Bank of America Corporation

NYSE-BAC

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						71,236	51,585	47,672	72,565	130,262	142,392
Interest Income On Investments				—	—	—	—	—	—	—	—
Interest Income, Total						71,236	51,585	47,672	72,565	130,262	142,392
Interest On Deposits						22,345	8,225	4,738	20,103	73,331	86,333
Total Interest On Borrowings				—	—	—	—	—	—	—	—
Interest Expense, Total						22,345	8,225	4,738	20,103	73,331	86,333
Net Interest Income						48,891	43,360	42,934	52,462	56,931	56,059
Service Charges On Deposits				—	—	—	—	—	—	—	—
Trust Income				—	—	—	—	—	—	—	—
Credit Card Fee				—	—	—	—	—	—	—	—
Total Mortgage Banking Activities			—	—	—	—	—	—	—	—	—
Income From Trading Activities				—	—	—	—	—	—	—	—
Gain (Loss) on Sale of Assets	—			—	—	—	—	—	—	—	—
Gain (Loss) on Sale of Invest. & Securities						-2,737	-589	-1,078	-1,168	-1,905	-2,171
Total Other Non Interest Income						43,018	42,757	47,257	43,656	45,155	46,033
Non Interest Income, Total						40,281	42,168	46,179	42,488	43,250	43,862
Revenues Before Provison For Loan Losses						89,172	85,528	89,113	94,950	100,181	99,921
Provision For Loan Losses						3,590	11,320	-4,594	2,543	4,394	5,165
Total Revenues						85,582	74,208	93,707	92,407	95,787	94,756
Total Revenues % Chg.						-2.5%	-13.3%	26.3%	-1.4%	3.7%	-1.7%
Salaries And Other Employee Benefits						29,877	30,625	33,140	33,547	35,230	35,848
Amort. of Goodwill & Intang. Assets		—	—	—	—	—	—	—	—	—	—
Occupancy Expense	—	—	—			6,588	4,518	4,651	4,599	4,723	4,777
Selling General & Admin Expenses, Total						10,277	13,340	14,970	15,618	16,334	16,749
Total Other Non Interest Expense						6,086	6,730	6,970	7,674	7,458	7,641
Non Interest Expense, Total						52,828	55,213	59,731	61,438	63,745	65,015
EBT, Excl. Unusual Items						32,754	18,995	33,976	30,969	32,042	29,741
Other Unusual Items	—	—	—	—	—	—	—	—	—	-3,700	-3,700
EBT, Incl. Unusual Items						32,754	18,995	33,976	30,969	28,342	26,041
Income Tax Expense						5,324	1,101	1,998	3,441	1,827	1,524
Earnings From Continuing Operations						27,430	17,894	31,978	27,528	26,515	24,517
Net Income						27,430	17,894	31,978	27,528	26,515	24,517
Preferred Dividend and Other Adjustments						1,432	1,421	1,421	1,513	1,649	1,685
Net Income to Common Incl Extra Items						25,998	16,473	30,557	26,015	24,866	22,832
Net Income to Common Excl. Extra Items						25,998	16,473	30,557	26,015	24,866	22,832
Total Shares Outstanding						8,836.1	8,650.8	8,077.8	7,996.8	7,895.5	7,774.8
Weighted Avg. Shares Outstanding						9,390.5	8,753.2	8,493.3	8,113.7	8,028.6	7,968.5
Weighted Avg. Shares Outstanding Dil						9,442.9	8,796.9	8,558.4	8,167.5	8,080.5	7,997.3
EPS						2.8	1.9	3.6	3.2	3.1	2.9
EPS Diluted						2.8	1.9	3.6	3.2	3.1	2.8
Effective Tax Rate						16.3%	5.8%	5.9%	11.1%	6.4%	5.9%