Bank of America Corporati... (BAC)

NYSE: BAC · Real-Time Price · USD

40.27

0.39 (0.98%)

At close: May 01, 2025, 2:15 PM

Bank of America Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	101.89B	98.58B	94.95B	89.11B	85.53B	91.24B	91.02B	87.13B	83.7B
Cost of Revenue	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Gross Profit	101.89B	98.58B	94.95B	89.11B	85.53B	91.24B	91.02B	87.13B	83.7B
Operating Income	29.25B	28.34B	30.97B	33.98B	19B	32.75B	34.58B	29.21B	25.02B
Interest Income	146.61B	130.26B	72.56B	47.67B	51.59B	71.24B	66.77B	57.58B	51.06B
Pretax Income	29.25B	28.34B	30.97B	33.98B	19B	32.75B	34.58B	29.21B	25.02B
Net Income	27.13B	26.52B	27.53B	31.98B	17.89B	27.43B	28.15B	18.23B	17.82B
Selling & General & Admin	50.32B	47.72B	45.95B	45.05B	41.16B	42.07B	40.52B	41.84B	47.27B
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	22.31B	22.52B	18.04B	10.09B	25.38B	16.42B	15.92B	16.08B	11.41B
Operating Expenses	72.63B	70.24B	63.98B	55.14B	66.53B	58.49B	56.44B	57.91B	58.68B
Interest Expense	90.55B	73.33B	20.1B	4.74B	8.22B	22.34B	18.61B	12.34B	9.96B
Selling & Marketing Expenses	5.45B	5.54B	5.48B	5.82B	5.13B	4.7B	4.53B	4.79B	1.7B
Cost & Expenses	72.63B	70.24B	63.98B	55.14B	66.53B	58.49B	56.44B	57.91B	58.68B
Income Tax Expense	2.12B	1.83B	3.44B	2B	1.1B	5.32B	6.44B	10.98B	7.2B
Shares Outstanding (Basic)	7.74B	8.03B	8.11B	8.49B	8.75B	9.39B	10.1B	10.2B	10.28B
Shares Outstanding (Diluted)	7.84B	8.08B	8.17B	8.56B	8.8B	9.44B	10.24B	10.78B	11.05B
EPS (Basic)	3.25	3.10	3.21	3.60	1.88	2.77	2.64	1.63	1.58
EPS (Diluted)	3.22	3.08	3.19	3.57	1.87	2.75	2.61	1.56	1.50
EBITDA	29.25B	30.4B	32.95B	35.87B	20.84B	34.48B	36.65B	31.32B	27.26B
EBIT	29.25B	28.34B	30.97B	33.98B	19B	32.75B	34.58B	29.21B	25.02B
Depreciation & Amortization	n/a	2.06B	1.98B	1.9B	1.84B	1.73B	2.06B	2.1B	2.24B