BAC
Bank of America Corp
NYSE: BAC · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$53.46
+1.10% today
Updated 2026-04-29
Market cap
$371.11B
P/E ratio
12.95
P/S ratio
3.39x
EPS (TTM)
$4.02
Dividend yield
2.10%
52W range
$38 – $57
Volume
40.4M
Bank of America Corp (BAC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.39B | $62.26B | $72.24B | $109.63B | $104.96B | $86.09B | $73.56B | $83.95B | $83.62B | $79.80B | $80.10B | $83.73B | $87.74B | $85.58B | $74.21B | $89.11B | $94.95B | $98.58B | $192.43B | $191.57B |
| Revenue growth (YoY) | — | -10.3% | +16.0% | +51.8% | -4.3% | -18.0% | -14.6% | +14.1% | -0.4% | -4.6% | +0.4% | +4.5% | +4.8% | -2.5% | -13.3% | +20.1% | +6.6% | +3.8% | +95.2% | -0.5% |
| Cost of revenue | $8.73B | $9.67B | $12.78B | $22.35B | $23.39B | $35.03B | $24.91B | $16.31B | $13.21B | $13.71B | $13.56B | $16.31B | $227.00M | $25.93B | $19.55B | $4.59B | $2.54B | $4.39B | $96.37B | $84.14B |
| Gross profit | $60.66B | $52.59B | $59.47B | $87.28B | $81.57B | $86.09B | $73.56B | $83.95B | $83.62B | $79.80B | $80.10B | $83.73B | $87.51B | $85.58B | $74.21B | $84.52B | $92.41B | $94.19B | $96.07B | $107.42B |
| Gross margin | 87.4% | 84.5% | 82.3% | 79.6% | 77.7% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 99.7% | 100.0% | 100.0% | 94.8% | 97.3% | 95.5% | 49.9% | 56.1% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $25.47B | $26.96B | $29.52B | $50.44B | $55.33B | $62.27B | $8.20B | $7.65B | $6.88B | $6.20B | $5.72B | $6.42B | $6.25B | $6.24B | $6.92B | $7.54B | $8.42B | $8.87B | $44.17B | $46.12B |
| Operating income | $31.97B | $20.92B | $4.43B | $4.36B | $-1.32B | $-230.00M | $2.74B | $15.82B | $8.90B | $22.19B | $25.02B | $29.21B | $34.58B | $32.75B | $19.00B | $33.98B | $30.97B | $28.34B | $29.25B | $37.70B |
| Operating margin | 46.1% | 33.6% | 6.1% | 4.0% | -1.3% | -0.3% | 3.7% | 18.8% | 10.6% | 27.8% | 31.2% | 34.9% | 39.4% | 38.3% | 25.6% | 38.1% | 32.6% | 28.7% | 15.2% | 19.7% |
| EBITDA | $34.84B | $23.77B | $6.26B | $6.34B | $408.00M | $1.28B | $4.00B | $16.91B | $9.84B | $23.02B | $25.75B | $31.32B | $36.65B | $34.48B | $20.84B | $35.87B | $32.95B | $30.37B | $31.44B | $40.01B |
| EBITDA margin | 50.2% | 38.2% | 8.7% | 5.8% | 0.4% | 1.5% | 5.4% | 20.1% | 11.8% | 28.8% | 32.1% | 37.4% | 41.8% | 40.3% | 28.1% | 40.3% | 34.7% | 30.8% | 16.3% | 20.9% |
| EBIT | $31.97B | $20.92B | $4.43B | $4.36B | $-1.32B | $-230.00M | $2.74B | $15.82B | $8.90B | $22.19B | $25.02B | $29.21B | $34.58B | $32.75B | $19.00B | $33.98B | $30.97B | $28.34B | $29.25B | $37.70B |
| Interest expense | $43.99B | $52.87B | $40.32B | $30.81B | $23.97B | $21.62B | $16.74B | $12.76B | $10.93B | $10.55B | $9.96B | $12.91B | $18.61B | $22.34B | $8.22B | $4.74B | $20.10B | $73.33B | $90.55B | $78.47B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $21.13B | $14.98B | $4.01B | $6.28B | $-2.24B | $1.45B | $2.76B | $11.43B | $4.83B | $15.89B | $17.91B | $18.23B | $28.15B | $27.43B | $17.89B | $31.98B | $27.53B | $26.52B | $27.13B | $30.51B |
| Net income growth (YoY) | — | -29.1% | -73.2% | +56.6% | -135.7% | +164.6% | +90.7% | +314.5% | -57.7% | +228.7% | +12.7% | +1.8% | +54.4% | -2.5% | -34.8% | +78.7% | -13.9% | -3.7% | +2.3% | +12.4% |
| Profit margin | 30.5% | 24.1% | 5.5% | 5.7% | -2.1% | 1.7% | 3.7% | 13.6% | 5.8% | 19.9% | 22.4% | 21.8% | 32.1% | 32.1% | 24.1% | 35.9% | 29.0% | 26.9% | 14.1% | 15.9% |