Financial Services -
Banks - Diversified - NYSE - US
$ 24.0
-0.621 %
$ 351 B
Market Cap
6.83
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Bank of America Corporation
| Revenue | 102 B |
| Cost Of Revenue | 0 |
| Gross Profit | 102 B |
| Operating Expenses | 72.6 B |
| Operating Income | 29.3 B |
| Other Expenses | 2.12 B |
| Net Income | 27.1 B |
Income Statement
Millions
| Dec-2024 | Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||||||
| Revenue | 101 887.0 | 98 581.0 | 94 950.0 | 89 113.0 | 85 528.0 | 91 244.0 | 91 020.0 | 87 126.0 | 83 701.0 | 82 965.0 | 85 894.0 | 86 041.0 | 81 264.0 | 86 094.0 | 104 960.0 | 109 629.0 | 72 243.0 | 62 769.0 | 69 587.0 | 54 963.0 | 49 665.0 | 38 827.0 | 35 124.0 | 35 113.0 | 32 956.0 | 32 546.0 | 31 504.0 | 30 459.0 | 26 705.0 | 8 536.0 | 7 807.0 | 6 822.0 | 6 260.0 |
| GROSS PROFIT | |||||||||||||||||||||||||||||||||
| Cost Of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 101 887.0 | 98 581.0 | 94 950.0 | 89 113.0 | 85 528.0 | 91 244.0 | 91 020.0 | 87 126.0 | 83 701.0 | 82 965.0 | 85 894.0 | 86 041.0 | 81 264.0 | 86 094.0 | 104 960.0 | 109 629.0 | 72 243.0 | 62 769.0 | 69 587.0 | 54 963.0 | 49 665.0 | 38 827.0 | 35 124.0 | 35 113.0 | 32 956.0 | 32 546.0 | 31 504.0 | 30 459.0 | 26 705.0 | 8 536.0 | 7 807.0 | 6 822.0 | 6 260.0 |
| OPERATING INCOME | |||||||||||||||||||||||||||||||||
| Operating Expenses | 72 633.0 | 70 239.0 | 63 981.0 | 55 137.0 | 66 533.0 | 58 490.0 | 56 436.0 | 57 913.0 | 58 680.0 | 60 778.0 | 77 931.0 | 69 869.0 | 78 192.0 | 86 324.0 | 106 283.0 | 105 269.0 | 67 815.0 | 41 845.0 | 37 614.0 | 30 483.0 | 28 757.0 | 22 966.0 | 22 133.0 | 24 996.0 | 21 168.0 | 20 331.0 | 23 456.0 | 19 903.0 | 17 394.0 | 5 545.0 | 5 252.0 | 4 831.0 | 4 864.0 |
| Selling, General and Administrative Expenses | 50 323.0 | 47 715.0 | 45 946.0 | 45 049.0 | 41 156.0 | 42 069.0 | 40 520.0 | 41 835.0 | 47 270.0 | 49 221.0 | 65 863.0 | 58 623.0 | 56 216.0 | 64 474.0 | 57 294.0 | 52 372.0 | 31 887.0 | 29 835.0 | 28 000.0 | 22 743.0 | 21 301.0 | 11 431.0 | 10 435.0 | 10 511.0 | 10 021.0 | 9 845.0 | 9 993.0 | 9 358.0 | 8 090.0 | 0 | 0 | 0 | 0 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 29 254.0 | 28 342.0 | 30 969.0 | 33 976.0 | 18 995.0 | 32 754.0 | 34 584.0 | 29 213.0 | 25 021.0 | 22 187.0 | 7 963.0 | 16 172.0 | 3 072.0 | (230.0) | (1 323.0) | 4 360.0 | 4 428.0 | 20 924.0 | 31 973.0 | 24 480.0 | 20 908.0 | 15 861.0 | 12 991.0 | 10 117.0 | 11 788.0 | 12 215.0 | 8 048.0 | 10 556.0 | 9 311.0 | 2 991.0 | 2 555.0 | 1 991.0 | 1 396.0 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||||||
| Interest Income Expense | 90 547.0 | 73 331.0 | 20 103.0 | 4 738.0 | 8 225.0 | 22 345.0 | 18 607.0 | 12 340.0 | 9 961.0 | 10 549.0 | 10 935.0 | 12 755.0 | 16 744.0 | 21 620.0 | 23 974.0 | 30 807.0 | 40 324.0 | 52 863.0 | 43 991.0 | 27 889.0 | 14 993.0 | 10 179.0 | 11 238.0 | 18 003.0 | 24 816.0 | 19 086.0 | 20 290.0 | 18 901.0 | 16 682.0 | 7 773.0 | 5 318.0 | 3 570.0 | 3 682.0 |
| Total Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Income | 29 254.0 | 28 342.0 | 30 969.0 | 33 976.0 | 18 995.0 | 32 754.0 | 34 584.0 | 29 213.0 | 25 021.0 | 22 187.0 | 7 963.0 | 16 172.0 | 3 072.0 | (230.0) | (1 323.0) | 4 360.0 | 4 428.0 | 20 924.0 | 31 973.0 | 24 480.0 | 20 908.0 | 15 861.0 | 12 991.0 | 10 117.0 | 11 788.0 | 12 215.0 | 8 048.0 | 10 556.0 | 9 311.0 | 2 991.0 | 2 555.0 | 1 991.0 | 1 396.0 |
| NET INCOME | |||||||||||||||||||||||||||||||||
| Tax Provision | 2 122.0 | 1 827.0 | 3 441.0 | 1 998.0 | 1 101.0 | 5 324.0 | 6 437.0 | 10 981.0 | 7 199.0 | 6 277.0 | 2 443.0 | 4 741.0 | (1 116.0) | (1 676.0) | 915.0 | (1 916.0) | 420.0 | 5 942.0 | 10 840.0 | 8 015.0 | 6 961.0 | 5 051.0 | 3 742.0 | 3 325.0 | 4 271.0 | 4 333.0 | 2 883.0 | 4 014.0 | 3 498.0 | 1 041.0 | 865.0 | 690.0 | 251.0 |
| Net Income | 27 132.0 | 26 515.0 | 27 528.0 | 31 978.0 | 17 894.0 | 27 430.0 | 28 147.0 | 18 232.0 | 17 822.0 | 15 910.0 | 5 520.0 | 11 431.0 | 4 188.0 | 1 446.0 | (2 238.0) | 6 276.0 | 4 008.0 | 14 982.0 | 21 133.0 | 16 465.0 | 13 947.0 | 10 810.0 | 9 249.0 | 6 792.0 | 7 517.0 | 7 882.0 | 5 165.0 | 6 542.0 | 5 813.0 | 1 950.0 | 1 690.0 | 1 501.0 | 1 145.0 |
| EPS | 3.25 | 3.1 | 3.21 | 3.6 | 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 | 4.1 | 3.71 | 3.64 | 3.04 | 2.13 | 2.28 | 2.28 | 1.49 | 1.86 | 2 | 1.78 | 1.53 | 1.45 | 1.15 |