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Bank of America Corporation (NYSE:BAC)
Cash from Financing
$39,455 Mil (TTM As of Mar. 2016)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Mar. 2016, Bank of America Corporation paid $1,000 Mil more to buy back shares than it received from issuing new shares. It spent $5,361 Mil paying down its debt. It received $2,069 Mil more from issuing preferred shares than it paid to buy back preferred shares. It spent $974 Mil paying cash dividends to shareholders. It received $34,648 Mil on other financial activities. In all, Bank of America Corporation earned $29,382 Mil on financial activities for the three months ended in Mar. 2016.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Bank of America Corporation's Cash from Financing for the fiscal year that ended in Dec. 2015 is calculated as:

Cash from Financing(A: Dec. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-2374+231+2964+-3574+51338
=48,585

Bank of America Corporation's Cash from Financing for the quarter that ended in Mar. 2016 is

Cash from Financing(Q: Mar. 2016 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-1000+-5361+2069+-974+34648
=29,382

Bank of America Corporation Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2016 was 17830 (Jun. 2015 ) + -13938 (Sep. 2015 ) + 6181 (Dec. 2015 ) + 29382 (Mar. 2016 ) = $39,455 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Bank of America Corporation's net issuance of stock for the three months ended in Mar. 2016 was $-1,000 Mil. Bank of America Corporation paid $1,000 Mil more to buy back shares than it received from issuing new shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Bank of America Corporation's net issuance of debt for the three months ended in Mar. 2016 was $-5,361 Mil. Bank of America Corporation spent $5,361 Mil paying down its debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Bank of America Corporation's net issuance of preferred for the three months ended in Mar. 2016 was $2,069 Mil. Bank of America Corporation received $2,069 Mil more from issuing preferred shares than it paid to buy back preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Bank of America Corporation's cash flow for dividends for the three months ended in Mar. 2016 was $-974 Mil. Bank of America Corporation spent $974 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Bank of America Corporation's other financing for the three months ended in Mar. 2016 was $34,648 Mil. Bank of America Corporation received $34,648 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of America Corporation Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Net Issuance of Stock -8,662-2,67210,12713,468000-3,220-1,675-2,374
Net Issuance of Debt 32,95169,820-58,852-159,889-90,402-100,077-107,206-3,935-17,003231
Net Issuance of Preferred 2,5801,55834,7424,24405,000667-5,4535,9572,964
Dividends -9,661-10,878-11,528-4,863-1,762-1,738-1,909-1,677-2,306-3,574
Other Financing 35,92545,58414,816-52,52826,777-7,881150,864-81,1572,82651,338
Cash from Financing 53,133103,412-10,695-199,568-65,387-104,69642,416-95,442-12,20148,585

Bank of America Corporation Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Net Issuance of Stock -1,442-233000-775-800-799-1,0000
Net Issuance of Debt 9,400-5,608-14,222-6,573-32613,876-10,831-2,488-5,3610
Net Issuance of Preferred 01,4943,0671,3962,9640002,0690
Dividends -344-360-765-837-846-917-961-850-9740
Other Financing 19,40315,386-22,263-9,70036,7205,646-1,34610,31834,6480
Cash from Financing 27,01710,679-34,183-15,71438,51217,830-13,9386,18129,3820
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