Bank of America Corporation PFD SER B 7% (BACRP)

USD 193.0

(0.0%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 98.58 Billion 94.95 Billion 89.11 Billion 85.52 Billion 91.24 Billion 91.02 Billion
Cost of Revenue -76.42 Billion - - - - -227 Million
Gross Profit 175 Billion 94.95 Billion 89.11 Billion 85.52 Billion 91.24 Billion 91.24 Billion
Operating Expenses 98.58 Billion -45.85 Billion -55.13 Billion -66.53 Billion -58.49 Billion -37.32 Billion
Selling, General and Administrative Expenses 47.71 Billion 45.94 Billion 45.04 Billion 41.15 Billion 42.06 Billion 40.52 Billion
Research and Development Expenses - - - - - -
Other Expenses 50.86 Billion -91.8 Billion -100.18 Billion -107.68 Billion -100.55 Billion -83.23 Billion
Cost and Expenses 98.58 Billion -45.85 Billion -55.13 Billion -66.53 Billion -58.49 Billion -37.32 Billion
Operating Income 28.86 Billion 49.09 Billion 33.97 Billion 18.99 Billion 32.75 Billion 53.92 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 2.79
Earnings Per Share Diluted 3.08 3.19 3.57 1.87 2.75 2.75
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 1.78 1.00 1.00 1.00 1.00 1.00
EBIT Margin - 0.54 0.40 0.24 0.38 0.62
Profit Margin 0.27 0.29 0.36 0.21 0.30 0.31
EBITDA - 32.94 Billion 35.87 Billion 20.83 Billion 34.48 Billion 36.64 Billion
Earnings Before Tax Margin 0.29 0.52 0.38 0.22 0.36 0.59

Income Statement Charts