Income Statement - BANK OF AMERICA CORP /DE/ (BAC)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 191.57 | 192.43 | 98.58 | 94.95 | 89.11 | 74.21 | 85.58 | 87.74 | 83.73 | 80.10 | 79.80 | 83.62 | 83.95 | 73.57 | 86.09 | 104.96 | 109.63 | 72.24 | 62.26 | 69.39 |
| Cost of revenue | 84.15 | 96.37 | 4.39 | 2.54 | 4.59 | 19.55 | 25.94 | 0.23 | 16.31 | 13.56 | 13.71 | 13.21 | 16.31 | 24.91 | 35.03 | 23.39 | 22.35 | 12.78 | 9.67 | 8.74 |
| Gross profit | 107.42 | 96.07 | 94.19 | 92.41 | 84.52 | 74.21 | 85.58 | 87.51 | 83.73 | 80.10 | 79.80 | 83.62 | 83.95 | 73.57 | 86.09 | 81.57 | 87.28 | 59.47 | 52.59 | 60.66 |
| Total operating expenses | 69.73 | 66.81 | 65.85 | 61.44 | 59.73 | 55.21 | 52.83 | 53.15 | 54.52 | 55.08 | 57.62 | 75.66 | 69.21 | 70.49 | 64.77 | 58.26 | 26.57 | 16.74 | 13.20 | 12.15 |
| Operating income | 37.70 | 29.25 | 28.34 | 30.97 | 33.98 | 19.00 | 32.75 | 34.58 | 29.21 | 25.02 | 22.19 | 8.90 | 15.82 | 2.74 | -0.23 | -1.32 | 4.36 | 4.43 | 20.92 | 31.97 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.94 | -1.09 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 37.70 | 29.25 | 28.34 | 30.97 | 33.98 | 19.00 | 32.75 | 34.58 | 29.21 | 25.02 | 22.19 | 7.96 | 14.73 | 3.07 | -0.23 | -1.32 | 4.36 | 4.43 | 20.92 | 31.97 |
| Income tax expense | 7.19 | 2.12 | 1.83 | 3.44 | 2.00 | 1.10 | 5.32 | 6.44 | 10.98 | 7.20 | 6.28 | 2.44 | 4.19 | 1.12 | -1.68 | 0.92 | -1.92 | 0.42 | 5.94 | 10.84 |
| Net income | 30.51 | 27.13 | 26.52 | 27.53 | 31.98 | 17.89 | 27.43 | 28.15 | 18.23 | 17.91 | 15.89 | 4.83 | 11.43 | 2.76 | 1.45 | -2.24 | 6.28 | 4.01 | 14.98 | 21.13 |
Show Quarterly Income Statement
Income Statement - BANK OF AMERICA CORP /DE/ (BAC)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 30.27 | 49.69 | 48.22 | 46.67 | 46.99 | 46.97 | 25.35 | 25.38 | 25.82 | 20.86 | 25.17 | 25.20 | 25.33 | 23.44 | 23.60 | 22.17 | 23.20 | 22.55 | 23.39 | 23.09 | 24.68 | 20.05 | 18.95 | 17.21 | 18.01 | 21.41 | 19.96 | 22.23 | 21.99 | 21.77 | 22.01 | 22.45 | 22.24 | 19.44 | 21.01 | 22.10 | 21.41 | 19.22 | 20.79 | 20.31 | 19.79 | 18.77 | 20.19 | 20.70 | 20.15 | 18.51 | 20.57 | 21.34 | 21.56 | 21.15 | 21.23 | 21.52 | 21.48 | 14.86 | 20.20 | 21.61 | 21.55 | 21.66 | 27.09 | 12.07 | 25.49 | 20.89 | 26.47 | 29.15 | 31.97 | 23.05 | 25.99 | 26.83 | 35.76 | 16.47 | 19.62 | 20.32 | 17.00 | 12.67 | 15.93 | 19.56 | 18.16 | 15.30 | 18.18 | 18.22 | 17.69 |
| Cost of revenue | 1.34 | 19.82 | 21.43 | 21.80 | 21.10 | 23.07 | 12.62 | 12.51 | 13.58 | 22.79 | 12.24 | 12.40 | 12.66 | 11.49 | 11.84 | 11.83 | 12.00 | 0.66 | 11.26 | 11.39 | 12.34 | 1.26 | 11.38 | 10.46 | 10.68 | 5.73 | 12.48 | 10.47 | 10.60 | -0.06 | 3.52 | 3.58 | 3.70 | 4.61 | 3.62 | 3.98 | 3.76 | 3.35 | 3.78 | 3.79 | 3.92 | 2.15 | 3.71 | 3.86 | 3.98 | 2.74 | 9.75 | 7.84 | 10.05 | 3.26 | 5.42 | 4.89 | 7.03 | 6.87 | 6.40 | 5.52 | 6.13 | 13.93 | 5.67 | 8.18 | 7.25 | 6.88 | 5.46 | 5.39 | 5.67 | 5.82 | 5.60 | 5.88 | 5.05 | 4.29 | 3.68 | 2.70 | 2.11 | 2.88 | 2.33 | 2.35 | 2.10 | 2.23 | 2.17 | 2.18 | 2.15 |
| Gross profit | 28.94 | 29.87 | 26.79 | 24.87 | 25.89 | 23.90 | 12.73 | 12.86 | 12.24 | 20.86 | 12.93 | 12.80 | 12.67 | 23.44 | 11.77 | 10.33 | 11.20 | 22.55 | 12.13 | 11.70 | 12.34 | 20.05 | 7.57 | 6.75 | 7.33 | 21.41 | 7.47 | 11.76 | 11.40 | 21.83 | 18.49 | 18.87 | 18.54 | 14.83 | 17.38 | 18.13 | 17.66 | 15.87 | 17.01 | 16.52 | 15.87 | 16.62 | 16.47 | 16.84 | 16.17 | 15.77 | 10.83 | 13.50 | 11.51 | 17.89 | 15.81 | 16.62 | 14.45 | 7.99 | 13.80 | 16.09 | 15.42 | 7.74 | 21.42 | 3.89 | 18.24 | 14.01 | 21.01 | 23.77 | 26.30 | 17.23 | 20.39 | 20.96 | 30.71 | 12.18 | 15.94 | 17.62 | 14.90 | 5.73 | 13.60 | 17.21 | 16.06 | 13.06 | 16.01 | 16.04 | 15.54 |
| Total operating expenses | 18.53 | 17.44 | 17.34 | 17.18 | 17.77 | 16.79 | 14.76 | 5.94 | 17.24 | 17.73 | 17.07 | 14.80 | 16.24 | 15.54 | 15.30 | 15.27 | 15.32 | 14.73 | 14.44 | 15.05 | 15.52 | 13.93 | 14.40 | 13.41 | 13.48 | 13.24 | 13.10 | 13.27 | 13.22 | 13.07 | 13.01 | 13.95 | 13.84 | 13.27 | 13.39 | 13.98 | 14.09 | 13.29 | 13.48 | 13.49 | 14.82 | 14.01 | 13.94 | 13.96 | 15.83 | 14.20 | 20.14 | 18.54 | 22.24 | 17.31 | 16.39 | 16.02 | 19.50 | 16.76 | 7.75 | 6.89 | 7.38 | 14.04 | 7.16 | 9.51 | 8.46 | 4.66 | 6.60 | 6.53 | 6.67 | 4.21 | 6.64 | 6.92 | 5.97 | 3.96 | 4.71 | 3.63 | 3.03 | 3.53 | 3.14 | 3.17 | 2.88 | 3.41 | 3.02 | 2.97 | 2.94 |
| Operating income | 10.40 | 12.44 | 9.46 | 7.69 | 8.12 | 7.11 | 10.58 | 19.44 | 7.26 | 3.12 | 8.10 | 26.23 | 9.09 | 7.90 | 8.30 | 6.89 | 7.88 | 7.82 | 8.95 | 8.04 | 9.17 | 6.12 | 4.55 | 3.80 | 4.53 | 8.17 | 6.86 | 8.96 | 8.77 | 9.17 | 8.99 | 9.23 | 8.39 | 6.33 | 7.75 | 8.31 | 7.59 | 5.37 | 7.49 | 7.27 | 5.55 | 6.16 | 6.45 | 6.95 | 4.54 | 4.94 | 6.67 | 7.03 | 5.56 | 6.41 | 6.22 | 6.24 | 4.46 | -2.30 | 6.23 | 7.10 | 8.08 | 7.62 | 8.69 | 7.54 | 9.46 | 9.35 | 11.61 | 12.61 | 13.21 | 13.01 | 11.89 | 12.67 | 16.18 | 8.22 | 17.49 | 16.40 | 18.83 | 2.20 | 10.45 | 14.04 | 13.17 | 9.65 | 15.64 | 15.26 | 14.73 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.26 | -11.88 | 0.00 | 0.00 | 0.00 | -18.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.47 | 0.00 | -0.73 | 0.00 | -0.17 | -0.14 | -0.19 | -0.27 | 0.55 | -0.18 | -0.46 | -0.58 | -1.40 | -0.21 | -0.21 | -0.21 | -0.63 | -6.23 | -4.24 | -6.24 | -2.57 | -1.37 | -0.75 | -2.48 | 0.39 | -5.12 | -3.96 | -7.36 | -5.19 | -1.26 | -20.42 | -6.68 | -12.94 | -17.52 | -8.81 | -8.82 | -14.43 | -13.86 | -10.29 | -10.81 | -12.02 | -15.98 | -11.47 | -17.03 | -3.11 | -5.10 | -5.38 | -5.35 | -1.83 | -7.48 | -6.77 | -7.24 |
| Income before tax | 10.40 | 12.44 | 9.46 | 7.69 | 8.12 | 7.11 | 7.32 | 7.56 | 7.26 | 3.12 | 8.10 | 8.03 | 9.09 | 7.90 | 8.30 | 6.89 | 7.88 | 7.82 | 8.95 | 8.04 | 9.17 | 6.12 | 4.55 | 3.80 | 4.53 | 8.17 | 6.86 | 8.96 | 8.77 | 8.70 | 8.99 | 8.50 | 8.39 | 6.16 | 7.61 | 8.12 | 7.32 | 5.92 | 7.30 | 6.82 | 4.98 | 4.76 | 6.25 | 6.74 | 4.32 | 4.31 | 0.43 | 2.80 | -0.68 | 3.85 | 4.85 | 5.50 | 1.98 | -1.90 | 1.11 | 3.15 | 0.72 | 2.43 | 7.43 | -12.88 | 2.78 | -3.60 | -5.91 | 3.80 | 4.39 | -1.42 | -1.98 | 2.38 | 5.38 | -3.80 | 1.51 | 4.92 | 1.80 | -0.92 | 5.36 | 8.66 | 7.82 | 7.82 | 8.16 | 8.50 | 7.50 |
| Income tax expense | 1.82 | 4.91 | 0.99 | 0.57 | 0.72 | 0.44 | 0.43 | 0.66 | 0.59 | 0.02 | 0.29 | 0.63 | 0.93 | 0.77 | 1.22 | 0.65 | 0.81 | 0.81 | 1.26 | 1.18 | 1.12 | 0.65 | 0.34 | 0.27 | 0.52 | 1.18 | 1.08 | 1.61 | 1.46 | 1.42 | 1.83 | 1.71 | 1.48 | 3.80 | 2.19 | 3.02 | 1.98 | 1.31 | 2.35 | 2.03 | 1.51 | 1.48 | 1.63 | 1.90 | 1.23 | 1.26 | 0.66 | 0.50 | 0.41 | 0.41 | 2.35 | 1.49 | 0.50 | 2.64 | 0.77 | 0.68 | 0.07 | 0.44 | 1.20 | -4.05 | 0.73 | -2.35 | 1.39 | 0.67 | 1.21 | -1.23 | -0.98 | -0.85 | 1.13 | -2.01 | 0.33 | 1.51 | 0.59 | -1.18 | 1.66 | 2.90 | 2.57 | 2.57 | 2.74 | 3.02 | 2.51 |
| Net income | 8.58 | 7.53 | 8.47 | 7.12 | 7.40 | 6.67 | 6.90 | 6.90 | 6.67 | 3.14 | 7.80 | 7.41 | 8.16 | 7.13 | 7.08 | 6.25 | 7.07 | 7.01 | 7.69 | 9.22 | 8.05 | 5.47 | 4.88 | 3.53 | 4.01 | 6.99 | 5.78 | 7.35 | 7.31 | 7.28 | 7.17 | 6.78 | 6.92 | 2.37 | 5.59 | 5.27 | 4.86 | 4.70 | 4.96 | 4.23 | 2.68 | 3.34 | 4.51 | 5.32 | 3.36 | 3.05 | -0.47 | 2.29 | -0.51 | 3.44 | 2.50 | 4.01 | 1.11 | 0.37 | 0.34 | 2.46 | 0.65 | 1.99 | 6.23 | -8.83 | 2.05 | -1.24 | -7.30 | 3.12 | 3.18 | -0.19 | -1.00 | 3.22 | 4.25 | -1.79 | 1.18 | 3.41 | 1.21 | 0.27 | 3.70 | 5.76 | 5.26 | 5.26 | 5.42 | 5.48 | 4.99 |