Bank of America Corporation (BAC) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Bank of America is a formidable financial titan with a $3.5 trillion balance sheet and a cornerstone of the American economy, holding the second-largest deposit market share in the United States. W...
Bank of America Corporation's revenue increased 11.0% year over year, from $101.89B to $113.10B.
Net income increased 12.4% over the same period, from $27.13B to $30.51B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 35% in total.
Total debt increased by 12.2% to $317.82B.
The debt-to-equity ratio stands at 1.05, indicating a elevated leverage profile.
Operating cash flow grew 243.2% to $12.61B.
Bank of America Corporation maintains a strong net profit margin of 27.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $25.34B-0.1% | $6.90B | $7.32B | $-37.28B | $3.32T | $296.93B | $296.51B |
| Q4 FY2024 | $25.35B+0.0% | $6.67B | $7.11B | $25.91B | $3.26T | $283.28B | $295.56B |
| Q1 FY2025 | $27.37B+8.0% | $7.40B | $8.12B | $-2.18B | $3.35T | $304.15B | $295.58B |
| Q2 FY2025 | $26.46B-3.3% | $7.12B | $7.69B | $-9.13B | $3.44T | $313.42B | $299.60B |
| Q3 FY2025 | $28.09B+6.1% | $8.47B | $9.46B | $46.87B | $3.40T | $311.48B | $304.15B |
| Q4 FY2025 | $31.18B+11.0% | $7.53B | $12.44B | $-22.95B | $3.41T | $317.82B | $303.24B |
| Q1 FY2026 | $30.27B-2.9% | $8.58B | $10.40B | $41.77B | N/A | N/A | N/A |
| Q2 FY2026 | $31.56B+4.2% | $9.07B | N/A | $29.04B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Bank of America Corporation (BAC) Financial Statements & Revenue History
Bank of America Corporation (BAC) is a US-listed stock operating in the Financial Services sector, specifically the Banks industry trading at $51.23 with a market capitalization of $358. This page provides 42 historical financial statements for Bank of America Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Bank of America Corporation reported revenue of $113.1 billion, representing 11.0% year-over-year growth. The net profit margin of 27.0% reflects strong profitability. The debt-to-equity ratio of 1.05 indicates elevated leverage.
BAC Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Bank of America Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether BAC is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track BAC's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Bank of America Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of BAC's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use BAC Financial Data
Investors use Bank of America Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare BAC's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how BAC's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View BAC's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Bank of America Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.BAC trades on NYSE. This page is for informational purposes only and is not financial advice.