BAC-PB | Bank of America Corporation Stock Financials Income Statements Annual

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	95.79B	92.41B	93.71B	74.21B	85.58B	91.02B	87.35B	83.70B	82.25B	83.12B	86.04B	81.26B	86.09B	104.96B	109.63B	72.24B	62.26B	69.39B	57.17B	51.02B	38.83B	35.12B	35.11B	32.96B	32.55B	31.50B	13.05B	10.04B	8.54B	7.81B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	-227.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	95.79B	N/A	N/A	N/A	N/A	91.25B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Expenses	56.29B	53.76B	52.76B	48.48B	46.74B	-37.33B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Admin	56.29B	53.76B	52.76B	48.48B	46.74B	40.52B	47.15B	46.41B	47.96B	65.32B	52.52B	60.42B	58.87B	57.29B	51.95B	31.89B	29.32B	27.80B	16.31B	14.82B	11.43B	10.44B	10.51B	10.02B	9.85B	9.99B	3.94B	N/A	N/A	N/A
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	-47.72B	N/A	N/A	N/A	N/A	-83.24B	N/A	N/A	N/A	N/A	N/A	N/A	299.00M	967.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	39.50B	38.64B	40.95B	25.73B	38.84B	53.92B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Expenses / Income	-11.16B	-7.67B	-6.97B	-6.73B	-6.09B	-19.34B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Before Tax Income	28.34B	30.97B	33.98B	19.00B	32.75B	34.58B	29.21B	25.15B	22.15B	6.86B	16.17B	3.07B	-230.00M	-1.32B	4.36B	4.43B	20.92B	31.97B	24.48B	21.22B	15.86B	12.99B	10.12B	11.79B	12.21B	8.05B	4.80B	3.63B	2.99B	2.56B
Income Tax Expenses	1.83B	3.44B	2.00B	1.10B	5.32B	6.44B	10.98B	7.25B	6.27B	2.02B	4.74B	-1.12B	-1.68B	915.00M	-1.92B	420.00M	5.94B	10.84B	8.02B	7.08B	5.05B	3.74B	3.33B	4.27B	4.33B	2.88B	1.72B	1.26B	1.04B	865.00M
Net Income	26.52B	27.53B	31.98B	17.89B	27.43B	28.15B	18.23B	17.91B	15.89B	4.83B	11.43B	4.19B	1.45B	-2.24B	6.28B	4.01B	14.98B	21.13B	16.46B	14.14B	10.81B	9.25B	6.79B	7.52B	7.88B	5.17B	3.08B	2.38B	1.95B	1.69B
Interest Expenses	73.33B	20.10B	4.74B	8.22B	22.34B	18.61B	12.91B	9.96B	10.55B	10.93B	12.76B	16.74B	21.62B	23.97B	30.81B	40.32B	52.87B	43.99B	27.89B	14.43B	10.18B	11.24B	18.00B	24.82B	19.09B	20.29B	8.68B	7.47B	7.77B	5.32B
Basic Shares Outstanding	8.03B	8.11B	8.49B	8.75B	9.39B	10.10B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B
Diluted Shares Outstanding	8.08B	8.17B	8.56B	8.80B	9.44B	10.24B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B	10.00B
EBITDA	30.37B	32.95B	35.87B	20.84B	34.48B	55.98B	44.23B	37.35B	35.09B	20.31B	31.61B	22.85B	24.88B	26.56B	39.48B	48.07B	76.64B	78.84B	54.14B	37.29B	27.15B	25.33B	29.85B	38.39B	33.22B	30.34B	14.34B	11.54B	11.16B	8.28B
EBITDA Margin	31.71%	35.65%	38.28%	28.08%	40.29%	61.51%	50.63%	44.63%	42.67%	24.44%	36.74%	28.12%	28.89%	25.31%	36.01%	66.54%	123.10%	113.61%	94.69%	73.09%	69.92%	72.12%	85.02%	116.48%	102.06%	96.29%	109.88%	114.95%	130.78%	106.05%
EBIT	101.67B	51.07B	38.71B	27.22B	55.10B	53.19B	42.12B	35.11B	32.70B	17.79B	28.93B	19.82B	21.39B	22.65B	35.17B	44.75B	73.80B	75.97B	52.37B	35.65B	26.04B	24.23B	28.12B	36.60B	31.30B	28.34B	13.48B	11.10B	10.76B	7.87B
EBIT Margin	106.14%	55.27%	41.31%	36.68%	64.38%	58.44%	48.22%	41.95%	39.76%	21.40%	33.62%	24.38%	24.84%	21.58%	32.08%	61.95%	118.54%	109.48%	91.59%	69.88%	67.07%	68.98%	80.08%	111.07%	96.17%	89.95%	103.25%	110.55%	126.10%	100.85%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31