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  #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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Join Date: Mar 2012
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:



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