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Bank of America Corporation (NYSE:BAC)
Earnings per share without Non-Recurring Items (NRI)
$0.35 (TTM As of Dec. 2014)

Bank of America Corporation's earnings per share without non-recurring items for the three months ended in Dec. 2014 was $0.26. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2014 was $0.35.

During the past 12 months, Bank of America Corporation's average earnings per share (NRI) Growth Rate was -60.20% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 230.20% per year.

BAC' s 10-Year Earnings per share without Non-Recurring Items Growth(%) Range
Min: -73.7   Max: 230.2
Current: 230.2

-73.7
230.2

During the past 13 years, Bank of America Corporation's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 230.20% per year. The lowest was -73.70% per year. And the median was 8.70% per year.

BAC's Earnings per share without Non-Recurring Items Growth(%)is ranked lower than
113% of the 1543 Companies
in the Global Banks - Global industry.

( Industry Median: 8.70 vs. BAC: 230.20 )

Bank of America Corporation's diluted earnings per share (Diluted EPS) for the three months ended in Dec. 2014 was $0.26. Its diluted earnings per share (Diluted EPS) for the trailing twelve months (TTM) ended in Dec. 2014 was $0.36.

Bank of America Corporation's basic earnings per share (Basic EPS) for the three months ended in Dec. 2014 was $0.26. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Dec. 2014 was $0.36.


Definition

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company’s stock. In calculating earnings per share without non-recurring items, the dividends of preferred stocks and non-recurring items need to subtracted from the total net income first.

Bank of America Corporation Earnings per share without Non-Recurring Items (NRI) for the trailing twelve months (TTM) ended in Dec. 2014 was -0.05 (Mar. 2014 ) + 0.18 (Jun. 2014 ) + -0.04 (Sep. 2014 ) + 0.26 (Dec. 2014 ) = $0.35

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


Explanation

A non-recurring item refers to an entry that appears on a company's financial statements that is unlikely to happen again. It represents a one-time expense involving an unpredictable event and is not part of a firm's normal, day-to-day operations.


Be Aware

Compared with Earnings per share, a company’s cash flow is better indicator of the company’s earnings power.

If a company’s earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Related Terms

Non-Recurring Items, Diluted Earnings Per Share (Diluted EPS), Basic Earnings Per Share (Basic EPS)


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
eps_nri 4.044.593.300.55-0.29-0.370.010.250.880.36

Bank of America Corporation Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
eps_nri 0.000.030.100.310.190.28-0.050.18-0.040.26
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