Bank of America Corporati... (BAC)
46.16
2.04 (4.62%)
At close: Feb 28, 2025, 3:59 PM
46.03
-0.27%
After-hours: Feb 28, 2025, 05:57 PM EST
Bank of America Income Statement
Year | FY24 | 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 | 101.89B | 98.58B | 94.95B | 89.11B | 85.53B | 91.24B | 91.02B | 87.13B | 83.7B | 82.97B | 85.89B | 86.04B | 81.26B | 86.09B | 104.96B | 109.63B | 72.24B | 62.77B | 69.59B | 54.96B | 49.66B | 38.83B | 35.12B | 35.11B | 32.96B | 32.55B | 31.5B | 30.46B | 26.7B | 8.54B | 7.81B | 6.82B | 6.26B |
Cost of Revenue | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Gross Profit | 101.89B | 98.58B | 94.95B | 89.11B | 85.53B | 91.24B | 91.02B | 87.13B | 83.7B | 82.97B | 85.89B | 86.04B | 81.26B | 86.09B | 104.96B | 109.63B | 72.24B | 62.77B | 69.59B | 54.96B | 49.66B | 38.83B | 35.12B | 35.11B | 32.96B | 32.55B | 31.5B | 30.46B | 26.7B | 8.54B | 7.81B | 6.82B | 6.26B |
Operating Income | 29.25B | 28.34B | 30.97B | 33.98B | 19B | 32.75B | 34.58B | 29.21B | 25.02B | 22.19B | 7.96B | 16.17B | 3.07B | -230M | -1.32B | 4.36B | 4.43B | 20.92B | 31.97B | 24.48B | 20.91B | 15.86B | 12.99B | 10.12B | 11.79B | 12.21B | 8.05B | 10.56B | 9.31B | 2.99B | 2.56B | 1.99B | 1.4B |
Interest Income | 146.61B | 130.26B | 72.56B | 47.67B | 51.59B | 71.24B | 66.77B | 57.58B | 51.06B | 49.51B | 51.71B | 55.02B | 57.4B | 66.24B | 75.5B | 77.92B | 85.68B | 87.3B | 78.58B | 58.63B | 42.95B | 31.64B | 32.16B | 38.29B | 43.16B | 37.32B | 38.59B | 37.33B | 33.64B | 13.22B | 10.53B | 8.21B | 7.78B |
Pretax Income | 29.25B | 28.34B | 30.97B | 33.98B | 19B | 32.75B | 34.58B | 29.21B | 25.02B | 22.19B | 7.96B | 16.17B | 3.07B | -230M | -1.32B | 4.36B | 4.43B | 20.92B | 31.97B | 24.48B | 20.91B | 15.86B | 12.99B | 10.12B | 11.79B | 12.21B | 8.05B | 10.56B | 9.31B | 2.99B | 2.56B | 1.99B | 1.4B |
Net Income | 27.13B | 26.52B | 27.53B | 31.98B | 17.89B | 27.43B | 28.15B | 18.23B | 17.82B | 15.91B | 5.52B | 11.43B | 4.19B | 1.45B | -2.24B | 6.28B | 4.01B | 14.98B | 21.13B | 16.46B | 13.95B | 10.81B | 9.25B | 6.79B | 7.52B | 7.88B | 5.17B | 6.54B | 5.81B | 1.95B | 1.69B | 1.5B | 1.15B |
Selling & General & Admin | 50.32B | 47.72B | 45.95B | 45.05B | 41.16B | 42.07B | 40.52B | 41.84B | 47.27B | 49.22B | 65.86B | 58.62B | 56.22B | 64.47B | 57.29B | 52.37B | 31.89B | 29.84B | 28B | 22.74B | 21.3B | 11.43B | 10.44B | 10.51B | 10.02B | 9.85B | 9.99B | 9.36B | 8.09B | n/a | n/a | n/a | n/a |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 22.31B | 22.52B | 18.04B | 10.09B | 25.38B | 16.42B | 15.92B | 16.08B | 11.41B | 11.56B | 12.07B | 11.25B | 21.98B | 21.85B | 48.99B | 52.9B | 35.93B | 12.01B | 9.61B | 7.74B | 7.46B | 11.54B | 11.7B | 14.48B | 11.15B | 10.49B | 13.46B | 10.54B | 9.3B | 5.54B | 5.25B | 4.83B | 4.86B |
Operating Expenses | 72.63B | 70.24B | 63.98B | 55.14B | 66.53B | 58.49B | 56.44B | 57.91B | 58.68B | 60.78B | 77.93B | 69.87B | 78.19B | 86.32B | 106.28B | 105.27B | 67.81B | 41.84B | 37.61B | 30.48B | 28.76B | 22.97B | 22.13B | 25B | 21.17B | 20.33B | 23.46B | 19.9B | 17.39B | 5.54B | 5.25B | 4.83B | 4.86B |
Interest Expense | 90.55B | 73.33B | 20.1B | 4.74B | 8.22B | 22.34B | 18.61B | 12.34B | 9.96B | 10.55B | 10.94B | 12.76B | 16.74B | 21.62B | 23.97B | 30.81B | 40.32B | 52.86B | 43.99B | 27.89B | 14.99B | 10.18B | 11.24B | 18B | 24.82B | 19.09B | 20.29B | 18.9B | 16.68B | 7.77B | 5.32B | 3.57B | 3.68B |
Selling & Marketing Expenses | 5.45B | 5.54B | 5.48B | 5.82B | 5.13B | 4.7B | 4.53B | 4.79B | 1.7B | 1.81B | 1.83B | 1.83B | 1.87B | 2.2B | 1.96B | 1.93B | 2.37B | 2.36B | 2.34B | 1.25B | 1.35B | 985M | 753M | 682M | 621M | 537M | 581M | 655M | 589M | n/a | n/a | n/a | n/a |
Cost & Expenses | 72.63B | 70.24B | 63.98B | 55.14B | 66.53B | 58.49B | 56.44B | 57.91B | 58.68B | 60.78B | 77.93B | 69.87B | 78.19B | 86.32B | 106.28B | 105.27B | 67.81B | 41.84B | 37.61B | 30.48B | 28.76B | 22.97B | 22.13B | 25B | 21.17B | 20.33B | 23.46B | 19.9B | 17.39B | 5.54B | 5.25B | 4.83B | 4.86B |
Income Tax | 2.12B | 1.83B | 3.44B | 2B | 1.1B | 5.32B | 6.44B | 10.98B | 7.2B | 6.28B | 2.44B | 4.74B | -1.12B | -1.68B | 915M | -1.92B | 420M | 5.94B | 10.84B | 8.02B | 6.96B | 5.05B | 3.74B | 3.33B | 4.27B | 4.33B | 2.88B | 4.01B | 3.5B | 1.04B | 865M | 690M | 251M |
Shares Outstanding (Basic) | 7.74B | 8.03B | 8.11B | 8.49B | 8.75B | 9.39B | 10.1B | 10.2B | 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 | 1.1B | 1.03B | 974.78M |
Shares Outstanding (Diluted) | 7.84B | 8.08B | 8.17B | 8.56B | 8.8B | 9.44B | 10.24B | 10.78B | 11.05B | 11.24B | 10.58B | 11.49B | 10.84B | 10.25B | 9.79B | 7.73B | 4.6B | 4.46B | 4.6B | 4.07B | 3.82B | 3.03B | 3.13B | 3.25B | 3.32B | 3.52B | 1.17B | 1.14B | 1.2B | 1.1B | 1.11B | 1.04B | 992.04M |
EPS (Basic) | 3.25 | 3.10 | 3.21 | 3.60 | 1.88 | 2.77 | 2.64 | 1.63 | 1.58 | 1.38 | 0.36 | 0.94 | 0.26 | 0.01 | -0.37 | -0.29 | 0.56 | 3.32 | 4.66 | 4.10 | 3.71 | 3.64 | 3.04 | 2.13 | 2.28 | 2.28 | 1.49 | 1.86 | 2.00 | 1.78 | 1.53 | 1.45 | 1.15 |
EPS (Diluted) | 3.22 | 3.08 | 3.19 | 3.57 | 1.87 | 2.75 | 2.61 | 1.56 | 1.50 | 1.31 | 0.36 | 0.90 | 0.25 | 0.01 | -0.37 | -0.29 | 0.55 | 3.29 | 4.59 | 4.04 | 3.64 | 3.57 | 2.96 | 2.09 | 2.26 | 2.24 | 1.45 | 1.81 | 1.96 | 1.76 | 1.52 | 1.43 | 1.13 |
EBITDA | 29.25B | 30.4B | 32.95B | 35.87B | 20.84B | 34.48B | 36.65B | 31.32B | 27.26B | 24.58B | 10.48B | 18.86B | 6.11B | 3.25B | 2.59B | 8.67B | 7.75B | 23.77B | 34.84B | 26.25B | 22.54B | 16.97B | 14.1B | 11.85B | 13.57B | 14.13B | 10.05B | 12.52B | 10.84B | 3.39B | 2.96B | 2.34B | 1.74B |
Depreciation & Amortization | n/a | 2.06B | 1.98B | 1.9B | 1.84B | 1.73B | 2.06B | 2.1B | 2.24B | 2.39B | 2.52B | 2.68B | 3.04B | 3.48B | 3.91B | 4.31B | 3.32B | 2.84B | 2.87B | 1.77B | 1.64B | 1.11B | 1.1B | 1.73B | 1.78B | 1.92B | 2B | 1.96B | 1.53B | 399M | 406M | 352M | 339M |