Bank of America Corporation's Revenue

  • Bank of America Corporation's annual revenue was $192.43 B in fiscal year 2024. The annual revenue increased $20.52 B from $171.91 B (in 2023) to $192.43 B (in 2024), representing a 11.94% year-over-year growth.

  • Bank of America Corporation's quarterly revenue was $46.99 B in the quarter ending Mar 2025. The quarterly revenue decreased -$1.08 B from $48.07 B (in Q1: Dec 2024) to $46.99 B (in Q1: Dec 2025), representing a -2.25% year-over-year decline.

  • Over the past 10 years (2015 - 2024):
  • The highest annual revenue for Bank of America Corporation was $192.43 B in fiscal year 2024.
  • The lowest annual revenue was $93.51 B in fiscal year 2015.
  • The average revenue was $117.69 B.

  • Learn more about Bank of America Corporation's Revenue by Segment and Revenue by Region.

    Check out competitors to Bank of America Corporation in a side-by-side comparison.

    Explore additional financial metrics for Bank of America Corporation.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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2024

Bank of America Corporation's annual revenue was $192.43 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $48.07 B(Q1: Mar 2024), $48.53 B(Q2: Jun 2024), $48.87 B(Q3: Sep 2024), $46.97 B(Q4: Dec 2024) in fiscal year 2024.

2023

Bank of America Corporation's annual revenue was $171.91 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $40.47 B(Q1: Mar 2023), $43.39 B(Q2: Jun 2023), $44.41 B(Q3: Sep 2023), $43.64 B(Q4: Dec 2023) in fiscal year 2023.

2022

Bank of America Corporation's annual revenue was $115.05 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $24.55 B(Q1: Mar 2022), $25.22 B(Q2: Jun 2022), $30.36 B(Q3: Sep 2022), $34.93 B(Q4: Dec 2022) in fiscal year 2022.

2021

Bank of America Corporation's annual revenue was $93.85 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $24.02 B(Q1: Mar 2021), $22.62 B(Q2: Jun 2021), $24.01 B(Q3: Sep 2021), $23.20 B(Q4: Dec 2021) in fiscal year 2021.

2020

Bank of America Corporation's annual revenue was $93.75 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $26.74 B(Q1: Mar 2020), $24.02 B(Q2: Jun 2020), $21.69 B(Q3: Sep 2020), $21.31 B(Q4: Dec 2020) in fiscal year 2020.

2019

Bank of America Corporation's annual revenue was $113.59 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $28.80 B(Q1: Mar 2019), $29.12 B(Q2: Jun 2019), $28.54 B(Q3: Sep 2019), $27.14 B(Q4: Dec 2019) in fiscal year 2019.

2018

Bank of America Corporation's annual revenue was $109.63 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $26.90 B(Q1: Mar 2018), $27.09 B(Q2: Jun 2018), $27.63 B(Q3: Sep 2018), $28.27 B(Q4: Dec 2018) in fiscal year 2018.

2017

Bank of America Corporation's annual revenue was $99.47 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $24.90 B(Q1: Mar 2017), $25.99 B(Q2: Jun 2017), $25.34 B(Q3: Sep 2017), $24.04 B(Q4: Dec 2017) in fiscal year 2017.

2016

Bank of America Corporation's annual revenue was $93.66 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $23.31 B(Q1: Mar 2016), $23.74 B(Q2: Jun 2016), $24.04 B(Q3: Sep 2016), $22.56 B(Q4: Dec 2016) in fiscal year 2016.

2015

Bank of America Corporation's annual revenue was $93.51 B in fiscal year 2024.

Bank of America Corporation's quarterly revenue was $23.43 B(Q1: Mar 2015), $24.60 B(Q2: Jun 2015), $23.49 B(Q3: Sep 2015), $22.39 B(Q4: Dec 2015) in fiscal year 2015.

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2014 0
2015 -3.42
2016 +0.16
2017 +6.20
2018 +10.22
2019 +3.61
2020 -17.46
2021 +0.10
2022 +22.59
2023 +49.42
2024 +11.94

2024

Bank of America Corporation’s annual revenue increased +11.94% during fiscal year 2024 compared to 2023. It represents a growth of $20.52 B from $171.91 B (in 2023) to $192.43 B (in 2024).

2023

Bank of America Corporation’s annual revenue increased +49.42% during fiscal year 2023 compared to 2022. It represents a growth of $56.86 B from $115.05 B (in 2022) to $171.91 B (in 2023).

2022

Bank of America Corporation’s annual revenue increased +22.59% during fiscal year 2022 compared to 2021. It represents a growth of $21.20 B from $93.85 B (in 2021) to $115.05 B (in 2022).

2021

Bank of America Corporation’s annual revenue increased +0.10% during fiscal year 2021 compared to 2020. It represents a growth of $98.00 M from $93.75 B (in 2020) to $93.85 B (in 2021).

2020

Bank of America Corporation’s annual revenue decreased -17.46% during fiscal year 2020 compared to 2019. It represents a decline of -$19.84 B from $113.59 B (in 2019) to $93.75 B (in 2020).

2019

Bank of America Corporation’s annual revenue increased +3.61% during fiscal year 2019 compared to 2018. It represents a growth of $3.96 B from $109.63 B (in 2018) to $113.59 B (in 2019).

2018

Bank of America Corporation’s annual revenue increased +10.22% during fiscal year 2018 compared to 2017. It represents a growth of $10.16 B from $99.47 B (in 2017) to $109.63 B (in 2018).

2017

Bank of America Corporation’s annual revenue increased +6.20% during fiscal year 2017 compared to 2016. It represents a growth of $5.80 B from $93.66 B (in 2016) to $99.47 B (in 2017).

2016

Bank of America Corporation’s annual revenue increased +0.16% during fiscal year 2016 compared to 2015. It represents a growth of $148.00 M from $93.51 B (in 2015) to $93.66 B (in 2016).

2015

Bank of America Corporation’s annual revenue decreased -3.42% during fiscal year 2015 compared to 2014. It represents a decline of -$3.32 B from $96.83 B (in 2014) to $93.51 B (in 2015).

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Summary Table (Annual)

Period Revenue Year-over-Year Change
2024 $192.43 B +11.94%
2023 $171.91 B +49.42%
2022 $115.05 B +22.59%
2021 $93.85 B +0.10%
2020 $93.75 B -17.46%
2019 $113.59 B +3.61%
2018 $109.63 B +10.22%
2017 $99.47 B +6.20%
2016 $93.66 B +0.16%
2015 $93.51 B -3.42%

Summary Table (Quarterly)

Period Revenue Year-over-Year Change
Q1: Mar 25 $46.99 B -2.25%
Q4: Dec 24 $46.97 B 7.61%
Q3: Sep 24 $48.87 B 10.04%
Q2: Jun 24 $48.53 B 11.84%
Q1: Mar 24 $48.07 B 18.80%
Q4: Dec 23 $43.64 B 24.96%
Q3: Sep 23 $44.41 B 46.29%
Q2: Jun 23 $43.39 B 72.06%
Q1: Mar 23 $40.47 B 64.83%
Q4: Dec 22 $34.93 B 50.52%
Q3: Sep 22 $30.36 B 26.45%
Q2: Jun 22 $25.22 B 11.49%
Q1: Mar 22 $24.55 B 2.21%
Q4: Dec 21 $23.20 B 8.90%
Q3: Sep 21 $24.01 B 10.67%
Q2: Jun 21 $22.62 B -5.82%
Q1: Mar 21 $24.02 B -10.16%
Q4: Dec 20 $21.31 B -21.48%
Q3: Sep 20 $21.69 B -23.98%
Q2: Jun 20 $24.02 B -17.52%
Q1: Mar 20 $26.74 B -7.17%
Q4: Dec 19 $27.14 B -4.01%
Q3: Sep 19 $28.54 B 3.29%
Q2: Jun 19 $29.12 B 7.49%
Q1: Mar 19 $28.80 B 7.06%
Q4: Dec 18 $28.27 B 17.59%
Q3: Sep 18 $27.63 B 9.05%
Q2: Jun 18 $27.09 B 4.24%
Q1: Mar 18 $26.90 B 8.03%
Q4: Dec 17 $24.04 B 6.55%
Q3: Sep 17 $25.34 B 5.37%
Q2: Jun 17 $25.99 B 9.46%
Q1: Mar 17 $24.90 B 6.81%
Q4: Dec 16 $22.56 B 0.79%
Q3: Sep 16 $24.04 B 2.37%
Q2: Jun 16 $23.74 B -3.49%
Q1: Mar 16 $23.31 B -0.48%
Q4: Dec 15 $22.39 B 5.29%
Q3: Sep 15 $23.49 B -1.47%
Q2: Jun 15 $24.60 B 1.16%
Q1: Mar 15 $23.43 B -4.90%