BANK OF AMERICA CORP /DE/
BANK OF AMERICA CORP /DE/
BANK OF AMERICA CORP /DE/ (BAC) — SEC Financial Statements & Analysis
BANK OF AMERICA CORP /DE/ (BAC) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Due From Banks | 27,125 | 28,595 | 25,352 | 26,661 | 24,734 | 26,003 | 24,847 | 25,849 | 23,550 | 27,892 | 25,255 | 29,651 | |||||
Interest Bearing Deposits In Banks | 215,354 | 203,250 | 221,155 | 239,350 | 248,845 | 264,111 | 270,742 | 294,783 | 289,854 | 305,181 | 326,471 | 343,902 | |||||
Cash And Cash Equivalents At Carrying Value | 242,479 | 231,845 | 246,507 | 266,011 | 273,579 | 290,114 | 295,589 | 320,632 | 313,404 | 333,073 | 351,726 | 373,553 | |||||
Federal Funds Sold And Securities Purchased Under … | 383,264 | 316,578 | 325,800 | 352,392 | 328,365 | 274,709 | 337,706 | 337,752 | 316,093 | 280,624 | 309,249 | 276,281 | |||||
Trading Securities | 364,221 | 366,954 | 335,566 | 356,584 | 339,614 | 314,460 | 342,135 | 306,466 | 318,364 | 277,354 | 306,409 | 311,400 | |||||
Derivative Assets | 48,315 | 40,881 | 42,115 | 42,711 | 36,206 | 40,948 | 34,182 | 35,956 | 36,236 | 39,323 | 47,464 | 46,475 | |||||
Marketable Securities | |||||||||||||||||
Debt Securities Held To Maturity Excluding Accrued… | 514,738 | 522,660 | 531,414 | 541,286 | 550,720 | 558,677 | 567,553 | 577,366 | 586,863 | 594,555 | 603,333 | 614,118 | |||||
Marketable Securities | 901,127 | 925,635 | 936,050 | 930,216 | 939,279 | 917,284 | 892,989 | 878,417 | 909,982 | 871,407 | 778,873 | 756,158 | |||||
Financing Receivable Excluding Accrued Interest Be… | 1,205,035 | 1,185,700 | 1,165,900 | 1,147,056 | 1,110,625 | 1,095,835 | 1,075,800 | 1,056,785 | 1,049,156 | 1,053,732 | 1,049,149 | 1,051,224 | |||||
Financing Receivable Allowance For Credit Loss Exc… | -13,148 | -13,203 | -13,252 | -13,291 | -13,256 | -13,240 | -13,251 | -13,238 | -13,213 | -13,342 | -13,287 | -12,950 | |||||
Financing Receivable Excluding Accrued Interest Af… | 1,191,887 | 1,172,497 | 1,152,648 | 1,133,765 | 1,097,369 | 1,082,595 | 1,062,549 | 1,043,547 | 1,035,943 | 1,040,390 | 1,035,862 | 1,038,274 | |||||
Property Plant And Equipment Net | 12,539 | 12,516 | 12,348 | 12,254 | 12,151 | 12,168 | 12,033 | 11,917 | 11,901 | 11,855 | 11,821 | 11,688 | |||||
Goodwill | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | 69,021 | |||||
Other Receivables | 96,082 | 98,186 | 99,863 | 93,964 | 80,329 | 82,247 | 91,267 | 80,978 | 86,106 | 81,881 | 74,347 | 74,000 | |||||
Other Assets | 168,921 | 164,986 | 168,755 | 169,446 | 159,362 | 161,836 | 168,320 | 157,898 | 160,323 | 160,875 | 152,732 | 151,619 | |||||
Assets | 3,496,186 | 3,411,738 | 3,403,716 | 3,441,142 | 3,349,039 | 3,261,299 | 3,324,293 | 3,257,996 | 3,273,803 | 3,180,151 | 3,153,090 | 3,123,198 | |||||
Liabilities | |||||||||||||||||
Deposits Domestic | |||||||||||||||||
Noninterest Bearing Deposit Liabilities Domestic | 529,194 | 517,834 | 510,208 | 514,530 | 513,905 | 507,561 | 498,263 | 503,037 | 524,982 | 530,619 | 549,333 | 571,621 | |||||
Interest Bearing Deposit Liabilities Domestic | 1,372,969 | 1,361,177 | 1,354,445 | 1,363,483 | 1,346,423 | 1,329,014 | 1,308,856 | 1,291,853 | 1,304,508 | 1,273,904 | 1,228,039 | 1,197,396 | |||||
Deposits Foreign | |||||||||||||||||
Noninterest Bearing Deposit Liabilities Foreign | 14,924 | 14,216 | 14,690 | 14,440 | 16,105 | 16,297 | 15,457 | 14,573 | 16,502 | 16,427 | 15,276 | 16,662 | |||||
Interest Bearing Deposit Liabilities Foreign | 120,576 | 125,502 | 122,865 | 119,160 | 113,131 | 112,595 | 107,776 | 101,028 | 100,504 | 102,877 | 91,953 | 91,530 | |||||
Deposits | 2,037,663 | 2,018,729 | 2,002,208 | 2,011,613 | 1,989,564 | 1,965,467 | 1,930,352 | 1,910,491 | 1,946,496 | 1,923,827 | 1,884,601 | 1,877,209 | |||||
Federal Funds Purchased And Securities Sold Under … | 353,020 | 344,716 | 342,588 | 399,460 | 376,070 | 331,758 | 397,958 | 368,106 | 329,658 | 283,887 | 300,703 | 288,627 | |||||
Trading Liabilities | 129,833 | 105,996 | 117,322 | 107,426 | 105,470 | 92,543 | 98,316 | 100,345 | 114,326 | 95,530 | 102,820 | 97,818 | |||||
Derivative Liabilities | 43,938 | 42,076 | 40,157 | 41,693 | 35,365 | 39,353 | 43,131 | 40,508 | 40,401 | 43,432 | 40,855 | 43,399 | |||||
Other Short Term Borrowings | 57,630 | 48,088 | 54,200 | 47,891 | 41,470 | 43,391 | 38,440 | 40,429 | 38,895 | 32,098 | 40,196 | 41,017 | |||||
Accrued Liabilities And Other Liabilities | 247,470 | 231,074 | 231,605 | 220,042 | 201,758 | 211,545 | 222,657 | 213,751 | 214,129 | 207,527 | 206,492 | 205,736 | |||||
Long Term Debt | 325,964 | 317,816 | -1,934 | 313,418 | 304,146 | 283,279 | 6,453 | 290,474 | 296,346 | 302,204 | 4,286 | 286,073 | |||||
Liabilities | 3,195,518 | 3,108,495 | 3,099,564 | 3,141,543 | 3,053,843 | 2,967,336 | 3,027,781 | 2,964,104 | 2,980,251 | 2,888,505 | 2,866,026 | 2,839,879 | |||||
Stockholders Equity | |||||||||||||||||
Common Stocks Including Additional Paid In Capital | 18,885 | 26,084 | 31,764 | 36,428 | 41,038 | 45,336 | 48,338 | 51,376 | 54,310 | 56,365 | 56,710 | 57,267 | |||||
Retained Earnings Accumulated Deficit | 267,765 | 261,693 | 258,141 | 252,180 | 247,315 | 240,753 | 237,954 | 233,597 | 228,902 | 224,672 | 223,749 | 218,397 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -10,978 | -10,526 | -11,745 | -12,504 | -13,271 | -15,285 | -14,334 | -17,629 | -18,057 | -17,788 | -21,792 | -20,742 | |||||
Stockholders Equity | 300,668 | 303,243 | 304,152 | 299,599 | 293,949 | 293,963 | 296,512 | 293,892 | 293,552 | 291,646 | 287,064 | 283,319 | |||||
Liabilities And Stockholders Equity | 3,496,186 | 3,411,738 | 3,403,716 | 3,441,142 | 3,349,424 | 3,261,299 | 3,324,293 | 3,257,996 | 3,273,803 | 3,180,151 | 3,153,090 | 3,123,198 | |||||
Variable Interest Entity Primary Beneficiary | 7,184 | 7,139 | 395 | -394 | 6,062 | 5,575 | 633 | -191 | 5,838 | 6,054 | 44 | 4,610 | |||||
Nonrecourse | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23 | 23 | 23 | 0 | 23 | |||||
Assets | |||||||||||||||||
Federal Funds Sold And Securities Borrowed Or Purc… | 228,013 | 185,491 | 173,686 | 185,143 | 181,232 | 144,501 | 176,229 | 167,835 | 158,281 | 133,053 | 170,332 | 152,081 | |||||
Debt Securities Trading Restricted | 185,980 | 185,869 | 174,783 | 180,332 | 171,255 | 170,328 | 181,996 | 151,737 | 154,424 | 130,815 | 154,684 | 152,849 | |||||
Held To Maturity Securities Fair Value | 433,611 | 442,430 | 446,544 | 448,179 | 454,408 | 450,548 | 481,887 | 466,636 | 477,748 | 496,597 | 471,761 | 508,351 | |||||
Loans Receivable Fair Value Disclosure | 3,757 | 3,498 | 6,694 | 6,863 | 5,386 | 4,249 | 4,172 | 3,197 | 2,938 | 3,569 | 4,250 | 4,327 | |||||
Loans Held For Sale Fair Value Disclosure | 5,431 | 2,271 | 2,071 | 2,409 | 2,672 | 2,214 | 3,141 | 1,572 | 2,070 | 2,059 | 1,607 | 2,063 | |||||
Other Assets Fair Value Disclosure | 12,107 | 9,058 | 9,830 | 9,871 | 9,952 | 13,176 | 17,254 | 15,314 | 13,935 | 11,861 | 9,058 | 10,028 | |||||
Federal Funds Purchased And Securities Loaned Or S… | 227,301 | 223,067 | 215,376 | 241,847 | 222,734 | 192,859 | 243,431 | 214,719 | 206,867 | 178,609 | 209,837 | 214,991 | |||||
Shortterm Debt Fair Value | 11,444 | 8,051 | 6,432 | 5,596 | 6,534 | 6,245 | 6,478 | 7,200 | 6,611 | 4,690 | 4,046 | 2,239 | |||||
Nonfinancial Liabilities Fair Value Disclosure | 10,825 | 8,996 | 8,511 | 9,064 | 9,061 | 13,199 | 16,036 | 15,064 | 14,605 | 11,473 | 10,011 | 11,587 | |||||
Long Term Debt Fair Value | 79,274 | 72,591 | 66,315 | 62,638 | 54,545 | 50,005 | 53,554 | 46,875 | 43,975 | 42,809 | 39,443 | 40,622 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Preferred Stock Shares Issued | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
Preferred Stock Shares Outstanding | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | 12,800 | |||||
Common Stock Shares Issued | 7,130 | 7,212 | 7,329 | 7,437 | 7,560 | 7,611 | 7,689 | 7,775 | 7,867 | 7,895 | 7,923 | 7,954 | |||||
Shares Outstanding | 7,130 | 7,212 | 7,329 | 7,437 | 7,560 | 7,611 | 7,689 | 7,775 | 7,867 | 7,895 | 7,923 | 7,954 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.70% | 6.11% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 8.32% | 14.76% | 19.36% | 4.68% | 11.15% | 9.09% | -3.54% | 3.94% | -0.38% | -8.25% | 4.88% | -3.17% |
| 2024 | 7.27% | 7.35% | 16.62% | -3.66% | -1.81% | 3.19% | 10.51% | 4.43% | 10.01% | -2.74% | -14.32% | 2.35% |
| 2023 | - | - | - | -10.94% | -12.91% | -17.10% | 12.87% | 27.93% | 23.30% | 5.00% | 6.13% | 14.02% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | -0.36 | -0.37 | -0.38 | -0.40 | -0.39 | 0.21 | 0.58 | 0.98 | 1.33 | 1.39 | 1.53 | 1.68 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 4.33 | 3.97 | 3.78 | 3.55 | 3.51 | 3.40 | 2.99 | 3.08 | 3.12 | 3.28 | 3.77 | 3.69 | |||||
| Free Cash Flow Per Share TTM | 7.80 | 1.68 | 8.23 | -2.99 | 0.59 | -1.12 | -0.26 | 5.96 | 5.11 | 5.60 | 5.40 | 5.55 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 33.58% | 30.62% | 27.24% | 22.31% | 18.81% | 14.46% | -6.42% | -2.26% | 2.61% | 11.20% | 38.67% | 51.58% | |||||
| Operating Profit Margin TTM | 33.97% | 33.33% | 33.20% | 32.08% | 32.28% | 31.39% | 25.66% | 26.49% | 27.02% | 28.75% | 32.74% | 33.16% | |||||
| Net Profit Margin TTM | 27.92% | 26.98% | 25.72% | 24.85% | 25.17% | 25.48% | 23.99% | 24.94% | 25.50% | 26.90% | 30.13% | 29.64% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 6.31% | 6.84% | 13.82% | 11.24% | 10.34% | 7.38% | -2.62% | -2.16% | 0.16% | 3.82% | 9.38% | 10.74% | |||||
| Net Income Growth (1Y) | 17.93% | 13.11% | 22.07% | 10.87% | 8.89% | 1.73% | -22.47% | -17.68% | -12.56% | -3.68% | 10.43% | 5.32% | |||||
| EPS Growth (1Y) | 24.78% | 18.13% | 27.82% | 15.50% | 13.01% | 3.97% | -20.49% | -16.19% | -11.48% | -2.66% | 11.67% | 6.38% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 10.95 | 13.41 | 13.14 | 12.92 | 11.44 | 12.38 | 12.62 | 12.24 | 11.46 | 9.61 | 6.74 | 7.19 | |||||
| P/B | 1.17 | 1.35 | 1.25 | 1.17 | 1.06 | 1.14 | 1.01 | 1.02 | 0.98 | 0.87 | 0.72 | 0.76 | |||||
| P/S TTM | 3.06 | 3.62 | 3.38 | 3.21 | 2.88 | 3.15 | 3.03 | 3.05 | 2.92 | 2.59 | 2.03 | 2.13 | |||||
| Market Cap | 351.91B | 409.25B | 379.06B | 351.09B | 311.73B | 333.80B | 298.27B | 300.05B | 286.89B | 254.87B | 205.33B | 214.00B | |||||
| Enterprise Value | 435.39B | 495.22B | 130.62B | 398.50B | 342.30B | 326.97B | 9.14B | 269.89B | 269.84B | 224.01B | -142.11B | 126.52B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 56.57B | 12.61B | 61.47B | -22.68B | 4.55B | -8.81B | -2.00B | 47.05B | 40.74B | 44.98B | 43.26B | 44.64B | |||||
| Net Debt | 83.49B | 85.97B | -248.44B | 47.41B | 30.57B | -6.84B | -289.14B | -30.16B | -17.06B | -30.87B | -347.44B | -87.48B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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