Bank of America Corporati...

NYSE: BAC · Real-Time Price · USD
47.34
-0.37 (-0.78%)
At close: Aug 15, 2025, 9:57 AM

Bank of America Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
192.43B 171.91B 115.05B 93.85B
Cost of Revenue
96.37B 77.72B 22.65B 144M
Gross Profit
96.07B 94.19B 92.41B 93.71B
Operating Income
29.25B 28.34B 30.97B 33.98B
Interest Income
146.61B 130.26B 72.56B 47.67B
Pretax Income
29.25B 28.34B 30.97B 33.98B
Net Income
27.13B 26.52B 27.53B 31.98B
Selling & General & Admin
49.62B 47.72B 45.95B 45.05B
Research & Development
n/a n/a n/a n/a
Other Expenses
17.19B 18.13B 15.49B 14.68B
Operating Expenses
66.81B 65.84B 61.44B 59.73B
Interest Expense
90.55B 73.33B 20.1B 4.74B
Selling & Marketing Expenses
5.45B 5.54B 5.48B 5.82B
Cost & Expenses
163.18B 143.57B 84.08B 59.88B
Income Tax Expense
2.12B 1.83B 3.44B 2B
Shares Outstanding (Basic)
7.74B 8.03B 8.11B 8.49B
Shares Outstanding (Diluted)
7.84B 8.08B 8.17B 8.56B
EPS (Basic)
3.25 3.10 3.21 3.60
EPS (Diluted)
3.22 3.08 3.19 3.57
EBITDA
31.44B 30.4B 32.95B 35.87B
EBIT
29.25B 28.34B 30.97B 33.98B
Depreciation & Amortization
2.19B 2.06B 1.98B 1.9B