financial statements

The full income statement, balance sheet, and cash-flow statement for Bank of America Corporation (BAC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live BAC chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	113B YoY+6.8%	106B YoY+3.0%	103B YoY+8.2%	95.0B YoY+6.6%	89.1B YoY+4.2%
Noninterest income	53.0B YoY+6.4%	49.8B YoY+8.6%	45.8B YoY+7.9%	42.5B YoY-8.0%	46.2B YoY+9.5%
Amortization of intangibles	78.0M YoY+0.0%	78.0M YoY+0.0%	78.0M YoY+0.0%	78.0M YoY+2.6%	76.0M YoY-20.0%
Noninterest expense	69.7B YoY+4.4%	66.8B YoY+1.5%	65.8B YoY+7.2%	61.4B YoY+2.9%	59.7B YoY+8.2%
Interest expense	—	—	73.3B YoY+264.8%	20.1B YoY+324.3%	4.74B YoY-42.4%
Interest & investment income	139B YoY-5.5%	147B YoY+12.5%	130B YoY+79.5%	72.6B YoY+52.2%	47.7B YoY-7.6%
Net interest income	60.1B YoY+7.2%	56.1B YoY-1.5%	56.9B YoY+8.5%	52.5B YoY+22.2%	42.9B YoY-1.0%
Pre-tax income	37.7B YoY+13.5%	33.2B YoY+2.1%	32.5B YoY+5.0%	31.0B YoY-8.9%	34.0B YoY+78.9%
Income tax	7.19B YoY+15.0%	6.25B YoY+0.4%	6.22B YoY+80.9%	3.44B YoY+72.2%	2.00B YoY+81.5%
	30.5B YoY+13.1%	27.0B YoY+2.5%	26.3B YoY-4.4%	27.5B YoY-13.9%	32.0B YoY+78.7%
Preferred dividends	1.45B YoY-10.7%	1.63B YoY-1.2%	1.65B YoY+9.0%	1.51B YoY+6.5%	1.42B YoY+0.0%
Net income to common	29.1B YoY+14.6%	25.3B YoY+2.8%	24.7B YoY-5.2%	26.0B YoY-14.9%	30.6B YoY+85.5%
	$3.81 YoY+19.4%	$3.19 YoY+4.6%	$3.05 YoY-4.4%	$3.19 YoY-10.6%	$3.57 YoY+90.9%
EPS (basic)	$3.86 YoY+19.5%	$3.23 YoY+5.2%	$3.07 YoY-4.4%	$3.21 YoY-10.8%	$3.60 YoY+91.5%
Weighted-avg shares (basic)	7.52B YoY-4.2%	7.86B YoY-2.2%	8.03B YoY-1.0%	8.11B YoY-4.5%	8.49B YoY-3.0%
Weighted-avg shares (diluted)	7.68B YoY-3.2%	7.94B YoY-1.8%	8.08B YoY-1.1%	8.17B YoY-4.6%	8.56B YoY-2.7%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	232B YoY-20.1%	290B YoY-12.9%	333B YoY+44.7%	230B YoY-33.9%	348B YoY-8.5%
	3.41T YoY+4.6%	3.26T YoY+2.6%	3.18T YoY+4.2%	3.05T YoY-3.7%	3.17T YoY+12.4%
Property, plant & equipment	12.5B YoY+2.9%	12.2B YoY+2.6%	11.9B YoY+3.0%	11.5B YoY+6.2%	10.8B YoY-1.5%
Operating lease right-of-use	8.39B YoY-1.5%	8.53B YoY-6.8%	9.15B YoY-6.2%	9.76B YoY-4.7%	10.2B YoY+2.3%
Goodwill	69.0B YoY+0.0%	69.0B YoY+0.0%	69.0B YoY-0.0%	69.0B YoY+0.0%	69.0B YoY+0.1%
Intangible assets	1.80B YoY-10.0%	2.00B YoY+0.0%	2.00B YoY-4.8%	2.10B YoY-4.5%	2.20B YoY+0.0%
Short-term & current debt	211B YoY+0.0%	211B YoY+0.0%	211B YoY+0.0%	211B YoY+0.0%	211B YoY+0.0%
	3.11T YoY+4.8%	2.97T YoY+2.7%	2.89T YoY+4.0%	2.78T YoY-4.2%	2.90T YoY+13.9%
Long-term debt	318B YoY+12.2%	283B YoY-6.3%	302B YoY+9.5%	276B YoY-1.5%	280B YoY+6.5%
	303B YoY+3.2%	294B YoY+1.3%	290B YoY+6.2%	273B YoY+1.2%	270B YoY-1.0%
Retained earnings	262B YoY+8.7%	241B YoY+7.2%	225B YoY+8.5%	207B YoY+10.1%	188B YoY+14.6%
Accumulated other comprehensive income	-10.5B YoY+31.1%	-15.3B YoY+14.1%	-17.8B YoY+15.9%	-21.2B YoY-314.5%	-5.10B YoY-208.2%
Total liabilities & equity	3.41T YoY+4.6%	3.26T YoY+2.6%	3.18T YoY+4.2%	3.05T YoY-3.7%	3.17T YoY+12.4%
Common shares issued	7.21B YoY-5.2%	7.61B YoY-3.6%	7.90B YoY-1.3%	8.00B YoY-1.0%	8.08B YoY-6.6%
Common shares outstanding	7.21B YoY-5.2%	7.61B YoY-3.6%	7.90B YoY-1.3%	8.00B YoY-1.0%	8.08B YoY-6.6%
Shares outstanding (cover)	7.30B YoY-4.8%	7.67B YoY-3.0%	7.91B YoY-1.4%	8.02B YoY-2.0%	8.18B YoY-5.4%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	12.6B YoY+243.2%	-8.80B YoY-119.6%	45.0B YoY+811.0%	-6.33B YoY+12.0%	-7.19B YoY-118.9%
Depreciation & amortization	2.31B YoY+5.7%	2.19B YoY+6.4%	2.06B YoY+4.0%	1.98B YoY+4.2%	1.90B YoY+3.0%
Share-based compensation	4.00B YoY+16.5%	3.43B YoY+16.7%	2.94B YoY+2.8%	2.86B YoY+3.4%	2.77B YoY+36.3%
Deferred income taxes	295M YoY+126.2%	-1.13B YoY-11.4%	-1.01B YoY-236.9%	739M YoY+188.2%	-838M YoY+51.8%
	-145B YoY-60.1%	-90.7B YoY-156.3%	-35.4B YoY-1299.2%	-2.53B YoY+99.2%	-313B YoY-76.3%
Other investing activities	4.33B YoY+4.5%	4.14B YoY-21.2%	5.26B YoY+14.0%	4.61B YoY+32.6%	3.48B YoY-0.3%
	69.9B YoY+15.9%	60.4B YoY-35.3%	93.3B YoY+188.0%	-106B YoY-136.4%	292B YoY-18.0%
Long-term debt issued	99.9B YoY+76.2%	56.7B YoY-13.3%	65.4B YoY-0.8%	65.9B YoY-14.0%	76.7B YoY+34.5%
Long-term debt repaid	76.0B YoY+8.0%	70.4B YoY+58.0%	44.6B YoY+30.9%	34.1B YoY-27.3%	46.8B YoY-2.3%
Common stock repurchased	21.4B YoY+63.6%	13.1B YoY+186.4%	4.58B YoY-9.8%	5.07B YoY-79.8%	25.1B YoY+257.7%
Other financing activities	-613M YoY-382.7%	-127M YoY+82.3%	-717M YoY-129.8%	-312M YoY+49.7%	-620M YoY-3.2%
FX effect on cash	4.33B YoY+213.0%	-3.83B YoY-5371.4%	-70.0M YoY+97.8%	-3.12B YoY+8.4%	-3.41B YoY-223.7%
Net change in cash	-58.3B YoY-35.6%	-43.0B YoY-141.8%	103B YoY+187.2%	-118B YoY-266.0%	-32.2B YoY-114.7%
Interest paid	79.1B YoY-11.8%	89.7B YoY+28.9%	69.6B YoY+275.7%	18.5B YoY+311.1%	4.51B YoY-48.0%
Income taxes paid	3.93B YoY+2.8%	3.82B YoY+12.2%	3.40B YoY+48.8%	2.29B YoY-17.1%	2.76B YoY-4.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	402B YoY+19.1%	337B YoY+26.6%	266B YoY+0.3%	266B YoY-27.0%	364B YoY+38.9%
P/E	13.2× YoY+5.3%	12.5× YoY+42.5%	8.8× YoY-9.7%	9.7× YoY-14.7%	11.4× YoY-22.3%
P/S	3.6× YoY+11.5%	3.2× YoY+20.4%	2.6× YoY-8.1%	2.9× YoY-29.6%	4.1× YoY+33.3%
P/B	1.3× YoY+15.5%	1.1× YoY+23.1%	0.9× YoY-5.6%	1.0× YoY-26.8%	1.3× YoY+40.3%
P/FCF	31.8×	—	6.2× YoY-83.0%	36.3×	—
Earnings yield	7.6% YoY-5.0%	8.0% YoY-29.8%	11.4% YoY+10.7%	10.3% YoY+17.3%	8.8% YoY+28.7%
FCF yield	3.1%	—	16.2% YoY+487.3%	2.8%	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: BAC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BAC filings on SEC EDGAR → Not investment advice.

BAC▼ financial statements

About this data

financial statements