Bank of America Income Statement - Quarterly (NYSE:BAC)

Add to My Stocks
$22.64 $0.11 (0.49%) BAC stock closing price Jan 20, 2017 (Closing)

Fundamental analysis of BAC stock involves analyzing its financial statements, apart from checking the Bank of America stock price The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the BAC stock is bound to reflect the impact of the QoQ decline of $1.48B. Along with Bank of America assets and Bank of America free cash flow, profits as shown in profit and loss statement give key insights about the business. The profits have decreased from $4.96B QoQ and 2016-Q4 revenue is $22.56B. View details of revenue and profits for Bank of America for latest & last 40 quarters.

show more
Annual
Quarterly
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec. 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3
Bank of America Net Sales or Revenues
22.56B24.04B22.85B22.04B22.43B23.18B24.76B23.71B21.24B23.85B
Cost Of Goods Sold (COGS)279M266M245M225M211M214M216M220M237M270M
Bank of America Gross Profit
22.28B23.78B22.61B21.81B21.19B22.96B24.55B23.49B21.01B23.58B
Research & Development Expense----------
Selling General & Admin Expense13.76B14.15B14.28B15.63B14.48B14.41B14.39B16.25B14.19B20.54B
Income Before Depreciation Depletion Amortization8.53B9.63B8.33B6.19B6.71B8.56B10.16B7.25B6.82B3.03B
Depreciation Depletion Amortization176M181M186M187M202M207M212M213M228M234M
Non Operating Income----------
Interest Expense2.29B2.14B2.21B2.3B2.69B2.28B2.43B2.29B2.28B2.37B
Bank of America Pretax Income
6.06B7.3B5.93B3.7B3.82B6.07B7.52B4.74B4.31B431M
Provision for Income Taxes1.36B2.35B1.7B1.02B1.12B1.56B2.2B1.39B1.26B663M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations4.7B4.96B4.23B2.68B3.34B4.51B5.32B3.36B3.05B168M
Extraordinary Items & Discontinued Operations----------
Bank of America Net Income (Profit/Loss)
4.7B4.96B4.23B2.68B3.34B4.51B5.32B3.36B3.05B168M
Average Shares used to compute Diluted EPS10.96B11B11.06B10.34B11.15B11.2B11.24B11.27B11.27B10.52B
Average Shares used to compute Basic EPS10.17B10.25B10.25B10.34B10.4B10.44B10.49B10.52B10.52B10.52B
Income Before Nonrecurring Items4.7B4.96B4.23B2.68B3.34B4.51B5.32B3.36B3.84B168M
Income from Nonrecurring Items---------789.16M-
Bank of America Earnings Per Share Basic Net
0.430.430.380.210.290.390.480.280.26-0.01
Bank of America Earnings Per Share Diluted Net
0.400.410.360.210.280.370.450.270.25-0.01
EPS Diluted Before Nonrecurring Items0.400.410.360.210.280.370.450.270.32-0.01
Preferred Dividends Acc Pd322.89M547.45M--------
Dividends Common757.88759.29--------
Dividend Per Share Common0.080.080.050.050.050.050.050.050.050.05
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters
Get Income statement for another ticker

It is very helpful to read a report on Bank of America stock analysis. An investor must check the following items in an income statement:
  • Revenue: This is the inflow that is generated from the sale of goods or services and is $22.56B for this quarter of 2016-Q4. Our Bank of America revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: Most businesses like Bank of America try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The financials along with Bank of America historical stock prices provides a lot of details about the firm. .

Bank of America Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
16.4060
PS ratio (
price sales ratio
)
2.5165
Operating margin
39.3
Net profit margin
20.6
Dividend yield
1.15%