BAC

Bank of America

Financials

Diversified Banks

Charlotte, North Carolina

Balance Sheet 39 Accounts • 5 Years

Account	2024	2023	2022	2021	2020
end	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets - CashAndCashEquivalents	$290.1B	$333.1B	$230.2B	$348.2B	$380.5B
Assets - CashAndDueFromBanks	$26.0B	$27.9B	$30.3B	$29.2B	$36.4B
Assets - InterestBearingDepositsInBanks	$264.1B	$305.2B	$199.9B	$319.0B	$344.0B
Assets - RestrictedCash	$6.1B	$5.6B	$7.6B	$5.9B	$7.0B
Assets - FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell	$274.7B	$280.6B	$267.6B	$250.7B	$304.1B
Assets - TradingSecurities	$314.5B	$277.4B	$296.1B	$247.1B	$198.9B
Assets - AvailableForSaleSecurities	$346.4B	$266.6B	$220.8B	$299.2B	$234.5B
Assets - HeldToMaturitySecurities	$558.7B	$594.6B	$632.8B	$674.6B	$438.3B
Assets - EquitySecurities	$917.3B	$871.4B	$862.8B	$982.6B	$684.9B
Assets - LoansAndLeases	$1.1T	$1.1T	$1.0T	$979.1B	—
Assets - LoansHeldForSale	$2.2B	$2.1B	$1.1B	$15.6B	$9.2B
Assets - DerivativeAssets	$40.9B	$39.3B	$48.6B	$35.3B	$47.2B
Assets - Goodwill	$69.0B	$69.0B	$69.0B	$69.0B	$69.0B
Assets - IntangibleAssets	$2.0B	$2.0B	$2.1B	$2.2B	$2.2B
Assets - Property,PlantAndEquipment	$12.2B	$11.9B	$11.5B	$10.8B	$11.0B
Assets - OperatingLeaseRightOfUseAssets	$8.5B	$9.2B	$9.8B	$10.2B	$10.0B
Assets - DeferredTaxAssets	$22.9B	$23.6B	$23.5B	$20.6B	$20.0B
Assets - OtherAssets	$162.1B	$160.9B	$150.8B	$163.9B	$135.2B
Assets - TotalAssets	$3.3T	$3.2T	$3.1T	$3.2T	$2.8T
Liabilities - Deposits	$2.0T	$1.9T	$1.9T	$2.1T	$1.8T
Liabilities - InterestBearingDeposits	$264.1B	$305.2B	$199.9B	$319.0B	$344.0B
Liabilities - TimeDeposits	$212.4B	$165.1B	$49.8B	$48.1B	$55.9B
Liabilities - FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	$331.8B	$283.9B	$195.6B	$192.3B	$170.3B
Liabilities - ShortTermBorrowings	$43.4B	$32.1B	$26.9B	$23.8B	$19.3B
Liabilities - TradingLiabilities	$92.5B	$95.5B	$80.4B	$100.7B	$71.3B
Liabilities - LongTermDebt	$283.3B	$302.2B	$276.0B	$280.1B	$262.9B
Liabilities - DerivativeLiabilities	$39.4B	$43.4B	$44.8B	$37.7B	$45.5B
Liabilities - OffBalanceSheetCreditLossLiability	$1.1B	$1.2B	$1.5B	$1.5B	$1.9B
Liabilities - LossContingencyAccrual	$1.7B	$2.1B	—	—	—
Liabilities - OperatingLeaseLiability	$9.1B	$9.8B	$10.4B	$10.9B	$10.5B
Liabilities - DeferredTaxLiabilities	$8.9B	$9.3B	$10.2B	$11.5B	$12.6B
Liabilities - TotalLiabilities	$3.0T	$2.9T	$2.8T	$2.9T	$2.5T
Equity - PreferredStock	$103.9M	$104.1M	$104.1M	$103.9M	$103.9M
Equity - CommonStock	$45.3B	$56.4B	$59.0B	$62.4B	$86.0B
Equity - RetainedEarnings	$242.3B	$224.7B	$207.0B	$188.1B	$164.1B
Equity - AccumulatedOtherComprehensiveIncome(loss)	$-15.3B	$-17.8B	$-21.2B	$-5.1B	$-1.7B
Equity - Total Stockholders' Equity	$295.6B	$291.6B	$273.2B	$270.1B	$272.9B
Equity - Total Liabilities and Stockholders' Equity	$3.3T	$3.2T	$3.1T	$3.2T	$2.8T

Income Statement 35 Accounts • 5 Years

Account	2024	2023	2022	2021	2020
end	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
IncomeStatement - InterestIncome - InterestIncome	$146.6B	$130.3B	$72.6B	$47.7B	$51.6B
IncomeStatement - InterestIncome - InterestAndFeeIncomeOnLoans	$62.0B	$57.1B	$37.9B	$29.3B	$34.0B
IncomeStatement - InterestIncome - InterestIncomeOnFederalFundsSold	$19.9B	$18.7B	$4.6B	$-90.0M	$903.0M
IncomeStatement - InterestIncome - OtherInterestIncome	$28.3B	$25.5B	$7.4B	$2.3B	$2.7B
IncomeStatement - InterestExpense - InterestExpense	$90.5B	$73.3B	$20.1B	$4.7B	$8.2B
IncomeStatement - InterestExpense - InterestExpenseOnDeposits	$38.4B	$26.2B	$4.7B	$537.0M	$1.9B
IncomeStatement - InterestExpense - InterestExpenseOnLongTermDebt	$15.4B	$14.6B	$6.9B	$3.4B	$4.3B
IncomeStatement - InterestExpense - InterestExpenseOnShortTermBorrowings	$34.5B	$30.6B	$7.0B	$-358.0M	$987.0M
IncomeStatement - InterestExpense - InterestExpenseOnTradingLiabilities	$2.2B	$2.0B	$1.5B	$1.1B	$974.0M
IncomeStatement - NetInterestIncome - NetInterestIncome	$56.1B	$56.9B	$52.5B	$42.9B	$43.4B
IncomeStatement - NoninterestIncome - NoninterestIncome	$45.8B	$41.6B	$42.5B	$46.2B	$42.2B
IncomeStatement - NoninterestIncome - TradingGains(losses)	$13.0B	$12.7B	$12.1B	$8.7B	$8.4B
IncomeStatement - NoninterestIncome - Gains(losses)OnInvestments	$69.0M	$623.0M	$2.5B	$76.0M	$435.0M
IncomeStatement - NoninterestIncome - LeaseIncome	$2.0B	$1.7B	$1.5B	$1.5B	$1.6B
IncomeStatement - NoninterestIncome - OtherNoninterestIncome	$-3.4B	$-3.1B	$-2.8B	$-1.8B	$-738.0M
IncomeStatement - NoninterestExpense - NoninterestExpense	$66.8B	$65.8B	$61.4B	$59.7B	$55.2B
IncomeStatement - NoninterestExpense - CompensationAndBenefits	$40.2B	$38.3B	$36.4B	$36.1B	$32.7B
IncomeStatement - NoninterestExpense - OccupancyExpense	$7.3B	$7.2B	$7.1B	$7.1B	$7.1B
IncomeStatement - NoninterestExpense - ProfessionalAndContractServices	$2.7B	$2.2B	$2.1B	$1.8B	$1.7B
IncomeStatement - NoninterestExpense - MarketingAndAdvertising	$2.0B	$1.9B	$1.8B	$1.9B	$1.7B
IncomeStatement - NoninterestExpense - TechnologyAndDataProcessing	$7.2B	$6.7B	$6.3B	$5.8B	$5.2B
IncomeStatement - NoninterestExpense - LeaseExpense	$2.0B	$2.0B	$2.0B	$2.0B	$2.1B
IncomeStatement - NoninterestExpense - DepreciationAndAmortization	$2.2B	$2.1B	$2.0B	$1.9B	$1.8B
IncomeStatement - NoninterestExpense - LitigationSettlementExpense	$266.0M	$519.0M	$1.2B	$164.0M	$823.0M
IncomeStatement - NoninterestExpense - OtherNoninterestExpense	$26.6B	$27.5B	$25.0B	$3.1B	$3.3B
IncomeStatement - IncomeBeforeTaxes - IncomeBeforeIncomeTaxes	$29.3B	$28.3B	$31.0B	$34.0B	$19.0B
IncomeStatement - IncomeTax - IncomeTaxExpense	$2.1B	$1.8B	$3.4B	$2.0B	$1.1B
IncomeStatement - IncomeTax - CurrentIncomeTaxExpense	$3.9B	$3.8B	$2.7B	$2.8B	$2.8B
IncomeStatement - IncomeTax - DeferredIncomeTaxExpense	$-1.7B	$-2.0B	$739.0M	$-838.0M	$-1.7B
IncomeStatement - NetIncome - NetIncome	$27.1B	$26.5B	$27.5B	$32.0B	$17.9B
IncomeStatement - NetIncome - NetIncomeAvailableToCommonStockholders	$25.5B	$24.9B	$26.0B	$30.6B	$16.5B
IncomeStatement - EarningsPerShare - BasicEarningsPerShare	$3	$3	$3	$4	$2
IncomeStatement - EarningsPerShare - DilutedEarningsPerShare	$3	$3	$3	$4	$2
IncomeStatement - ComprehensiveIncome - ComprehensiveIncome	$29.6B	$29.9B	$11.5B	$28.5B	$22.9B

Cash Flow Statement 27 Accounts • 5 Years

Account	2024	2023	2022	2021	2020
end	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
CashFlow - OperatingActivities - NetIncome	$27.1B	$26.5B	$27.5B	$32.0B	$17.9B
CashFlow - OperatingActivities - DepreciationAndAmortization	$2.2B	$2.1B	$2.0B	$1.9B	$1.8B
CashFlow - OperatingActivities - DeferredIncomeTaxes	$-1.7B	$-2.0B	$739.0M	$-838.0M	$-1.7B
CashFlow - OperatingActivities - ShareBasedCompensation	$3.4B	$2.9B	$2.9B	$2.8B	$2.0B
CashFlow - OperatingActivities - NetIncrease(decrease)InDeposits	$41.6B	$-6.5B	$-134.2B	$269.0B	$360.7B
CashFlow - OperatingActivities - ChangeInOtherOperatingAssetsAndLiabilities,Net	$4.5B	$23.9B	$-20.8B	$34.5B	$12.9B
CashFlow - OperatingActivities - NetCashProvidedByOperatingActivities	$-8.8B	$45.0B	$-6.3B	$-7.2B	$38.0B
CashFlow - InvestingActivities - PurchasesOfInvestments	$0	$98.0M	$24.1B	$362.7B	$257.5B
CashFlow - InvestingActivities - OtherInvestingActivities	$4.1B	$5.3B	$4.6B	$3.5B	$3.5B
CashFlow - InvestingActivities - NetCashUsedInInvestingActivities	$-90.7B	$-35.4B	$-2.5B	$-313.3B	$-177.7B
CashFlow - FinancingActivities - NetIncrease(decrease)InDeposits	$41.6B	$-6.5B	$-134.2B	$269.0B	$360.7B
CashFlow - FinancingActivities - ProceedsFromIssuanceOfLongTermDebt	$56.7B	$65.4B	$65.9B	$76.7B	$57.0B
CashFlow - FinancingActivities - RepaymentOfLongTermDebt	$70.4B	$44.6B	$34.1B	$46.8B	$47.9B
CashFlow - FinancingActivities - ProceedsFromIssuanceOfPreferredStock	$0	$0	$4.4B	$2.2B	$2.2B
CashFlow - FinancingActivities - PaymentsForRepurchaseOfCommonStock	$13.1B	$4.6B	$5.1B	$25.1B	$7.0B
CashFlow - FinancingActivities - PaymentsOfDividends	$1.6B	$1.6B	$1.6B	$1.4B	$1.4B
CashFlow - FinancingActivities - OtherFinancingActivities	$-127.0M	$-717.0M	$-312.0M	$-620.0M	$-601.0M
CashFlow - FinancingActivities - NetCashProvidedByFinancingActivities	$60.4B	$93.3B	$-106.0B	$291.6B	$355.8B
CashFlow - CashReconciliation - EffectOfExchangeRateChanges	$-3.8B	$-70.0M	$-3.1B	$-3.4B	$2.8B
CashFlow - CashReconciliation - NetIncrease/decreaseInCashAndCashEquivalents	$-43.0B	$102.9B	$-118.0B	$-32.2B	$218.9B
CashFlow - CashReconciliation - CashAndCashEquivalents,BeginningOfPeriod	$290.1B	$333.1B	$230.2B	$348.2B	$380.5B
CashFlow - CashReconciliation - CashAndCashEquivalents,EndOfPeriod	$290.1B	$333.1B	$230.2B	$348.2B	$380.5B
CashFlow - SupplementalDisclosure - InterestPaid	$89.7B	$69.6B	$18.5B	$4.5B	$8.7B
CashFlow - SupplementalDisclosure - IncomeTaxesPaid	$3.8B	$3.4B	$2.3B	$2.8B	$2.9B
CashFlow - SupplementalDisclosure - SecuritiesReceivedAsCollateral	$14.2B	$13.0B	$7.4B	$10.6B	$16.6B
CashFlow - SupplementalDisclosure - SecuritiesPaidAsCollateral	$18.1B	$15.5B	$18.5B	$11.8B	$16.1B

Bank of America

Balance Sheet 39 Accounts • 5 Years

Income Statement 35 Accounts • 5 Years

Cash Flow Statement 27 Accounts • 5 Years

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