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

Essex Property Trust

Medtronic

These 3 dividend stocks all pay stable and growing dividends

3 Cheap Dividend Stocks With More Than 10% Upside

Amazon

Pinterest

Redfin

Wells Fargo

I'm not a short-term investor, but these stocks could have a great year.

5 Stocks That Could Crush the S&P 500 in 2023

Citigroup

JPMorgan Chase & Co

Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be significantly lowered.

Are Earnings Estimates at Risk of Big Cuts in the Days Ahead?

Johnson & Johnson

Visa

Dividend growth stocks can contribute significantly to increasing your additional income in the form of dividends year over year. In this article I will present 3 companies that I currently consider to be attractive, particularly due to their strong competitive advantages and current valuation.

3 Dividend Growth Stocks To Buy In January 2023

Bank of America (BAC) is not expected to witness support from its investment banking business in the fourth quarter of 2022.

Weak Investment Banking to Hurt BofA (BAC) in Q4 Earnings

Accenture Plc

Hewlett Packard

Microsoft

NVIDIA

Truist Financial

Verizon

As more corporations strive to prioritize environmental, social and governance factors over their balance sheets, hedge fund icon Paul Tudor Jones (Trades, Portfolio) told CNBC's “Squawk Box” on Tuesday it is clear if “you do what the vast majority of Americans want, your company is going to be rewarded in its stock performance.”

Paul Tudor Jones Says ESG-Friendly Companies Will 'Be Rewarded'

Bank of New York Mellon

At the sound of the bell Wednesday morning, the three major stock indexes opened higher.

Earnings Previews: Bank of America, BNY Mellon, Citigroup, JPMorgan, Wells Fargo

Higher interest rates, decent loan demand and robust trading performance are expected to have supported BofA's (BAC) Q4 earnings.

Higher Interest Rates, Loans to Aid BofA (BAC) Q4 Earnings

CHARLOTTE, N.C. , Jan. 10, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:  Series of Preferred Stock Dividend per Share or Depositary Share1 Record Date Payment Date Floating Rate Non-Cumulative Preferred Stock, Series E $0.31664 January 31 February 15 Floating Rate Non-Cumulative Preferred Stock, Series F $1,292.25000 February 28 March 15 Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,292.25000 February 28 March 15 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X $31.25 February 15 March 6 Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.3429 February 15 February 28 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.34412 February 15 February 28 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.35051 February 15 February 28 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.33065 February 1 February 21 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA $30.50 March 1 March 17 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD $31.50 February 15 March 10 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF $29.375 March 1 March 15 6.000% Non-Cumulative Preferred Stock, Series GG $0.375 February 1 February 16 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 March 1 March 27 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125 March 1 March 17 4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 February 1 February 17 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 February 1 February 17 1  Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.

Bank of America Declares Preferred Stock Dividends for First Quarter 2023

ConocoPhillips

D.R. Horton

Lennar

Ovintiv

Occidental Petroleum

American Express

Macerich

Simon Property Group

Warner Bros Discovery Inc

As we start the year 2023, we are reminded of the profound poetry from the band, Echosmith, in the song, “Cool Kids.” It can teach us about what it takes to succeed in long-duration common stock investing currently.

Not the Cool Kids

New programs to provide STEM education & improve workforce development CHARLOTTE, N.C. , Jan. 10, 2023 /PRNewswire/ -- Today, Bank of America is announcing a $1 million donation to Discovery Place to provide students and teachers resources and skills for education and career development to meet the growing demand for STEM jobs.

Bank of America Donates $1 Million to Discovery Place

Goldman Sachs

Morgan Stanley

Rising prices and higher borrowing costs have led consumers and businesses to curb spending, and since banks serve as economic middlemen, their profits decline when activity slows.

US banks get ready for shrinking profits and recession

Higher interest rates, decent loan demand and solid trading are expected to have aided BofA's (BAC) Q4 earnings amid weakness in IB and higher provisions.

Higher Rates, Trading to Aid BofA (BAC) Q4 Earnings, IB to Hurt

First Republic

Bank stocks are expected to move between 3.80% and 5.90% over this week's earnings announcements. Here's what the option market is saying.

How Much Will Bank Stocks Move On Earnings? Draw Estimates With Option Prices

Despite cross-currents from such potential factors as a weaker job market, easing inflation, and a rising cost of living, consumers' New Year's resolutions to get healthier may also heat up changes in spending habits NEW YORK , Jan. 10, 2023 /PRNewswire/ -- Bank of America Institute released new analysis today which shows that, while 2022 was a solid year for consumer spending, the New Year brings with it cross-currents for U.S. consumers, including a potentially weaker job market and easing inflation pressures in 2023. Although January and February are typically lighter months, New Year resolutions to get healthy may provide some support for spending.

BofA Data Finds that 2022 was a Solid Year for Consumer Spending, But the New Year Brings New Challenges

Ally Financial

General Motors

Markel

Here are my favorite stocks that Warren Buffett and his team have invested in.

7 Warren Buffett Stocks I Bought for My Own Portfolio

Disney

Fiverr

Western Digital

A relatively small amount of money can go a long way when it's invested in game-changing businesses.

The Smartest Stocks to Buy With $100 in 2023

The nation's second largest bank bucked the downward trend in the latter half of 2022.

Bank of America Stock Actually Gained 6.4% in the Second Half of 2022. Is the Worst Over?

Bed Bath & Beyond

KB Home

Taiwan Semiconductor Manufacturing

Q4 2022 Earnings Season in Focus

The 2023 earnings season starts with four major US banks reporting quarterly earnings this week. In light of the Federal Reserve's tightening of financial conditions, it is interesting to see the impact the interest rate hikes had on the US banks' profitability.

Top 4 US banks reporting quarterly earnings this week

UBS Group AG

Analysts appear to be mildly optimistic overall about the new year.

Will the Stock Market Recover in 2023? Here's What Wall Street Thinks.

Many in the market consider current earnings expectations to be too high and fear that the Q4 earnings season will cause estimates to be lowered significantly.

2022 Q4 Earnings Season Preview: Will Estimates Hold Their Ground?

J.P.Morgan Chase & Co., Wells Fargo Co., Citigroup Inc. and Bank of America Corp. will kick off fourth-quarter bank earnings reporting season next Friday as the banks face a choppy economic environment.

Banks gain favor in risk-off environment but earnings uncertainty remains

Amid broadly lower expectations, several bank earnings reports are being released Friday before the stock market's opening bell. The post Bank Earnings Among First Q4 Results As Profit Outlook Deteriorates appeared first on Investor's Business Daily.

Bank Earnings Among First Q4 Results As Profit Outlook Deteriorates

Apple

Pfizer

UnitedHealth Group

Exxon Mobil

As the market continues to contend with persistent inflation, higher interest rates and the specter of a 2023 recession, stocks of even well-established companies remain at depressed prices. In other words, there are still plenty of cheap blue-chip stocks out there, many of which make for solid long-term buys.

News for Bank of America Stock (BAC)