-
Income Statement
-
Balance Sheet
-
Cashflow Statement
-
Profitability
-
Ratios
Bank of America Corporation Income Statement
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$85.53 B | $89.11 B | $94.95 B | $98.58 B | $101.89 B |
| Cost of Revenue |
|
- | - | - | - | - |
| Gross Profit |
|
$85.53 B | $89.11 B | $94.95 B | $98.58 B | $101.89 B |
| Research & Development |
|
- | - | - | - | - |
| Selling,General & Administrative |
|
$41.16 B | $45.05 B | $45.95 B | $47.72 B | $50.32 B |
| Operating Expense |
|
$66.53 B | $55.14 B | $63.98 B | $70.24 B | $72.63 B |
| Operating Income |
|
$19.00 B | $33.98 B | $30.97 B | $28.34 B | $29.25 B |
| Net Income |
|
$17.89 B | $31.98 B | $27.53 B | $26.52 B | $27.13 B |
Bank of America Corporation Balance Sheet
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$728.84 B | $798.19 B | $638.85 B | $754.61 B | $885.86 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$810.00 B | $885.21 B | $719.99 B | $851.30 B | $968.17 B |
| Property,Plant and Equipment |
|
$11.00 B | $10.83 B | $11.51 B | $11.86 B | $12.17 B |
| Goodwill |
|
$68.95 B | $69.02 B | $69.02 B | $69.02 B | $69.02 B |
| Total Assets |
|
$2.82 T | $3.17 T | $3.05 T | $3.18 T | $3.26 T |
| Total Liabilities |
|
$2.55 T | $2.90 T | $2.78 T | $2.89 T | $2.97 T |
| Retained Earnings |
|
$164.09 B | $188.06 B | $207.00 B | $224.67 B | $242.35 B |
| Total Shareholder Equity |
|
$272.92 B | $270.07 B | $273.20 B | $291.65 B | $295.56 B |
| Common Stock |
|
$85.98 B | $62.40 B | $58.95 B | $56.37 B | $45.34 B |
Bank of America Corporation Cash flow
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$1.84 B | $1.90 B | $1.98 B | $2.06 B | $2.19 B |
| Dividends Payout |
|
-$7.73 B | -$8.06 B | -$8.58 B | -$9.09 B | -$9.50 B |
| Capital Expenditures (Capex) |
|
- | - | - | - | - |
| Free Cash Flow (FCF) |
|
$37.99 B | -$7.19 B | -$6.33 B | $44.98 B | -$8.81 B |
Bank of America Corporation Profitability
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$85.53 B | $89.11 B | $94.95 B | $98.58 B | $101.89 B |
| Gross Profit Margin (%) |
|
100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Income |
|
$19.00 B | $33.98 B | $30.97 B | $28.34 B | $29.25 B |
| Operating Income Margin (%) |
|
22.21% | 38.13% | 32.62% | 28.75% | 28.71% |
| Net Income |
|
$17.89 B | $31.98 B | $27.53 B | $26.52 B | $27.13 B |
| Net Income Margin (%) |
|
20.92% | 35.88% | 28.99% | 26.90% | 26.63% |
| EBITDA |
|
$20.84 B | $35.87 B | $32.95 B | $30.40 B | $29.25 B |
| EBITDA Margin (%) |
|
24.36% | 40.26% | 34.70% | 30.84% | 28.71% |
Bank of America Corporation Ratios
| Chart | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
6.56% | 11.84% | 10.08% | 9.09% | 9.18% |
| Return on Assets (ROA) |
|
0.63% | 1.01% | 0.90% | 0.83% | 0.83% |
| Debt to Equity |
|
165.83% | 183.73% | 182.49% | 211.97% | 222.77% |
| Debt to total asset |
|
16.05% | 15.66% | 16.34% | 19.44% | 20.19% |
| Enterprise value to revenue |
|
3.87 | 5.82 | 5.58 | 5.55 | 6.95 |
| Enterprise value to EBITDA |
|
15.88 | 14.46 | 16.08 | 18.00 | 24.22 |
| Enterprise value |
|
$330.88 B | $518.70 B | $529.81 B | $547.09 B | $708.42 B |
| Cash to Debt |
|
8.39% | -1.45% | -1.27% | 7.28% | -1.34% |
| Tax Rate (%) |
|
5.80% | 5.88% | 11.11% | 6.45% | 7.25% |
| Payout Ratio |
|
43.18% | 25.19% | 31.15% | 34.27% | 35.03% |
