#1
June 4th, 2016, 09:18 AM
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Bank Of America 4th Qtr Earnings
Hello sir will you please show me 4th Qtr earning of Bank of America? I want to know the last year Bank Of America 4th Qtr Earnings?
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#2
June 4th, 2016, 09:20 AM
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Re: Bank Of America 4th Qtr Earnings
Here I’m giving you detail of Bank Of America 4th Qtr Earnings of 2015 year: Net income up 9% to $3.3B; earnings per diluted share $0.28, compared to $0.25 Summary Average Balance Sheet: Total debt securities $ 390,884 $ 351,702 $ 399,423 $ 394,420 $ 371,014 Total loans and leases 882,183 903,901 891,861 882,841 884,733 Total earning assets 1,830,342 1,814,930 1,852,958 1,847,396 1,802,121 Total assets 2,160,141 2,145,590 2,180,472 2,168,993 2,137,551 Total deposits 1,155,860 1,124,207 1,186,051 1,159,231 1,122,514 Common shareholders’ equity 230,182 223,072 234,851 231,620 224,479 Total shareholders’ equity 251,990 238,482 257,125 253,893 243,454 Consumer Banking: Financial Results Revenue up $33MM to $7.8B NII benefited from higher deposits and loans Noninterest income down, due primarily to lower mortgage banking income Noninterest expense down $76MM, due primarily to lower operating expenses; efficiency ratio improved to 56% from 57% Net income up 9% to $1.8B Three months ended 1($ in millions) 12/31/2015 9/30/2015 12/31/2014 Net interest income (FTE) $ 5,059 $ 5,004 $ 4,967 Noninterest income 2,733 2,828 2,792 Total revenue (FTE)2 7,792 7,832 7,759 Provision for credit losses 654 648 653 Noninterest expense 4,343 4,435 4,419 Net income $ 1,799 $ 1,759 $ 1,654 You can get detail of Bank Of America 4th Qtr Earnings: |