BANK OF AMERICA CORP /DE/

BAC

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Identification

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Ticker
BAC
CIK0000070858
SIC6021
SectorFinance, Insurance, And Real Estate
Industry CategoryBanking
Industry GroupNational Commercial Banks

Contact

AddressBANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE, NC, 28255
Website bankofamerica.com
Phone7043868486
CEOBrian T. Moynihan
Employees217,000

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Standardized Financials

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Intrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals.

For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards.

Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics:

Income Statement
Revenue$107.26 billion
Pre-Tax Income$32.37 billion
Net Income$29.65 billion
Net Income to Common$28.25 billion
EPS$3.66
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Balance Sheet
Cash$25.35 billion
Assets$3,403.72 billion
Liabilities$3,099.56 billion
Common Equity$278.16 billion
Liabilities & Equity$3,403.72 billion
View All
Cash Flow Statement
Calculations
NOPAT$29.65 billion
EBITDA$34.01 billion
Price to Earnings$13.69
Price to Book$1.39
ROE9.87%
View All

Latest News

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Intrinio provides up-to-date news articles on every US company from various sources. Here are several examples:

Jim Cramer Says “I Think This Was a Really Fine Quarter for Bank of America, Maybe the Best”

Bank of America Corporation (NYSE:BAC) is one of the stocks Jim Cramer shared his thoughts on. Cramer called the market reaction to the stock after its earnings “extreme,” as he stated: “Alright, how about Bank of America, which looks fantastic. They posted a small top and bottom line beat, with a 7% revenue growth, 18% […]

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Bank stock picks, crypto trajectory, dealmaking appetite, and more takes from top execs this past week

Your new investing ideas think sheet, with comments from recent guests on Yahoo Finance's Opening Bid.

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Trump Says He Plans to Sue JPMorgan for Allegedly ‘Debanking’ Him

President Donald Trump said Saturday that he plans to sue JPMorgan Chase for allegedly closing his accounts after the Jan. 6, 2021, attack on the U.S. Capitol. “I’ll be suing JPMorgan Chase over the next two weeks for incorrectly and inappropriately DEBANKING me after the January 6th Protest,” Trump wrote on Truth Social. In an email to Barron’s, JPMorgan spokesperson Trish Wexler said the bank doesn’t comment on clients, but believes “no one’s account should be closed because of political or religious beliefs — and our policies back that up.”

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Trump Slams Jamie Dimon, JPMorgan. Why He Plans to Sue the Bank.

President Donald Trump lambasted JPMorgan Chase and its CEO Jamie Dimon in a social media post Saturday, saying he plans to sue the bank for allegedly closing his accounts after the Jan. 6, 2021 attack on the U.S. Capitol. “I’ll be suing JPMorgan Chase over the next two weeks for incorrectly and inappropriately DEBANKING me after the January 6th Protest,” Trump wrote on Truth Social. The White House and JPMorgan Chase didn’t immediately respond to a request for comment.

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Bank execs optimistic on the economy. Everyone else is worried.

As earnings releases continue to roll out from Big Banks this week, S&P Global Market Intelligence director of financial institutions research Nathan Stovall reacts to the commentary from banking executives on the economy and the state of the US consumer. Also watch Nathan Stovall comment on why bank stocks may be slipping despite generally positive earnings results. To watch more expert insights and analysis on the latest market action, check out more Market Domination.

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