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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