Bank of America Corporation

BACNYSE

$50.79

Last price · USD

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Bank of America Corporation income statement

Annual · USD millions except per-share data · 26 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	191,567	192,434	171,912	115,053	93,851	+19.5%
Cost of revenue	84,145	96,368	77,725	22,646	144	+391.7%
Gross profit	107,422	96,066	94,187	92,407	93,707	+3.5%
Operating expenses & income
General & administrative	46,118	44,173	42,180	40,468	39,229	+4.1%
Selling & marketing	6,128	5,450	5,535	5,478	5,820	+1.3%
SG&A (combined)	52,246	49,623	47,715	45,946	45,049	+3.8%
Total operating expenses	69,727	66,812	65,845	61,438	59,731	+3.9%
Cost and expenses	153,872	163,180	143,570	84,084	59,875	+26.6%
Operating income	37,695	29,254	28,342	30,969	33,976	+2.6%
Non-operating & other
Interest income	138,566	146,607	130,262	72,565	47,672	+30.6%
Interest expense	78,470	90,547	73,331	20,103	4,738	+101.7%
Net interest income	60,096	56,060	56,931	52,462	42,934	+8.8%
Other expenses	17,481	17,189	18,130	15,492	14,682	+4.5%
Profitability
Depreciation & amortization	2,314	2,189	2,057	1,978	1,898	+5.1%
Income before tax	37,695	29,254	28,342	30,969	33,976	+2.6%
Income tax expense	7,186	2,122	1,827	3,441	1,998	+37.7%
Net income from continuing operations	30,509	27,132	26,515	27,528	31,978	-1.2%
Net income deductions	0	0	0	(1,513)	(1,421)	—
Net income	30,509	27,132	26,515	27,528	31,978	-1.2%
Bottom line net income	29,055	25,503	24,866	26,015	30,557	-1.3%
Additional fields
Ebit	37,695	29,254	28,342	30,969	33,976	+2.6%
Ebitda	40,009	31,443	30,399	32,947	35,874	+2.8%
Eps	$3.88	$3.25	$3.10	$3.21	$3.60	+1.9%
Eps Diluted	$3.82	$3.22	$3.08	$3.19	$3.57	+1.7%
Weighted Average Shs Out	7,365	7,738	8,029	8,114	8,493	-3.5%
Weighted Average Shs Out Dil	7,547	7,844	8,081	8,168	8,558	-3.1%