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 EV355.8 B

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

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

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Revenue | 93.1b | 93.7b | 100.3b |

| (2%) | 1% | 7% |

## Cost of goods sold | 10.5b | 10.0b | 12.9b |

## Gross profit | 82.5b | 83.7b | 87.4b |

| 89% | 89% | 87% |

## Sales and marketing expense | 1.8b | 1.7b | 1.7b |

## General and administrative expense | 45.1b | 43.3b | 43.1b |

## Operating expense total | 57.2b | 55.0b | 54.7b |

## Depreciation and amortization | 834.0m | 730.0m | |

## Pre tax profit | 22.2b | 25.2b | 29.2b |

## Income tax expense | 6.3b | 7.2b | 11.0b |

## Net Income | 15.9b | 17.9b | 18.2b |

USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 22.0b | 22.9b | 24.0b | 24.9b | 26.0b | 25.3b | 27.1b | 27.3b | 27.9b |

## Cost of goods sold | 2.5b | 2.5b | 2.4b | 2.7b | 3.2b | 3.5b | 4.0b | 4.7b | 5.1b |

## Gross profit | 19.5b | 20.4b | 21.6b | 22.2b | 22.8b | 21.8b | 23.1b | 22.6b | 22.8b |

| 89% | 89% | 90% | 89% | 88% | 86% | 85% | 83% | 82% |

## Sales and marketing expense | 419.0m | 414.0m | 410.0m | 332.0m | 442.0m | 461.0m | 345.0m | 395.0m | 421.0m |

## General and administrative expense | 11.8b | 10.6b | 10.6b | 12.0b | 10.6b | 10.3b | 11.3b | 10.7b | 10.6b |

## Operating expense total | 14.8b | 13.5b | 13.5b | 14.8b | 13.7b | 13.1b | 13.9b | 13.3b | 13.1b |

## Depreciation and amortization | 187.0m | 186.0m | 181.0m | 162.0m | 160.0m | 151.0m | |||

## Pre tax profit | 3.7b | 5.9b | 7.3b | 6.6b | 8.4b | 7.9b | 8.4b | 8.5b | 9.0b |

## Income tax expense | 1.0b | 1.7b | 2.3b | 1.7b | 3.1b | 2.3b | 1.5b | 1.7b | 1.8b |

## Net Income | 2.7b | 4.2b | 5.0b | 4.9b | 5.3b | 5.6b | 6.9b | 6.8b | 7.2b |

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Cash | 159.4b | 147.7b | 157.4b |

## Accounts Receivable | 890.8b | 895.4b | 926.4b |

## PP&E | 9.5b | 9.1b | 9.2b |

## Goodwill | 69.8b | 69.0b | 69.0b |

## Total Assets | 2.1t | 2.2t | 2.3t |

## Accounts Payable | 1.2t | 1.3t | 1.3t |

## Short-term debt | 28.1b | 23.9b | 32.7b |

## Long-term debt | 236.8b | 216.8b | 227.4b |

## Total Debt | 264.9b | 240.8b | 32.9b |

## Total Liabilities | 1.9t | 1.9t | 2.0t |

## Common Stock | 151.0b | 147.0b | 138.1b |

## Preferred Stock | 22.3b | 25.2b | 22.3b |

## Retained Earnings | 88.6b | 101.9b | 113.8b |

## Total Equity | 256.2b | 266.8b | 267.1b |

## Debt to Equity Ratio | 1 x | 0.9 x | 0.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0 x |

## Financial Leverage | 8.4 x | 8.2 x | 8.5 x |

USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 179.6b | 171.2b | 143.4b | 168.0b | 158.7b | 172.4b | 204.2b | 171.2b | 184.9b |

## Accounts Receivable | 889.0b | 891.3b | 893.3b | 895.1b | 905.8b | 916.4b | 923.8b | 925.8b | 920.1b |

## PP&E | 9.4b | 9.2b | 9.1b | 9.3b | 8.9b | 9.0b | 9.4b | 9.5b | 9.7b |

## Goodwill | 69.8b | 69.7b | 69.7b | 69.0b | 69.0b | 69.0b | 69.0b | 69.0b | 69.0b |

## Total Assets | 2.2t | 2.2t | 2.2t | 2.3t | 2.3t | 2.3t | 2.3t | 2.3t | 2.3t |

## Accounts Payable | 1.2t | 1.2t | 1.2t | 1.3t | 1.3t | 1.3t | 1.3t | 1.3t | 1.3t |

## Short-term debt | 30.9b | 33.1b | 26.9b | 44.2b | 36.5b | 32.7b | 38.1b | 40.6b | 29.0b |

## Long-term debt | 232.8b | 229.6b | 225.1b | 221.0b | 223.9b | 228.7b | 232.3b | 226.6b | 234.1b |

## Total Debt | 263.9b | 263.1b | 251.9b | 265.2b | 260.5b | 261.3b | 270.3b | 267.2b | 263.1b |

## Total Liabilities | 1.9t | 1.9t | 1.9t | 2.0t | 2.0t | 2.0t | 2.1t | 2.0t | 2.1t |

## Common Stock | 150.8b | 149.6b | 148.3b | 144.8b | 142.7b | 142.8b | 133.3b | 128.8b | 123.9b |

## Preferred Stock | 24.3b | 25.2b | 25.2b | 25.2b | 25.2b | 22.3b | 24.7b | 23.2b | 22.3b |

## Retained Earnings | 90.3b | 93.6b | 98.3b | 105.0b | 109.6b | 113.5b | 120.3b | 125.5b | 130.7b |

## Total Equity | 262.8b | 267.1b | 270.1b | 268.0b | 271.0b | 272.5b | 266.2b | 264.2b | 262.2b |

## Debt to Equity Ratio | 1 x | 1 x | 0.9 x | 1 x | 1 x | 1 x | 1 x | 1 x | 1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 8.3 x | 8.2 x | 8.1 x | 8.4 x | 8.3 x | 8.4 x | 8.7 x | 8.7 x | 8.9 x |

USD | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|

## Net Income | 15.9b | 17.9b | 18.2b |

## Depreciation and Amortization | 2.4b | 2.2b | 2.1b |

## Cash From Operating Activities | 27.7b | 18.3b | 10.4b |

## Cash From Investing Activities | (55.0b) | (63.1b) | (52.0b) |

## Long-term Borrowings | (40.4b) | (51.8b) | (49.6b) |

## Dividends Paid | (3.6b) | (4.2b) | (5.7b) |

## Cash From Financing Activities | 48.6b | 33.0b | 49.2b |

## Net Change in Cash | 20.8b | (11.6b) | 9.7b |

## Interest Paid | 10.6b | 10.5b | 12.9b |

## Income Taxes Paid | 2.3b | 1.6b | 3.3b |

USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 2.7b | 6.9b | 13.2b | 4.9b | 10.1b | 15.7b | 6.9b | 13.7b | 20.9b |

## Depreciation and Amortization | 566.0m | 1.5b | 1.7b | 534.0m | 1.1b | 1.9b | 646.0m | 1.0b | 1.5b |

## Cash From Operating Activities | 10.8b | 26.1b | 26.7b | (12.8b) | (3.0b) | 17.5b | 40.4b | 33.8b | 53.4b |

## Cash From Investing Activities | (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 | (14.4b) | (28.0b) | (41.5b) | (13.6b) | (29.7b) | (44.7b) | (13.6b) | (37.3b) | (44.8b) |

## Dividends Paid | (974.0m) | (1.9b) | (3.0b) | (1.3b) | (2.4b) | (4.1b) | (1.7b) | (3.2b) | (5.1b) |

## Cash From Financing Activities | 29.4b | 14.0b | 17.8b | 46.3b | 36.7b | 45.4b | 28.6b | 1.5b | 22.6b |

## Net Change in Cash | 20.3b | 11.9b | (15.9b) | 20.3b | 11.0b | 24.6b | 46.8b | 13.8b | 27.4b |

USD | Y, 2018 |
---|---|

## EV/CFO | 6.7 x |

## Debt/Equity | 1 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 8.9 x |

Report incorrect company information

Bank of America's Total Loans was reported to be $929.8b in Q3, 2018. Bank of America's Registered Users was reported to be 36.2 k in Q3, 2018.

Report incorrect company information