Financials · BAC

Bank of America Corporation (BAC) financials

For the twelve months ended Sep 30, 2026, Bank of America Corporation reported $120.16B of revenue and $32.24B of net income.

Revenue, TTM
$120.16B
Revenue growth, YoY
+5.4%
Net income, TTM
$32.24B
Net income growth, YoY
+9.8%
Net margin
26.8%
EPS, diluted, TTM
$4.21
EPS growth, YoY
+16.3%
Cash
$249.64B
Total debt
$318.69B
P/E
10.58
P/S
2.84
Market cap
$340.97B
Annual revenue$113.10B
FY2016FY2025
Annual net income$30.51B
FY2016FY2025

BAC revenue and earnings growth

BAC revenueQ3 2026$29.96B

Quarter YoY
+3.2%
QoQ
-5.1%
FY YoY
+6.8%
5Y CAGR
+5.7%
10Y CAGR
+3.1%

BAC revenue was $29.96B in fiscal Q3 2026 (ended Sep 30, 2026), up 3.2% from a year earlier and down 5.1% from the prior quarter. For the full fiscal 2025 it was $113.10B, up 6.8% from fiscal 2024. Compound annual growth was +5.7% over 5 years and +3.1% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

BAC net incomeQ3 2026$6.93B

Quarter YoY
-16.8%
QoQ
-23.6%
FY YoY
+13.1%
5Y CAGR
+11.3%
10Y CAGR
+6.7%

BAC net income was $6.93B in fiscal Q3 2026 (ended Sep 30, 2026), down 16.8% from a year earlier and down 23.6% from the prior quarter. For the full fiscal 2025 it was $30.51B, up 13.1% from fiscal 2024. Compound annual growth was +11.3% over 5 years and +6.7% over 10 years. It rose in 6 of the last 10 fiscal years.

BAC EPSQ3 2026$0.91

Quarter YoY
-12.5%
QoQ
-24.8%
FY YoY
+19.4%
5Y CAGR
+15.3%
10Y CAGR
+11.3%

BAC diluted EPS was $0.91 in fiscal Q3 2026 (ended Sep 30, 2026), down 12.5% from a year earlier and down 24.8% from the prior quarter. For the full fiscal 2025 it was $3.81, up 19.4% from fiscal 2024. Compound annual growth was +15.3% over 5 years and +11.3% over 10 years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$113.10B$105.86B$102.77B$94.95B$89.11B$85.53B$91.24B$91.02B$87.13B$83.70B
Interest expense--$73.33B$20.10B$4.74B$8.22B$22.34B$18.61B$12.34B$9.96B
Pre-tax income$37.70B$33.22B$32.53B$30.97B$33.98B$19.00B$32.75B$34.58B$29.21B$25.02B
Income tax$7.19B$6.25B$6.22B$3.44B$2.00B$1.10B$5.32B$6.44B$10.98B$7.20B
Net income$30.51B$26.97B$26.30B$27.53B$31.98B$17.89B$27.43B$28.15B$18.23B$17.82B
EPS, basic$3.86$3.23$3.07$3.21$3.60$1.88$2.77$2.64$1.63$1.57
EPS, diluted$3.81$3.19$3.05$3.19$3.57$1.87$2.75$2.61$1.56$1.49
Diluted shares7.68B7.94B8.08B8.17B8.56B8.80B9.44B10.24B10.78B11.05B

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$231.84B$290.11B$333.07B$230.20B$348.22B$380.46B$161.56B$177.40B$157.43B$147.74B
Goodwill$69.02B$69.02B$69.02B$69.02B$69.02B$68.95B$68.95B$68.95B$68.95B$68.97B
Total assets$3.41T$3.26T$3.18T$3.05T$3.17T$2.82T$2.43T$2.35T$2.28T$2.19T
Total debt$317.82B$283.28B$302.20B$275.98B$280.12B$262.93B$240.86B$229.39B$227.40B$216.82B
Total liabilities$3.11T$2.97T$2.89T$2.78T$2.90T$2.55T$2.17T$2.09T$2.01T$1.92T
Shareholders' equity$303.24B$293.96B$290.21B$273.20B$270.07B$272.92B$264.81B$265.32B$267.15B$266.19B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$12.61B-$8.80B$44.98B-$6.33B-$7.19B$37.99B$61.78B$39.52B$9.86B$17.28B
Investing cash flow-$145.16B-$90.69B-$35.39B-$2.53B-$313.29B-$177.66B-$80.63B-$71.47B-$51.54B-$62.28B
Financing cash flow$69.95B$60.37B$93.34B-$106.04B$291.65B$355.82B$3.38B$53.12B$49.27B$33.15B
Share repurchases$21.43B$13.10B$4.58B$5.07B$25.13B$7.03B$28.14B$20.09B$12.81B$5.11B
Stock-based compensation$4.00B$3.43B$2.94B$2.86B$2.77B$2.03B$1.97B$1.73B$1.65B$1.37B
Depreciation and amortization$2.31B$2.19B$2.06B$1.98B$1.90B$1.84B$1.73B$2.06B$2.10B-

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY6.8%3.0%8.2%6.6%4.2%-6.3%0.2%4.5%4.1%0.9%
Net income growth, YoY13.1%2.5%-4.4%-13.9%78.7%-34.8%-2.5%54.4%2.3%12.0%
EPS growth, YoY19.4%4.6%-4.4%-10.6%90.9%-32.0%5.4%67.3%4.7%13.7%
Net margin27.0%25.5%25.6%29.0%35.9%20.9%30.1%30.9%20.9%21.3%
Return on equity10.1%9.2%9.1%10.1%11.8%6.6%10.4%10.6%6.8%6.7%
Return on assets0.9%0.8%0.8%0.9%1.0%0.6%1.1%1.2%0.8%0.8%
Debt to equity1.050.961.041.011.040.960.910.860.850.81

Source: XBRL data Bank of America Corporation files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

BAC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BAC$120.16B+5.4%$32.24B26.8%$340.97B
WFC$87.23B+5.4%$22.97B26.3%$251.98B
COF$63.01B+31.2%$10.87B17.2%$121.43B
USB$30.34B+7.2%$8.37B27.6%$92.63B
NRDS$884.50M+11.3%$53.60M6.1%$504.4M

BAC FAQ

7 questions
  • What is BAC revenue?
    Bank of America Corporation (BAC) reported $120.16B of revenue for the twelve months ended Sep 30, 2026. That is up 5.4% from the year before. Revenue for fiscal 2025 was $113.10B.
  • Is BAC profitable?
    Yes. Bank of America Corporation earned $32.24B in net income for the twelve months ended Sep 30, 2026, a net margin of 26.8%.
  • How much cash and debt does BAC have?
    Bank of America Corporation reported $249.64B in cash and cash equivalents and $318.69B of debt on its most recent balance sheet in SEC filings.
  • How fast is BAC revenue growing?
    Bank of America Corporation's revenue changed +6.8% in fiscal 2025, to $113.10B. Its compound annual growth rate was +5.7% over 5 years and +3.1% over 10 years.
  • What is BAC earnings per share?
    Diluted earnings per share were $4.21 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did BAC last report financial results?
    The latest statements here come from Bank of America Corporation's 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
  • Where does this BAC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Bank of America Corporation files with the SEC. It is provided for information only and is not investment advice.