Bank of America Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 14,158 million compared to USD 12,444 million a year ago. Net income was USD 7,408 million compared to USD 6,247 million a year ago. Basic earnings per share from continuing operations was USD 0.88 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 0.88 compared to USD 0.73 a year ago.For the six months, net interest income was USD 28,606 million compared to USD 24,016 million a year ago. Net income was USD 15,569 million compared to USD 13,314 million a year ago. Basic earnings per share from continuing operations was USD 1.83 compared to USD 1.54 a year ago. Diluted earnings per share from continuing operations was USD 1.82 compared to USD 1.53 a year ago.
TTM
Trailing Twelve Months
MRQ
Most Recent Quarter
BAC
Gross margin TTM -
Operating margin TTM 34.55%
Net Profit margin TTM 30.88%
Return on Investment TTM 3.27%
Total Revenue
Net Income
Title
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Sep 30, 2022
Total Revenue 24,072 25,327 23,440 23,604
Gross Profit 24,072 25,327 23,440 23,604
Operating Income 8,034 9,089 7,897 8,301
Net Income 7,408 8,161 7,132 7,082
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BAC
Quick Ratio MRQ 0.34
Current Ratio MRQ -
LT Debt to Equity MRQ 109.11%
Total Debt to Equity MRQ 266.43%
Total Assets
Total Liabilities
Title
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Sep 30, 2022
Total Assets 3,122,633 3,194,657 3,051,375 3,072,953
Total Liabilities 2,839,314 2,914,461 2,778,178 2,803,429
Total Equity 283,319 280,196 273,197 269,524
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BAC
Cash Flow/Share TTM 5.6
Revenue/Share TTM 12.1
Operating Cash Flow 0.00%
Cash
Net Change in Cash
Title
Jun 30, 2023
Mar 31, 2023
Dec 31, 2022
Sep 30, 2022
Cash From Operating Activities -11,300 30,998 13,154
Cash From Investing Activities 30,846 14,380 34,761
Cash From Financing Activities 126,121 -24,385 -37,889
Net Change in Cash 146,015 25,227 6,974
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* In Millions of USD (except for per share items)

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