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Bank of America Corp (BAC)

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112,470.00 -3120.00    -2.70%
18/09 - Closed. Currency in COP ( Disclaimer )
Type:  Equity
Market:  Colombia
ISIN:  US0605051046 
  • Volume: 334
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 112,380.00 - 112,470.00
Bank of America 112,470.00 -3120.00 -2.70%

NYSE:BAC Financials

 
A brief overview of the NYSE:BAC financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Bank Of America over time.

Bank of America Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 14,158 million compared to USD 12,444 million a year ago. Net income was USD 7,408 million compared to USD 6,247 million a year ago. Basic earnings per share from continuing operations was USD 0.88 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 0.73 a year ago.For the six months, net interest income was USD 28,606 million compared to USD 24,016 million a year ago. Net income was USD 15,569 million compared to USD 13,314 million a year ago. Basic earnings per share from continuing operations was USD 1.83 compared to USD 1.54 a year ago. Diluted earnings per share from continuing operations was USD 1.82 compared to USD 1.53 a year ago.

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

BAC Income Statement

Gross margin TTM -
Operating margin TTM 34.55%
Net Profit margin TTM 30.88%
Return on Investment TTM 3.27%
 Total Revenue  Net Income
Period Ending: Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022
Total Revenue 24072 25327 23440 23604
Gross Profit 24072 25327 23440 23604
Operating Income 8034 9089 7897 8301
Net Income 7408 8161 7132 7082

BAC Balance Sheet

Quick Ratio MRQ 0.34
Current Ratio MRQ -
LT Debt to Equity MRQ 109.11%
Total Debt to Equity MRQ 266.43%
 Total Assets  Total Liabilities
Period Ending: Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022
Total Assets 3122633 3194657 3051375 3072953
Total Liabilities 2839314 2914461 2778178 2803429
Total Equity 283319 280196 273197 269524

BAC Cash Flow Statement

Cash Flow/Share TTM 5.6
Revenue/Share TTM 12.1
Operating Cash Flow  0.00%
 Cash  Net Change in Cash
Period Ending: Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -11300 30998 13154
Cash From Investing Activities 30846 14380 34761
Cash From Financing Activities 126121 -24385 -37889
Net Change in Cash 146015 25227 6974
* In Millions of USD (except for per share items)
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BAC Comments

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Rajesh Kumar
Rajesh Kumar Sep 15, 2023 2:07PM ET
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strong sell. 8B shares, $230B market cap. if this bank becomes strong sell, then imagine conditions of other banks.
rob mann
rob mann Sep 15, 2023 10:01AM ET
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52 week low inbound. This US Bank is way to over leveraged. Look at their "Sold but not yet purchased" incredibly HIGH...
Edward Lee
Fibonacci6180 Sep 12, 2023 9:53PM ET
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Trading idea - Entry point has to be over 29.2/61.80%
Sylvia Doloff
Sylvia Doloff Aug 17, 2023 3:39AM ET
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like the titanic
Jayne Doe
Jayne Doe Jul 27, 2023 7:40AM ET
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I won't continue to be your capital. You will go broke first. You can make your own money but you won't keep stealing mine.
Nonya
Nonya Jul 27, 2023 7:40AM ET
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Jayne you should seek help for the voices in your head
Mark Janos
Mark Janos Jul 26, 2023 6:58AM ET
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Time to go down,down,down....ha!
rob mann
rob mann Jul 24, 2023 12:36PM ET
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110 billion in on URL and this is natural movement? Only can prop up for so long!!! HA
Nonya
Nonya Jul 24, 2023 12:36PM ET
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Again false. Do some research pls. Stop reading seeking alpha nonsense
Fragnet
Fragnet Jul 21, 2023 12:15PM ET
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always a winner! up up up
rob mann
rob mann Jul 19, 2023 12:25PM ET
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Earnings were terrible yesterday. Sell before the pump allowing "Them" to profit and sell ends
Sylvia Doloff
Sylvia Doloff Jul 19, 2023 12:25PM ET
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great made 20k in 2 days stop loss at 30 so we shall see if your right
Nonya
Nonya Jul 19, 2023 12:25PM ET
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Are you delusional? Explain to me how earnings were bad….
rob mann
rob mann Jul 19, 2023 12:02PM ET
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$23.41 Next 52 week low ahead!
 
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