Bank of America Corporation (BAC) Earnings History
Annual and quarterly earnings data from 1992 to 2025
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BAC EPS Growth (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.
BAC 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% |
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Bank of America Corporation (BAC) Earnings Overview
As of May 6, 2026, Bank of America Corporation (BAC) reported trailing twelve-month net income of $30.63B, reflecting +18.6% year-over-year growth. The company earned $4.06 per diluted share over the past four quarters, with a net profit margin of 16.2%.
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 industry-leading profitability with a gross margin of 55.4%, operating margin of 18.5%, and net margin of 16.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including JPM ($58.03B net income, 21.6% margin), WFC ($21.06B net income, 15.7% margin), C ($14.69B net income, 7.4% margin), BAC has room to improve margins relative to the peer group. Compare BAC vs JPM →
BAC Earnings vs Peers
Earnings metrics vs comparable public companies
BAC Historical Earnings Data (1992–2025)
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% |
Full BAC Stock Analysis
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Start ComparisonBAC — Frequently Asked Questions
Quick answers to the most common questions about buying BAC stock.
Is BAC growing earnings?
BAC EPS is $4.06, with earnings growth accelerating to +18.6%. This exceeds the 5-year CAGR of +15.4%. TTM net income reached $30.6B.
What are BAC's profit margins?
Bank of America Corporation net margin is +16.2%, with operating margin at +18.5%. Above-average margins indicate pricing power.
How consistent are BAC's earnings?
BAC earnings data spans 1992-2025. The accelerating earnings trend is +18.6% YoY. Historical data enables comparison across business cycles.