Bank of America Corp
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Financials : Banks | Large Cap Value

Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Premarket

Last Trade: Delayed
$22.59

Change Since Close Change Since Close Postmarket extended hours change is based on the last price at the end of the regular hours period. Premarket extended hours change is based on the day's regular session close.: -0.18 (-0.79%)

Bid: --

Ask: --

B/A Size: --

Market Hours

Closing Price: $22.77

Day's Change: 0.00 (0.00%)

Bid: --

Ask: --

B/A Size: --

Day's High: --

Day's Low: --

Volume (Light) Volume: 326,848 10-day average volume: 68,410,637: 326,848

RevenueValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Interest & Fees on Loans	31,918	33,228	36,221	40,811	43,086
Inter & Divs/ Invest Securs	9,178	9,167	10,471	11,724	11,806
Fed. Fund/Resale	988	1,118	2,390	3,176	4,843
Other Interest Income	3,026	3,121	4,023	6,247	6,305
Trading Account Interest	4,397	4,423	4,474	4,811	5,196
Interest Income, Bank	49,507	51,057	57,579	66,769	71,236
Interest on Deposit	861	1,015	1,931	4,495	7,188
Inter on Other Borrowings	9,688	8,946	10,409	14,112	15,157
Total Interest Expense	10,549	9,961	12,340	18,607	22,345
Net Interest Income	38,958	41,096	45,239	48,162	48,891
Loan Loss Provision	3,161	3,597	3,396	3,282	3,590
NetInterIn after Loan Loss Provision	35,797	37,499	41,843	44,880	45,301

Non-Interest Income & ExpensesValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Commish & Fees/Secur Act	13,337	12,745	13,836	14,160	13,902
Credit Card Fees	5,959	5,851	5,676	5,824	5,797
Fees for Other Cust Serv	10,883	9,981	7,818	7,767	7,674
Dealer Trading Acct Profit	6,473	6,902	7,102	9,008	9,034
Invest Securities Gains	5,572	5,241	6,011	5,327	5,642
Other Unusual Income	(81)	(19)	(41)	(33)	(24)
Other Revenue	1,864	1,904	1,485	805	328
Non-Interest Income, Bank	44,007	42,605	41,887	42,858	42,353
Labor & Related Expenses	(32,751)	(31,748)	(31,931)	(31,880)	(31,977)
Other Expense	(24,866)	(23,335)	(22,586)	(21,274)	(22,923)
Non-Interest Expense, Bank	(57,617)	(55,083)	(54,517)	(53,154)	(54,900)
Income Before Tax	22,187	25,021	29,213	34,584	32,754

Income TaxesValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Income Tax - Total	6,277	7,199	9,028	6,437	5,324
Income After Tax	15,910	17,822	20,185	28,147	27,430

Minority Interest and Equity in AffiliatesValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Net Inc Before Extra Items	15,910	17,822	20,185	28,147	27,430

Extraordinary ItemsValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Total Extraordinary Items	--	--	(1,953)	--	--

Net IncomeValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Total Net Income	15,910	17,822	18,232	28,147	27,430

Adjustments to Net IncomeValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Total Adjust to Net Income	(1,483)	(1,682)	(1,614)	(1,451)	(1,432)
Income Available to Common Excl. Extra. Items	14,427	16,140	18,571	26,696	25,998
Income Available to Common Incl. Extra. Items	14,427	16,140	16,618	26,696	25,998

EPS ReconciliationValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Basic/Primary Weighted Average Shares	10,462	10,284	10,196	10,097	9,391
Basic/Primary EPS Excl. Extra. Items	1.38	1.57	1.82	2.64	2.77
Basic/Primary EPS Incl. Extra. Items	1.38	1.57	1.63	2.64	2.77
Dilution Adjustment	300	300	186	0	0
Diluted Weighted Average Shares	11,236	11,047	10,778	10,237	9,443
Diluted EPS Excl. Extra. Items	1.31	1.49	1.74	2.61	2.75
Diluted EPS Incl. Extra. Items	1.31	1.49	1.56	2.61	2.75

Common Stock DividendsValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Div/Share-ComStockPrimIssue	0.20	0.25	0.39	0.54	0.66
Gross Divid - Common Stock	2,091	2,573	4,027	5,424	6,146

Pro Forma IncomeValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Pro Forma Net Income	--	--	--	--	--

Supplemental ItemsValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Depreciat/Amort, Suppl	1,555	1,511	1,482	1,525	1,617

Normalized IncomeValues displayed are in millions.

	2015 12/31/15	2016 12/31/16	2017 12/31/17	2018 12/31/18	2019 12/31/19
Total Special Items	81	1,219	41	502	2,805
Normalzd Income Before Tax	22,268	26,240	29,254	35,086	35,559
Efct/SpecItemsIncTxs (STEC)	23	351	13	93	456
IncTxsExcl ImpctofSpec Itms	6,300	7,550	9,041	6,530	5,780
Normalized Income After Tax	15,968	18,690	20,213	28,556	29,779
Normalzd Inc Avail to Common	14,485	17,008	18,599	27,105	28,347
Basic Normalized EPS	1.38	1.65	1.82	2.68	3.02
Diluted Normalized EPS	1.32	1.57	1.74	2.65	3.00

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for varies.

Market data and information provided by Morningstar.

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