Bank of America Balance Sheet 31-Dec BẠC 2019 BẠC 2018 Dollarr in the millions Bank of America Income BẠC 2019 BAC 2018 Statement Net interest income 48,891 48,162 Noninterest income 42,353 42,858 Total Revenue, net of interest 91,244 91,020 100% exp Provisions for credit losess 3,590 3,282 Noninterest exp 54,900 53,154 Income before Income taxes 32,754 34,584 Income tax expense 5,324 6,437 Net Income 27,430 28,147 Preferred Stock Dividends 1,432 1,451 Net income applicable to 25,998 26,696 common shareholders Per common share info Earnings Diluted earnings Dividends paid 2.77 2.64 2.75 2.61 0.66 0.54

Bank of America Balance Sheet 31-Dec BẠC 2019 BẠC 2018 Dollarr in the millions Bank of America Income BẠC 2019 BAC 2018 Statement Net interest income 48,891 48,162 Noninterest income 42,353 42,858 Total Revenue, net of interest 91,244 91,020 100% exp Provisions for credit losess 3,590 3,282 Noninterest exp 54,900 53,154 Income before Income taxes 32,754 34,584 Income tax expense 5,324 6,437 Net Income 27,430 28,147 Preferred Stock Dividends 1,432 1,451 Net income applicable to 25,998 26,696 common shareholders Per common share info Earnings Diluted earnings Dividends paid 2.77 2.64 2.75 2.61 0.66 0.54

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

100%

Hello-

Is there a way to get Times inteset earned using the attached data.

Please advise.

Thanks,

Ityla Lungu

773.780.7930

Bank of America Balance Sheet
31-Dec
BẠC 2019
BẠC 2018
Dollarr in the millions
Bank of America Income
BẠC 2019
BAC 2018
Statement
Net interest income
48,891
48,162
Noninterest income
42,353
42,858
Total Revenue, net of interest
91,244
91,020
100%
exp
Provisions for credit losess
3,590
3,282
Noninterest exp
54,900
53,154
Income before Income taxes
32,754
34,584
Income tax expense
5,324
6,437
Net Income
27,430
28,147
Preferred Stock Dividends
1,432
1,451
Net income applicable to
25,998
26,696
common shareholders
Per common share info
Earnings
Diluted earnings
Dividends paid
2.77
2.64
2.75
2.61
0.66
0.54

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