Bank of America Corporati...
(BAC-PS)
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Income Statement (Annual)
Get detailed income statement breakdowns, uncovering revenue,
expenses, and much more.
Year | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | FY08 | FY07 | FY06 | FY05 | FY04 | FY03 | FY02 | FY01 | FY00 | FY99 | FY98 | FY97 | FY96 | FY95 | FY94 | FY93 | FY92 |
Revenue | 98.58B | 92.41B | 93.71B | 74.21B | 85.58B | 87.74B | 83.73B | 80.10B | 79.80B | 83.62B | 83.95B | 73.56B | 86.09B | 104.96B | 109.63B | 72.24B | 62.26B | 69.39B | 57.17B | 51.02B | 38.83B | 35.12B | 35.11B | 32.96B | 32.55B | 31.50B | 13.05B | 10.04B | 8.54B | 7.81B | 6.82B | 6.26B |
Cost of Revenue | 2.79B | - | - | - | - | - | - | - | - | - | - | - | - | 23.39B | 22.35B | 12.78B | 9.67B | 8.73B | 7.91B | 8.03B | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit | 95.79B | - | - | - | - | - | - | - | - | - | - | - | 86.09B | 81.57B | 87.28B | 59.47B | 52.59B | 60.66B | 49.27B | 42.98B | 38.83B | 35.12B | 35.11B | 32.96B | 32.55B | 31.50B | 13.05B | 10.04B | 8.54B | 7.81B | 6.82B | 6.26B |
Operating Income | 39.50B | 38.64B | 40.95B | 25.73B | 38.84B | 41.55B | 37.37B | 34.82B | 32.91B | 34.74B | 33.13B | 2.74B | -230.00M | -1.32B | 4.36B | 4.43B | 20.92B | 31.97B | 24.48B | 21.22B | 15.86B | 12.99B | 10.12B | 11.79B | 12.21B | 8.05B | 4.80B | 3.63B | 2.99B | 2.56B | 2.19B | 1.40B |
Interest Income | 130.26B | 72.56B | 47.67B | 51.59B | 71.24B | 66.77B | 57.58B | 51.06B | 49.80B | 50.89B | 55.02B | 57.40B | 66.24B | 75.50B | 77.92B | 85.68B | 87.30B | 78.58B | 58.63B | 43.23B | 31.64B | 32.16B | 38.29B | 43.26B | 37.32B | 38.59B | 16.58B | 13.80B | 13.22B | 10.53B | 8.21B | 7.78B |
Pretax Income | 28.34B | 30.97B | 33.98B | 19.00B | 32.75B | 34.58B | 29.21B | 25.02B | 22.19B | 7.96B | 14.73B | 3.07B | -230.00M | -1.32B | 4.36B | 4.43B | 20.92B | 31.97B | 24.48B | 21.22B | 15.86B | 12.99B | 10.12B | 11.79B | 12.21B | 8.05B | 4.80B | 3.63B | 2.99B | 2.56B | 1.99B | 1.40B |
Net Income | 26.52B | 27.53B | 31.98B | 17.89B | 27.43B | 28.15B | 18.23B | 17.82B | 15.91B | 5.52B | 10.54B | 2.76B | 1.45B | -2.24B | 6.28B | 4.01B | 14.98B | 21.13B | 16.46B | 14.14B | 10.81B | 9.25B | 6.79B | 7.52B | 7.88B | 5.17B | 3.08B | 2.38B | 1.95B | 1.69B | 1.50B | 1.15B |
Selling & General & Admin | 56.29B | 53.76B | 52.76B | 48.48B | 46.74B | 46.19B | 46.36B | 45.29B | 46.90B | 48.88B | 50.82B | 52.55B | 64.47B | 57.29B | 52.37B | 31.89B | 29.32B | 27.80B | 16.31B | 14.82B | 11.43B | 10.44B | 10.51B | 10.02B | 9.85B | 9.99B | 3.94B | - | - | - | - | - |
Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 299.00M | 967.00M | - | - | - | - | - | - | -34.40B | -32.57B | -35.51B | -31.19B | -30.18B | -33.45B | -12.20B | -6.41B | -5.54B | -5.25B | -4.63B | -4.86B |
Operating Expenses | 56.29B | 53.76B | 52.76B | 48.48B | 46.74B | 46.19B | 46.36B | 45.29B | 46.90B | 48.88B | 50.82B | 70.49B | 64.77B | 58.26B | 4.21B | 3.96B | 3.53B | 3.41B | 2.19B | 2.19B | -22.97B | -22.13B | -25.00B | -21.17B | -20.33B | -23.46B | -8.26B | -6.41B | -5.54B | -5.25B | -4.63B | -4.86B |
Interest Expense | 73.33B | 20.10B | 4.74B | 8.22B | 22.34B | 18.61B | 12.91B | 9.96B | 10.55B | 10.93B | 12.76B | 16.74B | 21.62B | 23.97B | 30.81B | 40.32B | 52.87B | 43.99B | 27.89B | 14.43B | 10.18B | 11.24B | 18.00B | 24.82B | 19.09B | 20.29B | 8.68B | 7.47B | 7.77B | 5.32B | 3.57B | 3.68B |
Selling & Marketing Expenses | 5.54B | 1.82B | 1.94B | 1.70B | 1.93B | 1.67B | 1.75B | 1.70B | 1.81B | 1.83B | 1.83B | 1.87B | 2.20B | 1.96B | 1.93B | 2.37B | 2.36B | 2.34B | 1.25B | 1.35B | 985.00M | 753.00M | 682.00M | 621.00M | 537.00M | 581.00M | 300.00M | - | - | - | - | - |
Cost & Expenses | 56.29B | 53.76B | 52.76B | 48.48B | 46.74B | 46.19B | 46.36B | 45.29B | 46.90B | 48.88B | 50.82B | 70.49B | 64.77B | 58.26B | 26.57B | 16.74B | 13.20B | 12.15B | 10.09B | 10.22B | -22.97B | -22.13B | -25.00B | -21.17B | -20.33B | -23.46B | -8.26B | -6.41B | -5.54B | -5.25B | -4.63B | -4.86B |
Income Tax | 1.83B | 3.44B | 2.00B | 1.10B | 5.32B | 6.44B | 10.98B | 7.20B | 6.28B | 2.44B | 4.19B | 1.12B | -1.68B | 915.00M | -1.92B | 420.00M | 5.94B | 10.84B | 8.02B | 7.08B | 5.05B | 3.74B | 3.33B | 4.27B | 4.33B | 2.88B | 1.72B | 1.26B | 1.04B | 865.00M | 690.00M | 251.00M |
Shares Outstanding (Basic) | 8.03B | 8.11B | 8.49B | 8.75B | 9.39B | 10.10B | 10.20B | 10.28B | 10.46B | 10.53B | 10.73B | 10.75B | 10.14B | 9.79B | 7.73B | 4.59B | 4.42B | 4.53B | 4.01B | 3.76B | 2.97B | 3.04B | 3.19B | 3.29B | 3.45B | 1.14B | 1.14B | 1.18B | 1.09B | 1.10B | 1.03B | 974.78M |
Shares Outstanding (Diluted) | 8.08B | 8.17B | 8.56B | 8.80B | 9.44B | 10.24B | 10.78B | 11.05B | 11.24B | 10.58B | 11.49B | 10.84B | 10.25B | 9.79B | 7.73B | 4.60B | 4.46B | 4.60B | 4.07B | 3.82B | 3.03B | 3.13B | 3.25B | 3.32B | 3.52B | 1.17B | 1.14B | 1.20B | 1.10B | 1.11B | 1.04B | 992.04M |
EPS (Basic) | 3.10 | 3.21 | 3.60 | 1.88 | 2.77 | 2.64 | 1.63 | 1.57 | 1.38 | 0.43 | 0.86 | 0.26 | 0.01 | -0.23 | -0.29 | 0.54 | 3.32 | 4.66 | 4.10 | 3.71 | 3.64 | 3.04 | 2.13 | 2.28 | 2.28 | 4.47 | 5.58 | 2.00 | 1.78 | 1.53 | 1.45 | 1.15 |
EPS (Diluted) | 3.08 | 3.19 | 3.57 | 1.87 | 2.75 | 2.61 | 1.56 | 1.49 | 1.31 | 0.42 | 0.83 | 0.25 | 0.01 | -0.23 | -0.29 | 0.54 | 3.29 | 4.59 | 4.04 | 3.64 | 3.57 | 2.96 | 2.09 | 2.26 | 2.24 | 4.35 | 5.43 | 1.96 | 1.76 | 1.52 | 1.43 | 1.13 |
EBITDA | 30.40B | 38.64B | 40.95B | 25.73B | 38.84B | 41.55B | 37.37B | 26.05B | 32.91B | 34.74B | 33.13B | - | 3.25B | - | 51.35B | - | 74.11B | 60.87B | 46.00B | 38.68B | - | - | - | - | - | - | - | - | - | - | - | - |
Depreciation & Amortization | 2.06B | 1.98B | 1.90B | 1.84B | 1.73B | 2.06B | 2.10B | 2.24B | 834.00M | 936.00M | 1.09B | 1.26B | 1.51B | 1.73B | 1.98B | 1.83B | 2.84B | 2.87B | 1.77B | 1.64B | 1.11B | 1.10B | 1.73B | 1.78B | 1.92B | 2.00B | 865.00M | 442.00M | 399.00M | 406.00M | 352.00M | 339.00M |