Bank of America Corporation (BAC) Earnings History
Annual and quarterly earnings data from 1992 to 2025
Loading earnings history...
EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 55.4% | 18.5% | 16.2% |
| 2024 | 49.9% | 15.2% | 14.1% |
| 2023 | 54.8% | 16.5% | 15.4% |
| 2022 | 80.3% | 26.9% | 23.9% |
| 2021 | 99.8% | 36.2% | 34.1% |
Download Data
Export BAC earnings history in CSV or JSON format
Free sign-in required to download data
Bank of America Corporation (BAC) Earnings Overview
As of February 28, 2026, Bank of America Corporation (BAC) reported trailing twelve-month net income of $30.63B, reflecting +0.2% year-over-year growth. The company earned $4.06 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, BAC's 5-year EPS compound annual growth rate (CAGR) stands at +15.4%, indicating exceptional earnings growth. The company achieved its highest annual net income of $31.98B in fiscal 2021.
Bank of America Corporation maintains positive profitability with a gross margin of 0.6%, operating margin of 0.2%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including JPM ($58.03B net income, 0.2% margin), WFC ($21.06B net income, 0.2% margin), RY ($20.36B net income, 0.1% margin), BAC has room to improve margins relative to the peer group. Compare BAC vs JPM →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
34 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $30.63B | +12.9% | $34.88B | $3.82 | 16.2% | 18.5% |
| 2024 | $27.13B | +2.3% | $29.25B | $3.22 | 14.1% | 15.2% |
| 2023 | $26.52B | -3.7% | $28.34B | $3.08 | 15.4% | 16.5% |
| 2022 | $27.53B | -13.9% | $30.97B | $3.19 | 23.9% | 26.9% |
| 2021 | $31.98B | +78.7% | $33.98B | $3.57 | 34.1% | 36.2% |
| 2020 | $17.89B | -34.8% | $19.00B | $1.87 | 19.1% | 20.3% |
| 2019 | $27.43B | -2.5% | $32.75B | $2.75 | 24.1% | 28.8% |
| 2018 | $28.15B | +54.4% | $34.58B | $2.61 | 25.7% | 31.5% |
| 2017 | $18.23B | +2.3% | $29.21B | $1.56 | 18.3% | 29.4% |
| 2016 | $17.82B | +12.0% | $25.02B | $1.50 | 19.0% | 26.7% |
See BAC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs BAC Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare BAC vs JPM
See how BAC stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
Is BAC growing earnings?
BAC EPS of $4.06 reflects slowing growth at +0.2%, below the 5-year CAGR of +15.4%. TTM net income is $30.6B. Expansion rate has moderated.
What are BAC's profit margins?
Bank of America Corporation net margin is +0.2%, with operating margin at +0.2%. Below-average margins reflect competitive or cost pressures.
How consistent are BAC's earnings?
BAC earnings data spans 1992-2025. The current earnings trend is +0.2% YoY. Historical data enables comparison across business cycles.