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.

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Cost of revenue

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SG&A

Other

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EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

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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

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Cash from financing

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Cash from other sources

Net change in cash

Free cash flow

Warren Buffett's Berkshire Hathaway Inc. has eased the pace of its sales of Bank of America Corp. stock, marking a third consecutive slowdown in the process. The sales, which began in mid-July, fetched some of the lowest prices seen since the legendary investor started liquidating shares.

Can Warren Buffett's latest $338 million sale of BofA shares hint at bigger moves ahead?

Investor Warren Buffett (Trades, Portfolio)'s activities in the capital market are closely watched as indicators of both a company's and the U.S. economy's prospects. Recently, Buffett has significantly reduced his holdings in Bank of America (BAC, Financial), sparking market discussions.

Buffett Reduces Stake in Bank of America Amid Market Speculation

JPMorgan Chase & Co

Wells Fargo

The year-over-year growth pace in aggregate earnings is expected to accelerate over the next four periods, with the absolute dollar level of quarterly earnings expected to reach new all-time records in each quarter as well.

Earnings Growth Set to Accelerate

Berkshire Hathaway, led by Warren Buffett (Trades, Portfolio), has disclosed in a regulatory filing that it recently sold $337.9 million worth of shares in Bank of America (BAC, Financial). The sales occurred over the past few days, with transactions taking place on September 30, October 1, and October 2.

Berkshire Hathaway Sells $337.9 Million in Bank of America Shares

Bank of America (BAC) reachead $39.23 at the closing of the latest trading day, reflecting a +0.03% change compared to its last close.

Bank of America (BAC) Laps the Stock Market: Here's Why

Ally Financial

Citigroup

Capital One

Chevron

Diageo

Jefferies Financial Group Inc

Kraft Heinz

Coca-Cola

Kroger

Occidental Petroleum

Paramount Global

Sirius XM Holdings Inc

Visa

This Berkshire/Buffett holdings from Kiplinger first appeared on 8/16/24 on BKH's SEC-Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 9/30/24 YCharts data. 25 of 41 current BRK-owned stocks pay dividends. As of 9/30/24, the Top 10 ranged from 2.23% to 4.56% by annual yield, and 29 of 41 ranged from 0.26% to 46.69% in broker-estimated target-price-upsides. Analysts project 10-50.2% net gains for top Buffett-held dividend stocks by September 2025, with Sirius XM and Occidental Petroleum leading in estimated returns.

Time To Buy 2 September Berkshire DiviDogs And Watch 6 More

An outage at Bank of America left some of its customers unable to access their accounts on Wednesday, while others saw what they said were erroneous balances of $0, according to a flood of reports on social media.

Bank of America customers report outage, with some seeing $0 balances in their accounts

Most customers reported having issues with their mobile banking accounts.

More than 20,000 Bank of America customers report outage on mobile banking app

Thousands of Bank of America customers are reportedly experiencing an online outage that is resulting in their accounts displaying erroneous balances, as well as issues at ATMs.

Thousands Of Bank Of America Users Report Online Outage

AbbVie

Bank of New York Mellon

Blackrock Inc

Caterpillar

Citizens Financial Group

Cigna

Deere & Company

Discover

Fastenal

Fifth Third Bancorp

Goldman Sachs

Interpublic Group of Companies

KeyCorp

Lamb Weston Hlds

Morgan Stanley

Omnicom Group

Otis Worldwide

PNC Financial Services

Regions Financial

Ralph Lauren

Charles Schwab

Simon Property Group

Steel Dynamics

Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.

Dividend Stocks With Strong Q4 Seasonality

American Express

Costco

Microsoft

These five stocks are known for their generous dividend programs and robust business models.

5 Best Dividend Growth Stocks to Buy in October

Lower interest rates and branch expansion efforts are likely to aid Bank of America. Let's decipher how BAC is likely to perform amid such a backdrop.

How to Play BAC Stock Amid Interest Rate Cuts & Branch Expansion Plan?

Its stake is getting closer to the 10% reporting threshold.

Berkshire Hathaway Sells More Bank of America Stock as Streak Hits 9 Days

Truist Bank and U.S. Bank Recognized as Overall Leaders; Privacy Identified as the Key Driver of Consumer Trust Truist Bank and U.S. Bank Recognized as Overall Leaders; Privacy Identified as the Key Driver of Consumer Trust

Bank of America Named Best in Class in Javelin's 2024 Cyber Trust in Banking Scorecard

Banc of California

Eastern Bankshares, Inc.

East West Bancorp

First Horizon National

F.N.B. Corp.

M&T Bank

Prosperity Bancshares

Western Alliance Bancorporation

Webster Financial

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

11 favored bank stocks that still trade at cheap valuations

Only 47% of college students feel financially prepared for the "real world" CHARLOTTE, N.C. , Sept. 26, 2024 /PRNewswire/ -- Bank of America today announced a new solution to help parents support their children as they begin their financial journeys.

From Piggy Bank to Family Banking: BofA Launches New Solution to Help Parents Raise Financially Savvy Kids

The Securities and Exchange Commission charged Harvest Volatility Management and Merrill Lynch on Wednesday for exceeding clients' predesignated investment limits over a two-year period. The two companies settled separately and will pay a combined $9.3 million to resolve the claims.

SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

Bank of America Corporation (NYSE:BAC ) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks.

Bank of America Corporation (BAC) 29th Annual Financials CEO Conference (Transcript)

The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said at a conference on Wednesday.

Bank of America CFO says Fed seems to be winning inflation battle

Bank of America (BAC) concluded the recent trading session at $39.45, signifying a -1.05% move from its prior day's close.

Bank of America (BAC) Stock Declines While Market Improves: Some Information for Investors

For many Americans, online banking may be the preferred method of interacting with their bank's services, but that isn't stopping Bank of America from opening tons of new brick-and-mortar branches by the end of 2026.

Bank of America is opening 165 new branches, joins list of financial retail expansions in the age of online banking

Independent Study Proves Event is Economically Crucial for Tourism Industry, Local Businesses, and Job Growth CHICAGO , Sept. 24, 2024 /PRNewswire/ -- The Bank of America Chicago Marathon continues to generate significant impact for the Chicagoland region, with the 2023 race contributing a record-breaking $547 million to the city's economy, a 42% increase from the $386 million impact in 2022, according to an independent economic impact study conducted by Jones & Associates Economics.

Bank of America Chicago Marathon Creates Record Breaking $547 Million Impact on Chicago Economy in 2023

Bank of America will open more than 165 branches by 2026-end. The plan aligns with the company's efforts to leverage cross-selling opportunities.

BAC to Open 165 Branches by 2026-End: A Strategic Push for Growth

When interest rate-cutting cycles hit the stock market, investors typically assume that they will positively affect most stocks, but that's just not the case. Some could benefit, such as consumer discretionary names and others in the energy sector, considering that consumer and business activity tends to rise after cuts.

Rate Cut Shockwaves: Which Bank Stocks Will Rise or Fall?

News for Bank of America Stock (BAC)