Bank of America Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	30,509	26,973	26,305	27,528	31,978
Depreciation & Amortization	2,314	2,189	2,057	1,978	1,898
Provision for Credit Losses	5,675	5,821	4,394	2,543	-4,594
Stock-Based Compensation	4,001	3,433	2,942	2,862	2,768
Net Change in Loans Held-for-Sale	4,215	-4,321	641	6,705	-8,951
Other Adjustments	-544	-1,428	-1,004	2,779	4,977
Changes in Accrued Expenses	17,315	1,025	-18,148	23,029	16,639
Changes in Other Operating Activities	-50,872	-42,497	27,795	-73,751	-51,908
Operating Cash Flow	12,613	-8,805	44,982	-6,327	-7,193
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-46,958	10,389	-14,137	-16,969	52,740
Net Change in Loans Held-for-Investment	-95,271	-48,481	-11,754	-65,051	-52,807
Net Change in Securities and Investments	1,403	-48,456	-4,238	84,103	-309,745
Other Investing Activities	-4,331	-4,145	-5,258	-4,612	-3,479
Investing Cash Flow	-145,157	-90,693	-35,387	-2,529	-313,291
Net Change in Deposits	53,262	41,640	-6,514	-134,190	268,966
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	16,945	47,871	88,252	3,306	22,006
Long-Term Debt Issued	99,867	56,683	65,396	65,910	76,675
Long-Term Debt Repaid	-76,031	-70,411	-44,571	-34,055	-46,826
Net Long-Term Debt Issued (Repaid)	23,836	-13,728	20,825	31,855	29,849
Repurchase of Common Stock	-21,433	-13,104	-4,576	-5,073	-25,126
Net Common Stock Issued (Repurchased)	-21,433	-13,104	-4,576	-5,073	-25,126
Issuance of Preferred Stock	5,493	-	-	4,426	2,169
Repurchase of Preferred Stock	-2,669	-5,254	-	-654	-1,971
Net Preferred Stock Issued (Repurchased)	2,824	-5,254	-	3,772	198
Common Dividends Paid	-9,563	-9,503	-9,087	-8,576	-8,055
Other Financing Activities	4,077	12,447	4,445	2,867	3,812
Financing Cash Flow	69,948	60,369	93,345	-106,039	291,650
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4,327	-3,830	-70	-3,123	-3,408
Net Cash Flow	-58,269	-42,959	102,870	-118,018	-32,242
Free Cash Flow	12,613	-8,805	44,982	-6,327	-7,193
FCF Margin	11.74%	-8.80%	45.73%	-6.85%	-7.68%
Free Cash Flow Per Share	1.64	-1.11	5.57	-0.77	-0.84
Levered Free Cash Flow	21,648	-27,667	57,185	9,126	27,035
Unlevered Free Cash Flow	-31,243	-39,283	11,704	-48,744	-33,371

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.