Bank of America Corporation
BAC
NYSE
48.45
USD+0.06(+0.12%)
As of today
Bank of America Corporation fundamentals
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 | 9,942,000,000 | 10,392,000,000 | 13,125,000,000 | 16,309,000,000 | 43,387,000,000 | 49,360,000,000 | 51,794,000,000 | 51,632,000,000 | 57,772,000,000 | 53,116,000,000 | 46,362,000,000 | 49,006,000,000 | 64,658,000,000 | 82,852,000,000 | 113,578,000,000 | 115,632,000,000 | 112,567,000,000 | 140,436,000,000 | 128,934,000,000 | 107,714,000,000 | 98,008,000,000 | 98,796,000,000 | 96,829,000,000 | 93,514,000,000 | 93,662,000,000 | 99,466,000,000 | 109,627,000,000 | 113,589,000,000 | 93,753,000,000 | 93,851,000,000 | 115,053,000,000 | 171,912,000,000 | 192,434,000,000 | |
| Cost of Revenue | 4,397,000,000 | 4,000,000,000 | 5,628,000,000 | 8,155,000,000 | 18,327,000,000 | 20,805,000,000 | 23,210,000,000 | 20,906,000,000 | 27,351,000,000 | 22,290,000,000 | 14,935,000,000 | 13,018,000,000 | 17,762,000,000 | 31,903,000,000 | 49,001,000,000 | 61,248,000,000 | 67,149,000,000 | 79,377,000,000 | 52,409,000,000 | 35,030,000,000 | 24,913,000,000 | 16,311,000,000 | 13,210,000,000 | 13,710,000,000 | 13,558,000,000 | 15,736,000,000 | 21,889,000,000 | 25,935,000,000 | 19,545,000,000 | 144,000,000 | 22,646,000,000 | 77,725,000,000 | 96,368,000,000 | |
| Gross Profit | 5,545,000,000 | 6,392,000,000 | 7,497,000,000 | 8,154,000,000 | 25,060,000,000 | 28,555,000,000 | 28,584,000,000 | 30,726,000,000 | 30,421,000,000 | 30,826,000,000 | 31,427,000,000 | 35,988,000,000 | 46,896,000,000 | 50,949,000,000 | 64,577,000,000 | 54,384,000,000 | 45,418,000,000 | 61,059,000,000 | 76,525,000,000 | 72,684,000,000 | 73,095,000,000 | 82,485,000,000 | 83,619,000,000 | 79,804,000,000 | 80,104,000,000 | 83,730,000,000 | 87,738,000,000 | 87,654,000,000 | 74,208,000,000 | 93,707,000,000 | 92,407,000,000 | 94,187,000,000 | 96,066,000,000 | |
| Gross Profit Margin | 0.558 | 0.615 | 0.571 | 0.5 | 0.578 | 0.579 | 0.552 | 0.595 | 0.527 | 0.58 | 0.678 | 0.734 | 0.725 | 0.615 | 0.569 | 0.47 | 0.403 | 0.435 | 0.594 | 0.675 | 0.746 | 0.835 | 0.864 | 0.853 | 0.855 | 0.842 | 0.8 | 0.772 | 0.792 | 0.998 | 0.803 | 0.548 | 0.499 | |
| 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 | 17,892,000,000 | 19,174,000,000 | 22,987,000,000 | 24,504,000,000 | 25,867,000,000 | 46,519,000,000 | 51,371,000,000 | 58,066,000,000 | 49,722,000,000 | 52,026,000,000 | 59,631,000,000 | 43,472,000,000 | 41,814,000,000 | 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 | 44,173,000,000 | |
| 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 | 19,241,000,000 | 20,429,000,000 | 25,323,000,000 | 26,860,000,000 | 28,235,000,000 | 48,452,000,000 | 53,334,000,000 | 60,269,000,000 | 51,595,000,000 | 53,860,000,000 | 61,460,000,000 | 45,283,000,000 | 43,517,000,000 | 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 | 49,623,000,000 | |
| Other Expenses | 4,149,000,000 | 4,401,000,000 | 4,942,000,000 | 5,163,000,000 | 7,659,000,000 | 8,641,000,000 | 10,543,000,000 | 8,666,000,000 | 8,612,000,000 | 10,198,000,000 | 8,001,000,000 | 8,696,000,000 | 6,747,000,000 | 6,040,000,000 | 7,281,000,000 | 6,600,000,000 | 12,755,000,000 | 8,247,000,000 | 24,514,000,000 | 12,645,000,000 | 18,428,000,000 | 12,453,000,000 | 14,196,000,000 | 12,334,000,000 | 11,566,000,000 | 12,682,000,000 | 12,634,000,000 | 12,831,000,000 | 14,057,000,000 | 14,682,000,000 | 15,492,000,000 | 18,130,000,000 | 17,189,000,000 | |
| Total Operating Expenses | 4,149,000,000 | 4,401,000,000 | 4,942,000,000 | 5,163,000,000 | 15,749,000,000 | 17,999,000,000 | 20,536,000,000 | 18,511,000,000 | 18,633,000,000 | 20,709,000,000 | 18,436,000,000 | 20,127,000,000 | 25,988,000,000 | 26,469,000,000 | 32,604,000,000 | 33,460,000,000 | 40,990,000,000 | 56,699,000,000 | 77,848,000,000 | 72,914,000,000 | 70,023,000,000 | 66,313,000,000 | 75,656,000,000 | 57,617,000,000 | 55,083,000,000 | 54,517,000,000 | 53,154,000,000 | 54,900,000,000 | 55,213,000,000 | 59,731,000,000 | 61,438,000,000 | 65,845,000,000 | 66,812,000,000 | |
| Total Costs & Expenses | 8,546,000,000 | 8,401,000,000 | 10,570,000,000 | 13,318,000,000 | 34,076,000,000 | 38,804,000,000 | 43,746,000,000 | 39,417,000,000 | 45,984,000,000 | 42,999,000,000 | 33,371,000,000 | 33,145,000,000 | 43,750,000,000 | 58,372,000,000 | 81,605,000,000 | 94,708,000,000 | 108,139,000,000 | 136,076,000,000 | 130,257,000,000 | 107,944,000,000 | 94,936,000,000 | 82,624,000,000 | 88,866,000,000 | 71,327,000,000 | 68,641,000,000 | 70,253,000,000 | 75,043,000,000 | 80,835,000,000 | 74,758,000,000 | 59,875,000,000 | 84,084,000,000 | 143,570,000,000 | 163,180,000,000 | |
| 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 | 2,189,000,000 | |
| 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 | 31,443,000,000 | |
| EBITDA Margin | 0.175 | 0.225 | 0.226 | 0.208 | 0.25 | 0.254 | 0.194 | 0.274 | 0.235 | 0.223 | 0.304 | 0.346 | 0.349 | 0.317 | 0.307 | 0.206 | 0.069 | 0.062 | 0.02 | 0.03 | 0.062 | 0.191 | 0.108 | 0.263 | 0.291 | 0.315 | 0.334 | 0.304 | 0.222 | 0.382 | 0.286 | 0.177 | 0.163 | |
| 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 | 0.14 | 0.192 | 0.195 | 0.183 | 0.215 | 0.214 | 0.155 | 0.237 | 0.204 | 0.19 | 0.28 | 0.324 | 0.323 | 0.295 | 0.282 | 0.181 | 0.039 | 0.031 | -0.01 | -0.002 | 0.031 | 0.164 | 0.082 | 0.237 | 0.267 | 0.294 | 0.315 | 0.288 | 0.203 | 0.362 | 0.269 | 0.165 | 0.152 | |
| 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 | 0.14 | 0.192 | 0.195 | 0.183 | 0.215 | 0.214 | 0.155 | 0.237 | 0.204 | 0.19 | 0.28 | 0.324 | 0.323 | 0.295 | 0.282 | 0.181 | 0.039 | 0.031 | -0.01 | -0.002 | 0.031 | 0.164 | 0.082 | 0.237 | 0.267 | 0.294 | 0.315 | 0.288 | 0.203 | 0.362 | 0.269 | 0.165 | 0.152 | |
| 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 | 0.115 | 0.144 | 0.129 | 0.12 | 0.134 | 0.133 | 0.1 | 0.153 | 0.13 | 0.128 | 0.199 | 0.221 | 0.216 | 0.199 | 0.186 | 0.13 | 0.036 | 0.045 | -0.017 | 0.013 | 0.043 | 0.116 | 0.057 | 0.17 | 0.19 | 0.183 | 0.257 | 0.241 | 0.191 | 0.341 | 0.239 | 0.154 | 0.141 | |
| 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 | 1.9 | 2.25 | 2.88 | 2.04 | 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 | 7,327,993,500 | 7,327,993,500 | 7,327,993,500 | 7,327,993,500 | 7,327,993,500 | 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 |