Switch to:
GuruFocus has detected 4 Warning Signs with Bank of America Corporation $BAC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Bank of America Corporation (NYSE:BAC)
Net Interest Income
$40,764 Mil (TTM As of Mar. 2017)

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 Mar. 2017 was $11,058 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2017 was $40,764 Mil.

Bank of America Corporation's quarterly net interest income increased from Sep. 2016 ($10,201 Mil) to Dec. 2016 ($10,292 Mil) and increased from Dec. 2016 ($10,292 Mil) to Mar. 2017 ($11,058 Mil).

Bank of America Corporation's annual net interest income declined from Dec. 2014 ($40,779 Mil) to Dec. 2015 ($38,958 Mil) but then increased from Dec. 2015 ($38,958 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 Mar. 2017 was 9213 (Jun. 2016 ) + 10201 (Sep. 2016 ) + 10292 (Dec. 2016 ) + 11058 (Mar. 2017 ) = $40,764 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 34,44145,36047,10951,52344,61640,65642,26540,77938,95841,096

Bank of America Corporation Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_NetInterestIncome 10,4629,41110,4619,9009,75610,4859,21310,20110,29211,058
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK