Bank of America income statement
In fiscal 2025, Bank of America reported revenue of $113.10bn, up 6.8% on the year before and net income of $30.51bn, or $3.81 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 119.6 | 110.2 | 93.5 | 83.3 | 88.9 | 85.9 | 83.0 | 83.7 | 87.1 | 91.0 | 91.2 | 85.5 | 89.1 | 95.0 | 102.8 | 105.9 | 113.1 | 120.2 |
| Interest expense | 30.8 | 24.0 | 21.6 | 16.7 | 12.8 | 10.9 | 10.5 | 10.0 | 12.3 | 18.6 | 22.3 | 8.2 | 4.7 | 20.1 | 73.3 | — | — | — |
| Net interest income | 47.1 | 51.5 | 44.6 | 40.7 | 42.3 | 40.8 | 39.0 | 41.1 | 45.2 | 48.2 | 48.9 | 43.4 | 42.9 | 52.5 | 56.9 | 56.1 | 60.1 | 63.9 |
| Non-interest income | 72.5 | 58.7 | 48.8 | 42.7 | 46.7 | 45.1 | 44.0 | 42.6 | 41.9 | 42.9 | 42.4 | 42.2 | 46.2 | 42.5 | 45.8 | 49.8 | 53.0 | 56.2 |
| Non-interest expense | 66.7 | 83.1 | 80.3 | 72.1 | 69.2 | 75.7 | 57.6 | 55.1 | 54.5 | 53.2 | 54.9 | 55.2 | 59.7 | 61.4 | 65.8 | 66.8 | 69.7 | 74.3 |
| Provision for credit losses | 48.6 | 28.4 | 13.4 | 8.2 | 3.6 | 2.3 | 3.2 | 3.6 | 3.4 | 3.3 | 3.6 | 10.6 | −4.2 | 2.5 | 4.7 | 5.9 | 5.6 | 5.2 |
| Income before tax | 4.4 | −1.3 | −0.2 | 3.1 | 16.2 | 8.0 | 22.2 | 25.0 | 29.2 | 34.6 | 32.8 | 19.0 | 34.0 | 31.0 | 32.5 | 33.2 | 37.7 | 40.6 |
| Income tax | −1.9 | 0.9 | −1.7 | −1.1 | 4.7 | 2.4 | 6.3 | 7.2 | 11.0 | 6.4 | 5.3 | 1.1 | 2.0 | 3.4 | 6.2 | 6.3 | 7.2 | 8.3 |
| Net income | 6.3 | −2.2 | 1.4 | 4.2 | 11.4 | 5.5 | 15.9 | 17.8 | 18.2 | 28.1 | 27.4 | 17.9 | 32.0 | 27.5 | 26.3 | 27.0 | 30.5 | 32.2 |
| Diluted EPS | −$0.29 | −$0.37 | $0.01 | $0.25 | $0.90 | $0.42 | $1.31 | $1.49 | $1.56 | $2.61 | $2.75 | $1.87 | $3.57 | $3.19 | $3.05 | $3.19 | $3.81 | $4.36 |
| Diluted shares (average) | 7,729m | 9,790m | 10,255m | 10,841m | 11,491m | 10,585m | 11,236m | 11,047m | 10,778m | 10,237m | 9,443m | 8,797m | 8,558m | 8,168m | 8,081m | 7,936m | 7,681m | 7,402m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29.3 | 28.2 | 27.4 | 29.0 | 28.4 | 30.3 | 31.6 | 30.0 |
| Net interest income | 14.4 | 14.4 | 14.7 | 15.2 | 15.8 | 15.7 | 16.0 | 16.4 |
| Non-interest income | 15.0 | 13.8 | 12.8 | 13.8 | 12.6 | 14.5 | 15.6 | 13.5 |
| Non-interest expense | 16.8 | 17.8 | 17.2 | 17.3 | 17.4 | 18.5 | 18.6 | 19.7 |
| Provision for credit losses | 1.5 | 1.5 | 1.6 | 1.3 | 1.2 | 1.4 | 1.4 | 1.2 |
| Income before tax | 11.1 | 9.0 | 8.7 | 10.4 | 9.6 | 10.4 | 11.6 | 9.0 |
| Income tax | 4.6 | 1.6 | 1.5 | 2.1 | 2.0 | 1.8 | 2.5 | 2.0 |
| Net income | 6.5 | 7.4 | 7.2 | 8.3 | 7.6 | 8.6 | 9.1 | 6.9 |
| Diluted EPS | $0.79 | $0.89 | $0.90 | $1.04 | $0.97 | $1.11 | $1.21 | $0.91 |
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