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Bank of America Corporati... (BAC)

NYSE: BAC · Real-Time Price · USD

44.36

0.27 (0.61%)

At close: Jun 16, 2025, 3:59 PM

44.34

-0.04%

After-hours: Jun 16, 2025, 07:28 PM EDT

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	192.43B	171.91B	115.05B	93.85B	93.75B	113.59B	109.63B	99.47B	93.66B
Cost of Revenue	96.37B	77.72B	22.65B	144M	19.55B	25.93B	21.89B	15.74B	13.56B
Gross Profit	96.07B	94.19B	92.41B	93.71B	74.21B	87.65B	87.74B	83.73B	80.1B
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	49.62B	47.72B	45.95B	45.05B	41.16B	42.07B	40.52B	41.84B	43.52B
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	17.19B	18.13B	15.49B	14.68B	14.06B	12.83B	12.63B	12.68B	11.57B
Operating Expenses	66.81B	65.84B	61.44B	59.73B	55.21B	54.9B	53.15B	54.52B	55.08B
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	163.18B	143.57B	84.08B	59.88B	74.76B	80.83B	75.04B	70.25B	68.64B
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	31.44B	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	2.19B	2.06B	1.98B	1.9B	1.84B	1.73B	2.06B	2.1B	2.24B