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Bank of America Corp (BAC)

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38.800 -0.360    -0.92%
01:35:59 - Closed. Currency in EUR ( Disclaimer )
  • Volume: 24
  • Bid/Ask: 38.760 / 38.840
  • Day's Range: 38.800 - 39.075
Type:  Equity
Market:  Austria
ISIN:  US0605051046 
Bank of America 38.800 -0.360 -0.92%

BAC Financial Summary

 
A brief financial summary of Bank of America Corp as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Bank of America Corporation reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 13,702 million compared to USD 14,158 million a year ago. Net income was USD 6,897 million compared to USD 7,408 million a year ago. Basic earnings per share from continuing operations was USD 0.83 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 0.83 compared to USD 0.88 a year ago.For the six months, net interest income was USD 27,734 million compared to USD 28,606 million a year ago. Net income was USD 13,571 million compared to USD 15,569 million a year ago. Basic earnings per share from continuing operations was USD 1.6 compared to USD 1.83 a year ago. Diluted earnings per share from continuing operations was USD 1.59 compared to USD 1.82 a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

BAC Income Statement

Gross margin TTM -
Operating margin TTM 27.95%
Net Profit margin TTM 26.32%
Return on Investment TTM 2.37%
 Total Revenue  Net Income
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Revenue 48529 48071 43642 44412
Net Income 6897 6674 3144 7802

BAC Balance Sheet

Quick Ratio MRQ 0.38
Current Ratio MRQ -
LT Debt to Equity MRQ 108.65%
Total Debt to Equity MRQ 276.62%
 Total Assets  Total Liabilities
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Total Assets 3257996 3273803 3180151 3153090
Total Liabilities 2964104 2980251 2888505 2866026
Total Equity 293892 293552 291646 287064

BAC Cash Flow Statement

Cash Flow/Share TTM 5.21
Revenue/Share TTM 11.91
Operating Cash Flow  0.00%
 Cash  Net Change in Cash
Period Ending: Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -15539 32724 11772
Cash From Investing Activities -71322 -64183 -59934
Cash From Financing Activities 68658 11291 27628
Net Change in Cash -19669 -18653 -21827
* In Millions of USD (except for per share items)
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Nadeem Khan Nov 19, 2023 1:02
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I invest money but I don't know how
 
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