance of $-2,060.44.

Bank of America customers fume over negative balances, missing Zelle cash

Bank of America is reportedly freezing most hiring as it prepares for a possible recession. That's according to a report Wednesday (Jan.

BofA Reportedly Pauses Hiring Ahead of Recession

Alaska Air Group

Cardholders now enjoy new ways to earn double miles on everyday purchases,  priority boarding, expanded free checked bag privileges; for a limited time,  new cardholders can receive 70,000 bonus miles after making qualifying purchases SEATTLE , Jan. 18, 2023 /PRNewswire/ -- A new year reveals new reasons to celebrate what makes the Alaska Airlines Visa Signature® credit card, co-branded with Bank of America, better and more valuable than ever. Our current and new cardholders can now take advantage of enhanced benefits when they use the card while traveling with us and while making everyday purchases – from earning more miles in new ways to boarding their flight earlier to continued savings with a free checked bag and Alaska's Famous Companion Fare™.

Alaska Airlines and Bank of America announce enhanced benefits to our Visa Signature® card

Brian Moynihan said the world needs a global standards line so business and society can say, "if you're below it we shouldn't do business with you."

Bank of America CEO says capitalism needs cleaning up with new global ESG rules

Bank of America beat earnings estimates in the fourth quarter, but net interest income disappointed.

Bank of America Came Up Short on a Key Revenue Driver. Should Investors be Concerned?

AbbVie

Abbott Labs

Archer-Daniels-Midland Company

Aflac

Ameriprise Financial

Becton, Dickinson and Co.

Bristol-Myers

Cardinal Health

Caterpillar

Cisco Systems

CVS Health

Digital Realty Trust

Duke Energy

Emerson Electric

Enterprise Products Partners

Eaton

General Dynamics

General Mills

Alphabet

In 2015, I started publishing updates regarding my dividend growth portfolio, and I keep doing so every quarter. This is part of being transparent with my readers, so they can see what I hold and its correlation with my writing.

My Dividend Growth Portfolio - Q4 2022 Summary

Buffett's stock picks have earned him a billions of dollars and legendary reputation — here are three you can't afford to miss.

Should You Add These Warren Buffett Stocks to Your Portfolio?

Kraft Heinz

Occidental Petroleum

These half-dozen stocks will account for the lion's share of Berkshire Hathaway's more than $6 billion in dividend income this year.

Warren Buffett Is Raking in $4.84 Billion in Annual Dividend Income From These 6 Stocks

Bank of New York Mellon

Even as Buffett's company Berkshire Hathaway has ventured into other sectors, it has always invested in banks.

News for Bank of America Stock (BAC)