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)
EPS without NRI
$1.58 (TTM As of Mar. 2017)

Bank of America Corporation's earnings per share without non-recurring items for the three months ended in Mar. 2017 was $0.41. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $1.58.

During the past 12 months, Bank of America Corporation's average earnings per share (NRI) Growth Rate was 15.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 18.60% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 130.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

BAC' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -73.5   Max: 247.6
Current: 18.6

-73.5
247.6

During the past 13 years, Bank of America Corporation's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 247.60% per year. The lowest was -73.50% per year. And the median was 10.35% per year.

BAC's 3-Year EPS without NRI Growth Rate is ranked higher than
76% of the 1226 Companies
in the Global Banks - Global industry.

( Industry Median: 7.40 vs. BAC: 18.60 )

Bank of America Corporation's diluted earnings per share (Diluted EPS) for the three months ended in Mar. 2017 was $0.41. Its diluted earnings per share (Diluted EPS) for the trailing twelve months (TTM) ended in Mar. 2017 was $1.58.

Bank of America Corporation's basic earnings per share (Basic EPS) for the three months ended in Mar. 2017 was $0.43. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Mar. 2017 was $1.67.


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 Mar. 2017 was 0.36 (Jun. 2016 ) + 0.41 (Sep. 2016 ) + 0.4 (Dec. 2016 ) + 0.41 (Mar. 2017 ) = $1.58

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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), Growth Rate Calculation Example (GuruFocus)


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
eps_nri 3.290.54-0.29-0.370.010.250.900.421.311.50

Bank of America Corporation Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
eps_nri 0.320.250.430.380.280.280.360.410.400.41
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