• Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Profitability
  • Ratios

Bank of America Corporation's Income Statement

  Chart 2021 2022 2023 2024 2025
Revenue
$93.85 B $115.05 B $171.91 B $192.43 B $188.75 B
Cost of Revenue
$144.00 M $22.65 B $77.73 B $96.37 B $84.15 B
Gross Profit
$93.71 B $92.41 B $94.19 B $96.07 B $104.61 B
Research & Development
- - - - -
Selling,General & Administrative
$45.05 B $45.95 B $47.72 B $49.62 B $61.40 B
Operating Expense
$59.73 B $61.44 B $65.85 B $66.81 B $69.73 B
Operating Income
$33.98 B $30.97 B $28.34 B $29.25 B $34.88 B
Net Income
$31.98 B $27.53 B $26.52 B $27.13 B $30.63 B

Bank of America Corporation's Balance Sheet

Chart 2021 2022 2023 2024 2025
Cash and Cash Equivalents
$654.54 B $458.25 B $608.07 B $642.92 B $963.73 B
Inventories
- - - - -
Total Current Assets
$741.56 B $539.39 B $704.77 B $740.84 B $1.07 T
Property,Plant and Equipment
$10.83 B $11.51 B $11.86 B $12.17 B $12.52 B
Goodwill
$69.02 B $69.02 B $69.02 B $69.02 B $69.02 B
Total Assets
$3.17 T $3.05 T $3.18 T $3.26 T $3.41 T
Total Liabilities
$2.90 T $2.78 T $2.89 T $2.97 T $3.11 T
Retained Earnings
$188.06 B $207.00 B $224.67 B $242.35 B $261.69 B
Total Shareholder Equity
$270.07 B $273.20 B $291.65 B $295.56 B $303.24 B
Common Stock
$62.40 B $58.95 B $56.37 B $45.34 B $26.08 B

Bank of America Corporation's Cash flow

Chart 2020 2021 2022 2023 2024
Depreciation & Amortization
$1.84 B $1.90 B $1.98 B $2.06 B $2.19 B
Dividends Payout
-$7.73 B -$8.06 B -$8.58 B -$9.09 B -$9.50 B
Capital Expenditures (Capex)
- - - - -
Free Cash Flow (FCF)
$37.99 B -$7.19 B -$6.33 B $44.98 B -$8.81 B

Bank of America Corporation's Profitability

Chart 2021 2022 2023 2024 2025
Gross Profit
$93.71 B $92.41 B $94.19 B $96.07 B $104.61 B
Gross Profit Margin (%)
99.85% 80.32% 54.79% 49.92% 55.42%
Operating Income
$33.98 B $30.97 B $28.34 B $29.25 B $34.88 B
Operating Income Margin (%)
36.20% 26.92% 16.49% 15.20% 18.48%
Net Income
$31.98 B $27.53 B $26.52 B $27.13 B $30.63 B
Net Income Margin (%)
34.07% 23.93% 15.42% 14.10% 16.23%
EBITDA
$35.87 B $32.95 B $30.40 B $31.44 B $36.61 B
EBITDA Margin (%)
38.22% 28.64% 17.68% 16.34% 19.40%

Bank of America Corporation's Ratios

Chart 2021 2022 2023 2024 2025
Return on Equity (ROE)
11.84% 10.08% 9.09% 9.18% -
Return on Assets (ROA)
1.01% 0.90% 0.83% 0.83% -
Debt to Equity
183.73% 182.49% 211.97% 222.77% 120.66%
Debt to total asset
15.66% 16.34% 19.44% 20.19% 10.73%
Enterprise value to revenue
5.53 4.60 3.18 3.65 0.00
Enterprise value to EBITDA
14.46 16.08 18.00 22.33 0.00
Enterprise value
$518.70 B $529.81 B $547.09 B $702.04 B $134.06 B
Tax Rate (%)
5.88% 11.11% 6.45% 7.25% 12.20%

Frequently Asked Questions

What is Bank of America Corporation's revenue?

In fiscal year 2025, Bank of America Corporation generated a total revenue of $188.75 Billion.

What is Bank of America Corporation's net income and net income margin?

In fiscal year 2025, Bank of America Corporation earned a net income of $30.63 Billion, with a net income margin of 16.23%.

What is Bank of America Corporation's gross profit and gross profit margin?

In fiscal year 2025, Bank of America Corporation's gross profit was $104.61 Billion, with a gross profit margin of 55.42%.

What is Bank of America Corporation's operating profit and operating profit margin?

In fiscal year 2025, Bank of America Corporation's operating profit was $34.88 Billion, with an operating profit margin of 18.48%.

What is Bank of America Corporation's EBITDA?

In fiscal year 2025, Bank of America Corporation's EBITDA was $36.61 Billion.

What is Bank of America Corporation's free cash flow?

In fiscal year 2024, Bank of America Corporation's free cash flow was -$8.81 Billion.

What are Bank of America Corporation's total asset and total liability?

In fiscal year 2025, Bank of America Corporation's total asset was $3.41 Trillion, while its total liability was $3.11 Trillion.

What are Bank of America Corporation's capital expenditure (capex) and operating expense (opex)?

In fiscal year 2025, Bank of America Corporation's capital expenditure (capex) was -, while its operating expense (opex) was $69.73 Billion.

What is Bank of America Corporation's Return on Equity (ROE)?

In fiscal year 2025, Bank of America Corporation's Return on Equity (ROE) was 0.00%.

What was Bank of America Corporation's income tax expense, and what is its effective tax rate?

In fiscal year 2025, Bank of America Corporation's income tax expense amounted to $4.25 Billion, with an effective tax rate of 12.20%.

What is Bank of America Corporation's Market cap?

As of , Bank of America Corporation's market cap is .

What is Bank of America Corporation's Enterprise value?

Bank of America Corporation's enterprise value reached $134.06 Billion, according to its recent quarterly filing.