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In 2002 Bank of America had a net income of $9.2 billion
What else can I help you with?
Net income of Bank of America for the year 2009?
$9.2 billion
What was the net income of J.P. Morgan Chase in 2002?
In 2002 the company reported a net income of $1.7 billion
What was McDonald's' profit in 2002?
The company's net income for 2002 was $893,000,000.00.
What is the equation of Net Operating Income for a bank?
Net Operating Income (NOI) for a bank is typically calculated using the formula: NOI = Total Interest Income - Total Interest Expense - Operating Expenses. This equation reflects the income generated from a bank's core operations, excluding any non-operating income or expenses, taxes, and extraordinary items. It serves as a measure of a bank's profitability from its primary business activities.
How do you culculate the gross spread ratio of a bank?
Gross Spread for Banks = (Net Markup Income/Gross Income)
Formula for net income?
Net income percentage = Net income / Revenue
Which section of the income statement does not report net of income taxes or net of income?
Trading account statement does not report net of income taxes or net of income.
Formula for net income percentage?
Net income percentage = Net income / Revenue
What is bank net revenue?
Bank net revenue refers to the total income generated by a bank from its core operations, including interest income from loans and fees for services, minus any expenses related to earning that income, such as interest paid on deposits and operational costs. It represents the bank's profitability before accounting for taxes and provisions for loan losses. Essentially, it provides a clearer picture of a bank's financial performance by focusing on its primary revenue-generating activities.
What was McDonald's total income in 2002?
Annual and financial reports for McDonald's are available online. The 2002 report is here: http://www.mcdonalds.com/corp/invest/pub/annual_rpt_archives/2002_annual.html. The company's net income for 2002 was $893,000,000.00.
What was Scotia bank profit for 2009. How does this compare with 2008?
According to Scotiabank's 2009 annual report, the organization had net income of approximately $3,547,000,000 in 2009, a 13.0% increase over 2008 net income of $3,140,000,000.
How is gross income different from net income?
net income is gross income less expenses
