Home » Stocks » Bank of America » Financials » Income Statement

Bank of America Corporation (BAC)

Stock Price: $23.85 USD -0.63 (-2.55%)
Updated Sep 22, 2020 3:34 PM EDT - Market open

Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.
Year2019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995
Revenue91,24491,02087,12683,70182,96585,89488,94283,33493,454110,220119,64372,78266,83372,77657,17548,96537,83434,50334,63832,93132,30627,56728,28424,9138,143
Revenue Growth0.25%4.47%4.09%0.89%-3.41%-3.43%6.73%-10.83%-15.21%-7.88%64.39%8.9%-8.17%27.29%16.77%29.42%9.65%-0.39%5.18%1.93%17.19%-2.54%13.53%205.94%-
Gross Profit91,24491,02087,12683,70182,96585,89488,94283,33493,454110,220119,64372,78266,83372,77657,17548,96537,83434,50334,63832,93132,30627,56728,28424,9138,143
Selling, General & Admin47,49245,74246,94655,08357,61774,72068,12870,82974,94367,15762,01438,76035,43833,23327,46025,73019,93818,22718,52617,21917,09817,83916,77014,8075,044
Other Operating Expenses7,4087,4127,5710.000.009361,0861,2645,33115,9514,6992,7692,0862,5601,2211,2822172182,1831,4141,4132,6971,229942137
Operating Expenses54,90053,15454,51755,08357,61775,65669,21472,09380,27483,10866,71341,52937,52435,79328,68127,01220,15518,44520,70918,63318,51120,53617,99915,7495,181
Operating Income36,34437,86632,60928,61825,34810,23819,72811,24113,18027,11252,93031,25329,30936,98328,49421,95317,67916,05813,92914,29813,7957,03110,2859,1642,962
Other Expense / Income3,5903,2823,3963,5973,1612,2753,5568,16913,41028,43548,57026,8258,3855,0104,0141,0611,9023,0723,8172,5161,586-992-16055.00-21.00
Pretax Income32,75434,58429,21325,02122,1877,96316,1723,072-230-1,3234,3604,42820,92431,97324,48020,89215,77712,98610,11211,78212,2098,02310,4459,1092,983
Income Tax5,3246,43710,9817,1996,2772,4434,741-1,116-1,676915-1,9164205,94210,8408,0156,9615,0193,7423,3254,2714,3332,8834,0143,4981,041
Net Income27,43028,14718,23217,82215,9105,52011,4314,1881,446-2,2386,2764,00814,98221,13316,46513,93110,7589,2446,7877,5117,8765,1406,4315,6111,942
Preferred Dividends1,4321,4511,6141,6821,4831,0441,3491,4281,3611,3578,4801,45218222.0018.00----------
Net Income Common25,99826,69616,61816,14014,4274,47610,0822,76085.00-3,595-2,2042,55614,80021,11116,44713,93110,7589,2446,7877,5117,8765,1406,4315,6111,942
Shares Outstanding (Basic)9,39110,09710,19610,28410,46210,52810,73110,74610,1439,7907,7294,5924,4244,5274,0093,7592,9733,0403,1903,2933,4523,4643,4663,2771,090
Shares Outstanding (Diluted)9,44310,23710,77811,04711,23610,58511,49110,84110,2559,7907,7294,5964,4634,5964,0683,8243,0303,1313,2513,2933,4523,4643,4663,2771,090
Shares Change-6.99%-0.97%-0.86%-1.7%-0.62%-1.89%-0.14%5.95%3.6%26.68%68.3%3.81%-2.28%12.92%6.66%26.4%-2.19%-4.7%-3.12%-4.61%-0.35%-0.07%5.79%200.64%-
EPS (Basic)2.772.641.631.571.380.430.940.260.01-0.37-0.290.543.324.664.103.713.623.042.132.282.281.491.861.711.78
EPS (Diluted)2.752.611.561.491.310.420.900.250.01-0.37-0.290.543.294.594.043.643.552.952.092.262.241.451.811.681.76
EPS Growth5.36%67.31%4.7%13.74%211.9%-53.33%260%2400%----83.59%-28.32%13.61%10.99%2.54%20.34%41.15%-7.52%0.89%54.48%-19.67%7.44%-4.55%-
Free Cash Flow Per Share6.583.910.971.682.712.938.65-1.496.238.3316.500.422.013.04-3.36-1.177.66-3.82-4.530.872.713.530.850.62-5.36
Dividend Per Share0.660.540.390.250.200.120.040.040.040.040.042.242.402.121.901.701.441.221.441.030.930.800.690.600.52
Dividend Growth22.22%38.46%56%25%66.67%200%0%0%0%0%-98.21%-6.67%13.21%11.58%11.76%18.06%18.03%-15.28%39.81%11.35%16.35%16.06%14.17%15.38%-
Gross Margin100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%
Operating Margin39.8%41.6%37.4%34.2%30.6%11.9%22.2%13.5%14.1%24.6%44.2%42.9%43.9%50.8%49.8%44.8%46.7%46.5%40.2%43.4%42.7%25.5%36.4%36.8%36.4%
Profit Margin28.5%29.3%19.1%19.3%17.4%5.2%11.3%3.3%0.1%-3.3%-1.8%3.5%22.1%29%28.8%28.5%28.4%26.8%19.6%22.8%24.4%18.6%22.7%22.5%23.8%
FCF Margin67.7%43.4%11.3%20.6%34.2%35.9%104.4%-19.3%67.6%74.0%106.6%2.7%13.3%18.9%-23.5%-9.0%60.2%-33.7%-41.7%8.7%29.0%44.4%10.4%8.2%-71.7%
Effective Tax Rate16.3%18.6%37.6%28.8%28.3%30.7%29.3%----9.5%28.4%33.9%32.7%33.3%31.8%28.8%32.9%36.3%35.5%35.9%38.4%38.4%34.9%
EBITDA34,48336,64731,31627,26224,57610,48518,8556,1103,2552,5898,6747,74723,76834,84226,24822,52816,88414,09011,84413,56614,12610,02112,40810,6363,382
EBITDA Margin37.8%40.3%35.9%32.6%29.6%12.2%21.2%7.3%3.5%2.3%7.2%10.6%35.6%47.9%45.9%46%44.6%40.8%34.2%41.2%43.7%36.4%43.9%42.7%41.5%
EBIT32,75434,58429,21325,02122,1877,96316,1723,072-230-1,3234,3604,42820,92431,97324,48020,89215,77712,98610,11211,78212,2098,02310,4459,1092,983
EBIT Margin35.9%38.0%33.5%29.9%26.7%9.3%18.2%3.7%-0.2%-1.2%3.6%6.1%31.3%43.9%42.8%42.7%41.7%37.6%29.2%35.8%37.8%29.1%36.9%36.6%36.6%