BANK OF AMERICA CORP /DE/'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), BANK OF AMERICA CORP /DE/ reported revenue of $113.1B (+11.0% year on year) and net income of $30.5B (+12.4% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest income | $138.6B | $146.6B | $130.3B | $72.6B |
| Interest expense | $78.5B | $90.5B | $73.3B | $20.1B |
| Net interest income | $60.1B | $56.1B | $56.9B | $52.5B |
| Fees and commissions | $39.4B | $36.3B | $32.0B | $33.2B |
| Market making and similar activities | $12.0B | $13.0B | $12.7B | $12.1B |
| Other income (loss) | $1.6B | ($3.4B) | ($3.1B) | ($2.8B) |
| Total noninterest income | $53.0B | $45.8B | $41.6B | $42.5B |
| Total revenue, net of interest expense | $113.1B | $101.9B | $98.6B | $95.0B |
| Provision for credit losses | $5.7B | $5.8B | $4.4B | $2.5B |
| Compensation and benefits | $42.3B | $40.2B | $38.3B | $36.4B |
| Information processing and communications | $7.5B | $7.2B | $6.7B | $6.3B |
| Occupancy and equipment | $7.4B | $7.3B | $7.2B | $7.1B |
| Product delivery and transaction related | $3.9B | $3.5B | $3.6B | $3.7B |
| Professional fees | $2.6B | $2.7B | $2.2B | $2.1B |
| Marketing | $2.2B | $2.0B | $1.9B | $1.8B |
| Other general operating | $3.8B | $4.0B | $6.0B | $4.0B |
| Total noninterest expense | $69.7B | $66.8B | $65.8B | $61.4B |
| Income before income taxes | $37.7B | $29.3B | $28.3B | $31.0B |
| Income tax expense | $7.2B | $2.1B | $1.8B | $3.4B |
| Net income | $30.5B | $27.1B | $26.5B | $27.5B |
| Preferred stock dividends | $1.5B | $1.6B | $1.6B | $1.5B |
| Net income applicable to common shareholders | $29.1B | $25.5B | $24.9B | $26.0B |
| Earnings (in dollars per share) | $3.86 | $3.25 | $3.10 | $3.21 |
| Diluted earnings (in dollars per share) | $3.81 | $3.21 | $3.08 | $3.19 |
| Average common shares issued and outstanding (in shares) | 7.5B | 7.9B | 8.0B | 8.1B |
| Average diluted common shares issued and outstanding (in shares) | 7.7B | 7.9B | 8.1B | 8.2B |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest income | $33.8B | $33.4B | $35.4B | $34.9B |
| Interest expense | $17.8B | $17.6B | $20.1B | $20.2B |
| Net interest income | $16.0B | $15.7B | $15.2B | $14.7B |
| Fees and commissions | $11.1B | $10.5B | $10.3B | $9.5B |
| Market making and similar activities | $4.2B | $3.6B | $3.2B | $3.2B |
| Other income (loss) | $304.0M | $341.0M | ($685.0M) | ($829.0M) |
| Total noninterest income | $15.6B | $14.5B | $12.9B | $11.8B |
| Total revenue, net of interest expense | $31.6B | $30.3B | $28.1B | $26.5B |
| Provision for credit losses | $1.4B | $1.3B | $1.3B | $1.6B |
| Compensation and benefits | $11.0B | $11.3B | $10.5B | $10.3B |
| Information processing and communications | $1.9B | $2.0B | $1.8B | $1.8B |
| Occupancy and equipment | $1.9B | $1.9B | $1.9B | $1.8B |
| Product delivery and transaction related | $1.3B | $1.1B | $1.0B | $974.0M |
| Professional fees | $573.0M | $583.0M | $606.0M | $640.0M |
| Marketing | $736.0M | $533.0M | $572.0M | $563.0M |
| Other general operating | $1.2B | $1.0B | $912.0M | $1.0B |
| Total noninterest expense | $18.6B | $18.5B | $17.3B | $17.2B |
| Income before income taxes | $11.6B | $10.4B | $9.5B | $7.7B |
| Income tax expense | $2.5B | $1.8B | $987.0M | $572.0M |
| Net income | $9.1B | $8.6B | $8.5B | $7.1B |
| Preferred stock dividends and other | $326.0M | $429.0M | $429.0M | $291.0M |
| Net income applicable to common shareholders | $8.7B | $8.2B | $8.0B | $6.8B |
| Earnings (in dollars per share) | $1.22 | $1.12 | $1.08 | $0.90 |
| Diluted earnings (in dollars per share) | $1.21 | $1.11 | $1.06 | $0.89 |
| Average common shares issued and outstanding (in shares) | 7.2B | 7.3B | 7.5B | 7.6B |
| Average diluted common shares issued and outstanding (in shares) | 7.3B | 7.4B | 7.6B | 7.7B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $28.6B | $26.0B | $27.9B | $30.3B |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | $203.3B | $264.1B | $305.2B | $199.9B |
| Cash and cash equivalents | $231.8B | $290.1B | $333.1B | $230.2B |
| Time deposits placed and other short-term investments | $7.5B | $6.4B | $8.3B | $7.3B |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $185,491 and $144,501 measured at fair value) | $316.6B | $274.7B | $280.6B | $267.6B |
| Trading account assets (includes $185,869 and $170,328 pledged as collateral) | $367.0B | $314.5B | $277.4B | $296.1B |
| Derivative assets | $40.9B | $40.9B | $39.3B | $48.6B |
| Carried at fair value | $403.0B | $358.6B | $276.9B | $230.0B |
| Held-to-maturity, at cost (fair value $442,430 and $450,548) | $522.7B | $558.7B | $594.6B | $632.8B |
| Total debt securities | $925.6B | $917.3B | $871.4B | $862.8B |
| Loans and leases (includes $3,498 and $4,249 measured at fair value) | $1.2T | $1.1T | $1.1T | $1.0T |
| Allowance for loan and lease losses | ($13.2B) | ($13.2B) | ($13.3B) | ($12.7B) |
| Loans and leases, net of allowance | $1.2T | $1.1T | $1.0T | $1.0T |
| Premises and equipment, net | $12.5B | $12.2B | $11.9B | $11.5B |
| Goodwill | $69.0B | $69.0B | $69.0B | $69.0B |
| Loans held-for-sale (includes $2,271 and $2,214 measured at fair value) | $5.2B | $9.5B | $6.0B | $6.9B |
| Customer and other receivables | $98.2B | $82.2B | $81.9B | $67.5B |
| Other assets (includes $9,058 and $13,176 measured at fair value) | $165.0B | $162.1B | $160.9B | $150.8B |
| Total assets | $3.4T | $3.3T | $3.2T | $3.1T |
| Noninterest-bearing | $517.8B | $507.6B | $530.6B | $640.7B |
| Interest-bearing (includes $1,223 and $310 measured at fair value) | $1.4T | $1.3T | $1.3T | $1.2T |
| Noninterest-bearing | $14.2B | $16.3B | $16.4B | $20.5B |
| Interest-bearing | $125.5B | $112.6B | $102.9B | $86.5B |
| Total deposits | $2.0T | $2.0T | $1.9T | $1.9T |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $223,067 and $192,859 measured at fair value) | $344.7B | $331.8B | $283.9B | $195.6B |
| Trading account liabilities | $106.0B | $92.5B | $95.5B | $80.4B |
| Derivative liabilities | $42.1B | $39.4B | $43.4B | $44.8B |
| Short-term borrowings (includes $8,051 and $6,245 measured at fair value) | $48.1B | $43.4B | $32.1B | $26.9B |
| Accrued expenses and other liabilities (includes $8,996 and $13,199 measured at fair value and $1,177 and $1,096 of reserve for unfunded lending commitments) | $231.1B | $210.2B | $207.5B | $224.1B |
| Long-term debt (includes $72,591 and $50,005 measured at fair value) | $317.8B | $283.3B | $302.2B | $276.0B |
| All other liabilities (includes $18 and $21 of non-recourse liabilities) | $18.0M | $21.0M | $19.0M | $13.0M |
| Total liabilities | $3.1T | $3.0T | $2.9T | $2.8T |
| Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,991,164 and 3,877,917 shares | 26.0B | 23.2B | — | — |
| Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,212,464,345 and 7,610,862,311 shares | 26.1B | 45.3B | 56.4B | 59.0B |
| Retained earnings | $261.7B | $242.3B | $224.7B | $207.0B |
| Accumulated other comprehensive income (loss) | ($10.5B) | ($15.3B) | ($17.8B) | ($21.2B) |
| Total shareholders’ equity | $303.2B | $295.6B | $291.6B | $273.2B |
| Total liabilities and shareholders’ equity | $3.4T | $3.3T | $3.2T | $3.1T |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $28.1B | $27.1B | $25.4B | $26.7B |
| Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks | $201.6B | $215.4B | $221.2B | $239.3B |
| Cash and cash equivalents | $229.7B | $242.5B | $246.5B | $266.0B |
| Time deposits placed and other short-term investments | $9.4B | $7.4B | $8.2B | $9.4B |
| Federal funds sold and securities borrowed or purchased under agreements to resell (includes $217,206 and $185,491 measured at fair value) | $412.4B | $383.3B | $325.8B | $352.4B |
| Trading account assets (includes $178,949 and $185,869 pledged as collateral) | $358.7B | $364.2B | $335.6B | $356.6B |
| Derivative assets | $45.3B | $48.3B | $42.1B | $42.7B |
| Carried at fair value | $363.4B | $386.4B | $404.6B | $388.9B |
| Held-to-maturity, at amortized cost (fair value $423,734 and $442,430) | $505.8B | $514.7B | $531.4B | $541.3B |
| Total debt securities | $869.2B | $901.1B | $936.0B | $930.2B |
| Loans and leases (includes $3,359 and $3,498 measured at fair value) | $1.2T | $1.2T | $1.2T | $1.1T |
| Allowance for loan and lease losses | ($13.1B) | ($13.1B) | ($13.3B) | ($13.3B) |
| Loans and leases, net of allowance | $1.2T | $1.2T | $1.2T | $1.1T |
| Premises and equipment, net | $12.8B | $12.5B | $12.3B | $12.3B |
| Goodwill | $69.0B | $69.0B | $69.0B | $69.0B |
| Loans held-for-sale (includes $3,842 and $2,271 measured at fair value) | $6.5B | $10.9B | $6.8B | $5.4B |
| Customer and other receivables | $106.3B | $96.1B | $99.9B | $94.0B |
| Other assets (includes $7,311 and $9,058 measured at fair value) | $175.2B | $168.9B | $168.8B | $169.4B |
| Total assets | $3.5T | $3.5T | $3.4T | $3.4T |
| Noninterest-bearing | $530.0B | $529.2B | $510.2B | $514.5B |
| Interest-bearing (includes $1,828 and $1,223 measured at fair value) | $1.4T | $1.4T | $1.4T | $1.4T |
| Noninterest-bearing | $14.4B | $14.9B | $14.7B | $14.4B |
| Interest-bearing | $123.3B | $120.6B | $122.9B | $119.2B |
| Total deposits | $2.0T | $2.0T | $2.0T | $2.0T |
| Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $223,698 and $223,067 measured at fair value) | $332.2B | $353.0B | $342.6B | $399.5B |
| Trading account liabilities | $123.2B | $129.8B | $117.3B | $107.4B |
| Derivative liabilities | $42.6B | $43.9B | $40.2B | $41.7B |
| Short-term borrowings (includes $11,431 and $8,051 measured at fair value) | $60.0B | $57.6B | $54.2B | $47.9B |
| Accrued expenses and other liabilities (includes $4,830 and $8,996 measured at fair value and $1,150 and $1,177 of reserve for unfunded lending commitments) | $275.2B | $247.5B | $231.6B | $220.0B |
| Long-term debt (includes $84,797 and $72,591 measured at fair value) | $339.9B | $326.0B | $311.5B | $313.4B |
| All other liabilities (includes $20 and $18 of non-recourse liabilities) | $20.0M | $21.0M | $22.0M | $23.0M |
| Total liabilities | $3.2T | $3.2T | $3.1T | $3.1T |
| Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,951,164 and 3,991,164 shares | 25.0B | 25.0B | 26.0B | 23.5B |
| Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,017,967,460 and 7,212,464,345 shares | 13.6B | 18.9B | 31.8B | 36.4B |
| Retained earnings | $274.5B | $267.8B | $258.1B | $252.2B |
| Accumulated other comprehensive income (loss) | ($12.0B) | ($11.0B) | ($11.7B) | ($12.5B) |
| Total shareholders’ equity | $301.1B | $300.7B | $304.2B | $299.6B |
| Total liabilities and shareholders’ equity | $3.5T | $3.5T | $3.4T | $3.4T |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $30.5B | $27.1B | $26.5B | $27.5B |
| Provision for credit losses | $5.7B | $5.8B | $4.4B | $2.5B |
| Losses on sales of debt securities | $20.0M | $29.0M | $405.0M | ($32.0M) |
| Depreciation and amortization | $2.3B | $2.2B | $2.1B | $2.0B |
| Net accretion of discount/premium on debt securities | ($859.0M) | ($330.0M) | ($397.0M) | $2.1B |
| Deferred income taxes | $295.0M | ($1.7B) | ($2.0B) | $739.0M |
| Amortization of stock-based compensation | $4.0B | $3.4B | $2.9B | $2.9B |
| Trading and derivative assets/liabilities | ($35.0B) | ($45.5B) | $44.4B | ($95.8B) |
| Loans held-for-sale | $4.2B | — | — | — |
| Other assets | ($19.6B) | ($4.5B) | ($23.9B) | $20.8B |
| Accrued expenses and other liabilities | $17.3B | $1.4B | ($17.7B) | $23.0B |
| Other operating activities, net | $3.7B | $7.5B | $7.7B | $1.2B |
| Net cash provided by (used in) operating activities | $12.6B | ($8.8B) | $45.0B | ($6.3B) |
| Time deposits placed and other short-term investments | ($1.1B) | $2.0B | ($1.1B) | ($115.0M) |
| Federal funds sold and securities borrowed or purchased under agreements to resell | ($45.9B) | $8.4B | ($13.1B) | ($16.9B) |
| Proceeds from sales | $129.8B | $69.9B | $101.2B | $69.1B |
| Proceeds from paydowns and maturities | $100.3B | $237.9B | $148.7B | $110.2B |
| Purchases | ($263.5B) | ($390.9B) | ($291.0B) | ($135.0B) |
| Proceeds from paydowns and maturities | $34.8B | $34.6B | $37.0B | $63.9B |
| Purchases | $0 | $0 | ($98.0M) | ($24.1B) |
| Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities | $9.6B | $9.6B | $11.1B | $26.8B |
| Purchases | ($14.3B) | ($5.5B) | ($5.4B) | ($5.8B) |
| Other changes in loans and leases, net | ($90.5B) | ($52.6B) | ($17.5B) | ($86.0B) |
| Other investing activities, net | ($4.3B) | ($4.1B) | ($5.3B) | ($4.6B) |
| Net cash used in investing activities | ($145.2B) | ($90.7B) | ($35.4B) | ($2.5B) |
| Deposits | $53.3B | $41.6B | ($6.5B) | ($134.2B) |
| Federal funds purchased and securities loaned or sold under agreements to repurchase | $16.9B | $47.9B | $88.3B | $3.3B |
| Short-term borrowings | $4.7B | $12.6B | $5.2B | $3.2B |
| Proceeds from issuance | $99.9B | $56.7B | $65.4B | $65.9B |
| Retirement | ($76.0B) | ($70.4B) | ($44.6B) | ($34.1B) |
| Proceeds from issuance | $5.5B | $0 | $0 | $4.4B |
| Redemption | ($2.7B) | ($5.3B) | $0 | ($654.0M) |
| Common stock repurchased | ($21.4B) | ($13.1B) | ($4.6B) | ($5.1B) |
| Cash dividends paid | ($9.6B) | ($9.5B) | ($9.1B) | ($8.6B) |
| Other financing activities, net | ($613.0M) | ($127.0M) | ($717.0M) | ($312.0M) |
| Net cash provided by financing activities | $69.9B | $60.4B | $93.3B | ($106.0B) |
| Effect of exchange rate changes on cash and cash equivalents | $4.3B | ($3.8B) | ($70.0M) | ($3.1B) |
| Net increase (decrease) in cash and cash equivalents | ($58.3B) | ($43.0B) | $102.9B | ($118.0B) |
| Cash and cash equivalents at January 1 | $290.1B | $333.1B | $230.2B | $348.2B |
| Cash and cash equivalents at December 31 | $231.8B | $290.1B | $333.1B | $230.2B |
| Interest paid | $79.1B | $89.7B | $69.6B | $18.5B |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $17.7B | $8.6B | $23.0B | $14.5B |
| Provision for credit losses | $2.7B | $1.3B | $4.4B | $3.1B |
| (Gains) losses on sales of debt securities | ($19.0M) | ($3.0M) | $23.0M | $20.0M |
| Depreciation and amortization | $1.2B | $605.0M | $1.7B | $1.1B |
| Net accretion of discount/premium on debt securities | ($305.0M) | ($200.0M) | ($664.0M) | ($146.0M) |
| Deferred income taxes | $612.0M | $101.0M | ($255.0M) | ($260.0M) |
| Amortization of stock-based compensation | $2.1B | $1.0B | $3.0B | $2.0B |
| Trading and derivative assets/liabilities | $23.1B | $20.2B | $4.7B | ($25.8B) |
| Loans held-for-sale | ($1.5B) | ($5.8B) | $2.7B | $4.1B |
| Other assets | ($17.9B) | $1.1B | ($24.5B) | ($19.2B) |
| Accrued expenses and other liabilities | $41.7B | $14.5B | $20.2B | $9.6B |
| Other operating activities, net | $1.4B | $238.0M | $1.3B | ($256.0M) |
| Net cash provided by (used in) operating activities | $70.8B | $41.8B | $35.6B | ($11.3B) |
| Time deposits placed and other short-term investments | ($2.0B) | $88.0M | ($1.8B) | ($3.0B) |
| Federal funds sold and securities borrowed or purchased under agreements to resell | ($95.8B) | ($66.7B) | ($55.1B) | ($81.7B) |
| Proceeds from sales | $121.4B | $69.6B | $96.8B | $61.6B |
| Proceeds from paydowns and maturities | $54.9B | $27.1B | $63.8B | $40.5B |
| Purchases | ($140.2B) | ($82.2B) | ($196.7B) | ($123.6B) |
| Proceeds from paydowns and maturities | $16.3B | $7.7B | $26.3B | $16.8B |
| Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities | $7.3B | $2.7B | $6.7B | $4.1B |
| Purchases | ($4.1B) | ($1.7B) | ($12.5B) | ($11.1B) |
| Other changes in loans and leases, net | ($37.6B) | ($21.7B) | ($68.7B) | ($47.1B) |
| Other investing activities, net | ($3.3B) | ($1.3B) | ($2.8B) | ($2.3B) |
| Net cash used in investing activities | ($83.2B) | ($66.5B) | ($144.0B) | ($145.9B) |
| Deposits | $6.4B | $18.9B | $36.7B | $46.1B |
| Federal funds purchased and securities loaned or sold under agreements to repurchase | ($12.5B) | $8.3B | $14.8B | $71.7B |
| Short-term borrowings | $12.9B | $10.6B | $10.8B | $4.5B |
| Proceeds from issuance | $77.4B | $35.5B | $75.9B | $56.9B |
| Retirement | ($52.0B) | ($24.8B) | ($57.9B) | ($36.0B) |
| Proceeds from issuance | $0 | — | $5.5B | $3.0B |
| Redemption | ($1.0B) | ($1.0B) | ($2.7B) | ($2.7B) |
| Common stock repurchased | ($13.2B) | ($7.2B) | ($15.1B) | ($9.8B) |
| Cash dividends paid | ($5.0B) | ($2.6B) | ($7.2B) | ($4.8B) |
| Other financing activities, net | ($1.8B) | ($1.8B) | ($919.0M) | ($1.2B) |
| Net cash provided by financing activities | $11.2B | $35.9B | $59.9B | $127.9B |
| Effect of exchange rate changes on cash and cash equivalents | ($889.0M) | ($600.0M) | $4.9B | $5.3B |
| Net increase (decrease) in cash and cash equivalents | ($2.1B) | $10.6B | ($43.6B) | ($24.1B) |
| Cash and cash equivalents at January 1 | $231.8B | $231.8B | $290.1B | $290.1B |
| Cash and cash equivalents at June 30 | $229.7B | — | — | $266.0B |
BANK OF AMERICA CORP /DE/ score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.