Bank Of America Corp /De/ financial data

Symbol
BAC, BML-PG, BML-PH, BML-PL, BML-PJ, BAC-PB, BAC-PK, BAC-PE, BAC-PL, BAC-PM, BAC-PN, BAC-PO, BAC-PP, BAC-PQ, BAC-PS, MER-PK on NYSE, BACRP on OTC
Industry
National Commercial Banks
Location
Bank Of America Corporate Center, 100 N Tryon St, Charlotte, North Carolina
State of incorporation
Delaware
Fiscal year end
December 31
Former names
BANKAMERICA CORP/DE/ (to 4/23/1999), NATIONSBANK CORP (to 9/28/1998)
Latest financial report
Q1 2024 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1K % -3.53%
Return On Equity 8.66 % -17.4%
Return On Assets 0.79 % -14.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.82B shares -1.87%
Common Stock, Shares, Outstanding 7.87B shares -1.32%
Entity Public Float 228B USD -8.78%
Weighted Average Number of Shares Outstanding, Basic 7.97B shares -1.21%
Weighted Average Number of Shares Outstanding, Diluted 8.03B shares -1.84%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 98.1B USD +0.16%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 26.5B USD -17.6%
Income Tax Expense (Benefit) 1.49B USD -58.2%
Net Income (Loss) Attributable to Parent 25B USD -12.6%
Earnings Per Share, Basic 2.92 USD/shares -12.8%
Earnings Per Share, Diluted 2.9 USD/shares -12.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 11.9B USD +1.65%
Operating Lease, Right-of-Use Asset 8.99B USD -5.66%
Intangible Assets, Net (Excluding Goodwill) 2B USD -4.76%
Goodwill 69B USD 0%
Assets 3.27T USD +2.48%
Liabilities 2.98T USD +2.26%
Common Stocks, Including Additional Paid in Capital 54.3B USD -5.16%
Accumulated Other Comprehensive Income (Loss), Net of Tax -18.1B USD +2.54%
Retained Earnings (Accumulated Deficit) 229B USD +7.43%
Stockholders' Equity Attributable to Parent 294B USD +4.77%
Liabilities and Equity 3.27T USD +2.48%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -15.5B USD -37.5%
Net Cash Provided by (Used in) Financing Activities 68.7B USD -45.6%
Net Cash Provided by (Used in) Investing Activities -71.3B USD -331%
Common Stock, Shares Authorized 12.8B shares 0%
Common Stock, Shares, Issued 7.87B shares -1.32%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -19.7B USD -113%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 313B USD -16.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 69.6B USD +276%
Deferred Tax Assets, Valuation Allowance 2.11B USD -1.17%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 25.7B USD +0.4%
Operating Lease, Liability 9.59B USD -5.38%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 25.5B USD +8.45%
Lessee, Operating Lease, Liability, to be Paid 18.8B USD +55.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.73B USD -6.27%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.95B USD -2.55%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -512M USD -203%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.06B USD +423%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.52B USD -3.32%
Deferred Tax Assets, Operating Loss Carryforwards 9.03B USD -3.54%
Preferred Stock, Shares Issued 4.09M shares 0%
Deferred Federal Income Tax Expense (Benefit) -2.24B USD -2137%
Current Income Tax Expense (Benefit) 3.84B USD +42%
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 811M USD -23.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.31B USD -3.4%
Operating Lease, Payments 1.98B USD -0.55%
Preferred Stock, Shares Outstanding 4.09M shares 0%
Current State and Local Tax Expense (Benefit) 559M USD +43.7%
Current Federal Tax Expense (Benefit) 1.36B USD +17.6%
Amortization of Intangible Assets 78M USD 0%
Depreciation, Depletion and Amortization 538M USD +6.96%
Deferred Tax Assets, Net of Valuation Allowance 23.6B USD +0.55%
Share-based Payment Arrangement, Expense 3.1B USD +6.9%
Deferred State and Local Income Tax Expense (Benefit) -53M USD -121%
Interest Expense 81.4B USD +147%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%