Bank Of America Corporation: (NYSE: BAC)
$13.46
-0.05 (-0.39%)
Volume 85,626,202
May 21 03:08 PM ET
Zacks Rank: 3-Hold 
| #3 |
Income Statements
Annual Income Statement
Fiscal Year End for BANK OF AMER CP falls in the month of December .
All items in Millions except EPS data.
| 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 | |
|---|---|---|---|---|---|
| Sales | 100,078 | 115,074 | 134,194 | 150,450 | 113,106 |
| Cost Of Goods | 1,990 | 3,002 | 3,997 | 7,807 | 15,250 |
| Gross Profit | 98,088 | 112,072 | 130,197 | 142,643 | 97,856 |
| Selling & Adminstrative & Depr. & Amort Expenses | 80,262 | 93,046 | 109,723 | 112,562 | 67,419 |
| Income After Depreciation & Amortization | 17,826 | 19,026 | 20,474 | 30,081 | 30,437 |
| Non-Operating Income | 0 | 638 | 1,820 | 2,721 | 935 |
| Interest Expense | 14,754 | 18,618 | 19,977 | 23,000 | 25,074 |
| Pretax Income | 3,072 | -230 | -1,323 | 4,360 | 4,428 |
| Income Taxes | -1,116 | -1,676 | 915 | -1,916 | 420 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investment Gains/Losses | 0 | 0 | 0 | 0 | 0 |
| Other Income/Charges | 0 | 0 | 0 | 0 | 0 |
| Income From Cont. Operations | 4,188 | 1,446 | -2,238 | 6,276 | 4,008 |
| Extras & Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Net Income | 4,188 | 1,446 | -2,238 | 6,276 | 4,008 |
| Depreciation Footnote | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Income Before Depreciation & Amortization | 20,864 | 25,695 | 36,786 | 34,395 | 33,756 |
| Depreciation & Amortization (Cash Flow) | 3,038 | 6,669 | 16,312 | 4,314 | 3,319 |
| Income After Depreciation & Amortization | 17,826 | 19,026 | 20,474 | 30,081 | 30,437 |
| Earnings Per Share Data | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Average Shares | 10,840.85 | 10,254.82 | 9,790.47 | 7,728.57 | 4,612.49 |
| Diluted EPS Before Non-Recurring Items | 0.25 | -0.29 | 0.86 | -0.22 | 0.62 |
| Diluted Net EPS | 0.25 | 0.01 | -0.37 | -0.28 | 0.55 |
Quarterly Income Statement
Fiscal year end for BANK OF AMER CP falls in the month of December .
All items in Millions except EPS data.
| 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 | |
|---|---|---|---|---|---|
| Sales | 26,934.00 | 22,307.00 | 20,428.00 | 26,412.00 | 26,893.00 |
| Cost Of Goods | 382.00 | 438.00 | 484.00 | 519.00 | 549.00 |
| Gross Profit | 26,252.00 | 21,869.00 | 23,982.00 | 25,893.00 | 26,344.00 |
| SG&A, R&D, and Dept/Amort Expenses | 21,213.00 | 20,564.00 | 19,318.00 | 18,821.00 | 21,559.00 |
| Income After SG&A, R&D, and Dept/Amort Expenses | 5,039.00 | 1,305.00 | 4,664.00 | 7,072.00 | 4,785.00 |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3,055.00 | 3,209.00 | 3,554.00 | 3,925.00 | 4,066.00 |
| Pretax Income | 1,984.00 | -1,904.00 | 1,110.00 | 3,147.00 | 719.00 |
| Income Taxes | 501.00 | -2,636.00 | 770.00 | 684.00 | 66.00 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investment Gains/Losses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Income/Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cont. Operations | 2,250.00 | 367.00 | 340.00 | 2,463.00 | 653.00 |
| Extras & Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 2,623.00 | 732.00 | 340.00 | 2,463.00 | 653.00 |
| Earnings Per Share Data | 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 |
|---|---|---|---|---|---|
| Average Shares | 11,154.78 | 10,884.92 | 10,776.17 | 11,556.01 | 10,761.92 |
| Diluted EPS Before Non-Recurring Items | 0.20 | 0.03 | 0.00 | 0.19 | 0.31 |
| Diluted Net EPS | 0.20 | 0.03 | 0.00 | 0.19 | 0.03 |
