Bank of America Corporation Annual report pursuant to Section 13 and 15(d)

Performance by Geographical Area

Performance by Geographical Area

12 Months Ended

Dec. 31, 2016

Segments, Geographical Areas [Abstract]

Since the Corporation’s operations are highly integrated, certain asset, liability, income and expense amounts must be allocated to arrive at total assets, total revenue, net of interest expense, income before income taxes and net income by geographic area. The Corporation identifies its geographic performance based on the business unit structure used to manage the capital or expense deployed in the region as applicable. This requires certain judgments related to the allocation of revenue so that revenue can be appropriately matched with the related capital or expense deployed in the region.




		December 31		Year Ended December 31
(Dollars in millions)	Year	Total Assets ⁽¹⁾		Total Revenue, Net of Interest Expense ⁽²⁾		Income Before Income Taxes		Net Income
U.S. ⁽³⁾	2016	$	1,900,678	$	72,418	$	22,414	$	16,267
	2015	1,849,099		72,117		20,064		14,637
	2014			74,607		5,751		3,992
Asia	2016	85,410		3,365		674		488
	2015	86,994		3,524		726		457
	2014			3,605		759		473
Europe, Middle East and Africa	2016	174,934		6,608		1,705		925
	2015	178,899		6,081		938		516
	2014			6,409		1,098		813
Latin America and the Caribbean	2016	26,680		1,310		360		226
	2015	29,295		1,243		342		226
	2014			1,273		355		242
Total Non-U.S.	2016	287,024		11,283		2,739		1,639
	2015	295,188		10,848		2,006		1,199
	2014			11,287		2,212		1,528
Total Consolidated	2016	$	2,187,702	$	83,701	$	25,153	$	17,906
	2015	2,144,287		82,965		22,070		15,836
	2014			85,894		7,963		5,520


⁽¹⁾	Total assets include long-lived assets, which are primarily located in the U.S.


⁽²⁾	There were no material intercompany revenues between geographic regions for any of the periods presented.


⁽³⁾	Substantially reflects the U.S.