Bank of America Corporation (NEO: BOFA)

Bank of America Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	315,232	327,473	222,603	342,321	373,463	137,160
Investment Securities	1,167,832	1,139,552	1,134,350	1,183,379	922,281	617,371
Trading Asset Securities	190,685	185,862	229,245	178,990	154,523	179,365
Mortgage-Backed Securities	57,112	51,453	32,823	70,491	85,382	147,604
Total Investments	1,415,629	1,376,867	1,396,418	1,432,860	1,162,186	944,340
Gross Loans	1,056,785	1,053,732	1,045,747	979,124	927,861	983,426
Allowance for Loan Losses	-13,238	-13,342	-12,682	-12,387	-18,802	-9,416
Net Loans	1,043,547	1,040,390	1,033,065	966,737	909,059	974,010
Property, Plant & Equipment	11,917	21,005	21,265	21,066	21,000	20,296
Goodwill	69,021	69,021	69,022	69,022	68,951	68,951
Loans Held for Sale	7,043	6,002	6,871	15,635	9,243	9,158
Accrued Interest Receivable	4,500	4,500	3,800	2,200	2,400	-
Other Receivables	76,478	77,381	63,743	70,063	61,821	55,937
Restricted Cash	5,400	5,600	7,600	5,900	7,000	24,400
Other Current Assets	151,737	130,815	115,505	103,434	91,510	90,946
Long-Term Deferred Tax Assets	-	14,372	13,345	9,153	7,447	6,444
Other Real Estate Owned & Foreclosed	218	145	170	130	164	285
Other Long-Term Assets	157,274	106,580	97,968	130,974	105,383	102,152
Total Assets	3,257,996	3,180,151	3,051,375	3,169,495	2,819,627	2,434,079
Accrued Expenses	189,048	182,825	199,670	171,472	147,279	147,458
Interest Bearing Deposits	1,392,881	1,376,781	1,269,116	1,252,800	1,127,108	965,006
Institutional Deposits	-	-	-	-	-	52,773
Non-Interest Bearing Deposits	517,610	547,046	661,225	811,646	668,372	417,024
Total Deposits	1,910,491	1,923,827	1,930,341	2,064,446	1,795,480	1,434,803
Short-Term Borrowings	461,816	369,483	275,810	265,148	251,380	242,888
Current Portion of Long-Term Debt	10,273	26,737	-	-	-	-
Current Portion of Leases	-	1,947	-	-	-	-
Other Current Liabilities	100,345	95,530	80,399	100,690	71,320	83,270
Long-Term Debt	275,682	274,646	274,557	279,085	261,596	237,507
Federal Home Loan Bank Debt, Long-Term	3,771	76	681	290	599	2,612
Long-Term Leases	9,310	7,835	10,359	10,858	10,474	10,093
Trust Preferred Securities	748	745	744	742	739	737
Pension & Post-Retirement Benefits	-	1,699	1,705	2,391	2,582	2,331
Other Long-Term Liabilities	2,620	3,155	3,912	4,307	5,254	7,570
Total Liabilities	2,964,104	2,888,505	2,778,178	2,899,429	2,546,703	2,169,269
Preferred Stock, Redeemable	26,548	28,397	28,397	24,708	24,510	23,401
Common Stock	51,376	56,365	58,953	62,398	85,982	91,723
Retained Earnings	233,597	224,672	207,003	188,064	164,088	156,319
Comprehensive Income & Other	-17,629	-17,788	-21,156	-5,104	-1,656	-6,633
Total Common Equity	267,344	263,249	244,800	245,358	248,414	241,409
Shareholders' Equity	293,892	291,646	273,197	270,066	272,924	264,810
Total Liabilities & Equity	3,257,996	3,180,151	3,051,375	3,169,495	2,819,627	2,434,079
Total Debt	761,600	681,469	562,151	556,123	524,788	493,837
Net Cash (Debt)	89,238	119,636	163,662	222,345	312,202	103,392
Net Cash Growth	-49.65%	-26.90%	-26.39%	-28.78%	201.96%	52.56%
Net Cash Per Share	11.16	14.81	20.04	25.98	35.49	10.95
Filing Date Shares Outstanding	7,760	7,873	8,004	8,070	8,633	8,729
Total Common Shares Outstanding	7,775	7,895	7,997	8,078	8,651	8,836
Book Value Per Share	34.39	33.34	30.61	30.37	28.72	27.32
Tangible Book Value	198,323	194,228	175,778	176,336	179,463	172,458
Tangible Book Value Per Share	25.51	24.60	21.98	21.83	20.75	19.52

Source: S&P Capital IQ. Banks template. Financial Sources.