Bank of America Corp (BAC)

24.02 +1.25  +5.49% NYSE Jul 10, 20:00 Delayed 2m USD

Bank of America Net Income (Annual):

27.43B for Dec. 31, 2019
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Historical Net Income (Annual) Data

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Export Data Date Range:
Data for this Date Range  
Dec. 31, 2019 27.43B
Dec. 31, 2018 28.15B
Dec. 31, 2017 18.23B
Dec. 31, 2016 17.82B
Dec. 31, 2015 15.91B
Dec. 31, 2014 5.52B
Dec. 31, 2013 11.43B
Dec. 31, 2012 4.188B
Dec. 31, 2011 1.446B
Dec. 31, 2010 -2.238B
Dec. 31, 2009 6.276B
Dec. 31, 2008 4.008B
Dec. 31, 2007 14.98B
Dec. 31, 2006 21.13B
   
Dec. 31, 2005 16.46B
Dec. 31, 2004 13.95B
Dec. 31, 2003 10.81B
Dec. 31, 2002 9.249B
Dec. 31, 2001 6.792B
Dec. 31, 2000 7.517B
Dec. 31, 1999 7.882B
Dec. 31, 1998 5.165B
Dec. 31, 1997 6.542B
Dec. 31, 1996 5.813B
Dec. 31, 1995 1.95B
Dec. 31, 1994 1.69B
Dec. 31, 1993 1.501B
Dec. 31, 1992 1.145B

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Net Income Definition

Net Income is the total amount of profit earned by a company. This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. Eventually, all companies would want to have a consistent positive and growing net income, so that this can be used for various purposes like reinvesting into the company, paying off debt, and potentially paying out dividends to shareholders.

Read full definition.

Net Income (Annual) Benchmarks

Benchmarks
Truist Financial Corp 3.224B
Citigroup Inc 19.40B
JPMorgan Chase & Co 36.43B

Net Income (Annual) Range, Past 5 Years

Minimum 15.91B 2015
Maximum 28.15B 2018
Average 21.51B
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