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

JPMorgan Chase & Co

PNC Financial Services

Truist Financial

U.S. Bancorp

Wells Fargo

As midterms heat up, Congress is eyeing ways to hold megabanks accountable to consumers.

Jamie Dimon, Jane Fraser and Other CEOs Are Heading to Capitol Hill This Week for Their Annual Grilling

CEOs of some of the biggest banks in the country are expected to appear before the House Financial Services Committee today and the Senate Banking Committee tomorrow.

Big Bank CEOs Face Capitol Hill Grilling

Citigroup's Jane Fraser, JPMorgan's Jamie Dimon and others face two days of congressional hearings starting Wednesday.

Bank CEOs to Go Before Congress, With Economy and High Inflation in Focus

Congress will, this week, grill CEOs of top US banks, including JPMorgan Chase & Co (NYSE: JPM), Bank of America Corp (NYSE: BAC), Wells Fargo & Co (NYSE: WFC), Citigroup Inc.

Congress to grill CEOs of top US banks on the state of the economy

Apple

American Express

Coca-Cola

Time has proven quite the ally for the Oracle of Omaha.

Warren Buffett Is Sitting On $168 Billion In Unrealized Gains From These 4 Stocks

Bank of America Corp. ( BAC , Financial) is one of the most frequently traded bank stocks, with average daily volume touching 40 million shares. Due to its popularity among investors, the asset will likely trade near fair value as its liquidity dilutes price arbitrage.

Bank of America Is Overvalued

Goldman Sachs

Morgan Stanley

U.S. legislators will grill the bosses of the biggest U.S. consumer banks in Congress on Wednesday and Thursday on a slew of topics from the state of the economy to hot-button issues including abortion and climate.

Factbox: Meet the big bank CEOs set to be grilled by Congress

Bank of America Corporation (NYSE:BAC.PK ) BofA 27th Annual Financials CEO Conference Call September 20, 2022 8:15 AM ET Company Participants Alastair Borthwick - Chief Financial Officer Conference Call Participants Alastair Ryan - Bank of America Alastair Ryan Ladies and gentlemen, thank you for making it speedily back from lunch those of you that have so far and I guess there will be some struggles coming in. We are going to press on.

Bank of America Corporation (BAC) BofA 27th Annual Financials CEO Conference Transcript

CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol Hill this week in both the House and Senate as the fall midterm election season heats up and a stack of proposed banking bills await potential action.

Bank CEOs are heading to Capitol Hill this week for their annual grilling

The leaders of the country's seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer protection and compliance issues, enforcement actions and recidivism, and trends and developments in the industry.

Congress Calls Bank CEOs to Capitol Hill for Annual Interrogation

BankUnited

KeyCorp

The Zacks Major Regional Banks will benefit from the Fed's aggressive interest rate hikes and rise in loan demand. Business restructuring and digitization also offer support.

3 Major Regional Banks to Benefit From Rising Rates, Loans

Chevron

The Oracle of Omaha's $5.9 billion "hidden" portfolio is heavily concentrated in just a handful of stocks.

87% of Warren Buffett's Secret Portfolio Is Invested in These 5 Stocks

Silvergate Capital Corp

Bancorp

These bank stocks will get an earnings boost from rising interest rates.

Another Fed Rate Hike Is Coming: 3 Bank Stocks That Will Benefit From Rising Interest Rates

Intel

Nutrien

Petroleo Brasileiro

Rio Tinto plc Sponsored

Verizon

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Perhaps the biggest (though possibly unwitting) cheerleader for the best value stocks to buy is Federal Reserve chair Jerome Powell. During his monetary policy speech at the annual economic symposium at Jackson Hole, Wyoming, Powell mentioned that inflation effectively represents the core concern of the central bank.

The 7 Best Value Stocks to Buy Now

Could bank stocks be about to turn around and head north for the last quarter of the year? Let's take a look at three of them that are worth considering.

3 Banks Worth Considering For Q4

Amazon

General Motors

Visa

These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.

5 Warren Buffett Stocks to Buy and Never Sell

CHARLOTTE, N.C. , Sept. 15, 2022 /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 Shareor Depositary Share 1 Record Date Payment Date 7.25% Non-CumulativePerpetual ConvertiblePreferred Stock, Series L $18.125 October 1 October 31 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z $32.500 October 1 October 24 5.875% Non-CumulativePreferred Stock, Series HH $0.3671875 October 1 October 24   4.375% Non-CumulativePreferred Stock, Series NN $0.2734375 October 15 November 3   4.125% Non-CumulativePreferred Stock, Series PP $0.2578125 October 15 November 2 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 October 1 October 27   6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 October 1 October 27   1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Bank of America Declares Fourth Quarter 2022 Preferred Stock Dividends

A concentrated portfolio is one of the keys to the legendary investor's incredible success.

60% of Warren Buffett's Portfolio Is Invested in These 3 Stocks

Huntington Bancshares

Bank of America and NORD/LB will provide the construction financing, and Huntington National Bank will provide the tax equity financing for the 105 MWdc solar project BOISE, Idaho, Sept. 15, 2022 /PRNewswire/ -- Today, Clēnera, an Enlight company (TASE: ENLT), is pleased to announce the closing of construction and tax equity financing for the 105 MWdc Apex Solar project located in Beaverhead County, Montana.

Clēnera, an Enlight Company, Closes on Financing for Montana Utility-Scale Solar Project

CHARLOTTE, N.C. , Sept. 14, 2022 /PRNewswire/ -- The Bank of America Corporation Board of Directors today appointed José (Joe) E.

Bank of America Names José E. Almeida to Board of Directors

Banks including JPM, GS, BAC, C & WFC give a gloomy Q3 fee income guidance as the operating backdrop turns challenging. However, rising interest rates offer some support to banks' top line.

Banks Provide Grim Q3 Fee Income View, Rising Rates to Aid

Bank of America is one of the world's largest banks. We have developed a testing methodology for bank strength.

Is Your Bank Safe? - A Look At Bank of America

This is the second in a series of articles about "Have" and "Have Not" banks. The "Have" banks have cheap, sticky core deposits; the "Have Nots" don't. BAC has the best core deposits among big banks, a competitive advantage soon to be realized.

Bank Of America: A 'Have' Bank Poised To Breakout

LINCOLN, Neb.--(BUSINESS WIRE)--In partnership with the Arbor Day Foundation, Bank of America has provided $250,000 to support community health and resilience grants to four local environmental organizations. This funding will contribute to projects aimed at increasing environmental equity in several underserved neighborhoods and vulnerable communities in four cities across the country. The grant awardee organizations are the following environmental nonprofits: Georgia: Trees Atlanta California

Arbor Day Foundation Accelerates Local Tree Plantings in Neighborhoods of Greatest Need Through Community Resiliency Grant Program

JPMorgan Chase and Bank of America , the two largest U.S. banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.

News for Bank of America Stock (BAC)