Bank of America Corporation (BAC-PS)

USD 20.89

(-0.33%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 95.78 Billion 92.4 Billion 93.7 Billion 74.2 Billion 85.58 Billion 87.73 Billion
Cost of Revenue - - - - - -
Gross Profit 95.78 Billion - - - - -
Operating Expenses 56.28 Billion 53.76 Billion 52.76 Billion 48.48 Billion 46.74 Billion 46.18 Billion
Selling, General and Administrative Expenses 56.28 Billion 53.76 Billion 52.76 Billion 48.48 Billion 46.74 Billion 46.18 Billion
Research and Development Expenses - - - - - -
Other Expenses - - - - - -
Cost and Expenses 56.28 Billion 53.76 Billion 52.76 Billion 48.48 Billion 46.74 Billion 46.18 Billion
Operating Income 39.5 Billion 38.64 Billion 40.94 Billion 25.72 Billion 38.84 Billion 41.55 Billion
Interest Expense 73.33 Billion 20.1 Billion 4.73 Billion 8.22 Billion 22.34 Billion 18.6 Billion
Income Tax Expense 1.82 Billion 3.44 Billion 1.99 Billion 1.1 Billion 5.32 Billion 6.43 Billion
Earnings before Tax 28.34 Billion 30.96 Billion 33.97 Billion 18.99 Billion 32.75 Billion 34.58 Billion
Net Income 26.51 Billion 27.52 Billion 31.97 Billion 17.89 Billion 27.43 Billion 28.14 Billion
Earnings Per Share Basic 3.10 3.21 3.60 1.88 2.77 2.64
Earnings Per Share Diluted 3.08 3.19 3.57 1.87 2.75 2.61
Weighted Average Shares Outstanding 8.02 Billion 8.11 Billion 8.49 Billion 8.75 Billion 9.39 Billion 10.09 Billion
Weighted Average Shares Outstanding (Diluted) 8.08 Billion 8.16 Billion 8.55 Billion 8.79 Billion 9.44 Billion 10.23 Billion
Gross Margin 1.00 - - - - -
EBIT Margin 0.32 0.35 0.40 0.28 0.40 0.42
Profit Margin 0.28 0.30 0.34 0.24 0.32 0.32
EBITDA 30.39 Billion 38.64 Billion 40.94 Billion 25.72 Billion 38.84 Billion 41.55 Billion
Earnings Before Tax Margin 0.41 0.42 0.44 0.35 0.45 0.47

Income Statement Charts