BAC Stock Annual Income Statement. Download in Excel
Bank of America Corporation
BAC 
NYE
Sector: Financial Services
Industry: Banks - Global
46.46
USD
0.40
(0.87%)
Previous close: 46.06 Open: 46.39 Bid: 46.46 Ask: 46.47
52 week range
29.32 47.05
Mkt Cap: 356,098 M Avg Vol (90 Days): 36,904,746
Last updated: Friday 22nd November 2024
Financials
BAC Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AccruedPreferredStockDividends | 1,044 M | 1,483 M | 1,682 M | 1,614 M | 1,451 M | 1,432 M | 1,421 M | 1,421 M | 1,513 M | 1,649 M |
| Amortization of intangibles | 936 M | 834 M | 730 M | 621 M | 538 M | 112 M | 95 M | 76 M | 78 M | 78 M |
| Basic EPS from continuing operations | 0.36 | 1.38 | 1.58 | 1.63 | 2.64 | 2.77 | 1.88 | 3.6 | 3.21 | 3.1 |
| Basic EPS total | 0.36 | 1.38 | 1.58 | 1.63 | 2.64 | 2.77 | 1.88 | 3.6 | 3.21 | 3.1 |
| Basic weighted shares outstanding | 10,528 M | 10,462 M | 10,284 M | 10,196 M | 10,097 M | 9,391 M | 8,753 M | 8,493 M | 8,114 M | 8,029 M |
| CreditLossesProvision | 2,275 M | 3,161 M | 3,597 M | 3,396 M | 3,282 M | 3,574 M | 10,565 M | 4,173 M | ||
| Depreciation unreconciled | 936 M | 834 M | 730 M | |||||||
| DepreciationAndAmortization | 936 M | 834 M | 730 M | |||||||
| Diluted EPS total | 0.36 | 1.31 | 1.5 | 1.56 | 2.61 | 2.75 | 1.87 | 3.57 | 3.19 | 3.08 |
| Diluted normalized net income/share | 0.36 | 1.31 | 1.5 | 1.56 | 2.61 | 2.75 | 1.87 | 3.57 | 3.19 | 3.08 |
| Diluted weighted shares outstanding | 10,585 M | 11,214 M | 11,036 M | 10,778 M | 10,237 M | 9,443 M | 8,797 M | 8,558 M | 8,168 M | 8,081 M |
| Dividends paid per share | 0.12 | 0.2 | 0.25 | 0.39 | 0.54 | 0.66 | 0.72 | 0.78 | 0.86 | 0.96 |
| EarningLossOfEquityInvestments | -2,072 M | |||||||||
| Equipment | 2,125 M | 2,039 M | 1,804 M | 1,692 M | 1,705 M | |||||
| FeesAndCommissions | 28,234 M | 29,041 M | 28,087 M | 13,836 M | 28,100 M | 28,874 M | 19,657 M | 43,635 M | 24,862 M | 15,621 M |
| ImpairmentOfCapitalAssets | 52 M | |||||||||
| Income before tax | 6,855 M | 22,070 M | 25,021 M | 29,213 M | 34,584 M | 32,754 M | 18,995 M | 33,976 M | 30,969 M | 28,342 M |
| Income taxes | 2,022 M | 6,234 M | 7,199 M | 10,981 M | 6,437 M | 5,324 M | 1,101 M | 1,998 M | 3,441 M | 1,827 M |
| Interest expense | 10,934 M | 10,549 M | 9,961 M | 12,912 M | 18,607 M | 22,345 M | 8,225 M | 4,738 M | 20,103 M | 73,331 M |
| InterestExpenseForDeposit | 1,080 M | 861 M | 1,015 M | 1,931 M | 4,495 M | 7,188 M | 1,943 M | 537 M | 4,718 M | 26,163 M |
| InterestExpenseForLongTermDebt | 5,700 M | 5,958 M | 5,578 M | 6,239 M | 6,915 M | 6,700 M | 4,321 M | 3,431 M | 6,869 M | 14,572 M |
| InterestExpenseForLongTermDebtAndCapitalSecurities | 5,700 M | 5,958 M | 5,578 M | 6,239 M | 6,915 M | 6,700 M | 4,321 M | 3,431 M | 6,869 M | 14,572 M |
| InterestExpenseForShortTermDebt | 2,578 M | 2,387 M | 2,350 M | 3,538 M | 5,839 M | 7,208 M | 987 M | -358 M | 6,978 M | 30,553 M |
| InterestIncome | 50,886 M | 49,507 M | 51,057 M | 57,579 M | 66,769 M | 71,236 M | 51,585 M | 47,672 M | 72,565 M | 130,262 M |
| InterestIncomeAfterProvisionForLoanLoss | 37,677 M | 35,797 M | 37,499 M | 41,271 M | 44,880 M | 45,317 M | 32,795 M | 42,934 M | 52,462 M | 56,931 M |
| InterestIncomeFromFederalFundsSoldAndSecuritiesPurchaseUnderAgreementsToResell | 1,039 M | 988 M | 1,118 M | 2,390 M | 3,176 M | 4,843 M | 903 M | -90 M | 4,560 M | 18,679 M |
| InterestIncomeFromInvestmentSecurities | 8,021 M | 9,178 M | 9,167 M | 10,471 M | 66,769 M | 71,236 M | 51,585 M | 47,672 M | 72,565 M | 130,262 M |
| InterestIncomeFromLeases | 1,688 M | 1,638 M | 1,543 M | 1,530 M | 1,733 M | |||||
| InterestIncomeFromLoans | 34,307 M | 31,918 M | 33,228 M | 36,221 M | 40,811 M | 43,086 M | 34,029 M | 29,282 M | 37,919 M | 57,124 M |
| InterestIncomeFromLoansAndLease | 34,307 M | 31,918 M | 33,228 M | 36,221 M | 40,811 M | 44,774 M | 35,667 M | 30,825 M | 39,449 M | 58,857 M |
| InterestIncomeFromOtherMoneyMarketInvestments | 4,561 M | 4,397 M | 4,423 M | 4,474 M | ||||||
| InterestIncomeFromSecurities | 12,582 M | 13,575 M | 13,590 M | 14,945 M | 66,769 M | 71,236 M | 51,585 M | 47,672 M | 72,565 M | 130,262 M |
| InterestIncomeFromTradingAccountSecurities | 4,474 M | 4,811 M | ||||||||
| InvestmentBankingProfit | 6,065 M | 5,572 M | 5,241 M | 6,011 M | 5,327 M | |||||
| MarketingExpense | 1,829 M | 1,811 M | 1,703 M | 1,746 M | 1,674 M | 1,934 M | 1,701 M | 1,939 M | 1,825 M | 1,927 M |
| Net income from total operations | 4,833 M | 15,836 M | 17,822 M | 18,232 M | 28,147 M | 27,430 M | 17,894 M | 31,978 M | 27,528 M | 26,515 M |
| NetIncomeCommonStockholders | 3,789 M | 14,353 M | 16,140 M | 16,618 M | 26,696 M | 25,998 M | 16,473 M | 30,557 M | 26,015 M | 24,866 M |
| NetIncomeContinuousOperations | 4,833 M | 15,836 M | 17,822 M | 18,232 M | 28,147 M | 27,430 M | 17,894 M | 31,978 M | 27,528 M | 26,515 M |
| NetInterestIncome | 39,952 M | 38,958 M | 41,096 M | 44,667 M | 48,162 M | 48,891 M | 43,360 M | 42,934 M | 52,462 M | 56,931 M |
| NetOccupancyExpense | 4,260 M | 4,093 M | 4,038 M | 4,009 M | 6,380 M | 6,588 M | 7,141 M | 7,138 M | 7,071 M | 7,164 M |
| NonInterestExpense | 75,117 M | 57,734 M | 55,083 M | 54,743 M | 53,154 M | 54,900 M | 55,213 M | 59,731 M | 61,438 M | 65,845 M |
| NonInterestIncome | 44,295 M | 44,007 M | 42,605 M | 42,685 M | 42,858 M | 42,353 M | 42,168 M | 46,179 M | 42,488 M | 41,650 M |
| NonRecurringOperationExpense | 16,400 M | 1,200 M | 1,200 M | 753 M | 469 M | 681 M | 823 M | 164 M | 1,200 M | 519 M |
| Normalized income | 5,909 M | 2,718 M | 5,465 M | 8,571 M | 17,392 M | 17,141 M | 24,890 M | |||
| OccupancyAndEquipment | 6,385 M | 6,132 M | 5,842 M | 5,701 M | 6,380 M | 6,588 M | 7,141 M | 7,138 M | 7,071 M | 7,164 M |
| Other special charges | -14,947 M | -12,880 M | -11,999 M | -11,170 M | -10,398 M | -9,416 M | -18,802 M | 2,025 M | 2,008 M | 1,981 M |
| OtherCustomerServices | 5,944 M | 5,959 M | 5,851 M | 5,902 M | ||||||
| OtherInterestExpense | 1,576 M | 1,343 M | 1,018 M | 1,204 M | 18,607 M | 22,345 M | 8,225 M | 4,738 M | 20,103 M | 73,331 M |
| OtherInterestIncome | 2,958 M | 3,026 M | 3,121 M | 4,023 M | 91,020 M | 91,244 M | 85,528 M | 89,113 M | 94,950 M | 98,581 M |
| OtherNonInterestExpense | 29,708 M | 13,825 M | 13,819 M | 13,477 M | 5,807 M | 7,280 M | 5,086 M | 4,977 M | 6,647 M | 9,049 M |
| OtherNonInterestIncome | 1,203 M | 1,783 M | 1,885 M | 15,561 M | 42,858 M | 33,319 M | 33,813 M | 37,488 M | 30,413 M | 28,918 M |
| OtherunderPreferredStockDividend | 1,044 M | 1,483 M | 1,682 M | 1,614 M | 1,451 M | 1,432 M | 1,421 M | 1,421 M | 1,513 M | 1,649 M |
| PreferredStockDividends | 1,044 M | 1,483 M | 1,682 M | 1,614 M | 1,451 M | 1,432 M | 1,421 M | 1,421 M | 1,513 M | 1,649 M |
| ProfessionalExpenseAndContractServicesExpense | 2,472 M | 2,264 M | 1,971 M | 1,888 M | 1,699 M | 1,597 M | 1,694 M | 1,775 M | 2,142 M | 2,159 M |
| Revenue per share | 936 M | 834 M | 730 M | 621 M | 538 M | 112 M | 95 M | 76 M | 78 M | 78 M |
| SalariesAndWages | 33,787 M | 32,868 M | 31,748 M | 31,931 M | 31,880 M | 31,977 M | 32,725 M | 36,140 M | 36,447 M | 38,330 M |
| SecuritiesActivities | 1,563 M | 2,364 M | 1,853 M | 43,500 M | 28,100 M | 28,874 M | 19,657 M | 43,635 M | 24,862 M | 15,621 M |
| Selling Gen & administrative expense | 35,616 M | 34,679 M | 33,451 M | 33,677 M | 33,554 M | 33,911 M | 34,426 M | 38,079 M | 38,272 M | 40,257 M |
| SellingAndMarketingExpense | 1,829 M | 1,811 M | 1,703 M | 1,746 M | 1,674 M | 1,934 M | 1,701 M | 1,939 M | 1,825 M | 1,927 M |
| ServiceChargeOnDepositorAccounts | 7,443 M | 7,381 M | 7,638 M | 7,818 M | ||||||
| Special income/charges | -29,708 M | -13,825 M | -13,819 M | -13,477 M | -5,807 M | -7,280 M | -5,086 M | -4,977 M | -6,647 M | -9,049 M |
| Total common shares outstanding | 10,520 M | 10,326 M | 10,025 M | 10,244 M | 9,659 M | 8,729 M | 8,633 M | 8,070 M | 8,004 M | 7,873 M |
| Total net income | 4,833 M | 15,836 M | 17,822 M | 18,232 M | 28,147 M | 27,430 M | 17,894 M | 31,978 M | 27,528 M | 26,515 M |
| Total ordinary shares | 7,760 M | 7,760 M | 7,760 M | 7,760 M | 7,760 M | 7,760 M | 7,760 M | 7,760 M | 7,760 M | 7,760 M |
| Total revenues | 84,247 M | 82,965 M | 83,701 M | 87,352 M | 91,020 M | 91,244 M | 85,528 M | 89,113 M | 94,950 M | 98,581 M |
| TotalRevenue | 84,247 M | 82,965 M | 83,701 M | 87,352 M | 91,020 M | 91,244 M | 85,528 M | 89,113 M | 94,950 M | 98,581 M |
| TradingGainLoss | -6,309 M | -6,473 M | -6,902 M | -7,277 M | -8,540 M | -9,034 M | -8,355 M | -8,691 M | -12,075 M | -12,732 M |
| TrustFeesbyCommissions | 13,284 M | 13,337 M | 12,745 M | 13,836 M | 14,160 M |
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