Name | Value |
---|---|
Revenues | 23.8B |
Cost of Revenue | 12.6B |
Gross Profit | 11.2B |
Operating Expense | 14.8B |
Operating I/L | 9.0B |
Other Income/Expense | -1.7B |
Interest Income | 37.5B |
Pretax | 7.3B |
Income Tax Expense | 0.4B |
Net Income/Loss | 6.9B |
Bank of America Corporation, through its subsidiaries, provides a wide range of banking and financial products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments globally. The company's offerings include traditional and money market savings accounts, certificates of deposit, IRAs, checking accounts, credit and debit cards, residential mortgages, home equity loans, investment management, brokerage, banking, trust and retirement products, lending products, treasury solutions, market-making, financing, securities clearing, settlement, custody services, and risk management products using various derivatives and fixed-income products.