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BAC - Bank of America Corporation

NYSE -> Financial Services -> Banks—Diversified
Charlotte, United States
Type: Equity

BAC price evolution
BAC
(in millions $) 30 Jul 2024 1 May 2024 31 Jan 2024 30 Sep 2023
Current assets
Cash $637356 $622043 $668970
Short term investments
Net receivables $86106 $81881 $74347
Inventory
Total current assets
Long term investments
Property, plant & equipment $11901 $11855 $11821
Goodwill & intangible assets $69021 $69021 $69021
Total noncurrent assets
Total investments $1990732 $1957122 $1869790
Total assets $3273803 $3179876 $3153090
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $582682 $523237 $547391
Long term debt $296346 $302204 $290359
Total noncurrent liabilities
Total debt $664899 $618189 $631258
Total liabilities $2980251 $2888230 $2866026
Shareholders' equity
Retained earnings $228902 $224672 $223749
Other shareholder equity -$18057 -$17788 -$21792
Total shareholder equity $293552 $291646 $287064
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $622043 $505036 $606085 $691067
Short term investments
Net receivables $81881 $67543 $72263 $64221
Inventory
Total current assets
Long term investments
Property, plant & equipment $11855 $11510 $10833 $11000
Goodwill & intangible assets $69021 $69022 $69022 $68951
Total noncurrent assets
Total investments $1957122 $1951397 $2000343 $1650331
Total assets $3179876 $3050706 $3169495 $2819627
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $523237 $223814 $209061 $201649
Long term debt $302204 $275982 $271185 $262934
Total noncurrent liabilities
Total debt $618189 $498549 $496199 $452578
Total liabilities $2888230 $2777509 $2899429 $2546703
Shareholders' equity
Retained earnings $224672 $207003 $188064 $164088
Other shareholder equity -$17788 -$21156 -$5104 -$1656
Total shareholder equity $291646 $273197 $270066 $272924
(in millions $) 30 Jul 2024 1 May 2024 31 Jan 2024 30 Sep 2023
Revenue
Total revenue $25818 $25167
Cost of revenue
Gross Profit $25167
Operating activities
Research & development
Selling, general & administrative $13282
Total operating expenses $15838
Operating income $9329
Income from continuing operations
EBIT $8095
Income tax expense $588 $293
Interest expense
Net income
Net income $6142 $7802
Income (for common shares) $7270
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $98581 $94950 $85528
Cost of revenue
Gross Profit $94950 $85528
Operating activities
Research & development
Selling, general & administrative $51506 $46558
Total operating expenses $61438 $55213
Operating income $33512 $30315
Income from continuing operations
EBIT $30969 $18995
Income tax expense $1827 $3441 $1101
Interest expense $8225
Net income
Net income $24866 $27528 $17894
Income (for common shares) $26015 $16473
(in millions $) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Net income $6674 $3144 $7802 $7408
Operating activities
Depreciation $538 $527 $517 $510
Business acquisitions & disposals
Stock-based compensation $865 $728 $588 $832
Total cash flows from operations -$15539 $32724 $11772 $11786
Investing activities
Capital expenditures
Investments -$70508 -$63196 -$58177 $58443
Total cash flows from investing -$71322 -$64183 -$59934 $57884
Financing activities
Dividends paid -$2519 -$2233 -$2411 -$2091
Sale and purchase of stock -$2500 -$811 -$1000 -$550
Net borrowings $51623 -$24881 $23602 -$35837
Total cash flows from financing $68658 $11291 $27628 -$71695
Effect of exchange rate -$1466 $1515 -$1293 -$640
Change in cash and equivalents -$19669 -$18653 -$21827 -$2665
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $26515 $27528 $31978 $17894
Operating activities
Depreciation $2057 $1978 $1898 $1843
Business acquisitions & disposals
Stock-based compensation $2942 $2862 $2768 $2031
Total cash flows from operations $44982 -$6327 -$7193 $37993
Investing activities
Capital expenditures
Investments -$30129 $2083 -$309812 -$174176
Total cash flows from investing -$35387 -$2529 -$313291 -$177665
Financing activities
Dividends paid -$9087 -$8576 -$8055 -$7727
Sale and purchase of stock -$4576 -$5073 -$25126 -$7025
Net borrowings $114239 $38340 $56287 $9386
Total cash flows from financing $93345 -$106039 $291650 $355819
Effect of exchange rate -$70 -$3123 -$3408 $2756
Change in cash and equivalents $102870 -$118018 -$32242 $218903
Fundamentals
Market cap N/A
Enterprise value N/A
Shares outstanding N/A
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 9.90
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A