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Bank of America Corporation (NYSE:BAC)
Net Income (Continuing Operations)
$8,466 Mil (TTM As of Mar. 2015)

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Bank of America Corporation's net income (continuing operations) for the three months ended in Mar. 2015 was $3,357 Mil. Its net income (continuing operations) for the trailing twelve months (TTM) ended in Mar. 2015 was $8,466 Mil.


Definition

It indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Bank of America Corporation Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2015 was 2291 (Jun. 2014 ) + -232 (Sep. 2014 ) + 3050 (Dec. 2014 ) + 3357 (Mar. 2015 ) = $8,466 Mil.

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


Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.


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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Income (Continuing Operations) 16,46521,13314,9824,0086,276-2,2381,4464,18811,4314,833

Bank of America Corporation Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Income (Continuing Operations) 7321,4834,0122,4973,439-2762,291-2323,0503,357
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