Bank of America Corp (BAC)
35.95
+0.16
(+0.45%)
USD |
NYSE |
Apr 15, 16:00
35.95
0.00 (0.00%)
After-Hours: 20:00
Bank of America Net Income (Quarterly): 3.144B for Dec. 31, 2023
Net Income (Quarterly) Chart
Historical Net Income (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 3.144B |
| September 30, 2023 | 7.802B |
| June 30, 2023 | 7.408B |
| March 31, 2023 | 8.161B |
| December 31, 2022 | 7.132B |
| September 30, 2022 | 7.082B |
| June 30, 2022 | 6.247B |
| March 31, 2022 | 7.067B |
| December 31, 2021 | 7.013B |
| September 30, 2021 | 7.691B |
| June 30, 2021 | 9.224B |
| March 31, 2021 | 8.05B |
| December 31, 2020 | 5.47B |
| September 30, 2020 | 4.881B |
| June 30, 2020 | 3.533B |
| March 31, 2020 | 4.01B |
| December 31, 2019 | 6.994B |
| September 30, 2019 | 5.777B |
| June 30, 2019 | 7.348B |
| March 31, 2019 | 7.311B |
| December 31, 2018 | 7.278B |
| September 30, 2018 | 7.167B |
| June 30, 2018 | 6.784B |
| March 31, 2018 | 6.918B |
| December 31, 2017 | 2.365B |
| Date | Value |
|---|---|
| September 30, 2017 | 5.424B |
| June 30, 2017 | 5.106B |
| March 31, 2017 | 5.337B |
| December 31, 2016 | 4.612B |
| September 30, 2016 | 4.955B |
| June 30, 2016 | 4.783B |
| March 31, 2016 | 3.472B |
| December 31, 2015 | 3.336B |
| September 30, 2015 | 4.619B |
| June 30, 2015 | 5.134B |
| March 31, 2015 | 3.097B |
| December 31, 2014 | 3.737B |
| September 30, 2014 | -232.00M |
| June 30, 2014 | 2.291B |
| March 31, 2014 | -276.00M |
| December 31, 2013 | 3.439B |
| September 30, 2013 | 2.497B |
| June 30, 2013 | 4.012B |
| March 31, 2013 | 1.483B |
| December 31, 2012 | 732.00M |
| September 30, 2012 | 340.00M |
| June 30, 2012 | 2.463B |
| March 31, 2012 | 653.00M |
| December 31, 2011 | 1.991B |
| September 30, 2011 | 6.232B |
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.
Net Income (Quarterly) Range, Past 5 Years
3.144B
Minimum
Dec 2023
9.224B
Maximum
Jun 2021
6.528B
Average
7.067B
Median
Mar 2022
Net Income (Quarterly) Benchmarks
| Citigroup Inc | 3.371B |
| JPMorgan Chase & Co | 13.42B |
| PNC Financial Services Group Inc | 864.00M |
| Wells Fargo & Co | 4.619B |
| U.S. Bancorp | 847.00M |
Net Income (Quarterly) Related Metrics
| Revenue (Quarterly) | 21.96B |
| EPS Diluted (Quarterly) | 0.35 |
| Enterprise Value | 37.04B |
| Profit Margin (Quarterly) | 14.32% |
| Earnings Yield | 8.54% |
| Normalized Earnings Yield | 8.542 |