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Bank of America Corp (BAC)

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34.675 +0.945    +2.80%
11:35:57 - Closed. Currency in EUR ( Disclaimer )
Type:  Equity
Market:  Germany
ISIN:  US0605051046 
WKN:  858388
  • Volume: 9,169
  • Bid/Ask: 34.675 / 34.675
  • Day's Range: 33.210 - 34.700
Bank of America 34.675 +0.945 +2.80%

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 first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 14,032 million compared to USD 14,448 million a year ago. Net income was USD 6,674 million compared to USD 8,161 million a year ago. Basic earnings per share from continuing operations was USD 0.77 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.94 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 30.09%
Net Profit margin TTM 28.15%
Return on Investment TTM 2.85%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 48071 43642 44412 43393
Net Income 6674 3144 7802 7408

BAC Balance Sheet

Quick Ratio MRQ 0.34
Current Ratio MRQ -
LT Debt to Equity MRQ 108.85%
Total Debt to Equity MRQ 280.03%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 3273803 3180151 3153090 3123198
Total Liabilities 2980251 2888505 2866026 2839879
Total Equity 293552 291646 287064 283319

BAC Cash Flow Statement

Cash Flow/Share TTM 5.68
Revenue/Share TTM 11.9
Operating Cash Flow  0.00%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities 32724 11772 11786
Cash From Investing Activities -64183 -59934 57884
Cash From Financing Activities 11291 27628 -71695
Net Change in Cash -18653 -21827 -2665
* In Millions of USD (except for per share items)
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BAC Comments

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Ciprian Gal
Ciprian Gal 37 minutes ago
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hopefully you stayed strong the last few weeks.
J Collier
J Collier Apr 16, 2024 4:29PM ET
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BAC, what a dog! woke bank management can't manage expenses effectively. nothing but a piggy bank for big government demagogues.
Ciprian Gal
Ciprian Gal 37 minutes ago
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blocked....inessential
Mark Deren
Mark Deren Apr 16, 2024 9:03AM ET
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Both Earnings and Revenue for $BAC are down from last years QTR (same as last QTR) and the stock is up ~25% in that time. So the bank isnt even making as much money as last year the prior 2 QTRs yet the stock is up significantly because the beat analysts expectations both QTRs. See how this game is played? Ridiculous!
Abdughaniyy Kromahjr
Abdughaniyy Kromahjr Apr 15, 2024 2:33PM ET
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I had be hearing that Bank of America is very much good
Kenneth Sam
Kenneth Sam Apr 15, 2024 4:10AM ET
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God pless you all🙏💗💗
Chuck Kay
ChuckKay Apr 15, 2024 4:10AM ET
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Pless you too.
Dima Yush
Dima Yush Apr 08, 2024 12:07PM ET
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hoax
Edward Lee
Fibonacci6180 Feb 05, 2024 9:02PM ET
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Trading idea - Entry point has to be over 32.6/61.80%
Ciprian Gal
Ciprian Gal Jan 26, 2024 9:55AM ET
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are you still buying overpriced tech? going forward, you need to be a smart shopper. playing filed is getting even. start here for overperformance in the next decade.
imdad Pg
imdad Pg Jan 26, 2024 6:47AM ET
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Bank of America Corporation (BAC) is one of the largest and most well-known financial institutions in the United States. It's a multinational banking and financial services company headquartered in Charlotte, North Carolina. Here are some key points about Bank of America: Business Activities: Bank of America provides a wide range of banking and financial services to individuals, small businesses, corporations, and governments. Its services include consumer and commercial banking, wealth management, investment banking, and more. Global Presence: Bank of America has a significant global presence, with operations in multiple countries. It operates not only as a retail bank but also as an investment bank, serving clients worldwide. Retail Banking: In the retail banking sector, Bank of America offers services such as checking and savings accounts, mortgages, credit cards, and personal loans to individual customers. Corporate and Investment Banking: Bank of America is a major player in the corporate and investment banking space, providing services such as mergers and acquisitions, underwriting of securities, trading, and other financial advisory services. Technology and Innovation: Like many modern banks, Bank of America has invested in technology and innovation to enhance its services. This includes online and mobile banking platforms to make banking more accessible to its customers. Stock Symbol: If you're interested in its stock performance, Bank of America's stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol BAC as rent a car jlt Keep in mind that the information provided here is a general overview, and for the latest and most accurate details about Bank of America, especially if you are considering any financial transactions or investments, it's advisable to check the latest reports, disclosures, and financial statements from reliable sources or consult with a financial professional.
Skippy PK
Skippy PK Jan 12, 2024 11:29AM ET
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Closed the gap at 32.03, excellent entry point. Jumped 3% already after closing the gap. Amazing
 
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