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GuruFocus has detected 4 Warning Signs with Bank of America Corporation $BAC.
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Bank of America Corporation (NYSE:BAC)
Other Noninterest Expense
$8,543 Mil (TTM As of Dec. 2016)

Bank of America Corporation's other noninterest expense for the three months ended in Dec. 2016 was $2,130 Mil. Its other noninterest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $8,543 Mil.


Definition

GuruFocus uses a standardized financial statement format for all companies. For banks, GuruFocus lists Selling, General, & Admin. Expense, Other Noninterest Expense, and Credit Losses Provision under the "Total Noninterest Expenses" and "Provision for Credit Losses" sections.

Other Noninterest Expense incurred by banks sometimes includes:
• Occupancy
• Equipment
• Professional fees
• Amortization of intangibles
• Brokerage, clearing, exchange and distribution fees
• Other (too numerous to list)

Some banks can and do choose to report each of these items separately. Yet, there are a variety of other noninterest expense which are simply too numerous to list.

Bank of America Corporation Other Noninterest Expense for the trailing twelve months (TTM) ended in Dec. 2016 was 2103 (Mar. 2016 ) + 2145 (Jun. 2016 ) + 2165 (Sep. 2016 ) + 2130 (Dec. 2016 ) = $8,543 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_otherExpense_bank 7,68920,79014,34125,81415,80011,67710,5919,7939,2308,543

Bank of America Corporation Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_otherExpense_bank 2,4322,1732,2332,4072,4172,1032,1452,1652,1302,056
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