Bank Of America Corporation (BAC) |
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Bank Of America Income Statement Quarterly
BAC
Select the Financial Report: |
Period: |
Fiscal Year: |
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INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
(Mar 31 2018) I. Quarter |
(Dec 31 2017) IV. Quarter |
Interest and Fee Income, Loans and Leases |
10,716.00 |
10,401.00 |
10,071.00 |
9,623.00 |
9,906.00 |
Interest and Dividend Income, Securities, Operating |
3,078.00 |
2,986.00 |
2,856.00 |
2,804.00 |
3,157.00 |
Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell |
1,046.00 |
799.00 |
709.00 |
622.00 |
1,025.00 |
Other Interest and Dividend Income |
1,691.00 |
1,607.00 |
1,535.00 |
1,414.00 |
1,283.00 |
Other Income |
1,305.00 |
1,172.00 |
1,198.00 |
1,136.00 |
1,231.00 |
Total Interest Income |
17,836.00 |
16,965.00 |
16,369.00 |
15,599.00 |
16,602.00 |
Interest Expense, Deposits |
1,562.00 |
1,230.00 |
943.00 |
760.00 |
759.00 |
Interest Expense, Short-term Borrowings |
3,652.00 |
3,530.00 |
3,428.00 |
2,874.00 |
3,219.00 |
Interest Expense, Trading Liabilities |
318.00 |
335.00 |
348.00 |
357.00 |
377.00 |
Total Interest Expense |
5,532.00 |
5,095.00 |
4,719.00 |
3,991.00 |
4,355.00 |
Net Interest Income |
12,304.00 |
11,870.00 |
11,650.00 |
11,608.00 |
12,247.00 |
Provision
for loan losses |
905.00 |
716.00 |
827.00 |
834.00 |
877.00 |
Total Net Interest Income |
11,399.00 |
11,154.00 |
10,823.00 |
10,774.00 |
11,370.00 |
Trading Gain (Loss) |
-3,780.00 |
10,022.00 |
10,691.00 |
11,094.00 |
9,098.00 |
Trading |
- |
- |
- |
- |
- |
Other income |
394.00 |
885.00 |
268.00 |
423.00 |
258.00 |
Interest Income Debt Securities |
- |
- |
- |
- |
- |
Revenues Net Of Interest Expense Before Provision For Loan Loss |
- |
- |
- |
- |
- |
Investment Banking And Underwriting Revenue |
- |
- |
- |
- |
- |
Equity Investment Gains Losses |
- |
- |
- |
- |
- |
Available For Sale Debt Securities Realized Gain Loss Other Than Temporary Impairments Amount |
- |
- |
- |
- |
- |
Net Impairment Losses On Available For Sale Debt Securities |
- |
- |
- |
- |
- |
Fees And Commissions |
4,811.00 |
- |
- |
- |
- |
Loss/ -Gain on Investment |
- |
- |
- |
- |
27.00 |
Other Non-Interest Income |
6,958.00 |
- |
- |
- |
- |
Product Delivery And Transaction Related Expenses |
-2,762.00 |
- |
- |
- |
- |
Total Noninterest Income |
10,432.00 |
10,907.00 |
10,959.00 |
11,517.00 |
9,383.00 |
Total Revenues |
22,736.00 |
22,777.00 |
22,609.00 |
23,125.00 |
21,630.00 |
Salaries & employee benefits, SGA |
8,248.00 |
8,142.00 |
8,339.00 |
8,825.00 |
7,840.00 |
Depriciation & Amortization |
- |
- |
- |
- |
-494.00 |
Equipment expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
2,016.00 |
1,979.00 |
1,985.00 |
2,007.00 |
2,037.00 |
Professional Fees |
480.00 |
439.00 |
399.00 |
381.00 |
420.00 |
Communications & Processing |
- |
- |
- |
- |
- |
Restructuring & Amortization |
- |
- |
- |
- |
- |
Marketing expense |
- |
- |
- |
- |
- |
Other Noninterest Expense |
1,962.00 |
2,086.00 |
2,146.00 |
2,242.00 |
3,077.00 |
Total noninterest revenues |
427.00 |
421.00 |
415.00 |
442.00 |
395.00 |
Total Operating
Expenses |
13,133.00 |
13,067.00 |
13,284.00 |
13,897.00 |
13,275.00 |
Total Costs & Expenses |
18,665.00 |
18,162.00 |
18,003.00 |
17,888.00 |
17,630.00 |
Income /-loss before income taxes |
8,698.00 |
8,994.00 |
8,498.00 |
8,394.00 |
7,478.00 |
Income taxes expenses/-benefit |
1,420.00 |
1,827.00 |
1,714.00 |
1,476.00 |
4,644.00 |
Income after income taxes |
7,278.00 |
7,167.00 |
6,784.00 |
6,918.00 |
2,834.00 |
Net income/-loss
of other equity |
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- |
- |
- |
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Income /-loss after income taxes |
7,278.00 |
7,167.00 |
6,784.00 |
6,918.00 |
2,834.00 |
Extr. Items |
- |
- |
- |
- |
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Preferred stock dividends |
- |
- |
- |
- |
- |
Net Income/-loss |
7,278.00 |
7,167.00 |
6,784.00 |
6,918.00 |
2,834.00 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
239.00 |
466.00 |
318.00 |
428.00 |
144.00 |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
7,039.00 |
6,701.00 |
6,466.00 |
6,490.00 |
2,690.00 |
Per
Share (GAAP Quarterly, in $) |
(Dec 31 2018) IV. Quarter |
(Sep 30 2018) III. Quarter |
(Jun 30 2018) II. Quarter |
(Mar 31 2018) I. Quarter |
(Dec 31 2017) IV. Quarter |
Basic EPS (excl. extra
items) |
0.71 |
0.67 |
0.64 |
0.63 |
0.26 |
Extraordinary items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Basic Net EPS |
0.71 |
0.67 |
0.64 |
0.63 |
0.26 |
Basic shares outstanding (Mill.
of Units) |
9,850.30 |
10,031.60 |
10,181.70 |
10,322.40 |
10,235.01 |
EPS other shares |
- |
- |
- |
- |
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Diluted Net EPS |
0.70 |
0.66 |
0.63 |
0.62 |
0.26 |
Diluted average shares (Mill.
of Units) |
9,994.70 |
10,170.80 |
10,309.40 |
10,472.70 |
10,472.94 |
Dividend per share |
0.175 |
0.15 |
0.152 |
0.12 |
0.15 |
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