Bank of America Corporation
BAC
39.69
USD+0.11
(+0.28%)Day's range
39.315
39.79
52 wk Range
33.07
48.08
BAC Income Statement
| Period Ending | Dec 31, 1992 | Dec 31, 1993 | Dec 31, 1994 | Dec 31, 1995 | Dec 31, 1996 | Dec 31, 1997 | Dec 31, 1998 | Dec 31, 1999 | Dec 31, 2000 | Dec 31, 2001 | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 6,260,000,000 | 6,822,000,000 | 7,807,000,000 | 8,536,000,000 | 26,705,000,000 | 30,459,000,000 | 31,504,000,000 | 32,546,000,000 | 32,956,000,000 | 35,113,000,000 | 35,124,000,000 | 38,827,000,000 | 49,665,000,000 | 54,963,000,000 | 69,587,000,000 | 62,769,000,000 | 72,243,000,000 | 109,629,000,000 | 104,960,000,000 | 86,094,000,000 | 81,264,000,000 | 86,041,000,000 | 85,894,000,000 | 82,965,000,000 | 83,701,000,000 | 87,126,000,000 | 91,020,000,000 | 91,244,000,000 | 85,528,000,000 | 89,113,000,000 | 94,950,000,000 | 98,581,000,000 | 101,887,000,000 | |
| 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 | 6,260,000,000 | 6,822,000,000 | 7,807,000,000 | 8,536,000,000 | 26,705,000,000 | 30,459,000,000 | 31,504,000,000 | 32,546,000,000 | 32,956,000,000 | 35,113,000,000 | 35,124,000,000 | 38,827,000,000 | 49,665,000,000 | 54,963,000,000 | 69,587,000,000 | 62,769,000,000 | 72,243,000,000 | 109,629,000,000 | 104,960,000,000 | 86,094,000,000 | 81,264,000,000 | 86,041,000,000 | 85,894,000,000 | 82,965,000,000 | 83,701,000,000 | 87,126,000,000 | 91,020,000,000 | 91,244,000,000 | 85,528,000,000 | 89,113,000,000 | 94,950,000,000 | 98,581,000,000 | 101,887,000,000 | |
| Gross Profit Margin | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| R&D 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 | |
| General & Administrative Expenses | 0 | 0 | 0 | 0 | 7,501,000,000 | 8,703,000,000 | 9,412,000,000 | 9,308,000,000 | 9,400,000,000 | 9,829,000,000 | 9,682,000,000 | 10,446,000,000 | 19,952,000,000 | 21,488,000,000 | 25,664,000,000 | 27,479,000,000 | 29,519,000,000 | 50,439,000,000 | 55,331,000,000 | 62,271,000,000 | 54,343,000,000 | 56,789,000,000 | 64,034,000,000 | 47,410,000,000 | 45,567,000,000 | 37,048,000,000 | 35,989,000,000 | 37,373,000,000 | 36,022,000,000 | 39,229,000,000 | 40,468,000,000 | 42,180,000,000 | 44,873,000,000 | |
| Selling & Marketing Expenses | 0 | 0 | 0 | 0 | 589,000,000 | 655,000,000 | 581,000,000 | 537,000,000 | 621,000,000 | 682,000,000 | 753,000,000 | 985,000,000 | 1,349,000,000 | 1,255,000,000 | 2,336,000,000 | 2,356,000,000 | 2,368,000,000 | 1,933,000,000 | 1,963,000,000 | 2,203,000,000 | 1,873,000,000 | 1,834,000,000 | 1,829,000,000 | 1,811,000,000 | 1,703,000,000 | 4,787,000,000 | 4,531,000,000 | 4,696,000,000 | 5,134,000,000 | 5,820,000,000 | 5,478,000,000 | 5,535,000,000 | 5,450,000,000 | |
| SG&A Expenses | 0 | 0 | 0 | 0 | 8,090,000,000 | 9,358,000,000 | 9,993,000,000 | 9,845,000,000 | 10,021,000,000 | 10,511,000,000 | 10,435,000,000 | 11,431,000,000 | 21,301,000,000 | 22,743,000,000 | 28,000,000,000 | 29,835,000,000 | 31,887,000,000 | 52,372,000,000 | 57,294,000,000 | 64,474,000,000 | 56,216,000,000 | 58,623,000,000 | 65,863,000,000 | 49,221,000,000 | 47,270,000,000 | 41,835,000,000 | 40,520,000,000 | 42,069,000,000 | 41,156,000,000 | 45,049,000,000 | 45,946,000,000 | 47,715,000,000 | 50,323,000,000 | |
| Other Expenses | 4,864,000,000 | 4,831,000,000 | 5,252,000,000 | 5,545,000,000 | 9,304,000,000 | 10,545,000,000 | 13,463,000,000 | 10,486,000,000 | 11,147,000,000 | 14,485,000,000 | 11,698,000,000 | 11,535,000,000 | 7,456,000,000 | 7,740,000,000 | 9,614,000,000 | 12,010,000,000 | 35,928,000,000 | 52,897,000,000 | 48,989,000,000 | 21,850,000,000 | 21,976,000,000 | 11,246,000,000 | 12,068,000,000 | 11,557,000,000 | 11,410,000,000 | 16,078,000,000 | 15,916,000,000 | 16,421,000,000 | 25,377,000,000 | 10,088,000,000 | 18,035,000,000 | 22,524,000,000 | 22,310,000,000 | |
| Total Operating Expenses | 4,864,000,000 | 4,831,000,000 | 5,252,000,000 | 5,545,000,000 | 17,394,000,000 | 19,903,000,000 | 23,456,000,000 | 20,331,000,000 | 21,168,000,000 | 24,996,000,000 | 22,133,000,000 | 22,966,000,000 | 28,757,000,000 | 30,483,000,000 | 37,614,000,000 | 41,845,000,000 | 67,815,000,000 | 105,269,000,000 | 106,283,000,000 | 86,324,000,000 | 78,192,000,000 | 69,869,000,000 | 77,931,000,000 | 60,778,000,000 | 58,680,000,000 | 57,913,000,000 | 56,436,000,000 | 58,490,000,000 | 66,533,000,000 | 55,137,000,000 | 63,981,000,000 | 70,239,000,000 | 72,633,000,000 | |
| Total Costs & Expenses | 4,864,000,000 | 4,831,000,000 | 5,252,000,000 | 5,545,000,000 | 17,394,000,000 | 19,903,000,000 | 23,456,000,000 | 20,331,000,000 | 21,168,000,000 | 24,996,000,000 | 22,133,000,000 | 22,966,000,000 | 28,757,000,000 | 30,483,000,000 | 37,614,000,000 | 41,845,000,000 | 67,815,000,000 | 105,269,000,000 | 106,283,000,000 | 86,324,000,000 | 78,192,000,000 | 69,869,000,000 | 77,931,000,000 | 60,778,000,000 | 58,680,000,000 | 57,913,000,000 | 56,436,000,000 | 58,490,000,000 | 66,533,000,000 | 55,137,000,000 | 63,981,000,000 | 70,239,000,000 | 72,633,000,000 | |
| Interest Income | 7,780,000,000 | 8,207,000,000 | 10,529,000,000 | 13,220,000,000 | 33,636,000,000 | 37,333,000,000 | 38,588,000,000 | 37,323,000,000 | 43,165,000,000 | 38,293,000,000 | 32,161,000,000 | 31,643,000,000 | 42,953,000,000 | 58,626,000,000 | 78,585,000,000 | 87,304,000,000 | 85,684,000,000 | 77,916,000,000 | 75,497,000,000 | 66,236,000,000 | 57,400,000,000 | 55,020,000,000 | 51,714,000,000 | 49,507,000,000 | 51,057,000,000 | 57,579,000,000 | 66,769,000,000 | 71,236,000,000 | 51,585,000,000 | 47,672,000,000 | 72,565,000,000 | 130,262,000,000 | 146,607,000,000 | |
| Interest Expense | 3,682,000,000 | 3,570,000,000 | 5,318,000,000 | 7,773,000,000 | 16,682,000,000 | 18,901,000,000 | 20,290,000,000 | 19,086,000,000 | 24,816,000,000 | 18,003,000,000 | 11,238,000,000 | 10,179,000,000 | 14,993,000,000 | 27,889,000,000 | 43,991,000,000 | 52,863,000,000 | 40,324,000,000 | 30,807,000,000 | 23,974,000,000 | 21,620,000,000 | 16,744,000,000 | 12,755,000,000 | 10,935,000,000 | 10,549,000,000 | 9,961,000,000 | 12,340,000,000 | 18,607,000,000 | 22,345,000,000 | 8,225,000,000 | 4,738,000,000 | 20,103,000,000 | 73,331,000,000 | 90,547,000,000 | |
| Depreciation & Amortization | 339,000,000 | 352,000,000 | 406,000,000 | 399,000,000 | 1,527,000,000 | 1,963,000,000 | 1,998,000,000 | 1,917,000,000 | 1,784,000,000 | 1,732,000,000 | 1,104,000,000 | 1,107,000,000 | 1,636,000,000 | 1,768,000,000 | 2,869,000,000 | 2,844,000,000 | 3,319,000,000 | 4,314,000,000 | 3,912,000,000 | 3,485,000,000 | 3,038,000,000 | 2,683,000,000 | 2,522,000,000 | 2,389,000,000 | 2,241,000,000 | 2,103,000,000 | 2,063,000,000 | 1,729,000,000 | 1,843,000,000 | 1,898,000,000 | 1,978,000,000 | 2,057,000,000 | 0 | |
| EBITDA | 1,735,000,000 | 2,343,000,000 | 2,961,000,000 | 3,390,000,000 | 10,838,000,000 | 12,519,000,000 | 10,046,000,000 | 14,132,000,000 | 13,572,000,000 | 11,849,000,000 | 14,095,000,000 | 16,968,000,000 | 22,544,000,000 | 26,248,000,000 | 34,842,000,000 | 23,768,000,000 | 7,747,000,000 | 8,674,000,000 | 2,589,000,000 | 3,255,000,000 | 6,110,000,000 | 18,855,000,000 | 10,485,000,000 | 24,576,000,000 | 27,262,000,000 | 31,316,000,000 | 36,647,000,000 | 34,483,000,000 | 20,838,000,000 | 35,874,000,000 | 32,947,000,000 | 30,399,000,000 | 29,254,000,000 | |
| EBITDA Margin | 0.277 | 0.343 | 0.379 | 0.397 | 0.406 | 0.411 | 0.319 | 0.434 | 0.412 | 0.337 | 0.401 | 0.437 | 0.454 | 0.478 | 0.501 | 0.379 | 0.107 | 0.079 | 0.025 | 0.038 | 0.075 | 0.219 | 0.122 | 0.296 | 0.326 | 0.359 | 0.403 | 0.378 | 0.244 | 0.403 | 0.347 | 0.308 | 0.287 | |
| Operating Income | 1,396,000,000 | 1,991,000,000 | 2,555,000,000 | 2,991,000,000 | 9,311,000,000 | 10,556,000,000 | 8,048,000,000 | 12,215,000,000 | 11,788,000,000 | 10,117,000,000 | 12,991,000,000 | 15,861,000,000 | 20,908,000,000 | 24,480,000,000 | 31,973,000,000 | 20,924,000,000 | 4,428,000,000 | 4,360,000,000 | -1,323,000,000 | -230,000,000 | 3,072,000,000 | 16,172,000,000 | 7,963,000,000 | 22,187,000,000 | 25,021,000,000 | 29,213,000,000 | 34,584,000,000 | 32,754,000,000 | 18,995,000,000 | 33,976,000,000 | 30,969,000,000 | 28,342,000,000 | 29,254,000,000 | |
| Operating Income Margin | 0.223 | 0.292 | 0.327 | 0.35 | 0.349 | 0.347 | 0.255 | 0.375 | 0.358 | 0.288 | 0.37 | 0.409 | 0.421 | 0.445 | 0.459 | 0.333 | 0.061 | 0.04 | -0.013 | -0.003 | 0.038 | 0.188 | 0.093 | 0.267 | 0.299 | 0.335 | 0.38 | 0.359 | 0.222 | 0.381 | 0.326 | 0.287 | 0.287 | |
| Total Other Income/Expenses (Net) | 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 | |
| Income Before Tax | 1,396,000,000 | 1,991,000,000 | 2,555,000,000 | 2,991,000,000 | 9,311,000,000 | 10,556,000,000 | 8,048,000,000 | 12,215,000,000 | 11,788,000,000 | 10,117,000,000 | 12,991,000,000 | 15,861,000,000 | 20,908,000,000 | 24,480,000,000 | 31,973,000,000 | 20,924,000,000 | 4,428,000,000 | 4,360,000,000 | -1,323,000,000 | -230,000,000 | 3,072,000,000 | 16,172,000,000 | 7,963,000,000 | 22,187,000,000 | 25,021,000,000 | 29,213,000,000 | 34,584,000,000 | 32,754,000,000 | 18,995,000,000 | 33,976,000,000 | 30,969,000,000 | 28,342,000,000 | 29,254,000,000 | |
| Pre-Tax Income Margin | 0.223 | 0.292 | 0.327 | 0.35 | 0.349 | 0.347 | 0.255 | 0.375 | 0.358 | 0.288 | 0.37 | 0.409 | 0.421 | 0.445 | 0.459 | 0.333 | 0.061 | 0.04 | -0.013 | -0.003 | 0.038 | 0.188 | 0.093 | 0.267 | 0.299 | 0.335 | 0.38 | 0.359 | 0.222 | 0.381 | 0.326 | 0.287 | 0.287 | |
| Income Tax Expense | 251,000,000 | 690,000,000 | 865,000,000 | 1,041,000,000 | 3,498,000,000 | 4,014,000,000 | 2,883,000,000 | 4,333,000,000 | 4,271,000,000 | 3,325,000,000 | 3,742,000,000 | 5,051,000,000 | 6,961,000,000 | 8,015,000,000 | 10,840,000,000 | 5,942,000,000 | 420,000,000 | -1,916,000,000 | 915,000,000 | -1,676,000,000 | -1,116,000,000 | 4,741,000,000 | 2,443,000,000 | 6,277,000,000 | 7,199,000,000 | 10,981,000,000 | 6,437,000,000 | 5,324,000,000 | 1,101,000,000 | 1,998,000,000 | 3,441,000,000 | 1,827,000,000 | 2,122,000,000 | |
| Net Income | 1,145,000,000 | 1,501,000,000 | 1,690,000,000 | 1,950,000,000 | 5,813,000,000 | 6,542,000,000 | 5,165,000,000 | 7,882,000,000 | 7,517,000,000 | 6,792,000,000 | 9,249,000,000 | 10,810,000,000 | 13,947,000,000 | 16,465,000,000 | 21,133,000,000 | 14,982,000,000 | 4,008,000,000 | 6,276,000,000 | -2,238,000,000 | 1,446,000,000 | 4,188,000,000 | 11,431,000,000 | 5,520,000,000 | 15,910,000,000 | 17,822,000,000 | 18,232,000,000 | 28,147,000,000 | 27,430,000,000 | 17,894,000,000 | 31,978,000,000 | 27,528,000,000 | 26,515,000,000 | 27,132,000,000 | |
| Net Income Margin | 0.183 | 0.22 | 0.216 | 0.228 | 0.218 | 0.215 | 0.164 | 0.242 | 0.228 | 0.193 | 0.263 | 0.278 | 0.281 | 0.3 | 0.304 | 0.239 | 0.055 | 0.057 | -0.021 | 0.017 | 0.052 | 0.133 | 0.064 | 0.192 | 0.213 | 0.209 | 0.309 | 0.301 | 0.209 | 0.359 | 0.29 | 0.269 | 0.266 | |
| Earnings Per Share (EPS) | 1.15 | 1.45 | 1.53 | 1.78 | 2 | 1.86 | 1.49 | 2.28 | 2.28 | 2.13 | 3.04 | 3.64 | 3.71 | 4.1 | 4.66 | 3.32 | 0.56 | -0.29 | -0.37 | 0.01 | 0.26 | 0.94 | 0.36 | 1.38 | 1.58 | 1.63 | 2.64 | 2.77 | 1.88 | 3.6 | 3.21 | 3.1 | 3.25 | |
| Diluted Earnings Per Share (EPS) | 1.13 | 1.43 | 1.52 | 1.76 | 1.96 | 1.81 | 1.45 | 2.24 | 2.26 | 2.09 | 2.96 | 3.57 | 3.64 | 4.04 | 4.59 | 3.29 | 0.55 | -0.29 | -0.37 | 0.01 | 0.25 | 0.9 | 0.36 | 1.31 | 1.5 | 1.56 | 2.61 | 2.75 | 1.87 | 3.57 | 3.19 | 3.08 | 3.22 | |
| Weighted Average Shares Outstanding | 974,782,609 | 1,031,833,910 | 1,098,624,000 | 1,089,918,000 | 1,180,432,000 | 1,143,908,040 | 1,143,157,620 | 3,452,012,000 | 3,292,796,000 | 3,189,914,000 | 3,040,084,000 | 2,973,406,000 | 3,758,507,000 | 4,008,688,000 | 4,526,637,000 | 4,423,579,000 | 4,592,085,000 | 7,728,570,000 | 9,790,472,000 | 10,142,625,000 | 10,746,028,000 | 10,731,165,000 | 10,527,818,000 | 10,462,282,000 | 10,284,100,000 | 10,195,600,000 | 10,096,500,000 | 9,390,500,000 | 8,753,200,000 | 8,493,299,999 | 8,113,700,000 | 8,028,600,000 | 7,738,400,000 | |
| Weighted Average Shares Outstanding (Diluted) | 992,035,398 | 1,042,657,343 | 1,108,910,891 | 1,103,409,091 | 1,202,777,778 | 1,143,908,040 | 1,169,793,103 | 3,516,071,429 | 3,323,451,327 | 3,247,368,421 | 3,130,934,000 | 3,030,356,000 | 3,823,943,000 | 4,068,140,000 | 4,595,896,000 | 4,463,213,000 | 4,596,428,000 | 7,728,570,000 | 9,790,472,000 | 10,254,824,000 | 10,840,854,000 | 11,491,418,000 | 10,584,535,000 | 11,236,230,000 | 11,046,800,000 | 10,778,400,000 | 10,236,900,000 | 9,442,900,000 | 8,796,900,000 | 8,558,400,000 | 8,167,500,000 | 8,080,500,000 | 7,843,700,000 |