BAC 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.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | 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+6.8% | 106B+3.0% | 103B+8.2% | 95.0B+6.6% | 89.1B+4.2% | ||
| Lease income | 942M+1.2% | 931M-1.5% | 945M+0.4% | 941M+1.2% | 930M-0.1% | |
| Noninterest income | 53.0B+6.4% | 49.8B+8.6% | 45.8B+7.9% | 42.5B-8.0% | 46.2B+9.5% | |
| Amortization of intangibles | 78.0M+0.0% | 78.0M+0.0% | 78.0M+0.0% | 78.0M+2.6% | 76.0M-20.0% | |
| Noninterest expense | 69.7B+4.4% | 66.8B+1.5% | 65.8B+7.2% | 61.4B+2.9% | 59.7B+8.2% | |
| Interest expense | — | — | 73.3B+264.8% | 20.1B+324.3% | 4.74B-42.4% | |
| Interest & investment income | 139B-5.5% | 147B+12.5% | 130B+79.5% | 72.6B+52.2% | 47.7B-7.6% | |
| Net interest income | 60.1B+7.2% | 56.1B-1.5% | 56.9B+8.5% | 52.5B+22.2% | 42.9B-1.0% | |
| Pre-tax income | 37.7B+13.5% | 33.2B+2.1% | 32.5B+5.0% | 31.0B-8.9% | 34.0B+78.9% | |
| Income tax | 7.19B+15.0% | 6.25B+0.4% | 6.22B+80.9% | 3.44B+72.2% | 2.00B+81.5% | |
| 30.5B+13.1% | 27.0B+2.5% | 26.3B-4.4% | 27.5B-13.9% | 32.0B+78.7% | ||
| Preferred dividends | 1.45B-10.7% | 1.63B-1.2% | 1.65B+9.0% | 1.51B+6.5% | 1.42B+0.0% | |
| Net income to common | 29.1B+14.6% | 25.3B+2.8% | 24.7B-5.2% | 26.0B-14.9% | 30.6B+85.5% | |
| $3.81+19.4% | $3.19+4.6% | $3.05-4.4% | $3.19-10.6% | $3.57+90.9% | ||
| EPS (basic) | $3.86+19.5% | $3.23+5.2% | $3.07-4.4% | $3.21-10.8% | $3.60+91.5% | |
| Weighted-avg shares (basic) | 7.52B-4.2% | 7.86B-2.2% | 8.03B-1.0% | 8.11B-4.5% | 8.49B-3.0% | |
| Weighted-avg shares (diluted) | 7.68B-3.2% | 7.94B-1.8% | 8.08B-1.1% | 8.17B-4.6% | 8.56B-2.7% | |
| Dividends per share | $1.08+8.0% | $1.00+8.7% | $0.92+7.0% | $0.86+10.3% | $0.78+8.3% | |
| 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-20.1% | 290B-12.9% | 333B+44.7% | 230B-33.9% | 348B-8.5% | |
| 3.41T+4.6% | 3.26T+2.6% | 3.18T+4.2% | 3.05T-3.7% | 3.17T+12.4% | ||
| Property, plant & equipment | 12.5B+2.9% | 12.2B+2.6% | 11.9B+3.0% | 11.5B+6.2% | 10.8B-1.5% | |
| Operating lease right-of-use | 8.39B-1.5% | 8.53B-6.8% | 9.15B-6.2% | 9.76B-4.7% | 10.2B+2.3% | |
| Goodwill | 69.0B+0.0% | 69.0B+0.0% | 69.0B-0.0% | 69.0B+0.0% | 69.0B+0.1% | |
| Intangible assets | 1.80B-10.0% | 2.00B+0.0% | 2.00B-4.8% | 2.10B-4.5% | 2.20B+0.0% | |
| 3.11T+4.8% | 2.97T+2.7% | 2.89T+4.0% | 2.78T-4.2% | 2.90T+13.9% | ||
| Long-term debt | 318B+12.2% | 283B-6.3% | 302B+9.5% | 276B-1.5% | 280B+6.5% | |
| Operating lease liability (total) | 9.09B-0.5% | 9.13B-6.6% | 9.78B-5.6% | 10.4B-4.6% | 10.9B+3.7% | |
| 303B+3.2% | 294B+1.3% | 290B+6.2% | 273B+1.2% | 270B-1.0% | ||
| Retained earnings | 262B+8.7% | 241B+7.2% | 225B+8.5% | 207B+10.1% | 188B+14.6% | |
| Accumulated other comprehensive income | -10.5B+31.1% | -15.3B+14.1% | -17.8B+15.9% | -21.2B-314.5% | -5.10B-208.2% | |
| Total liabilities & equity | 3.41T+4.6% | 3.26T+2.6% | 3.18T+4.2% | 3.05T-3.7% | 3.17T+12.4% | |
| Common shares issued | 7.21B-5.2% | 7.61B-3.6% | 7.90B-1.3% | 8.00B-1.0% | 8.08B-6.6% | |
| Common shares outstanding | 7.21B-5.2% | 7.61B-3.6% | 7.90B-1.3% | 8.00B-1.0% | 8.08B-6.6% | |
| Shares outstanding (cover) | 7.18B-5.6% | 7.60B-3.4% | 7.87B-1.6% | 8.00B-0.8% | 8.07B-6.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 12.6B+243.2% | -8.80B-119.6% | 45.0B+811.0% | -6.33B+12.0% | -7.19B-118.9% | ||
| Depreciation & amortization | 2.31B+5.7% | 2.19B+6.4% | 2.06B+4.0% | 1.98B+4.2% | 1.90B+3.0% | |
| Intangible amortization | 78.0M+0.0% | 78.0M+0.0% | 78.0M+0.0% | 78.0M+2.6% | 76.0M-20.0% | |
| Share-based compensation | 4.00B+16.5% | 3.43B+16.7% | 2.94B+2.8% | 2.86B+3.4% | 2.77B+36.3% | |
| Deferred income taxes | 295M+126.2% | -1.13B-11.4% | -1.01B-236.9% | 739M+188.2% | -838M+51.8% | |
| -145B-60.1% | -90.7B-156.3% | -35.4B-1299.2% | -2.53B+99.2% | -313B-76.3% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 4.33B+4.5% | 4.14B-21.2% | 5.26B+14.0% | 4.61B+32.6% | 3.48B-0.3% | |
| 69.9B+15.9% | 60.4B-35.3% | 93.3B+188.0% | -106B-136.4% | 292B-18.0% | ||
| Long-term debt issued | 99.9B+76.2% | 56.7B-13.3% | 65.4B-0.8% | 65.9B-14.0% | 76.7B+34.5% | |
| Long-term debt repaid | 76.0B+8.0% | 70.4B+58.0% | 44.6B+30.9% | 34.1B-27.3% | 46.8B-2.3% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 21.4B+63.6% | 13.1B+186.4% | 4.58B-9.8% | 5.07B-79.8% | 25.1B+257.7% | |
| Dividends paid | 9.56B+0.6% | 9.50B+4.6% | 9.09B+6.0% | 8.58B+6.5% | 8.05B+4.2% | |
| Other financing activities | -613M-382.7% | -127M+82.3% | -717M-129.8% | -312M+49.7% | -620M-3.2% | |
| FX effect on cash | 4.33B+213.0% | -3.83B-5371.4% | -70.0M+97.8% | -3.12B+8.4% | -3.41B-223.7% | |
| Net change in cash | -58.3B-35.6% | -43.0B-141.8% | 103B+187.2% | -118B-266.0% | -32.2B-114.7% | |
| Interest paid | 79.1B-11.8% | 89.7B+28.9% | 69.6B+275.7% | 18.5B+311.1% | 4.51B-48.0% | |
| Income taxes paid | 3.93B+2.8% | 3.82B+12.2% | 3.40B+48.8% | 2.29B-17.1% | 2.76B-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 | 395B+18.1% | 334B+25.4% | 266B+0.3% | 266B-26.0% | 359B+37.2% | |
| P/E | 12.9×+4.4% | 12.4×+41.8% | 8.7×-9.9% | 9.7×-13.7% | 11.2×-23.2% | |
| P/S | 3.5×+10.5% | 3.2×+19.9% | 2.6×-8.3% | 2.9×-28.7% | 4.0×+31.7% | |
| P/B | 1.3×+14.5% | 1.1×+22.5% | 0.9×-5.8% | 1.0×-25.8% | 1.3×+38.7% | |
| Earnings yield | 7.7%-4.2% | 8.1%-29.5% | 11.4%+11.0% | 10.3%+15.8% | 8.9%+30.2% | |
| Dividend yield | 2.0%-13.7% | 2.3%-16.7% | 2.7%+5.2% | 2.6%+48.1% | 1.8%-26.2% | |
| 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.
