Bank of America Corporation (BAC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
BAC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
BAC Revenue Analysis (2014–2025)
As of February 28, 2026, Bank of America Corporation (BAC) generated trailing twelve-month (TTM) revenue of $188.75 billion, reflecting slight decline in growth of -0.2% year-over-year. The most recent quarter (Q4 2025) recorded $46.88 billion in revenue, down 2.8% sequentially.
Looking at the longer-term picture, BAC's 5-year compound annual growth rate (CAGR) stands at +15.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $192.43 billion in 2024.
Revenue diversification analysis shows BAC's business is primarily driven by Loans and Leases (32%), other interest income (15%), and Debt securities (14%).
When compared to Financial Services sector peers including JPM, WFC, and RY. Compare BAC vs JPM →
Peer Comparison
Compare BAC's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BACCurrent | $188.8B | -0.2% | +15.0% | 18.5% | |
| JPM | $270.8B | - | - | 27.7% | |
| WFC | $125.4B | - | - | 18.6% | |
| RY | $137.4B | - | - | 18.7% | |
| C | $170.7B | - | - | 10.0% | |
| TD | $115.8B | - | - | 20.7% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $188.75B | - | $104.61B | 55.4% | $34.88B | 18.5% |
| 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% |
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Start ComparisonFrequently Asked Questions
Is BAC's revenue growth accelerating or slowing?
BAC revenue growth slowed to -0.2%, below the 5-year CAGR of +15.0%. TTM revenue is $188.8B. The deceleration marks a shift from historical growth rates.
What is BAC's long-term revenue growth rate?
Bank of America Corporation's 5-year revenue CAGR of +15.0% reflects the variable expansion pattern. Current YoY growth of -0.2% is near this long-term average.
How is BAC's revenue distributed by segment?
BAC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.