Name | Value |
---|---|
Revenues | 25.3B |
Cost of Revenue | 0.0B |
Gross Profit | 0.0B |
Operating Expense | 14.4B |
Operating I/L | 10.9B |
Other Income/Expense | -1.8B |
Interest Income | 28.7B |
Pretax | 9.1B |
Income Tax Expense | 0.9B |
Net Income/Loss | 8.2B |
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. The company's 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. With a vast network of retail financial centers, ATMs, and digital banking platforms, the company serves approximately 67 million consumer and small business clients, generating revenue through interest income, fees, and commissions.