Bank of America Corp.

BAC ·Financial, Banks - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2010 FY2009 FY2008 FY2007
Revenue $110.22B $119.64B $72.78B $66.83B
Consumer Banking
Global Wealth & Investment Management
Global Banking
Global Markets
All Other
FTE Adjustment
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $22.65B $35.17B $44.75B $73.79B
Operating Margin 20.6% 29.4% 61.5% 110.4%
Interest Expense $23.97B $30.81B $40.32B $52.86B
Pretax Income $-1.32B $4.36B $4.43B $20.92B
Income Tax Expense $915.0M $-1.92B $420.0M $5.94B
Net Income $-2.24B $6.28B $4.01B $14.98B
Net Margin -2.0% 5.2% 5.5% 22.4%
EPS (Basic) $-0.37 $-0.29 $0.54 $3.32
EPS (Diluted) $-0.37 $-0.29 $0.54 $3.29
Shares Outstanding (Basic) 9.79B 7.73B 4.59B 4.42B
Shares Outstanding (Diluted) 9.79B 7.73B 4.60B 4.46B
Dividends Per Share $0.04 $0.04 $2.24 $2.40
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