$279.9 B

BAC Mkt cap, 09-Nov-2018

$27.9 B

Bank of America Revenue Q3, 2018
Bank of America Gross profit (Q3, 2018)22.8 B
Bank of America Gross profit margin (Q3, 2018), %81.7%
Bank of America Net income (Q3, 2018)7.2 B
Bank of America Cash, 30-Sep-2018184.9 B
Bank of America EV358.2 B

Bank of America Revenue

Bank of America revenue was $100.26 b in FY, 2017 which is a 7% year over year increase from the previous period.

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Bank of America Revenue Breakdown

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Bank of America revenue breakdown by business segment: 17.9% from Global Markets, 22.5% from Global Banking, 20.9% from Global Wealth & Investment Management and 38.8% from Consumer Banking

Bank of America Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

95.2b93.1b93.7b100.3b

Revenue growth, %

(6%)(2%)1%7%

Cost of goods sold

10.9b10.5b10.0b12.9b

Gross profit

84.2b82.5b83.7b87.4b

Gross profit Margin, %

89%89%89%87%

Sales and marketing expense

1.8b1.8b1.7b1.7b

R&D expense

3.1b

Operating expense total

75.1b57.2b55.0b54.7b

Pre tax profit

6.9b22.2b25.2b29.2b

Income tax expense

2.0b6.3b7.2b11.0b

Net Income

4.8b15.9b17.9b18.2b

Bank of America Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

138.6b159.4b147.7b157.4b

Accounts Receivable

895.4b926.4b

PP&E

10.0b9.5b9.1b9.2b

Goodwill

69.8b69.8b69.0b69.0b

Total Assets

2.1t2.1t2.2t2.3t

Accounts Payable

1.1t1.2t1.3t1.3t

Short-term debt

31.2b28.1b23.9b32.7b

Long-term debt

243.1b236.8b216.8b227.4b

Total Debt

274.3b264.9b240.8b32.9b

Total Liabilities

1.9t1.9t1.9t2.0t

Common Stock

153.5b151.0b147.0b138.1b

Preferred Stock

19.3b22.3b25.2b22.3b

Retained Earnings

75.0b88.6b101.9b113.8b

Total Equity

243.5b256.2b266.8b267.1b

Debt to Equity Ratio

1.1 x1 x0.9 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0 x

Financial Leverage

8.6 x8.4 x8.2 x8.5 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

151.6b152.9b129.0b163.0b163.5b170.4b179.6b171.2b143.4b168.0b158.7b172.4b204.2b171.2b184.9b

Accounts Receivable

926.4b926.4b926.4b923.8b925.8b920.1b

PP&E

10.4b10.1b10.0b9.8b9.7b9.6b9.4b9.2b9.1b9.3b8.9b9.0b9.4b9.5b9.7b

Goodwill

69.8b69.8b69.8b69.8b69.8b69.8b69.8b69.7b69.7b69.0b69.0b69.0b69.0b69.0b69.0b

Total Assets

2.1t2.2t2.1t2.1t2.1t2.2t2.2t2.2t2.2t2.3t2.3t2.3t2.3t2.3t2.3t

Accounts Payable

1.1t1.1t1.1t1.2t1.1t1.2t1.2t1.2t1.2t1.3t1.3t1.3t1.3t1.3t1.3t

Short-term debt

51.4b45.9b33.3b33.3b39.9b34.5b30.9b33.1b26.9b44.2b36.5b32.7b38.1b40.6b29.0b

Long-term debt

254.8b257.1b250.0b238.0b243.4b237.3b232.8b229.6b225.1b221.0b223.9b228.7b232.3b226.6b234.1b

Total Debt

306.4b302.9b283.3b271.3b282.9b271.5b263.9b263.1b251.9b265.2b260.5b261.3b270.3b267.2b263.1b

Total Liabilities

1.9t1.9t1.9t1.9t1.9t1.9t1.9t1.9t1.9t2.0t2.0t2.0t2.1t2.0t2.1t

Common Stock

153.7b153.5b153.5b153.4b152.6b151.8b150.8b149.6b148.3b144.8b142.7b142.8b133.3b128.8b123.9b

Preferred Stock

13.4b14.8b72.8b22.3b22.3b22.3b24.3b25.2b25.2b25.2b25.2b22.3b24.7b23.2b22.3b

Retained Earnings

71.9b73.8b72.8b77.5b81.9b85.5b90.3b93.6b98.3b105.0b109.6b113.5b120.3b125.5b130.7b

Total Equity

231.9b237.4b239.0b250.0b251.7b255.9b262.8b267.1b270.1b268.0b271.0b272.5b266.2b264.2b262.2b

Debt to Equity Ratio

1.3 x1.3 x1.2 x1.1 x1.1 x1.1 x1 x1 x0.9 x1 x1 x1 x1 x1 x1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x

Financial Leverage

9.3 x9.1 x8.9 x8.6 x8.5 x8.4 x8.3 x8.2 x8.1 x8.4 x8.3 x8.4 x8.7 x8.7 x8.9 x

Bank of America Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

4.8b15.9b17.9b18.2b

Depreciation and Amortization

2.5b2.4b2.2b2.1b

Cash From Operating Activities

26.7b27.7b18.3b10.4b

Cash From Investing Activities

(4.2b)(55.0b)(63.1b)(52.0b)

Long-term Borrowings

(49.6b)

Dividends Paid

(2.3b)(3.6b)(4.2b)(5.7b)

Cash From Financing Activities

(12.2b)48.6b33.0b49.2b

Net Change in Cash

7.3b20.8b(11.6b)9.7b

Interest Paid

11.1b10.6b10.5b12.9b

Income Taxes Paid

2.6b2.3b1.6b3.3b

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(276.0m)2.0b1.8b3.4b8.7b13.2b2.7b6.9b13.2b4.9b10.1b15.7b6.9b13.7b20.9b

Depreciation and Amortization

629.0m1.3b1.9b608.0m1.2b1.8b566.0m1.5b1.7b534.0m1.1b1.9b646.0m1.0b1.5b

Cash From Operating Activities

22.7b27.5b27.1b(4.7b)(12.6b)22.3b10.8b26.1b26.7b(12.8b)(3.0b)17.5b40.4b33.8b53.4b

Cash From Investing Activities

(29.4b)(43.8b)(31.9b)(8.6b)(18.4b)(32.3b)(21.4b)(30.5b)(63.0b)(14.0b)(24.2b)(40.0b)(22.8b)(20.9b)(47.2b)

Short-term Borrowings

3.6b

Long-term Borrowings

(13.6b)(37.3b)(44.8b)

Dividends Paid

(344.0m)(704.0m)(1.5b)(846.0m)(1.8b)(2.7b)(974.0m)(1.9b)(3.0b)(1.3b)(2.4b)(4.1b)(1.7b)(3.2b)(5.1b)

Cash From Financing Activities

27.0b37.7b3.5b38.5b56.3b42.4b29.4b14.0b17.8b46.3b36.7b45.4b28.6b1.5b22.6b

Net Change in Cash

24.0b21.6b(2.7b)24.0b24.9b31.8b20.3b11.9b(15.9b)20.3b11.0b24.6b46.8b13.8b27.4b

Bank of America Ratios

USDY, 2018

EV/CFO

6.7 x

Debt/Equity

1 x

Debt/Assets

0.1 x

Financial Leverage

8.9 x
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Bank of America Operating Metrics

Bank of America's Total Loans was reported to be $934.1b in Q1, 2018. Bank of America's Registered Users was reported to be 35.5 m in Q1, 2018.
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Bank of America Employee Rating

3.620117 votes
Culture & Values
3.5
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
3.7
Career Opportunities
3.4
Source