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Wednesday, January 23, 2008, 8:57AM ET - U.S. Markets open in 33 minutes. Dow Down 1.06% Nasdaq  0.00%
Bank of America Corporation (BAC)On Jan 22: 37.39   0.00 (0.00%)  
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HereIncome Statement
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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Sep-0730-Jun-0731-Mar-0731-Dec-06
Total Revenue29,347,000  32,471,000  30,385,000  30,357,000  
Cost of Revenue4,545,000  4,261,000  4,034,000  3,989,000  
Gross Profit24,802,000  28,210,000  26,351,000  26,368,000  
Operating Expenses
Research Development -   -   -   -  
Selling General and Administrative8,030,000  8,627,000  8,597,000  8,416,000  
Non Recurring84,000  75,000  111,000  244,000  
Others2,459,000  2,263,000  1,562,000  1,982,000  
Total Operating Expenses -   -   -   -  
Operating Income or Loss14,229,000  17,245,000  16,081,000  15,726,000  
Income from Continuing Operations
Total Other Income/Expenses Net -   -   -   -  
Earnings Before Interest And Taxes13,869,000  17,605,000  16,081,000  15,726,000  
Interest Expense8,873,000  8,585,000  8,258,000  7,903,000  
Income Before Tax4,996,000  9,020,000  7,823,000  7,823,000  
Income Tax Expense1,658,000  2,899,000  2,568,000  2,567,000  
Minority Interest -   -   -   -  
Net Income From Continuing Ops3,698,000  5,761,000  5,255,000  5,256,000  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income3,698,000  5,761,000  5,255,000  5,256,000  
Preferred Stock And Other Adjustments(43,000)(40,000)(46,000)9,000  
Net Income Applicable To Common Shares$3,655,000  $5,721,000  $5,209,000  $5,265,000  

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