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GuruFocus has detected 2 Warning Signs with Bank of America Corporation $BAC.
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Bank of America Corporation (NYSE:BAC)
Net Interest Income
$38,877 Mil (TTM As of Dec. 2016)

Net interest income is the income earned by banks from the fund they have on their balance sheet. Bank of America Corporation's net interest income for the three months ended in Dec. 2016 was $10,292 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2016 was $38,877 Mil.

Bank of America Corporation's quarterly net interest income increased from Jun. 2016 ($9,213 Mil) to Sep. 2016 ($10,201 Mil) and increased from Sep. 2016 ($10,201 Mil) to Dec. 2016 ($10,292 Mil).

Bank of America Corporation's annual net interest income declined from Dec. 2014 ($39,952 Mil) to Dec. 2015 ($39,251 Mil) but then increased from Dec. 2015 ($39,251 Mil) to Dec. 2016 ($41,096 Mil).


Definition

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Bank of America Corporation Net Interest Income for the trailing twelve months (TTM) ended in Dec. 2016 was 9171 (Mar. 2016 ) + 9213 (Jun. 2016 ) + 10201 (Sep. 2016 ) + 10292 (Dec. 2016 ) = $38,877 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bank of America Corporation Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_NetInterestIncome 34,44145,36047,10951,52344,61640,65642,26539,95239,25141,096

Bank of America Corporation Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_NetInterestIncome 9,6359,45110,4889,5119,7569,1719,21310,20110,29211,058
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