Financial Services - Banks - Diversified - NYSE - US
$ 1239.25
-0.539 %
$ 352 B
Market Cap
352.66
P/E
INCOME STATEMENT
95.8 B
REVENUE
39.5 B
OPERATING INCOME
26.5 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Bank of America Corporation
| Revenue | 95.8 B |
| Cost Of Revenue | 0 |
| Gross Profit | 95.8 B |
| Operating Expenses | 56.3 B |
| Operating Income | 39.5 B |
| Other Expenses | 13 B |
| Net Income | 26.5 B |
Income Statement
Millions
| 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 | 95 787.0 | 92 407.0 | 93 707.0 | 74 208.0 | 85 582.0 | 87 738.0 | 83 730.0 | 80 104.0 | 79 804.0 | 83 619.0 | 83 946.0 | 73 565.0 | 86 094.0 | 104 960.0 | 109 629.0 | 72 243.0 | 62 255.0 | 69 391.0 | 57 175.0 | 51 017.0 | 38 827.0 | 35 124.0 | 35 113.0 | 32 956.0 | 32 546.0 | 31 504.0 | 13 053.0 | 10 042.0 | 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 | 23 390.0 | 22 352.0 | 12 777.0 | 9 666.0 | 8 735.0 | 7 907.0 | 8 032.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 95 787.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86 094.0 | 81 570.0 | 87 277.0 | 59 466.0 | 52 589.0 | 60 656.0 | 49 268.0 | 42 985.0 | 38 827.0 | 35 124.0 | 35 113.0 | 32 956.0 | 32 546.0 | 31 504.0 | 13 053.0 | 10 042.0 | 8 536.0 | 7 807.0 | 6 822.0 | 6 260.0 |
| OPERATING INCOME | ||||||||||||||||||||||||||||||||
| Operating Expenses | 56 287.0 | 53 764.0 | 52 761.0 | 48 483.0 | 46 742.0 | 46 188.0 | 46 359.0 | 45 287.0 | 46 896.0 | 48 876.0 | 50 821.0 | 70 493.0 | 64 773.0 | 58 261.0 | 4 214.0 | 3 960.0 | 3 530.0 | 3 414.0 | 2 185.0 | 2 185.0 | (22 966.0) | (22 133.0) | (24 996.0) | (21 168.0) | (20 331.0) | (23 456.0) | (8 257.0) | (6 408.0) | (5 545.0) | (5 252.0) | (4 631.0) | (4 864.0) |
| Selling, General and Administrative Expenses | 56 287.0 | 53 764.0 | 52 761.0 | 48 483.0 | 46 742.0 | 46 188.0 | 46 359.0 | 45 287.0 | 46 896.0 | 48 876.0 | 50 821.0 | 52 555.0 | 64 474.0 | 57 294.0 | 52 372.0 | 31 887.0 | 29 321.0 | 27 804.0 | 16 309.0 | 14 822.0 | 11 431.0 | 10 435.0 | 10 511.0 | 10 021.0 | 9 845.0 | 9 993.0 | 3 943.0 | 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 |
| Operating Income | 39 500.0 | 38 643.0 | 40 946.0 | 25 725.0 | 38 840.0 | 41 550.0 | 37 371.0 | 34 817.0 | 32 908.0 | 34 743.0 | 33 125.0 | 2 736.0 | (230.0) | (1 323.0) | 4 360.0 | 4 428.0 | 20 924.0 | 31 973.0 | 24 480.0 | 21 221.0 | 15 861.0 | 12 991.0 | 10 117.0 | 11 788.0 | 12 215.0 | 8 048.0 | 4 796.0 | 3 634.0 | 2 991.0 | 2 555.0 | 2 191.0 | 1 396.0 |
| PRE-TAX INCOME | ||||||||||||||||||||||||||||||||
| Interest Income Expense | 73 331.0 | 20 103.0 | 4 738.0 | 8 225.0 | 22 345.0 | 18 607.0 | 12 912.0 | 9 961.0 | 10 549.0 | 10 934.0 | 12 755.0 | 16 744.0 | 21 620.0 | 23 974.0 | 30 807.0 | 40 324.0 | 52 871.0 | 43 994.0 | 27 889.0 | 14 430.0 | 10 179.0 | 11 238.0 | 18 003.0 | 24 816.0 | 19 086.0 | 20 290.0 | 8 681.0 | 7 467.0 | 7 773.0 | 5 318.0 | 3 570.0 | 3 682.0 |
| Total Other Income | (11 158.0) | (7 674.0) | (6 970.0) | (6 730.0) | (6 086.0) | (6 966.0) | (8 158.0) | (9 796.0) | (10 721.0) | (26 780.0) | (18 392.0) | 336.0 | (3 485.0) | (1 323.0) | (4 314.0) | (64 519.0) | 3 654.0 | 3 269.0 | 1 565.0 | 95.0 | 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 | (200.0) | 1 396.0 |
| Pre-Tax Income | 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 | 14 733.0 | 3 072.0 | (230.0) | (1 323.0) | 4 360.0 | 4 428.0 | 20 924.0 | 31 973.0 | 24 480.0 | 21 221.0 | 15 861.0 | 12 991.0 | 10 117.0 | 11 788.0 | 12 215.0 | 8 048.0 | 4 796.0 | 3 634.0 | 2 991.0 | 2 555.0 | 1 991.0 | 1 396.0 |
| NET INCOME | ||||||||||||||||||||||||||||||||
| Tax Provision | 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 | 4 194.0 | 1 116.0 | (1 676.0) | 915.0 | (1 916.0) | 420.0 | 5 942.0 | 10 840.0 | 8 015.0 | 7 078.0 | 5 051.0 | 3 742.0 | 3 325.0 | 4 271.0 | 4 333.0 | 2 883.0 | 1 719.0 | 1 259.0 | 1 041.0 | 865.0 | 690.0 | 251.0 |
| Net Income | 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 | 10 539.0 | 2 758.0 | 1 446.0 | (2 238.0) | 6 276.0 | 4 008.0 | 14 982.0 | 21 133.0 | 16 465.0 | 14 143.0 | 10 810.0 | 9 249.0 | 6 792.0 | 7 517.0 | 7 882.0 | 5 165.0 | 3 077.0 | 2 375.0 | 1 950.0 | 1 690.0 | 1 501.0 | 1 145.0 |
| EPS | 3.1 | 3.21 | 3.6 | 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 | 4.1 | 3.71 | 3.64 | 3.04 | 2.13 | 2.28 | 2.28 | 4.47 | 5.58 | 2 | 1.78 | 1.53 | 1.45 | 1.15 |