Bank of America Revenue, Profits - BAC Quarterly Income Statement

Add to My Stocks
$32.17 $0.07 (0.22%) BAC stock closing price Mar 16, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Bank of America stock price alone is not sufficient. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. Like any other income statement, the BAC income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue decline of -5.11% when compared to the same period in the past. Revenue for year 2017 Q4 is $24.04B and has decreased from $25.34B quarter on quarter as is evident when you compare the latest figures in the latest Bank of America profit and loss statement with those of the prior corresponding period. Also see Bank of America assets and Bank of America free cash flow for a complete valuation of BAC stock.

View and download details of revenue and profits for Bank of America for latest & last 40 quarters.
show more
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Bank of America Revenues or Net Sales
Cost Of Goods Sold (COGS)679M624M346M282M279M266M245M225M211M214M
Bank of America Gross Profit
Research & Development Expense----------
Selling General & Admin Expense14.5B13.82B14.29B15.52B13.76B14.15B14.28B15.63B14.48B14.41B
Income Before Depreciation Depletion Amortization8.86B10.89B11.35B9.1B10.69B9.63B8.33B6.19B6.71B8.56B
Depreciation Depletion Amortization-151M160M162M176M181M186M187M202M207M
Non Operating Income----------
Interest Expense2.93B2.87B2.81B2.37B2.29B2.14B2.21B2.3B2.69B2.28B
Bank of America Pretax Income
Provision for Income Taxes3.89B2.28B3.11B1.71B2.18B2.35B1.7B1.02B1.12B1.56B
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations2.37B5.59B5.27B4.86B4.7B4.96B4.23B2.68B3.34B4.51B
Extraordinary Items & Discontinued Operations----------
Bank of America Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS10.62B10.73B10.82B10.91B10.96B11B11.06B10.34B11.15B11.2B
Average Shares used to compute Basic EPS10.47B10.2B10.01B10.1B10.17B10.25B10.25B10.34B10.4B10.44B
Income Before Nonrecurring Items5.3B5.59B5.27B4.86B4.7B4.96B4.23B2.68B3.34B4.51B
Income from Nonrecurring Items-2.94B---------
Bank of America Earnings Per Share Basic Net
Bank of America Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.470.480.460.410.400.410.360.210.280.37
Preferred Dividends Acc Pd270.87M488.06M--------
Dividends Common1234.481251.67--------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Bank of America stock analysis involves checking at least a few of the important things like:

  • Topline: A growing topline, as seen from the Bank of America revenue chart, as isn't the case with Bank of America indicates a sagging business. One needs to compare the QoQ topline or sales growth of BAC stock with its peers like JPM stock and WFC stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $2.37B for Bank of America for 2017 Q4. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The BAC financials along with Bank of America historical stock prices provide a lot of details about the firm.

Bank of America Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
PS Ratio (price sales ratio)
Operating Margin
Net Profit Margin
Dividend Yield