SequelSEC

BANK OF AMERICA CORP /DE/ BAC

National Commercial Banks · CIK 0000070858 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
$31.56B
Fiscal year ended 2026-06-30
Net income
$9.07B
Fiscal year ended 2026-06-30
Total assets
$3.50T
Fiscal year ended 2026-06-30

BANK OF AMERICA CORP /DE/ (BAC) reported revenue of $31.56B and net income of $9.07B for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from BANK OF AMERICA CORP /DE/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

BANK OF AMERICA CORP /DE/ income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$31.56B$30.27B$31.18B$28.09B$27.44B$28.25B$29.32B$25.34B$25.38B$25.82B
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$9.07B$8.58B$7.53B$8.47B$7.17B$7.36B$6.51B$6.90B$6.90B$6.67B
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 7.29Bshares 7.42BUnavailableshares 7.63Bshares 7.65Bshares 7.77BUnavailableshares 7.90Bshares 7.96Bshares 8.03B
Pretax income$11.56B$10.40B$12.44B$9.46B$8.67B$9.00B$11.08B$7.32B$7.56B$7.26B
Income tax expense$2.49B$1.82B$4.91B$987.00M$1.50B$1.64B$4.57B$428.00M$663.00M$588.00M
Diluted EPS$1.21$1.11Unavailable$1.06$0.90$0.89Unavailable$0.81$0.83$0.76
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

BANK OF AMERICA CORP /DE/ balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total assets$3.50T$3.50T$3.41T$3.40T$3.44T$3.35T$3.26T$3.32T$3.26T$3.27T
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$3.20T$3.20T$3.11T$3.10T$3.14T$3.05T$2.97T$3.03T$2.96T$2.98T
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$301.09B$300.67B$303.24B$304.15B$298.02B$293.95B$293.96B$296.51B$293.89B$293.55B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$69.02B$69.02B$69.02B$69.02B$69.02B$69.02B$69.02B$69.02B$69.02B$69.02B
Long-term debt$339.86B$325.96B$317.82B$311.48B$313.42B$304.15B$283.28B$296.93B$290.47B$296.35B
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

BANK OF AMERICA CORP /DE/ cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow$29.04B$41.77B-$22.94B$46.87B-$9.13B-$2.18B$25.91B-$37.28B$18.10B-$15.54B
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$16.76B-$66.45B-$1.17B$1.94B-$56.92B-$89.01B$9.41B-$27.26B-$1.52B-$71.32B
Financing cash flow-$24.73B$35.92B$10.05B-$67.99B$55.06B$72.83B-$36.77B$36.78B-$8.30B$68.66B
Net change in cash-$12.73B$10.63B-$14.66B-$19.50B-$7.57B-$16.54B-$5.48B-$25.04B$7.23B-$19.67B
Stock-based compensation$1.12B$1.03B$969.00M$1.02B$1.02B$999.00M$891.00M$832.00M$845.00M$865.00M
Common dividends paid$2.33B$2.63B$2.36B$2.45B$2.20B$2.55B$2.28B$2.49B$2.22B$2.52B
Common share repurchases$6.01B$7.24B$6.31B$5.30B$5.30B$4.52B$3.54B$3.53B$3.54B$2.50B
Depreciation & amortization$612.00M$605.00M$594.00M$584.00M$571.00M$565.00M$559.00M$549.00M$543.00M$538.00M

Derived

BANK OF AMERICA CORP /DE/ derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue3.5%3.4%3.1%3.6%3.7%3.5%3.0%3.3%3.3%3.4%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth15.0%7.2%6.4%10.8%8.1%9.4%12.1%0.7%0.7%-1.7%
Net margin28.8%28.4%24.1%30.2%26.1%26.1%22.2%27.2%27.2%25.9%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity1.13xUnavailable1.05x1.02xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate21.5%17.5%39.5%10.4%17.3%18.2%41.3%5.8%8.8%8.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BAC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-04-30View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.