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Bank of America Corp.$21.23($.81)(3.68%)

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Income Statement for Bank of America Corp.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $113,589.00 $110,584.00 $100,264.00
Cost of Goods Sold $7,188.00 $4,495.00 $1,931.00
Gross Profit $106,401.00 $106,089.00 $98,333.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $58,490.00 $56,663.00 $58,139.00
Income Before Depreciation $47,911.00 $49,426.00 $40,194.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $15,157.00 $14,842.00 $10,981.00
Pretax Income $32,754.00 $34,584.00 $29,213.00
       
Provision for Income Taxes $5,324.00 $6,437.00 $10,981.00
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $27,430.00 $28,147.00 $18,232.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $27,430.00 $28,147.00 $18,232.00
       
Basic Earnings Per Share $2.77 $2.64 $1.63
Diluted Earnings Per Share $2.75 $2.61 $1.56
       
Weighted Average Basic Shares Outstanding 9,390.50 10,096.50 10,195.65
Weighted Average Diluted Shares Outstanding 9,442.90 10,236.90 10,778.43
       
Income Before Non-Recurring Items $29,207.07 $28,147.00 $21,100.00
Income From Non-Recurring Items ($1,777.07) $0.00 ($2,868.00)
Diluted Earnings Per Share before extras $2.94 $2.61 $1.83
       
Dividend (preferred) $1,418.32 $1,492.24 $1,613.09
Dividend (common) $5,936.77 $5,299.67 $4,012.05
Dividend Per Share (common) $0.66 $0.54 $0.39




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