Bank Financial Statements From 2010 to 2025

BAC Stock  USD 51.93  0.37  0.72%   
Bank of America's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Bank of America's valuation are provided below:
Gross Profit
101.4 B
Profit Margin
0.2922
Market Capitalization
381.9 B
Enterprise Value Revenue
7.1617
Revenue
101.4 B
We have found one hundred twenty available fundamental signals for Bank of America, which can be analyzed and compared to other ratios and to its rivals. Investors should ensure to validate all of Bank of America's prevailing performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 253.9 B. The current year's Enterprise Value is expected to grow to about 490.2 B

Bank of America Total Revenue

202.06 Billion

Check Bank of America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bank of America's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 95.1 B or Total Revenue of 202.1 B, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0419 or PTB Ratio of 1.33. Bank financial statements analysis is a perfect complement when working with Bank of America Valuation or Volatility modules.
  
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Check out the analysis of Bank of America Correlation against competitors.
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Bank of America Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 T3.3 T2.3 T
Slightly volatile
Short and Long Term Debt Total369.9 B658.4 B392.2 B
Slightly volatile
Total Current Liabilities2.6 T2.4 T495.1 B
Slightly volatile
Total Stockholder Equity172.4 B295.6 B240.4 B
Slightly volatile
Property Plant And Equipment Net9.7 B12.2 B10.2 B
Slightly volatile
Retained Earnings254.5 B242.3 B134.5 B
Slightly volatile
Cash311.3 B296.5 B209.4 B
Slightly volatile
Non Current Assets Total2.6 T2.5 T1.1 T
Slightly volatile
Cash And Short Term Investments675.1 B642.9 B476.7 B
Slightly volatile
Net Receivables54.5 B97.9 B73.9 B
Pretty Stable
Common Stock Shares Outstanding7.2 B7.8 B9.1 B
Very volatile
Short Term Investments212.3 B346.4 B260.2 B
Pretty Stable
Liabilities And Stockholders Equity1.8 T3.3 T2.3 T
Slightly volatile
Non Current Liabilities Total734.4 B532.8 B1.1 T
Slightly volatile
Other Current Assets771.3 B968.2 B844.6 B
Pretty Stable
Total Liabilities1.6 TT2.1 T
Slightly volatile
Property Plant And Equipment Gross9.1 B12.7 B10.1 B
Slightly volatile
Total Current Assets777.9 B740.8 B557.7 B
Slightly volatile
Short Term Debt393.9 B375.1 B90.6 B
Slightly volatile
Intangible Assets1.9 BB4.8 B
Slightly volatile
Common Stock Total Equity94.8 B67.8 B106.9 B
Slightly volatile
Common Stock43.1 B45.3 B102.1 B
Slightly volatile
Other Liabilities4.8 B5.1 B73.4 B
Slightly volatile
Accounts Payable352.2 B201.7 B309.9 B
Pretty Stable
Other Assets1.2 T2.3 T1.1 T
Slightly volatile
Long Term Debt284 B283.3 B309 B
Pretty Stable
Good Will65.6 B79.4 B66.1 B
Slightly volatile
Preferred Stock Total Equity17.3 B32.7 B21.3 B
Slightly volatile
Property Plant Equipment12 B20.7 B11.7 B
Slightly volatile
Net Tangible Assets192 B234.8 B181.2 B
Slightly volatile
Long Term Debt Total286.4 B257.6 B353.5 B
Slightly volatile
Long Term Investments960.7 B1.1 T1.2 T
Slightly volatile
Non Current Liabilities Other159.2 B176.1 B194.8 B
Slightly volatile
Short and Long Term Debt41.2 B43.4 B211.1 B
Slightly volatile
Capital Surpluse75.6 B45.3 B107.7 B
Slightly volatile
Earning Assets1.2 T1.9 T1.1 T
Slightly volatile
Net Invested Capital595.1 B599.1 B528.6 B
Slightly volatile
Capital Stock79.4 B68.5 B119 B
Slightly volatile

Bank of America Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 B2.2 B1.5 B
Slightly volatile
Interest Expense95.1 B90.5 B27 B
Slightly volatile
Total Revenue202.1 B192.4 B93.9 B
Slightly volatile
Gross Profit62.6 B96.1 B78.4 B
Slightly volatile
Other Operating Expenses171.3 B163.2 B70.9 B
Slightly volatile
EBITDA18.5 B31.4 B22.2 B
Slightly volatile
Cost Of Revenue101.2 B96.4 B24.5 B
Slightly volatile
Total Operating Expenses39.3 B66.8 B56.7 B
Pretty Stable
Net Income28.5 B27.1 B18 B
Slightly volatile
Selling General Administrative46.4 B44.2 B15.4 B
Pretty Stable
Selling And Marketing Expenses5.7 B5.5 B2.2 B
Slightly volatile
Net Income Applicable To Common Shares14.9 B25.5 B16.4 B
Slightly volatile
Preferred Stock And Other Adjustments1.6 B1.4 B1.9 B
Slightly volatile
Net Income From Continuing Ops18.2 B27.1 B17.8 B
Slightly volatile
Tax Provision3.7 B2.1 B5.1 B
Slightly volatile
Net Interest Income52 B56.1 B45 B
Slightly volatile
Interest Income81.9 B146.6 B67.1 B
Slightly volatile
Reconciled Depreciation2.2 B2.2 BB
Pretty Stable

Bank of America Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow349.7 B333.1 B191.4 B
Slightly volatile
Depreciation2.3 B2.2 B2.2 B
Pretty Stable
Net Income28.5 B27.1 B18.2 B
Slightly volatile
End Period Cash Flow304.6 B290.1 B200.3 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.41.76742.0712
Slightly volatile
Dividend Yield0.04190.02790.0243
Slightly volatile
PTB Ratio1.331.15070.9676
Slightly volatile
Days Sales Outstanding143186265
Pretty Stable
Book Value Per Share19.5838.193826.2101
Slightly volatile
Capex To Depreciation0.50.530.4525
Pretty Stable
PB Ratio1.331.15070.9676
Slightly volatile
EV To Sales3.773.64824.6308
Slightly volatile
ROIC0.02680.02250.0235
Slightly volatile
Net Income Per Share2.73.50622.0474
Slightly volatile
Sales General And Administrative To Revenue0.250.22950.3864
Slightly volatile
Capex To Revenue0.01310.01380.0124
Pretty Stable
Cash Per Share87.2483.081552.4925
Slightly volatile
Payout Ratio0.50.35030.3743
Pretty Stable
Capex To Operating Cash Flow0.04120.04330.0331
Slightly volatile
ROE0.120.09180.0773
Slightly volatile
PE Ratio9.0512.535116.1167
Slightly volatile
Return On Tangible Assets0.01050.00850.0077
Slightly volatile
Earnings Yield0.09590.07980.0751
Slightly volatile
Intangibles To Total Assets0.02340.02120.0283
Slightly volatile
Net Debt To EBITDA22.3311.511123.9726
Slightly volatile
Current Ratio0.170.30450.2817
Pretty Stable
Tangible Book Value Per Share30.7429.274520.0692
Slightly volatile
Receivables Turnover1.871.96521.9802
Slightly volatile
Graham Number28.354.891233.0472
Slightly volatile
Shareholders Equity Per Share19.4938.193826.2045
Slightly volatile
Debt To Equity3.22.22772.0967
Pretty Stable
Capex Per Share0.120.130.117
Pretty Stable
Revenue Per Share18.9824.867412.5187
Slightly volatile
Interest Debt Per Share79.6696.786856.4462
Slightly volatile
Debt To Assets0.280.20190.2087
Slightly volatile
Enterprise Value Over EBITDA30.222.327534.7398
Slightly volatile
Price Earnings Ratio9.0512.535116.1167
Slightly volatile
Operating Cycle143186265
Pretty Stable
Price Book Value Ratio1.331.15070.9676
Slightly volatile
Dividend Payout Ratio0.50.35030.3743
Pretty Stable
Company Equity Multiplier12.6811.035110.1511
Pretty Stable
Long Term Debt To Capitalization0.580.48940.4914
Pretty Stable
Total Debt To Capitalization0.80.69020.6711
Very volatile
Debt Equity Ratio3.22.22772.0967
Pretty Stable
Quick Ratio0.170.30450.2817
Pretty Stable
Cash Ratio0.06860.12190.1052
Slightly volatile
Cash Conversion Cycle143186265
Pretty Stable
Days Of Sales Outstanding143186265
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.660.890.9641
Slightly volatile
Price To Book Ratio1.331.15070.9676
Slightly volatile
Fixed Asset Turnover16.6115.814810.4091
Slightly volatile
Capital Expenditure Coverage Ratio22.0223.8946.5132
Slightly volatile
Enterprise Value Multiple30.222.327534.7398
Slightly volatile
Debt Ratio0.280.20190.2087
Slightly volatile
Price Sales Ratio1.41.76742.0712
Slightly volatile
Return On Assets0.01020.00830.0075
Slightly volatile
Asset Turnover0.07290.0590.0489
Very volatile
Net Profit Margin0.120.1410.1608
Slightly volatile
Gross Profit Margin0.530.49920.7481
Pretty Stable
Price Fair Value1.331.15070.9676
Slightly volatile
Return On Equity0.120.09180.0773
Slightly volatile

Bank of America Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap253.9 B241.9 B254.6 B
Slightly volatile
Enterprise Value490.2 B466.8 B483 B
Slightly volatile

Bank Fundamental Market Drivers

Forward Price Earnings11.9474
Cash And Short Term Investments642.9 B

Bank Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
16th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
10th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Bank of America Financial Statements

Bank of America stakeholders use historical fundamental indicators, such as Bank of America's revenue or net income, to determine how well the company is positioned to perform in the future. Although Bank of America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bank of America's assets and liabilities are reflected in the revenues and expenses on Bank of America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Bank of America. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue192.4 B202.1 B
Cost Of Revenue96.4 B101.2 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.23  0.25 
Capex To Revenue 0.01  0.01 
Revenue Per Share 24.87  18.98 
Ebit Per Revenue 0.15  0.16 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Bank of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of America Stock:
Check out the analysis of Bank of America Correlation against competitors.
For information on how to trade Bank Stock refer to our How to Trade Bank Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of America. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.315
Dividend Share
1.06
Earnings Share
3.66
Revenue Per Share
13.321
Quarterly Revenue Growth
0.126
The market value of Bank of America is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of America's value that differs from its market value or its book value, called intrinsic value, which is Bank of America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of America's market value can be influenced by many factors that don't directly affect Bank of America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.