Bank of America Corporation (BAC)

Bank of America Income Statement

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

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Net Interest Income	15,750	15,233	14,670	14,443	14,359	13,967	13,702	14,032	13,946	14,379	14,158	14,448	14,681	13,765	12,444	11,572	11,410	11,094	10,233	10,197
Net Interest Income Growth	9.69%	9.06%	7.07%	2.93%	2.96%	-2.86%	-3.22%	-2.88%	-5.01%	4.46%	13.77%	24.85%	28.67%	24.08%	21.61%	13.48%	11.29%	9.53%	-5.67%	-15.94%
Non-Interest Income	15,430	12,855	11,793	12,923	10,988	11,378	11,675	11,786	8,013	10,788	11,039	11,810	9,851	10,737	10,244	11,656	10,650	11,672	11,233	12,624
Non-Interest Income Growth	40.43%	12.98%	1.01%	9.65%	37.13%	5.47%	5.76%	-0.20%	-18.66%	0.47%	7.76%	1.32%	-7.50%	-8.01%	-8.80%	-7.67%	8.17%	14.35%	-2.14%	18.68%
Revenues Before Loan Losses	31,180	28,088	26,463	27,366	25,347	25,345	25,377	25,818	21,959	25,167	25,197	26,258	24,532	24,502	22,688	23,228	22,060	22,766	21,466	22,821
Provision for Credit Losses	1,308	1,295	1,592	1,480	1,452	1,542	1,508	1,319	1,104	1,234	1,125	931	1,092	898	523	30	-489	-624	-1,621	-1,860
Revenue	29,872	26,793	24,871	25,886	23,895	23,803	23,869	24,499	20,855	23,933	24,072	25,327	23,440	23,604	22,165	23,198	22,549	23,390	23,087	24,681
Revenue Growth (YoY)	25.01%	12.56%	4.20%	5.66%	14.58%	-0.54%	-0.84%	-3.27%	-11.03%	1.39%	8.60%	9.18%	3.95%	0.92%	-3.99%	-6.01%	12.49%	23.45%	34.16%	37.07%
Compensation Expenses	10,602	10,523	10,332	10,889	10,245	9,916	9,826	10,195	9,460	9,551	9,401	9,918	9,161	8,887	8,917	9,482	9,037	8,714	8,653	9,736
Selling, General & Admin	4,169	4,030	3,996	3,966	4,041	3,860	3,795	3,654	3,577	3,602	3,640	3,582	3,671	3,468	3,440	3,320	3,344	3,184	3,660	3,176
Other Non-Interest Expenses	2,666	2,784	2,855	2,915	2,501	2,703	2,688	3,388	4,694	2,685	2,997	2,738	2,711	2,948	2,916	2,517	2,350	2,542	2,732	2,603
Total Non-Interest Expense	17,437	17,337	17,183	17,770	16,787	16,479	16,309	17,237	17,731	15,838	16,038	16,238	15,543	15,303	15,273	15,319	14,731	14,440	15,045	15,515
Pretax Income	12,435	9,456	7,688	8,116	7,108	7,324	7,560	7,262	3,124	8,095	8,034	9,089	7,897	8,301	6,892	7,879	7,818	8,950	8,042	9,166
Provision for Income Taxes	4,907	987	572	720	443	428	663	588	-20	293	626	928	765	1,219	645	812	805	1,259	-1,182	1,116
Net Income	7,200	8,040	6,825	6,990	6,240	6,380	6,582	6,142	2,628	7,270	7,102	7,656	6,904	6,579	5,932	6,600	6,773	7,260	8,964	7,560
Net Income Attributable to Preferred Dividends	328	429	291	406	266	516	315	532	306	532	306	505	228	503	315	467	240	431	260	490
Net Income to Common	7,200	8,040	6,825	6,990	6,240	6,380	6,582	6,142	2,628	7,270	7,102	7,656	6,904	6,579	5,932	6,600	6,773	7,260	8,964	7,560
Net Income Growth	15.38%	26.02%	3.69%	13.81%	137.44%	-12.24%	-7.32%	-19.78%	-61.93%	10.50%	19.72%	16.00%	1.93%	-9.38%	-33.82%	-12.70%	30.05%	63.51%	172.96%	113.50%
Shares Outstanding (Basic)	7,364	7,627	7,581	7,678	7,738	7,818	7,898	7,968	7,991	8,017	8,041	8,066	8,088	8,108	8,122	8,137	8,305	8,431	8,621	8,700
Shares Outstanding (Diluted)	7,550	7,627	7,652	7,771	7,738	7,902	7,961	8,031	8,063	8,076	8,081	8,182	8,156	8,161	8,163	8,202	8,305	8,493	8,736	8,756
Shares Change (YoY)	-2.44%	-3.48%	-3.89%	-3.25%	-4.02%	-2.15%	-1.48%	-1.84%	-1.14%	-1.04%	-1.01%	-0.24%	-1.80%	-3.91%	-6.55%	-6.32%	-5.46%	-3.24%	-0.37%	-1.21%
EPS (Basic)	0.98	1.04	0.90	0.91	0.83	0.82	0.83	0.77	0.36	0.91	0.88	0.95	0.85	0.81	0.73	0.81	0.82	0.86	1.04	0.87
EPS (Diluted)	0.98	1.04	0.89	0.90	0.83	0.81	0.83	0.76	0.35	0.90	0.88	0.94	0.85	0.81	0.73	0.80	0.82	0.85	1.03	0.86
EPS Growth	18.07%	28.39%	7.23%	18.42%	137.14%	-10.00%	-5.68%	-19.15%	-58.82%	11.11%	20.55%	17.50%	3.66%	-4.71%	-29.13%	-6.98%	38.98%	66.67%	178.38%	115.00%
Free Cash Flow	-22,945	46,874	-9,132	-2,184	25,914	-37,276	18,096	-15,539	32,724	11,772	11,786	-11,300	30,998	13,154	-5,049	-45,430	44,651	9,795	-9,311	-52,328
Free Cash Flow Growth	-	-	-	-	-20.81%	-	53.54%	-	5.57%	-10.51%	-	-	-30.58%	34.29%	-	-	-18.21%	-	-	-
Free Cash Flow Per Share	-3.04	6.15	-1.19	-0.28	3.35	-4.72	2.27	-1.93	4.06	1.46	1.46	-1.38	3.80	1.61	-0.62	-5.54	5.38	1.15	-1.07	-5.98
Dividends Per Share	0.280	0.280	0.260	0.260	0.260	0.260	0.240	0.240	0.240	0.240	0.220	0.220	0.220	0.220	0.210	0.210	0.210	0.210	0.180	0.180
Dividend Growth	7.69%	7.69%	8.33%	8.33%	8.33%	8.33%	9.09%	9.09%	9.09%	9.09%	4.76%	4.76%	4.76%	4.76%	16.67%	16.67%	16.67%	16.67%	-	-
Profit Margin	25.20%	31.61%	28.61%	28.57%	27.23%	28.97%	28.90%	27.24%	14.07%	32.60%	30.77%	32.22%	30.43%	30.00%	28.18%	30.46%	31.10%	32.88%	39.95%	32.62%
FCF Margin	-76.81%	174.95%	-36.72%	-8.44%	108.45%	-156.60%	75.81%	-63.43%	156.91%	49.19%	48.96%	-44.62%	132.24%	55.73%	-22.78%	-195.84%	198.02%	41.88%	-40.33%	-212.02%
EBITDA	594	584	571	565	559	549	543	538	527	517	510	503	502	491	491	494	495	473	469	461
EBITDA Margin	1.99%	2.18%	2.30%	2.18%	2.34%	2.31%	2.27%	2.20%	2.53%	2.16%	2.12%	1.99%	2.14%	2.08%	2.22%	2.13%	2.20%	2.02%	2.03%	1.87%
Effective Tax Rate	39.46%	10.44%	7.44%	8.87%	6.23%	5.84%	8.77%	8.10%	-0.64%	3.62%	7.79%	10.21%	9.69%	14.68%	9.36%	10.31%	10.30%	14.07%	-14.70%	12.18%

Updated Jan 14, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q