Bank of America Corporation (BAC) Revenue History
Annual and quarterly revenue from 1992 to present
BAC Revenue Over Time (1992–2025)
BAC Revenue Growth History
22 of 33 years with positive growth- FY1992 revenue growth
- N/A
- FY1993 revenue growth
- +4.5%
- FY1994 revenue growth
- +26.3%
- FY1995 revenue growth
- +24.3%
- FY1996 revenue growth
- +166.0%
- FY1997 revenue growth
- +13.8%
- FY1998 revenue growth
- +4.9%
- FY1999 revenue growth
- -0.3%
- FY2000 revenue growth
- +11.9%
- FY2001 revenue growth
- -8.1%
- FY2002 revenue growth
- -12.7%
- FY2003 revenue growth
- +5.7%
- FY2004 revenue growth
- +31.9%
- FY2005 revenue growth
- +28.1%
- FY2006 revenue growth
- +37.1%
- FY2007 revenue growth
- +1.8%
- FY2008 revenue growth
- -2.7%
- FY2009 revenue growth
- +24.8%
- FY2010 revenue growth
- -8.2%
- FY2011 revenue growth
- -16.5%
- FY2012 revenue growth
- -9.0%
- FY2013 revenue growth
- +0.8%
- FY2014 revenue growth
- -2.0%
- FY2015 revenue growth
- -3.4%
- FY2016 revenue growth
- +0.2%
- FY2017 revenue growth
- +6.2%
- FY2018 revenue growth
- +10.2%
- FY2019 revenue growth
- +3.6%
- FY2020 revenue growth
- -17.5%
- FY2021 revenue growth
- +0.1%
- FY2022 revenue growth
- +22.6%
- FY2023 revenue growth
- +49.4%
- FY2024 revenue growth
- +11.9%
- FY2025 revenue growth
- -0.5%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $49.69B | — |
| Q3 2025 | $48.22B | — |
| Q2 2025 | $46.67B | — |
| Q1 2025 | $46.99B | — |
| Q4 2024 | $46.97B | — |
| Q3 2024 | $48.87B | — |
| Q2 2024 | $48.53B | — |
| Q1 2024 | $48.07B | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
BAC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BAC Revenue Analysis (1992–2025)
Current Revenue & Growth
As of June 21, 2026, Bank of America Corporation (BAC) generated trailing twelve-month (TTM) revenue of $191.57 billion, reflecting solid growth of +5.8% year-over-year. The most recent quarter (Q4 2025) recorded $49.69 billion in revenue, up 3.0% sequentially.
Historical Growth Trajectory
BAC's 5-year compound annual growth rate (CAGR) stands at +15.4%, indicating consistent double-digit revenue growth. The 3-year CAGR of +18.5% exceeds the 5-year average, indicating an acceleration in the most recent period. Bank of America Corporation's highest annual revenue of $192.43 billion was recorded in 2024.
Revenue by Segment
BAC's revenue is primarily driven by Loans and Leases (32%), other interest income (15%), and Debt securities (14%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Financial Services sector peers — including JPM, WFC, and C. Compare BAC vs JPM →
BAC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BACCurrent | $191.6B | +5.8% | +15.4% | 19.7% | |
 JPM | $279.7B | - | - | 26.0% | |
 WFC | $123.5B | - | - | 20.4% | |
 C | $168.3B | - | - | 11.8% | |
 GS | $125.1B | - | - | 17.5% | |
 MS | $115.0B | - | - | 19.1% |
BAC Historical Revenue Data (1992–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $191.57B | - | $107.42B | 56.1% | $37.70B | 19.7% |
| 2024 | $192.43B | - | $96.07B | 49.9% | $29.25B | 15.2% |
| 2023 | $171.91B | - | $94.19B | 54.8% | $28.34B | 16.5% |
| 2022 | $115.05B | - | $92.41B | 80.3% | $30.97B | 26.9% |
| 2021 | $93.85B | - | $93.71B | 99.8% | $33.98B | 36.2% |
| 2020 | $93.75B | - | $74.21B | 79.2% | $19.00B | 20.3% |
| 2019 | $113.59B | - | $87.65B | 77.2% | $32.75B | 28.8% |
| 2018 | $109.63B | - | $87.74B | 80.0% | $34.58B | 31.5% |
| 2017 | $99.47B | - | $83.73B | 84.2% | $29.21B | 29.4% |
| 2016 | $93.66B | - | $80.10B | 85.5% | $25.02B | 26.7% |
| 2015 | $93.51B | - | $79.80B | 85.3% | $22.19B | 23.7% |
| 2014 | $96.83B | - | $83.62B | 86.4% | $7.96B | 8.2% |
| 2013 | $98.80B | - | $82.48B | 83.5% | $16.17B | 16.4% |
| 2012 | $98.01B | - | $73.09B | 74.6% | $3.07B | 3.1% |
| 2011 | $107.71B | - | $72.68B | 67.5% | $-230,000,000 | -0.2% |
Full Stock Analysis
Deep dive into BAC consensus models and risk factors.
Should I Buy BAC?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
34+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BAC — Frequently Asked Questions
Quick answers to the most common questions about buying BAC stock.
Is BAC's revenue growth accelerating or slowing?
BAC revenue growth is holding steady at +5.8% year-over-year. TTM revenue is $191.6B. The current growth rate closely tracks the 5-year CAGR of +15.4%, signalling consistent execution.
What is BAC's revenue history from 1992 to 2026?
Bank of America Corporation (BAC) revenue history spans 1992 to 2026. TTM revenue as of 2026 is $191.6B, growing at +5.8% YoY. The 5-year CAGR is +15.4%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BAC's long-term revenue growth rate (CAGR)?
Bank of America Corporation's 5-year revenue CAGR of +15.4% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +5.8% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BAC.
Why does BAC's quarterly revenue fluctuate?
BAC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Bank of America Corporation's revenue data from 1992 to 2026 shows full historical quarterly detail on this page.
How is BAC's revenue distributed by segment?
BAC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BAC's revenue compare to industry peers?
Bank of America Corporation (BAC) with TTM revenue of $191.6B and +5.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.