Bank Of America Corp /De/ financial data

Symbol
BAC, BML-PG, BML-PH, BAC-PE, BML-PJ, BML-PL, BAC-PB, BAC-PK, 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, NC
State of incorporation
DE
Fiscal year end
December 31
Former names
BANKAMERICA CORP/DE/ (to 4/23/1999), NATIONSBANK CORP (to 9/28/1998)
Latest financial report
10-Q - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1K % -2.1%
Return On Equity 8.41 % -21.9%
Return On Assets 0.76 % -20.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.76B shares -2.35%
Common Stock, Shares, Outstanding 7.77B shares -2.25%
Entity Public Float 228B USD -8.78%
Weighted Average Number of Shares Outstanding, Basic 7.9B shares -1.78%
Weighted Average Number of Shares Outstanding, Diluted 7.96B shares -1.48%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 98.3B USD -2.16%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 26B USD -21.8%
Income Tax Expense (Benefit) 1.52B USD -56.9%
Net Income (Loss) Attributable to Parent 24.5B USD -17.7%
Earnings Per Share, Basic 2.87 USD/shares -18%
Earnings Per Share, Diluted 2.85 USD/shares -18.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 11.9B USD +1.96%
Operating Lease, Right-of-Use Asset 8.71B USD -6.86%
Intangible Assets, Net (Excluding Goodwill) 2B USD 0%
Goodwill 69B USD 0%
Assets 3.26T USD +4.32%
Liabilities 2.96T USD +4.37%
Common Stocks, Including Additional Paid in Capital 51.4B USD -10.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax -17.6B USD +15%
Retained Earnings (Accumulated Deficit) 234B USD +6.96%
Stockholders' Equity Attributable to Parent 294B USD +3.73%
Liabilities and Equity 3.26T USD +4.32%

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 7.77B shares -2.25%
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 321B USD -14.2%
Deferred Tax Assets, Valuation Allowance 2.11B USD -1.17%
Deferred Tax Assets, Gross 25.7B USD +0.4%
Operating Lease, Liability 9.31B USD -6.65%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 27.6B USD +7.45%
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 4.01M shares -1.81%
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%
Preferred Stock, Shares Outstanding 4.01M shares -1.81%
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%
Interest Expense 81.4B USD +147%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%