BANK OF AMERICA CORP /DE/ company info

CIK 70858
IRS Number 560906609
State of incorporation DE
Business address BANK OF AMERICA CORPORATE CENTER
100 N TRYON ST
CHARLOTTE
NC
28255
Mail address BANK OF AMERICA CORPORATE CENTER
100 N TRYON ST
CHARLOTTE
NC
28255

Short summary

BANK OF AMERICA CORP /DE/ is a North Carolina company, with head office located at Bank Of America Corporate Center Charlotte, North Carolina 28255. In 2018 the company owned a total of 2,338,833,000,000.00 USD worth of assets. 2009 was the year when the company amassed the most assets.

BANK OF AMERICA CORP /DE/ Income Statement

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Interest expense 52,86340,32430,80723,97421,62016,74412,75510,93410,5499,96112,912
Income Tax Expense (Benefit) 5,942420-1,916915-1,676-1,1164,7412,0226,2777,24710,981
Net income 14,9824,0086,276-2,2381,4464,18811,4314,83315,83617,90618,232

BANK OF AMERICA CORP /DE/ Balance Sheet

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 36,42939,127140,366151,034119,527123,71798,828152,899163,514171,207158,704171,199184,858
Collateral Already Posted, Aggregate Fair Value 74,50058,50082,80063,40052,200
Goodwill 86,24685,80171,07469,97669,93069,81069,77569,74468,96968,95168,951
Intangible Assets, Net (Excluding Goodwill) 13,24510,7969,9237,3356,1045,0993,7683,168
Total assets 2,254,3942,368,3842,261,3192,160,8542,123,3202,170,5572,149,0342,186,6092,254,5292,291,6702,338,833
Long-term Debt 447,187490,083448,431301,848262,480257,071243,414229,617223,923226,595234,100
Total liabilities 1,999,2422,130,7042,036,6611,924,8791,892,2881,933,1461,897,3751,919,5401,983,5422,027,4542,076,675
Retained Earnings (Accumulated Deficit) 79,21070,49760,84962,71267,30873,80881,93893,623109,628125,546130,747
Accumulated Other Comprehensive Income (Loss), Net of Tax 1,129-11,227-4,447793-3,500-7,709-4,711-5,190-1,328-6,605-13,333-14,836

BANK OF AMERICA CORP /DE/ Cash Flow

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Net income 14,9824,0086,276-2,2381,4464,18811,4314,83315,83617,90618,232
Amortization of Intangible Assets 1,6761,8341,9781,7311,5091,2641,086936834730621
Deferred Income Tax Expense (Benefit) -753-5,801370608-1,949-2,7353,2627262,9675,8418,175
Net Cash Provided by (Used in) Operating Activities 11,0364,034129,73182,59464,448-13,85892,817
Net Cash Provided by (Used in) Investing Activities -108,480-2,930157,925-30,34752,429-37,17725,058
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -34,97925,058-4,204-55,571-63,143-52,007
Proceeds from Issuance of Long-term Debt 67,37043,78267,74452,21526,00122,20045,65851,57343,67035,53753,486
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 371-160-421,108932
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 371-160-421,108932
Proceeds from Issuance of Common Stock 1,11810,12713,46800
Payments for Repurchase of Common Stock 3,7900003,2201,6752,3745,11212,814
Net Cash Provided by (Used in) Financing Activities 103,412-10,695-199,568-65,387-104,65442,416-95,442
Cash and Cash Equivalents, Period Increase (Decrease) 6,102-9,67488,482-12,91211,675-9,35020,5707,26720,764-11,6159,696