Bank of America Corporation

NYSE-BAC

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Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Income	29,646	27,132	26,515	27,528	31,978	17,894	27,430	28,147	18,232	17,822	15,910
Net Income
Depreciation & Amortization	2,279	2,189	2,057	1,978	1,898	1,843	1,729	2,063	2,103	2,241	2,389
Depreciation and Premises Improvements Amortization
Amortization of Intangibles
Depreciation and Amortization
Share-Based Compensation Expense	3,923	3,433	2,942	2,862	2,768	2,031	1,974	1,729	1,649	1,367	-89
Amortization of Stock-Based Compensation
Net Change in Loans Held-for-Sale	7,305	-4,321	641	6,705	-8,951	-608	1,317	901	-2,958	-519	-1,729
Originations and Purchases
Proceeds from Sales and Paydowns of Loans Originally Classified as Held-for-Sale
Proceeds from Sales and Paydowns of Loans Originally Classified as Held for Sale and Instruments from Related Securitization Activities
Loans Held-for-Sale
Proceeds from Sales, Securitizations and Paydowns of Loans Held-for-Sale
Other Adjustments	-1,372	-2,035	-2,003	2,779	4,977	1,953	6,356	4,711	10,171	8,437	4,442
Goodwill Impairment
Gains on Sales of Debt Securities
Fair Value Adjustments on Structured Liabilities
Net Accretion of Discount/Premium on Debt Securities
Deferred Income Taxes
Impairment of Equity Method Investment
Changes in Accrued Expenses	7,108	1,450	-17,719	23,029	16,639	-4,385	16,383	13,010	4,673	-35	730
Accrued Expenses and Other Liabilities
Changes in Other Operating Activities	11,068	-42,474	28,155	-73,751	-51,908	7,945	3,018	-14,323	-27,402	-15,633	3,583
Change in Trading and Derivative Assets/Liabilities
Other Assets
Other Operating Activities, Net
Cash from Operating Activities	61,472	-8,805	44,982	-6,327	-7,193	37,993	61,777	39,520	9,864	17,277	28,397
Net Cash Provided by Operating Activities

Cash Flow Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Provision for Credit Losses	5,819	5,821	4,394	2,543	-4,594	11,320	3,590	3,282	3,396	3,597	3,161
Provision for Credit Losses

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	7,858	10,389	-14,137	-16,969	52,740	-28,900	-13,079	-44,725	-15,815	-7,859	-609
Change in Time Deposits Placed and Other Short-Term Investments
Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell
Net Change in Loans Held-for-Investment	-96,026	-48,481	-11,754	-65,051	-52,807	44,693	-40,570	-14,556	-35,954	-24,690	-42,208
Proceeds from Sales of Loans Originally Classified as Held for Investment and Instruments from Related Securitization Activities
Purchases
Other Changes in Loans and Leases, Net
Net Change in Securities and Investments	-42,309	-48,456	-4,238	84,103	-309,745	-189,969	-24,007	-10,201	-8,183	-30,144	-13,048
Proceeds from Sales of Available-for-Sale and Other Debt Securities
Proceeds from Paydowns and Maturities of Available-for-Sale and Other Debt Securities
Purchases of Available-for-Sale and Other Debt Securities
Proceeds from Sales
Proceeds from Paydowns and Maturities
Purchases
Proceeds from Paydowns and Maturities
Purchases
Proceeds from Sales of Investments
Proceeds from Sales of Equity Investments
Capital Expenditure	—	—	—	—	—	—	—	—	—	—	—
Net Purchases of Premises and Equipment
Proceeds from Sale of Property, Plant & Equipment	—	—	—	—	—	—	—	—	—	—	—
Net Sales of Premises and Equipment
Other Investing Activities	-4,098	-4,145	-5,258	-4,612	-3,479	-3,489	-2,974	-1,986	8,411	408	294
Proceeds from Sales of Foreclosed Properties
(Acquisition) Divestiture of Business Activities, Net
Cash Received Due to Impact of Adoption of Consolidation Guidance
Other Investing Activities, Net
Cash from Investing Activities	-134,575	-90,693	-35,387	-2,529	-313,291	-177,665	-80,630	-71,468	-51,541	-62,285	-55,571
Net Cash Provided by Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Change in Deposits	71,856	41,640	-6,514	-134,190	268,966	360,677	53,327	71,931	48,611	63,675	78,347
Deposits
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-51,383	47,871	88,252	3,306	22,006	5,214	-21,879	10,070	7,024	-4,000	-26,986
Federal Funds Purchased and Securities Loaned or Sold Under Agreements to Repurchase
Issuance of Long-Term Debt	89,945	56,683	65,396	65,910	76,675	57,013	52,420	64,278	53,486	35,537	43,670
Proceeds from Issuance
Repayments of Long-Term Debt	-75,593	-70,411	-44,571	-34,055	-46,826	-47,948	-50,794	-53,046	-49,480	-51,623	-40,365
Retirement
Net Issuance / (Repayments) of Long-Term Debt	14,352	-13,728	20,825	31,855	29,849	9,065	1,626	11,232	4,006	-16,086	3,305
Issuance of Common Shares	—	—	—	—	—	—	—	—	—	—	—
Proceeds from Issuance of Common Stock
Repurchases of Common Shares	-18,658	-13,104	-4,576	-5,073	-25,126	-7,025	-28,144	-20,094	-12,814	-5,112	-2,374
Common Stock Repurchased
Net Issuance / (Repurchases) of Common Shares	-18,658	-13,104	-4,576	-5,073	-25,126	-7,025	-28,144	-20,094	-12,814	-5,112	-2,374
Issuance of Preferred Shares	—	—	—	4,426	2,169	2,181	3,643	—	—	2,947	2,964
Proceeds from Issuance
Repurchases of Preferred Shares	—	-5,254	—	-654	-1,971	-1,072	-2,568	-4,512	—	—	—
Redemptions
Net Issuance / (Repurchases) of Preferred Shares	—	-5,254	—	3,772	198	1,109	1,075	-4,512	—	2,947	2,964
Common Share Dividends Paid	-9,478	-9,503	-9,087	-8,576	-8,055	-7,727	-5,934	-6,895	-5,700	-4,194	-3,574
Cash Dividends Paid
Other Financing Activities	15,019	12,447	4,445	2,867	3,812	-5,494	3,306	-13,129	8,141	-4,077	-3,147
Change in Short-Term Borrowings
Other Financing Activities, Net
Excess Tax Benefits on Share-Based Payments
Cash from Financing Activities	60,369	60,369	93,345	-106,039	291,650	355,819	3,377	53,118	49,268	33,153	48,535
Net Cash Provided by Financing Activities
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Free Cash Flow	61,472	-8,805	44,982	-6,327	-7,193	37,993	61,777	39,520	9,864	17,277	28,397
Levered Free Cash Flow	63,061	-27,060	58,184	9,126	27,035	30,941	48,754	38,678	-2	-13,373	24,434
Unlevered Free Cash Flow	20,455	-38,835	12,493	-48,744	-33,371	5,403	21,130	750	-20,626	-13,427	6,702
Net Change in Cash	-12,734	-39,129	102,940	-114,895	-28,834	216,147	-15,476	21,170	7,591	-11,855	21,361