Bank of America Corporation (BAC) Financial Statements
Historical financial data — 41 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
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2023 | $76.62B+48.9% | $23.37B | N/A | $25.22B | $12.26B | $3.15T | $290.36B | $287.06B |
| Q1 FY2024 | $25.82B-66.3% | $6.67B | N/A | $7.26B | $-15.54B | $3.27T | $296.35B | $293.55B |
| Q2 FY2024 | $51.20B+98.3% | $13.57B | N/A | $14.82B | $2.56B | $3.26T | $290.47B | $293.89B |
| Q3 FY2024 | $76.54B+49.5% | $20.47B | N/A | $22.15B | $-34.72B | $3.32T | $296.93B | $296.51B |
| Q1 FY2025 | $27.37B-64.2% | $7.40B | N/A | $8.12B | $-2.18B | $3.35T | $304.15B | $295.58B |
| Q2 FY2025 | $53.83B+96.7% | $14.51B | N/A | $15.80B | $-11.32B | $3.44T | $313.42B | $299.60B |
| Q3 FY2025 | $81.92B+52.2% | $22.98B | N/A | $25.26B | $35.56B | $3.40T | $311.48B | $304.15B |
| Q1 FY2026 | $30.27B-63.0% | $8.58B | N/A | $10.40B | $41.77B | $3.50T | $325.96B | $300.67B |
Balance Sheet Summary (Latest Period)
Total Assets
$3.41T
Total Liabilities
$3.11T
Total Equity
$303.24B
Cash & Equivalents
$231.84B
Total Debt
$317.82B
Current Assets
N/A
Current Liabilities
N/A
Retained Earnings
$261.69B