Bank of America Corporation (BAC) Financial Statements

Bank of America Corporation

BAC · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$113.10B	$105.86B	$102.77B	$94.95B	$89.11B	$85.53B	$91.24B	$91.02B
Interest Expense	$60.10B	$56.06B	$73.33B	$20.10B	$4.74B	$8.22B	$22.34B	$18.61B
Income Before Taxes	$37.70B	$33.22B	$32.53B	$30.97B	$33.98B	$19.00B	$32.75B	$34.58B
Provision for Income Taxes	$7.19B	$6.25B	$6.22B	$3.44B	$2.00B	$1.10B	$5.32B	$6.44B
Net Income	$30.51B	$26.97B	$26.30B	$27.53B	$31.98B	$17.89B	$27.43B	$28.15B
Basic EPS	$3.86	$3.23	$3.07	$3.21	$3.60	$1.88	$2.77	$2.64
Diluted EPS	$3.81	$3.19	$3.05	$3.19	$3.57	$1.87	$2.75	$2.61
Basic Shares Outstanding	7.52B	7.86B	8.03B	8.11B	8.49B	8.75B	9.39B	10.10B
Diluted Shares Outstanding	7.68B	7.94B	8.08B	8.17B	8.56B	8.80B	9.44B	10.24B

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$4.68	$4.58	$5.01	9	↑9 ↓0
Dec 2027	$5.27	$5.14	$5.41	9	↑9 ↓0
Dec 2028	$6.04	$5.85	$6.14	3	↑3 ↓0
Dec 2029	$6.27	$6.27	$6.27	1	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: BAC
Type: Stock
Sector: Finance
Industry: Major Banks
Country: North America
Exchange: NYSE

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.

Key Issues

Bullish view

Large U.S. banks delivered strong second-quarter results, supported by robust trading, lending and investment-banking activity. That backdrop could continue supporting BAC’s earnings and investor interest.

Bearish view

The evidence describes the sector and financial ETFs rather than BAC’s own second-quarter results. Without company-specific operating data, it does not establish that the sector’s strength will translate into sustained BAC outperformance.

Analyst Consensus

See all

Buy

24 analysts

$63

Current

—

Low

$67

Average

—

High

Average target implies +5.54% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Wells Fargo & CompanyWFC · NYSE$89.48