Bank of America Quarterly Income Statements Chart
Quarterly
|
Annual
Bank of America Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|
| net interest income | 14,032,000,000 | 13,946,000,000 | 14,379,000,000 |
| interest income | 36,285,000,000 | 35,629,000,000 | 33,624,000,000 |
| interest expense | 22,253,000,000 | 21,683,000,000 | 19,245,000,000 |
| noninterest income | |||
| fees and commissions | 8,660,000,000 | 8,019,000,000 | 8,135,000,000 |
| market making and similar activities | 3,888,000,000 | 998,000,000 | 3,325,000,000 |
| other income | -762,000,000 | -1,004,000,000 | -672,000,000 |
| total noninterest income | 11,786,000,000 | 8,013,000,000 | 10,788,000,000 |
| total revenue, net of interest expense | 25,818,000,000 | 21,959,000,000 | 25,167,000,000 |
| benefit from credit losses | 1,319,000,000 | 1,104,000,000 | 1,234,000,000 |
| noninterest expense | |||
| compensation and benefits | 10,195,000,000 | 9,460,000,000 | 9,551,000,000 |
| occupancy and equipment | 1,811,000,000 | 1,794,000,000 | 1,795,000,000 |
| information processing and communications | 1,800,000,000 | 1,690,000,000 | 1,676,000,000 |
| product delivery and transaction related | 851,000,000 | 882,000,000 | 880,000,000 |
| professional fees | 548,000,000 | 550,000,000 | 545,000,000 |
| marketing | 455,000,000 | 455,000,000 | 501,000,000 |
| other general operating | 1,577,000,000 | 2,900,000,000 | 890,000,000 |
| total noninterest expense | 17,237,000,000 | 17,731,000,000 | 15,838,000,000 |
| income before income taxes | 7,262,000,000 | 3,124,000,000 | 8,095,000,000 |
| income tax expense | 588,000,000 | -20,000,000 | 293,000,000 |
| net income | 6,674,000,000 | 3,144,000,000 | 7,802,000,000 |
| yoy | |||
| qoq | 112.28% | -59.70% | |
| net income margin % | |||
| preferred stock dividends | 532,000,000 | 335,750,000 | 532,000,000 |
| net income applicable to common shareholders | 6,142,000,000 | 2,838,000,000 | 7,270,000,000 |
| per common share information | |||
| earnings | 770,000 | 360,000 | 910,000 |
| diluted earnings | 760,000 | 360,000 | 900,000 |
| average common shares issued and outstanding | 7,968,200,000 | -12,700,000 | 8,017,100,000 |
| average diluted common shares issued and outstanding | 8,031,400,000 | -72,900,000 | 8,075,900,000 |
We provide you with 20 years income statements for Bank of America stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Bank of America stock. Explore the full financial landscape of Bank of America stock with our expertly curated income statements.
The information provided in this report about Bank of America stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.