Bank of America Corporation BAC Cash Flow

Bank of america corporation (BAC)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating activities
Net income
4,010	6,994	5,777	7,348	7,311	7,278	7,167	6,784	6,918	2,365	5,424	5,106	5,337	4,612	4,955	4,783	3,472	3,358	4,321	5,134	3,097	3,737	-232	2,291	-276	2,547	2,497	4,012	1,483	732	340	2,463	653	1,991	6,232	-8,826	2,049	-1,244	-7,299	3,123	3,182	-194	-1,001	3,224	4,247
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
4,761	941	779	857	1,013	905	716	827	834	1,001	834	726	835	774	850	976	997	810	806	780	765	219	636	411	1,009	336	296	1,211	1,713	2,204	1,774	1,773	2,418	2,934	3,407	3,255	3,814	5,129	5,396	8,105	9,805	10,110	11,705	13,375	13,380
Gains on sales of debt securities
315	101	1	109	6	78	73	1	2	-23	125	101	52	0	51	249	190	252	450	168	268	290	432	382	377	499	356	457	68	171	339	400	752	1,192	737	899	546	872	883	37	734	1,039	1,554	632	1,498
Depreciation and amortization
432	-	-	-	418	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized debit valuation adjustments on structured liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-	-35	-175	-335	-	-	-	-	-	-	-	-90	-442	-1,289	-62	-3,314	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and premises improvements amortization
-	-	-	-	-	-	-	379	376	-	372	371	372	373	383	376	379	381	388	391	395	414	391	391	390	396	388	402	411	427	437	442	468	480	494	495	507	530	538	547	566	581	586	591	578
Amortization of intangibles
-	-	-	-	-	-	-	134	135	-	151	160	162	176	181	186	187	202	207	212	213	228	234	235	239	266	270	274	276	309	315	321	319	365	377	382	385	420	426	439	446	432	510	516	520
Net amortization of premium/discount on debt securities
-482	-647	-609	-448	-362	-413	-502	-434	-475	-604	-582	-521	-544	-931	-882	-793	-528	-1,175	-963	503	-978	-24	-397	-611	-667	-1,843	-625	-315	-340	-854	-671	-894	-161	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-229	646	295	731	763	196	1,063	978	804	3,044	1,616	2,133	1,382	721	2,031	1,337	1,704	377	1,191	1,331	68	593	234	1,052	-732	-95	1,926	1,030	-146	-3,566	672	354	-195	1,031	438	-3,710	292	-2,486	1,830	528	736	-3,190	3,313	-239	486
Stock-based compensation
543	479	510	481	504	406	446	462	415	427	457	459	306	280	125	131	831	-106	-10	13	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans held-for-sale:
Payments for Origination and Purchases of Loans Held-for-sale
6,100	10,200	9,500	5,600	3,600	11,300	5,100	6,000	5,700	12,096	13,301	4,794	13,309	8,946	10,754	7,672	5,728	8,202	10,299	8,845	10,587	10,706	9,858	8,770	10,024	10,127	15,433	20,068	20,060	19,736	16,928	12,360	10,516	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales and paydowns of loans originally classified as held for sale and instruments from related securitization activities
7,397	10,841	5,268	6,234	7,848	5,751	5,975	7,370	9,876	13,064	6,378	13,351	7,755	11,520	9,022	5,371	6,675	8,478	7,332	9,419	10,975	9,070	10,107	11,325	8,026	15,158	18,678	22,605	21,266	17,854	14,552	32,455	-10,044	-	-	-	-	-	-	-	-	-	-	-	-
Net change in:
Trading and derivative assets/liabilities
-29,615	-38,461	12,807	11,191	6,543	10,326	12,052	17,102	-15,807	2,110	-11,759	7,589	16,723	11,703	7,209	-8,142	-8,135	5,466	-9,300	4,506	-3,222	7,143	-135	662	-13,536	1,369	7,319	-18,576	-22,642	31,414	4,528	-15,504	27,168	-16,893	-3,872	3,034	-7,750	-2,662	13,995	-25,338	-6,770	-16,995	-1,637	-14,141	-27,049
Other assets
21,022	11,726	1,792	1,590	-3,995	1,728	-4,267	1,852	-11,233	10,097	2,289	11,236	-3,532	13,491	947	2,026	-2,361	-3,785	-3,521	4,673	-12	-10,299	-2,531	3,617	3,319	165	-10,038	-14,253	-11,028	4,303	-443	-3,145	10,709	1,524	-3,469	-24,439	5,099	23,974	-25,982	2,518	-5,723	-6,583	1,297	5,037	-28,304
Accrued expenses and other liabilities
-588	20,416	1,810	-5,517	-346	-5,256	17,867	1,213	-814	-6,528	6,751	8,968	-4,518	4,810	535	3,176	-8,556	2,367	8,566	-2,971	-7,232	-5,092	-580	2,037	13,337	1,140	-4,464	4,933	-14,528	4,678	9,548	-2,315	12,150	-14,900	-12,780	26,383	-16,827	7,343	4,208	-3,597	6,115	4,344	-2,316	-7,759	-10,870
Other operating activities, net
-35	-1,208	-882	-773	-3,348	766	1,666	180	-42	-2,694	-1,695	-1,574	-1,388	-510	-523	23	-95	674	75	-879	1,742	1,083	617	144	-247	-2,432	-849	868	-2,021	-5,547	-571	5,377	-4,210	4,476	16,130	-10,691	-7,099	-15,668	-11,429	16,453	8,733	2,568	-11,323	-1,794	7,399
Net cash provided by operating activities
19,043	59,103	-5,702	-6,725	15,101	-13,922	19,606	-6,518	40,354	-7,100	20,304	9,649	-12,989	-9,440	526	15,294	10,897	5,688	25,796	-3,332	245	348	2,946	4,778	22,723	11,994	8,227	46,128	26,468	-26,143	8,817	16,873	-15,603	24,603	-11,358	51,779	-576	5,158	38,032	15,475	23,876	32,054	22,906	19,974	54,797
Proceeds from paydowns and maturities
16,708	21,246	19,682	19,283	18,903	22,055	18,684	18,722	19,052	22,246	24,136	23,477	24,015	27,188	29,034	26,860	25,510	31,707	23,497	20,848	16,446	19,449	23,482	18,903	17,870	15,823	23,079	25,197	21,455	23,392	16,360	15,953	15,804	15,551	12,452	11,014	17,715	18,036	16,374	17,768	18,690	12,711	15,338	18,029	13,871
Net change in:
Time deposits placed and other short-term investments
5,176	-450	-1,135	-788	1,986	-371	-347	143	-3,084	1,660	-659	-1,815	2,106	1,355	948	1,667	-1,853	1,239	-1,775	578	-92	-349	-787	-4,147	1,253	-11,399	-1,533	-176	5,954	-17,364	6,400	-1,871	5,525	-7,998	1,961	3,416	2,726	-7,487	1,772	-462	4,023	-1,210	2,718	-1,763	19,336
Federal funds sold and securities borrowed or purchased under agreements to resell
-27,372	-3,002	-23,518	18,940	-5,886	-12,894	-21,751	18,144	-31,883	4,467	-13	-6,468	-12,509	20,586	-5,073	7,392	-28,647	14,199	-6,778	6,805	-14,885	31,487	6,139	-14,150	-24,971	21,679	12,161	-3,545	-699	14,110	-7,918	-332	-14,601	38,815	-14,817	-1,125	-24,440	62,202	-24,151	-50,629	-7,105	-2,172	-3,076	-31,455	68,072
Debt securities carried at fair value:
Proceeds from sales
9,977	8,161	357	12,352	31,136	2,047	1,876	511	683	8,756	23,893	18,617	22,087	3,866	31,162	19,135	17,384	35,689	61,008	10,851	30,021	43,568	39,769	11,956	31,106	25,338	16,841	46,189	15,375	13,656	13,438	20,380	26,594	51,752	26,951	30,012	11,410	20,234	16,457	28,334	35,022	41,399	45,354	24,093	53,309
Proceeds from paydowns and maturities
16,708	21,246	19,682	19,283	18,903	22,055	18,684	18,722	19,052	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases
18,131	42,124	26,954	32,676	51,028	21,717	23,161	17,586	14,176	32,060	47,727	42,990	44,198	32,524	73,176	52,373	30,988	67,421	70,718	37,844	43,429	73,054	77,336	33,833	63,679	47,500	24,629	55,038	33,577	33,394	31,404	32,791	66,902	21,492	18,198	36,367	23,479	60,921	38,534	34,805	64,899	102,768	38,707	37,094	6,576
Held-to-maturity debt securities:
Proceeds from paydowns and maturities
11,933	11,938	9,911	7,637	5,284	5,223	5,746	4,056	3,764	4,459	4,550	3,770	3,874	5,850	5,588	4,471	2,768	2,743	3,202	3,954	2,973	2,639	2,234	1,690	1,326	1,433	1,984	2,488	2,567	2,181	1,629	1,479	972	558	44	0	0	-	-	-	-	940	1,036	515	280
Purchases
7,132	27,290	362	9,047	416	765	13,105	19,657	2,453	7,238	7,915	6,902	3,033	10,814	15,391	9,360	4,334	20,315	9,087	3,819	3,354	2,532	2,535	6,760	1,447	2,025	1,807	7,843	2,713	11,885	6,498	2,608	0	-	-	-	-	-	-	-	-	-	-	-	-
Loans and leases:
Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities
2,050	2,444	3,913	2,892	2,952	7,765	6,428	4,488	2,684	3,122	3,557	2,727	2,590	3,917	3,479	3,370	8,021	1,917	8,737	5,881	5,781	8,343	8,559	7,355	4,508	3,064	3,787	4,729	751	-1,321	2,494	177	487	1,341	266	1,047	470	417	4,104	2,668	857	1,027	719	5,281	565
Purchases
1,982	1,947	1,652	1,304	1,060	1,306	667	1,047	1,609	2,335	1,316	1,547	1,648	2,936	1,963	3,160	4,224	3,389	3,433	2,225	3,582	2,539	2,991	2,606	2,473	-110	4,405	3,350	9,089	3,193	2,647	2,839	499	-	-	-	-	-	-	-	-	-	-	-	-
Other changes in loans and leases, net
69,667	12,369	11,784	20,656	1,999	24,860	677	4,565	1,190	11,450	14,896	12,947	1,811	13,362	4,621	3,902	9,309	18,032	12,236	18,145	3,482	-1,177	-10,594	1,378	-8,767	3,335	17,684	13,956	-719	17,073	10,223	-9,316	-20,537	-7,677	-3,334	9,473	-1,326	14,846	7,361	-6,667	-12,990	-2,036	-10,575	-15,282	6,636
Net purchases of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	233	185	266	-	255	153	-55	-151	220	-9	-65	565	253	137	352	516	322	-64	213	708	292	709	531
Proceeds from sales of foreclosed properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	230	164	-	248	342	262	494	561	972	772	822	564	567	579	883	882	591	751	645	501	434	417
Cash received upon acquisition, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	31,804
Cash received due to impact of adoption of consolidation guidance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,807	-	-	-	-
Proceeds from sales of equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	128	435	994	598	2,103	1,443	674	432	481	1,483	0	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities, net
1,619	786	861	660	667	236	2	943	805	224	627	-10,464	1,202	-299	601	-118	-592	-1,323	735	201	93	1,869	376	198	61	-153	288	289	64	150	-68	78	160	-29	611	390	-77	2,258	6,103	-4,021	-2,884	563	-603	-6,509	-2,700
Net cash used in investing activities
-90,411	-43,279	-30,133	-2,451	-4,767	-24,317	-26,282	1,980	-22,849	-11,917	-15,699	-9,984	-13,941	715	-32,510	-9,116	-21,374	-22,818	-4,768	-14,473	-13,512	27,078	8,471	-14,394	-29,415	17,748	9,602	-3,962	1,670	-15,344	-17,479	9,250	-11,406	74,027	-6,194	-1,436	-13,968	26,608	-36,882	-25,880	5,807	-49,900	33,911	-2,697	176,611
Net change in:
Deposits
148,522	41,967	17,743	-4,244	-2,139	35,827	35,958	-18,973	19,119	25,128	21,437	-9,161	11,207	28,039	16,804	-1,170	20,002	35,274	12,449	-3,608	34,232	6,955	-22,348	679	14,379	9,153	29,335	-14,400	-10,078	41,954	28,082	-6,086	8,270	-8,312	2,945	18,233	9,745	33,108	20,634	-1,635	-15,509	16,712	4,157	17,234	-27,596
Short-term borrowings
5,904	-6,489	3,438	874	6,181	-8,847	-11,587	2,549	5,407	-45	-3,821	-7,727	20,131	-2,945	-6,022	2,170	2,783	-6,420	-5,385	6,633	2,098	-2,103	-12,598	-5,536	5,410	5,971	-5,701	4,272	11,467	-4,007	-3,728	-788	3,506	1,829	-16,763	-7,692	-1,638	-4,856	-8,539	-12,048	-6,255	7,246	-33,957	-89,580	-10,135
Federal funds purchased and securities loaned or sold under agreements to repurchase
4,934	-36,958	7,119	6,497	1,463	15,383	-6,309	-630	1,626	-12,963	-6,296	10,476	15,807	-7,904	133	-10,898	14,669	-24,947	-13,786	9,266	2,481	-16,648	96	14,721	5,002	-28,168	-6,335	-15,540	-45,110	19,359	-12,014	27,423	43,627	-33,252	8,595	-21,000	15,162	-51,246	-10,606	36,610	15,416	5,607	-14,061	16,905	-71,444
Long-term debt:
Proceeds from issuance
18,728	7,271	12,656	17,777	14,716	3,405	18,447	21,492	20,934	2,784	17,069	16,255	17,378	10,856	8,898	9,523	6,260	9,714	8,295	16,407	9,254	4,656	11,128	16,544	19,245	12,978	7,506	4,980	20,194	4,190	3,829	3,906	10,275	3,065	5,977	8,338	8,621	691	12,604	15,640	23,280	4,935	20,174	18,389	24,246
Retirement
7,843	7,952	8,994	19,556	14,292	8,229	7,553	23,687	13,577	4,828	15,002	16,098	13,552	10,165	13,408	13,646	14,404	5,782	13,741	9,164	11,678	9,126	12,752	16,616	15,255	17,666	18,503	16,877	12,556	14,127	25,128	54,364	30,770	23,967	23,918	25,972	27,957	31,871	34,891	21,407	22,750	20,905	20,074	25,517	34,711
Preferred stock:
Proceeds from issuance
1,098	0	1,280	2,363	0	0	844	1,322	2,349	0	0	0	0	0	0	878	2,069	0	0	0	2,964	1,396	3,067	1,494	0	0	0	996	12	0	6	-26	687	0	5,000	0	0	-	-	-	-	19,244	0	0	30,000
Redemption
1,072	205	2,363	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchased
6,362	7,748	7,626	6,507	6,263	5,231	5,040	4,965	4,858	4,869	2,981	2,236	2,728	1,330	1,399	1,383	1,000	799	800	775	0	0	0	233	1,442	1,351	866	1,003	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
2,083	1,848	464	1,696	1,926	1,745	1,905	1,571	1,674	1,576	1,721	1,148	1,255	1,163	1,178	879	974	850	961	917	846	837	765	360	344	361	362	472	482	472	471	483	483	475	445	403	415	423	449	440	450	1,330	1,148	1,288	1,097
Excess tax benefits on share-based payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	16	0	0	0	34	0	0	0	12	0	0	3	10	0	3	0	39	0	6	2	45	-	-	-	-
Other financing activities, net
-679	96	39	53	-886	-7	-111	191	-724	212	-27	2	-584	-5	32	-13	-77	-43	-9	-12	-9	-7	-11	-14	-12	-7	-6	-2	-11	98	79	42	17	0	3	0	0	54	-15	-23	-11	-5	-19	-29	11
Net cash provided by (used in) financing activities
161,147	-11,866	22,828	7,923	-15,508	30,556	21,045	-27,085	28,602	3,843	8,658	-9,637	46,404	15,383	3,860	-15,418	29,328	6,131	-13,938	17,830	38,512	-15,714	-34,183	10,679	27,017	-19,451	4,142	-43,581	-36,552	46,995	-9,345	-30,373	35,139	-61,112	-18,603	-28,496	3,557	-54,543	-21,256	16,699	-6,234	-13,496	-44,928	-50,418	-90,726
Effect of exchange rate changes on cash and cash equivalents
-949	508	-1,293	1,024	-607	229	-710	-1,419	700	227	414	651	813	-2,354	351	837	1,406	-74	-178	946	-1,291	-1,782	-1,474	191	-2	-202	434	-737	-1,358	-1,171	705	-825	560	-281	-507	138	102	88	188	-54	6	269	157	47	-79
Net increase (decrease) in cash and cash equivalents
88,830	4,466	-14,300	-229	-5,781	-7,454	13,659	-33,042	46,807	-14,947	13,677	-9,321	20,287	4,304	-27,773	-8,403	20,257	-11,073	6,912	971	23,954	9,930	-24,240	1,254	20,323	10,089	22,405	-2,152	-9,772	4,337	-17,302	-5,075	8,690	37,237	-36,662	21,985	-10,885	-22,689	-19,918	6,240	23,455	-31,073	12,046	-33,094	140,603