BANK OF AMERICA CORP /DE/

BAC · XNYS

CIK 70858fmd_00W0FVHSAJJPBXC5D38D7YD33VFinance, Insurance and Real Estate · National Commercial BanksTemplate: Financials

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	51,057	57,579	66,769	71,236	51,585	47,672	72,565	130,262	146,607	138,566
Total revenues	83,701	87,126	91,020	91,244	85,528	89,113	94,950	102,769	105,856	113,097
Investment banking revenue	5,241	6,011	5,327	–	–	–	–	–	–	–
Rental revenue	–	–	–	891	931	930	941	945	931	942
Net interest income	41,096	45,239	48,162	48,891	43,360	42,934	52,462	56,931	56,060	60,096
Trading and principal transactions revenue	6,902	7,277	9,008	9,034	8,355	8,691	12,075	12,732	12,967	12,014
Provision for credit losses	3,597	3,396	3,282	3,590	11,320	(4,594)	2,543	4,394	5,821	5,675
Commissions and fees	13,349	13,836	14,160	–	–	–	–	–	–	–
Net interest income after provision	37,499	41,843	44,880	45,301	32,040	47,528	49,919	52,537	50,239	54,421
Non-interest income	42,605	41,887	42,858	42,353	42,168	46,179	42,488	45,838	49,796	53,001
Compensation and benefits	32,018	31,931	31,880	31,977	32,725	36,140	36,447	38,330	40,182	42,346
Non-interest expense	55,083	54,517	53,154	54,900	55,213	59,731	61,438	65,845	66,812	69,727
Interest expense	9,961	12,340	18,607	22,345	8,225	4,738	20,103	73,331	90,547	78,470
Income before taxes	25,021	29,213	34,584	32,754	18,995	33,976	30,969	32,530	33,223	37,695
Income tax expense	7,199	10,981	6,437	5,324	1,101	1,998	3,441	6,225	6,250	7,186
Net income from continuing operations	17,822	18,232	28,147	27,430	17,894	31,978	27,528	26,305	26,973	30,509
Net income	17,822	18,232	28,147	27,430	17,894	31,978	27,528	26,305	26,973	30,509
Net income to common shareholders	16,140	16,618	26,696	25,998	16,473	30,557	26,015	24,656	25,344	29,055