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Bank of America Corporation (BAC)

-NYSE

11.31 Up 0.17(1.53%) 11:22AM EST - Nasdaq Real Time Price

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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 30, 2011Dec 30, 2010Dec 30, 2009
Total Revenue 115,074,000   134,194,000   150,450,000  
Cost of Revenue5,214,000  6,568,000  9,882,000  
Gross Profit -   -   -  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative74,943,000  67,157,000  62,014,000  
Non Recurring3,822,000  14,220,000  2,721,000  
Others14,919,000  30,166,000  50,548,000  
Total Operating Expenses -   -   -  
Operating Income or Loss -   -   -  
Income from Continuing Operations
Total Other Income/Expenses Net -   -   -  
Earnings Before Interest And Taxes18,388,000  18,654,000  27,360,000  
Interest Expense16,406,000  17,406,000  20,925,000  
Income Before Tax(230,000)(1,323,000)4,360,000  
Income Tax Expense(1,676,000)915,000  (1,916,000)
Minority Interest -   -   -  
Net Income From Continuing Ops8,806,000  3,022,000  16,290,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 1,446,000   (2,238,000) 6,276,000  
Preferred Stock And Other Adjustments(1,361,000)(1,357,000)(8,480,000)
Net Income Applicable To Common Shares 85,000   (3,595,000) (2,204,000)

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