Bank of America Financial Statements
Bank of America Financial Information
| Company Type | Public Headquarters |
|---|---|
| Fiscal Year-End | December |
| Annual Report | Company Web Site |
| Investor Relations | Company Web Site |
Bank of America Income Statement
| 2007 | 2006 | 2005 | |
|---|---|---|---|
| Revenue ($ mil.) | 124,321.0 | 117,017.0 | 83,980.0 |
| Gross Profit ($ mil.) | 106,228.0 | 102,537.0 | 74,488.0 |
| Operating Income ($ mil.) | 55,702.0 | 61,487.0 | 42,877.0 |
| Total Net Income ($ mil.) | 14,982.0 | 21,133.0 | 16,465.0 |
| Diluted EPS (Net Income) | 3.30 | 4.59 | 4.04 |
Bank of America Quarterly Statements
| Quarter Ending Jun 08 | Quarter Ending Mar 08 | Quarter Ending Dec 07 | |
|---|---|---|---|
| Revenue ($ mil.) | 29,291.0 | 31,441.0 | 32,118.0 |
| Gross Profit ($ mil.) | 25,771.0 | 26,853.0 | 26,865.0 |
| Operating Income ($ mil.) | 10,807.0 | 9,078.0 | 8,147.0 |
| Total Net Income ($ mil.) | 3,410.0 | 1,210.0 | 268.0 |
| Diluted EPS (Net Income) | 0.72 | 0.23 | 0.05 |
Bank of America Financial Ratios
| Company | Industry Median |
Market Median1 |
|
|---|---|---|---|
| Price/Sales Ratio | 0.89 | 1.25 | 1.18 |
| Price/Earnings Ratio | 12.92 | 13.09 | 12.25 |
| Price/Book Ratio | 0.67 | 0.90 | 1.11 |
| Price/Cash Flow Ratio | 4.34 | 8.19 | 7.28 |
1 Public companies trading on the New York Stock Exchange, the American Stock Exchange, and the NASDAQ National Market.
Detailed Bank of America Financial Ratios
Bank of America Competitive Intelligence
| Citigroup | Wachovia Corp | |
|---|---|---|
| Annual Sales ($ mil.) | 159,229.0 | 56,662.0 |
| Employees | 387,000 | 120,000 |
| Market Cap ($ mil.) | 82,497.7 | 12,478.2 |
Competitive Landscape





