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GuruFocus has detected 3 Warning Signs with Bank of America Corporation $BAC.
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Bank of America Corporation (NYSE:BAC)
Net Income From Continuing Operations
$20,082 Mil (TTM As of Mar. 2017)

Net Income From 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 from continuing operations for the three months ended in Mar. 2017 was $4,856 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Mar. 2017 was $20,082 Mil.


Definition

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

Bank of America Corporation Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Mar. 2017 was 4232 (Jun. 2016 ) + 6298 (Sep. 2016 ) + 4696 (Dec. 2016 ) + 4856 (Mar. 2017 ) = $20,082 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
NetIncomeFromContinuingOperations 14,9824,0086,276-2,2381,4464,18811,4314,83315,88817,906

Bank of America Corporation Quarterly Data

Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17Jun17
NetIncomeFromContinuingOperations 3,3575,3204,5082,7032,6804,2326,2984,6964,8565,269
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