Bank Financial Statements From 2010 to 2026

BAC Stock  USD 55.95  0.95  1.73%   
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
414.4 B
Enterprise Value Revenue
7.4606
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 2026 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

232.36 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 109.3 B or Total Revenue of 232.4 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 Assets3.9 T3.8 T2.5 T
Slightly volatile
Short and Long Term Debt Total795.1 B757.2 B438.6 B
Slightly volatile
Total Current Liabilities2.9 T2.8 T653.1 B
Slightly volatile
Total Stockholder Equity172.4 B339.9 B246.3 B
Slightly volatile
Property Plant And Equipment Net9.7 B14 B10.4 B
Slightly volatile
Retained Earnings292.6 B278.7 B145.3 B
Slightly volatile
Cash358 B341 B219.9 B
Slightly volatile
Non Current Assets TotalT2.9 T1.2 T
Slightly volatile
Cash And Short Term Investments776.3 B739.4 B498.2 B
Slightly volatile
Net Receivables118.2 B112.6 B79.9 B
Slightly volatile
Common Stock Shares Outstanding7.2 BB9.1 B
Very volatile
Short Term Investments212.3 B398.4 B268.3 B
Slightly volatile
Liabilities And Stockholders Equity3.9 T3.8 T2.5 T
Slightly volatile
Non Current Liabilities Total734.4 B612.7 B1.1 T
Slightly volatile
Other Current Assets771.3 B1.1 T860.4 B
Pretty Stable
Total Liabilities3.6 T3.4 T2.3 T
Slightly volatile
Property Plant And Equipment Gross9.1 B12.7 B10.2 B
Slightly volatile
Total Current Assets894.6 B852 B581.9 B
Slightly volatile
Short Term Debt453 B431.4 B114.1 B
Slightly volatile
Intangible Assets2.2 B2.3 B4.6 B
Slightly volatile
Common Stock Total Equity94.8 B67.8 B104.1 B
Slightly volatile
Common Stock91.8 B52.1 B102.1 B
Slightly volatile
Other Liabilities4.8 B5.1 B69.4 B
Slightly volatile
Accounts Payable352.2 B201.7 B304.8 B
Pretty Stable
Other Assets2.8 T2.6 T1.2 T
Slightly volatile
Long Term Debt284 B325.8 B310 B
Pretty Stable
Good Will65.6 B79.4 B66.3 B
Slightly volatile
Preferred Stock Total Equity17.3 B32.7 B21.8 B
Slightly volatile
Property Plant Equipment12 B23.8 B12.5 B
Slightly volatile
Net Tangible Assets192 B234.8 B182.6 B
Slightly volatile
Long Term Debt Total286.4 B231.8 B346.3 B
Slightly volatile
Long Term Investments960.7 B955.3 B1.2 T
Slightly volatile
Non Current Liabilities Other159.2 B176.1 B194.9 B
Slightly volatile
Short and Long Term Debt37.1 B39.1 B200.7 B
Slightly volatile
Capital Surpluse75.6 B40.7 B103.8 B
Slightly volatile
Earning Assets1.2 T1.9 T1.2 T
Slightly volatile
Net Invested Capital595.1 B688.9 B538 B
Slightly volatile
Capital Stock79.4 B61.6 B115.6 B
Slightly volatile

Bank of America Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.6 B2.5 B1.6 B
Slightly volatile
Interest Expense109.3 B104.1 B32.4 B
Slightly volatile
Total Revenue232.4 B221.3 B103.1 B
Slightly volatile
Gross Profit62.6 B110.5 B80.3 B
Slightly volatile
Other Operating Expenses197 B187.7 B79.3 B
Slightly volatile
EBITDA18.5 B36.2 B23 B
Slightly volatile
Cost Of Revenue116.4 B110.8 B30.5 B
Slightly volatile
Total Operating Expenses39.3 B76.8 B57.8 B
Pretty Stable
Net Income32.8 B31.2 B19.1 B
Slightly volatile
Selling General Administrative53.3 B50.8 B17.8 B
Slightly volatile
Selling And Marketing Expenses6.6 B6.3 B2.5 B
Slightly volatile
Net Income Applicable To Common Shares14.9 B29.3 B17.2 B
Slightly volatile
Preferred Stock And Other Adjustments1.6 B1.4 B1.9 B
Slightly volatile
Net Income From Continuing Ops18.2 B31.2 B18.6 B
Slightly volatile
Tax Provision3.7 B1.9 B4.9 B
Slightly volatile
Net Interest Income52 B64.5 B46.1 B
Slightly volatile
Interest Income177 B168.6 B78.7 B
Slightly volatile
Reconciled Depreciation2.2 B2.5 B2.1 B
Pretty Stable

Bank of America Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow402.2 B383 B205.7 B
Slightly volatile
Depreciation2.3 B2.5 B2.2 B
Very volatile
Dividends Paid11.5 B10.9 B5.9 B
Slightly volatile
Net Income32.8 B31.2 B19.2 B
Slightly volatile
End Period Cash Flow350.3 B333.6 B210.9 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.41.592.0429
Slightly volatile
Dividend Yield0.04190.03210.0248
Slightly volatile
PTB Ratio1.331.320.9883
Slightly volatile
Days Sales Outstanding143167259
Pretty Stable
Book Value Per Share19.5834.3726.6901
Slightly volatile
Capex To Depreciation0.50.530.4529
Pretty Stable
PB Ratio1.331.320.9883
Slightly volatile
EV To Sales3.773.284.5514
Slightly volatile
ROIC0.02670.02590.0236
Slightly volatile
Net Income Per Share2.74.032.164
Slightly volatile
Sales General And Administrative To Revenue0.250.210.376
Slightly volatile
Capex To Revenue0.01310.01380.0124
Pretty Stable
Cash Per Share78.5174.7753.2894
Slightly volatile
Payout Ratio0.50.40.3758
Pretty Stable
Capex To Operating Cash Flow0.04120.04330.0334
Slightly volatile
ROE0.120.110.0792
Slightly volatile
PE Ratio9.0511.2815.8322
Slightly volatile
Return On Tangible Assets0.01050.00980.0078
Slightly volatile
Earnings Yield0.09590.09170.0761
Slightly volatile
Intangibles To Total Assets0.02340.0190.0278
Slightly volatile
Net Debt To EBITDA9.8410.3622.4372
Slightly volatile
Current Ratio0.170.270.281
Pretty Stable
Tangible Book Value Per Share27.6626.3520.2574
Slightly volatile
Receivables Turnover2.152.262.0131
Slightly volatile
Graham Number28.349.434.0091
Slightly volatile
Shareholders Equity Per Share19.4934.3726.6848
Slightly volatile
Debt To Equity3.22.562.1239
Very volatile
Capex Per Share0.120.130.1166
Pretty Stable
Revenue Per Share18.9828.613.4647
Slightly volatile
Interest Debt Per Share79.6611159.6729
Slightly volatile
Debt To Assets0.280.230.21
Slightly volatile
Enterprise Value Over EBITDA30.220.0933.8781
Slightly volatile
Price Earnings Ratio9.0511.2815.8322
Slightly volatile
Operating Cycle143167259
Pretty Stable
Price Book Value Ratio1.331.320.9883
Slightly volatile
Dividend Payout Ratio0.50.40.3758
Pretty Stable
Company Equity Multiplier12.6812.6910.3004
Slightly volatile
Long Term Debt To Capitalization0.580.560.4955
Slightly volatile
Total Debt To Capitalization0.80.790.6781
Pretty Stable
Debt Equity Ratio3.22.562.1239
Very volatile
Quick Ratio0.170.270.281
Pretty Stable
Cash Ratio0.06860.110.1055
Slightly volatile
Cash Conversion Cycle143167259
Pretty Stable
Days Of Sales Outstanding143167259
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.660.890.9659
Slightly volatile
Price To Book Ratio1.331.320.9883
Slightly volatile
Fixed Asset Turnover7.3714.2310.0903
Slightly volatile
Capital Expenditure Coverage Ratio22.0223.8945.3387
Slightly volatile
Enterprise Value Multiple30.220.0933.8781
Slightly volatile
Debt Ratio0.280.230.21
Slightly volatile
Price Sales Ratio1.41.592.0429
Slightly volatile
Return On Assets0.01020.00960.0076
Slightly volatile
Asset Turnover0.07290.06790.05
Very volatile
Net Profit Margin0.120.130.1589
Slightly volatile
Gross Profit Margin0.530.450.7306
Slightly volatile
Price Fair Value1.331.320.9883
Slightly volatile
Return On Equity0.120.110.0792
Slightly volatile

Bank of America Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap253.9 B241.9 B255.4 B
Slightly volatile
Enterprise Value490.2 B466.8 B485.1 B
Slightly volatile

Bank Fundamental Market Drivers

Forward Price Earnings12.8205
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 Revenue221.3 B232.4 B
Cost Of Revenue110.8 B116.4 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.21  0.25 
Capex To Revenue 0.01  0.01 
Revenue Per Share 28.60  18.98 
Ebit Per Revenue 0.14  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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.