Name | Value |
---|---|
Revenues | 22.5B |
Cost of Revenue | 0.0B |
Gross Profit | 0.0B |
Operating Expense | 13.9B |
Operating I/L | 8.5B |
Other Income/Expense | -5.4B |
Interest Income | 35.6B |
Pretax | 3.1B |
Income Tax Expense | 0.0B |
Net Income/Loss | 3.1B |
Bank of America Corporation, through its subsidiaries, provides a wide range of banking and financial products and services to individual consumers, businesses, institutional investors, corporations, and governments globally. Its offerings include savings and investment accounts, credit and debit cards, residential mortgages, wealth management solutions, investment management, brokerage, banking, trust and retirement products, lending products, treasury solutions, market-making, financing, securities clearing, settlement, custody services, and risk management products. The company generates revenue through interest income from loans and investments, fees from banking and wealth management services, as well as trading and market-making activities in the global markets segment.