Bank of America Corporation(BAC)Earnings, Financials & Key Ratios

BAC•NYSE•Banking & Credit

14.7× P/E·Price updated Jun 19, 2026

SectorFinancial Services IndustryDiversified Banks Sub-IndustryNorth American universal banks

AboutBank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.Show more

Net Interest Income$60.1B+7.2%
Total Revenue$191.57B-0.5%
Net Income$30.51B+12.4%
Return on Equity10.19%+10.3%
Net Interest Margin1.76%+2.5%
Efficiency Ratio36.4%+4.8%
ROA0.91%+8.6%
Equity / Assets8.89%-1.9%
Book Value per Share40.18+6.6%

BAC Key Insights

Bank of America Corporation (BAC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Efficient operations: 36.4% efficiency ratio
✓12 consecutive years of dividend growth
✓Healthy dividend yield of 2.3%
✓Share count reduced 3.8% through buybacks
✓Trading near 52-week high

✗Weaknesses

✗Weak NIM of 1.8%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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BAC Price & Volume

Bank of America Corporation (BAC) stock price & volume — 10-year historical chart

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BAC Growth Metrics

Bank of America Corporation (BAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years7.43%

5 Years15.36%

3 Years18.52%

TTM-

Profit CAGR

10 Years6.73%

5 Years11.26%

3 Years3.49%

TTM12.45%

EPS CAGR

10 Years11.3%

5 Years15.36%

3 Years6.19%

TTM18.63%

Return on Capital

10 Years4.92%

5 Years4.59%

3 Years3.97%

Last Year4.49%

BAC Recent Earnings

Bank of America Corporation (BAC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 11/12 qtrs (100%)●Beat Revenue 9/12 qtrs (82%)

Q2 2026Latest

Apr 15, 2026

Metric

Actual

Est

EPS

$1.11+9.9%

$1.01

Rev

$30.3B+1.1%

$29.9B

Q1 2026

Feb 25, 2026

Metric

Actual

Est

EPS

$1.00

—

Rev

$49.7B

—

Q1 2026

Jan 14, 2026

Metric

Actual

Est

EPS

$0.98+2.3%

$0.96

Rev

$28.4B+2.2%

$27.8B

Q4 2025

Oct 15, 2025

Metric

Actual

Est

EPS

$1.06+11.3%

$0.95

Rev

$28.1B+2.1%

$27.5B

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 15, 2026	$1.11vs $1.01+9.9%	$30.3Bvs $29.9B+1.1%
Q1 2026	Feb 25, 2026	$1.00	$49.7B
Q1 2026	Jan 14, 2026	$0.98vs $0.96+2.3%	$28.4Bvs $27.8B+2.2%
Q4 2025	Oct 15, 2025	$1.06vs $0.95+11.3%	$28.1Bvs $27.5B+2.1%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
JPMJPMorgan Chase & Co.Direct Competitor	908.57B	325.22	16.22	3.31%	20.35%	15.95%	2.60
WFCWells Fargo & CompanyDirect Competitor	264.5B	82.21	13.01	-1.49%	17.27%	11.66%	2.33
CCitigroup Inc.Direct Competitor	266.52B	143.09	20.47	-1.41%	8.48%	6.67%	3.35
GSThe Goldman Sachs Group, Inc.Direct Competitor	348.27B	1096.56	21.37	-1.38%	13.73%	13.58%	4.88
MSMorgan StanleyDirect Competitor	355.51B	223.17	21.88	11.48%	14.66%	15.3%	4.22
USBU.S. BancorpProduct Competitor	90.47B	58.14	12.61	0.35%	17.68%	12.03%	1.19
PNCThe PNC Financial Services Group, Inc.Product Competitor	91.42B	232.04	13.99	-6.98%	20.41%	11.87%	0.94
TFCTruist Financial CorporationProduct Competitor	62.11B	48.33	12.65	25.5%	17.44%	8.15%	1.07

Compare BAC vs Peers

Bank of America Corporation (BAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs JPM

Most directly comparable listed peer for BAC.

Scale Benchmark

vs V

Larger-name benchmark to compare BAC against a more recognizable public peer.

Peer Set

Compare Top 5

vs JPM, WFC, C, GS

BAC Income Statement

Bank of America Corporation (BAC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Net Interest Income	45.24B	48.16B	48.89B	43.36B	42.93B	52.46B	56.93B	56.06B	60.1B
NII Growth %	10.08%	6.46%	1.51%	-11.31%	-0.98%	22.19%	8.52%	-1.53%	7.2%
Net Interest Margin %	1.98%	2.05%	2.01%	1.54%	1.35%	1.72%	1.79%	1.72%	1.76%
Interest Income	57.58B	66.77B	71.24B	51.59B	47.67B	72.56B	130.26B	146.61B	138.57B
Interest Expense	12.34B	18.61B	22.34B	8.22B	4.74B	20.1B	73.33B	90.55B	78.47B
Loan Loss Provision	3.4B	3.28B	3.59B	11.32B	-4.59B	2.54B	4.39B	5.82B	5.67B
Non-Interest Income	41.89B	42.86B	42.35B	42.17B	46.18B	42.49B	41.65B	45.83B	53B
Non-Interest Income %	42.11%	39.09%	37.29%	44.98%	49.2%	36.93%	24.23%	23.81%	27.67%
Total Revenue	99.47B▲ 0%	109.63B▲ 10.2%	113.59B▲ 3.6%	93.75B▼ 17.5%	93.85B▲ 0.1%	115.05B▲ 22.6%	171.91B▲ 49.4%	192.43B▲ 11.9%	191.57B▼ 0.5%
Revenue Growth %	6.2%	10.22%	3.61%	-17.46%	0.1%	22.59%	49.42%	11.94%	-0.45%
Non-Interest Expense	54.52B	53.15B	54.9B	55.21B	59.73B	61.44B	65.84B	66.81B	69.73B
Efficiency Ratio	54.81%	48.49%	48.33%	58.89%	63.64%	53.4%	38.3%	34.72%	36.4%
Operating Income	29.21B▲ 0%	34.58B▲ 18.4%	32.75B▼ 5.3%	19B▼ 42.0%	33.98B▲ 78.9%	30.97B▼ 8.9%	28.34B▼ 8.5%	29.25B▲ 3.2%	37.7B▲ 28.9%
Operating Margin %	29.37%	31.55%	28.84%	20.26%	36.2%	26.92%	16.49%	15.2%	19.68%
Operating Income Growth %	16.75%	18.39%	-5.29%	-42.01%	78.87%	-8.85%	-8.48%	3.22%	28.85%
Pretax Income	29.21B▲ 0%	34.58B▲ 18.4%	32.75B▼ 5.3%	19B▼ 42.0%	33.98B▲ 78.9%	30.97B▼ 8.9%	28.34B▼ 8.5%	29.25B▲ 3.2%	37.7B▲ 28.9%
Pretax Margin %	29.37%	31.55%	28.84%	20.26%	36.2%	26.92%	16.49%	15.2%	19.68%
Income Tax	10.98B	6.44B	5.32B	1.1B	2B	3.44B	1.83B	2.12B	7.19B
Effective Tax Rate %	37.59%	18.61%	16.25%	5.8%	5.88%	11.11%	6.45%	7.25%	19.06%
Net Income	18.23B▲ 0%	28.15B▲ 54.4%	27.43B▼ 2.5%	17.89B▼ 34.8%	31.98B▲ 78.7%	27.53B▼ 13.9%	26.52B▼ 3.7%	27.13B▲ 2.3%	30.51B▲ 12.4%
Net Margin %	18.33%	25.68%	24.15%	19.09%	34.07%	23.93%	15.42%	14.1%	15.93%
Net Income Growth %	2.3%	54.38%	-2.55%	-34.76%	78.71%	-13.92%	-3.68%	2.33%	12.45%
Net Income (Continuing)	18.23B	28.15B	27.43B	17.89B	31.98B	27.53B	26.52B	27.13B	30.51B
EPS (Diluted)	1.56▲ 0%	2.61▲ 67.3%	2.75▲ 5.4%	1.87▼ 32.0%	3.57▲ 90.9%	3.19▼ 10.6%	3.08▼ 3.4%	3.22▲ 4.5%	3.82▲ 18.6%
EPS Growth %	4%	67.31%	5.36%	-32%	90.91%	-10.64%	-3.45%	4.55%	18.63%
EPS (Basic)	1.63	2.64	2.77	1.88	3.60	3.21	3.10	3.25	3.88
Diluted Shares Outstanding	10.78B	10.24B	9.44B	8.8B	8.56B	8.17B	8.08B	7.84B	7.55B

BAC Balance Sheet

Bank of America Corporation (BAC) balance sheet — assets, liabilities & shareholders' equity

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash & Short Term Investments	471.22B	414.26B	414.31B	621.5B	654.54B	458.25B	608.07B	642.92B	963.73B
Cash & Due from Banks	168.59B	184.9B	168.67B	387.01B	355.37B	237.46B	341.42B	296.49B	231.84B
Short Term Investments	302.63B	229.37B	245.64B	234.49B	299.18B	220.79B	266.65B	346.43B	731.89B
Total Investments	1.39T	1.41T	1.48T	1.63T	1.99T	1.94T	1.94T	2.03T	2.83T
Investments Growth %	2.02%	1.22%	4.63%	10.65%	21.56%	-2.41%	0.23%	4.76%	39.09%
Long-Term Investments	1.09T	1.18T	1.23T	1.4T	1.69T	1.72T	1.68T	1.69T	2.1T
Accounts Receivables	61.62B	65.81B	55.94B	64.22B	72.26B	67.54B	81.88B	82.25B	98.19B
Goodwill & Intangibles	71.25B	68.95B	68.95B	68.95B	69.02B	69.02B	69.02B	69.02B	69.02B
Goodwill	68.95B	68.95B	68.95B	68.95B	69.02B	69.02B	69.02B	69.02B	69.02B
Intangible Assets	2.3B	0	0	0	0	0	0	0	0
PP&E (Net)	9.25B	9.91B	10.56B	11B	10.83B	11.51B	11.86B	12.17B	12.52B
Other Assets	557.15B	591.8B	634.11B	638.12B	661.67B	714.44B	718.85B	751.23B	163.64B
Total Current Assets	554.8B	502.46B	489.96B	702.66B	741.56B	539.38B	704.76B	740.84B	1.07T
Total Non-Current Assets	1.73T	1.85T	1.94T	2.12T	2.43T	2.51T	2.48T	2.52T	2.34T
Total Assets	2.28T▲ 0%	2.35T▲ 3.2%	2.43T▲ 3.4%	2.82T▲ 15.8%	3.17T▲ 12.4%	3.05T▼ 3.7%	3.18T▲ 4.2%	3.26T▲ 2.6%	3.41T▲ 4.6%
Asset Growth %	4.26%	3.21%	3.38%	15.84%	12.41%	-3.73%	4.22%	2.56%	4.56%
Return on Assets (ROA)	0.82%	1.21%	1.15%	0.68%	1.07%	0.89%	0.85%	0.84%	0.91%
Accounts Payable	0	0	0	0	0	0	0	0	0
Total Debt	436.93B	436.57B	430.17B	452.58B	496.2B	498.55B	618.19B	658.43B	365.9B
Net Debt	268.35B	251.67B	261.5B	65.57B	140.83B	261.09B	276.77B	361.94B	134.06B
Long-Term Debt	227.4B	229.39B	240.86B	262.93B	280.12B	275.98B	302.2B	283.28B	317.82B
Short-Term Debt	209.53B	207.18B	189.31B	189.64B	216.08B	222.57B	315.99B	375.15B	48.09B
Other Liabilities	34.3B	37.89B	38.23B	47.4B	39.13B	46.36B	250.96B	249.52B	229.73B
Total Current Liabilities	1.75T	1.82T	1.89T	2.24T	2.58T	2.46T	2.34T	2.43T	2.56T
Total Non-Current Liabilities	261.7B	267.28B	279.08B	310.34B	319.25B	322.34B	553.16B	532.8B	547.55B
Total Liabilities	2.01T	2.09T	2.17T	2.55T	2.9T	2.78T	2.89T	2.97T	3.11T
Total Equity	267.15B▲ 0%	265.32B▼ 0.7%	264.81B▼ 0.2%	272.92B▲ 3.1%	270.07B▼ 1.0%	273.2B▲ 1.2%	291.65B▲ 6.8%	295.56B▲ 1.3%	303.24B▲ 2.6%
Equity Growth %	0.36%	-0.68%	-0.19%	3.06%	-1.05%	1.16%	6.75%	1.34%	2.6%
Equity / Assets (Capital Ratio)	11.71%	11.27%	10.88%	9.68%	8.52%	8.95%	9.17%	9.06%	8.89%
Return on Equity (ROE)	6.84%	10.57%	10.35%	6.66%	11.78%	10.13%	9.39%	9.24%	10.19%
Book Value per Share	24.79	25.92	28.04	31.03	31.56	33.45	36.09	37.68	40.18
Tangible BV per Share	18.17	19.18	20.74	23.19	23.49	25.00	27.55	28.88	31.04
Common Stock	138.09B	118.9B	91.72B	85.98B	62.4B	58.95B	56.37B	45.34B	26.08B
Additional Paid-in Capital	0	0	0	0	0	0	0	0	0
Retained Earnings	113.82B	136.31B	156.32B	164.09B	188.06B	207B	224.67B	242.35B	261.69B
Accumulated OCI	-7.08B	-12.21B	-6.63B	-1.66B	-5.1B	-21.16B	-17.79B	-15.29B	-10.53B
Treasury Stock	0	0	0	0	0	0	0	0	0
Preferred Stock	22.32B	22.33B	23.4B	24.51B	24.71B	28.4B	28.4B	23.16B	25.99B

BAC Cash Flow Statement

Bank of America Corporation (BAC) cash flow — operating, investing & free cash flow history

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	9.86B	39.52B	61.78B	37.99B	-7.19B	-6.33B	44.98B	-8.8B	12.61B
Operating CF Growth %	-42.91%	300.65%	56.32%	-38.5%	-118.93%	12.04%	810.95%	-119.57%	243.25%
Net Income	18.23B	28.15B	27.43B	17.89B	31.98B	27.53B	26.52B	27.13B	30.51B
Depreciation & Amortization	2.1B	2.06B	1.73B	1.84B	1.9B	1.98B	2.06B	2.19B	2.31B
Deferred Taxes	8.18B	3.04B	2.44B	-1.74B	-838M	739M	-2.01B	-1.73B	295M
Other Non-Cash Items	9.79B	3.28B	15.04B	18.29B	-3.08B	12.51B	12.75B	8.72B	-24.51B
Working Capital Changes	-30.08B	1.26B	13.17B	-326M	-39.92B	-51.94B	2.73B	-48.55B	0
Cash from Investing	-51.54B	-71.47B	-80.63B	-177.66B	-313.29B	-2.53B	-35.39B	-90.69B	-145.16B
Purchase of Investments	-192.06B	-112.62B	-189.9B	-452.41B	-601.13B	-159.06B	-291.06B	-390.91B	0
Sale/Maturity of Investments	183.88B	102.42B	165.89B	262.44B	291.39B	243.16B	286.82B	342.45B	9.59B
Net Investment Activity	-8.18B	-10.2B	-24.01B	-189.97B	-309.75B	84.1B	-4.24B	-48.46B	9.59B
Acquisitions	0	0	0	0	0	0	0	0	0
Other Investing	-43.36B	-61.27B	-56.62B	12.3B	-3.55B	-86.63B	-31.15B	-42.24B	-154.75B
Cash from Financing	49.2B	53.12B	3.38B	355.82B	291.65B	-106.04B	93.34B	60.37B	69.95B
Dividends Paid	-5.7B	-6.89B	-5.93B	-7.73B	-8.05B	-8.58B	-9.09B	-9.5B	-9.56B
Share Repurchases	-12.81B	-24.61B	-28.14B	-7.03B	-25.13B	-5.07B	-4.58B	-13.1B	-21.43B
Stock Issued	0	4.51B	0	0	0	0	0	0	0
Net Stock Activity	-12.81B	-20.09B	-28.14B	-7.03B	-25.13B	-5.07B	-4.58B	-13.1B	-21.43B
Debt Issuance (Net)	1000K	-1000K	1000K	1000K	1000K	1000K	1000K	-1000K	0
Other Financing	55.24B	81.35B	30.75B	366.4B	290.55B	-131.2B	81.02B	89.38B	100.94B
Net Change in Cash	9.7B▲ 0%	19.97B▲ 106.0%	-15.84B▼ 179.3%	218.9B▲ 1481.6%	-32.24B▼ 114.7%	-118.02B▼ 266.0%	102.87B▲ 187.2%	-42.96B▼ 141.8%	-58.27B▼ 35.6%
Exchange Rate Effect	2.1B	-1.2B	-368M	2.76B	-3.41B	-3.12B	-70M	-3.83B	4.33B
Cash at Beginning	147.74B	157.43B	177.4B	161.56B	380.46B	348.22B	230.2B	333.07B	0
Cash at End	157.43B	177.4B	161.56B	380.46B	348.22B	230.2B	333.07B	290.11B	-58.27B
Interest Paid	12.85B	19.09B	22.2B	8.66B	4.51B	18.53B	69.6B	89.69B	0
Income Taxes Paid	3.23B	2.47B	4.36B	2.89B	2.76B	2.29B	3.4B	3.82B	0
Free Cash Flow	9.86B▲ 0%	39.52B▲ 300.6%	61.78B▲ 56.3%	37.99B▼ 38.5%	-7.19B▼ 118.9%	-6.33B▲ 12.0%	44.98B▲ 811.0%	-8.8B▼ 119.6%	12.61B▲ 243.2%
FCF Growth %	-42.91%	300.65%	56.32%	-38.5%	-118.93%	12.04%	810.95%	-119.57%	243.25%

BAC Banking Ratios

Bank of America Corporation (BAC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	6.82%	6.84%	10.57%	10.35%	6.66%	11.78%	10.13%	9.39%	9.24%	10.19%
Return on Assets (ROA)	0.82%	0.82%	1.21%	1.15%	0.68%	1.07%	0.89%	0.85%	0.84%	0.91%
Net Interest Margin	1.88%	1.98%	2.05%	2.01%	1.54%	1.35%	1.72%	1.79%	1.72%	1.76%
Efficiency Ratio	58.81%	54.81%	48.49%	48.33%	58.89%	63.64%	53.4%	38.3%	34.72%	36.4%
Equity / Assets	12.17%	11.71%	11.27%	10.88%	9.68%	8.52%	8.95%	9.17%	9.06%	8.89%
Book Value / Share	24.1	24.79	25.92	28.04	31.03	31.56	33.45	36.09	37.68	40.18
NII Growth	5.49%	10.08%	6.46%	1.51%	-11.31%	-0.98%	22.19%	8.52%	-1.53%	7.2%
Dividend Payout	23.53%	31.26%	24.5%	21.63%	43.18%	25.19%	31.15%	34.27%	35.03%	31.34%

BAC SEC Filings & Documents

Bank of America Corporation (BAC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 15, 2026·SEC

BAC Frequently Asked Questions

Bank of America Corporation (BAC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Bank of America Corporation (BAC) saw revenue decline by 0.5% over the past year.

Yes, Bank of America Corporation (BAC) is profitable, generating $30.51B in net income for fiscal year 2025 (15.9% net margin).

Dividend & Returns

Yes, Bank of America Corporation (BAC) pays a dividend with a yield of 2.25%. This makes it attractive for income-focused investors.

Bank of America Corporation (BAC) has a return on equity (ROE) of 10.2%. This is reasonable for most industries.

Industry Metrics

Bank of America Corporation (BAC) has a net interest margin (NIM) of 1.8%. NIM has been under pressure due to interest rate environment.

Bank of America Corporation (BAC) has an efficiency ratio of 36.4%. This is excellent, indicating strong cost control.

What if you invested $1,000 in BAC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

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Bank of America Corporation(BAC)Earnings, Financials & Key Ratios

BAC•NYSE•Banking & Credit

14.7× P/E·Price updated Jun 19, 2026

SectorFinancial Services IndustryDiversified Banks Sub-IndustryNorth American universal banks

Net Interest Income$60.1B+7.2%
Total Revenue$191.57B-0.5%
Net Income$30.51B+12.4%
Return on Equity10.19%+10.3%
Net Interest Margin1.76%+2.5%
Efficiency Ratio36.4%+4.8%
ROA0.91%+8.6%
Equity / Assets8.89%-1.9%
Book Value per Share40.18+6.6%