Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
B of A
Revenue
=
Money Received
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Discounts and Returns
=
77.99 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Based on latest financial disclosure Bank of America Corporation reported 77.99 B of revenue. This is 1599.71% higher than that of Financial sector, and 175.88% higher than that of Money Center Banks industry, The Revenue for all stocks is 859.77% lower than the firm.
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Bank of America Corporation is rated fifth in revenue category among related companies. Market size based on revenue of Money Center Banks industry is currently estimated at about 632.57 Billion. B of A retains roughly 77.99 Billion in revenue claiming about 12% of all equities under Money Center Banks industry.
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NYSE Bank of America Corporation
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