Bank of AmericaBACEarnings & Financial Report
The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank and Bank of America in 1998.
BAC Q1 FY2026 Key Financial Metrics
Revenue
$30.3B
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$8.6B
Gross Margin
N/A
Operating Margin
N/A
Net Margin
28.4%
YoY Growth
N/A
EPS
$1.11
Bank of America Q1 FY2026 Financial Summary
Bank of America reported revenue of $30.3B for Q1 FY2026, with a net profit of $8.6B (up 16.6% YoY) (28.4% margin).
Key Financial Metrics
| Total Revenue | $30.3B |
|---|---|
| Net Profit | $8.6B |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Bank of America Q1 FY2026 revenue of $30.3B breaks down across 2 segments, led by Net Interest Income at $15.7B (52.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Net Interest Income | $15.7B | 52.0% |
| Noninterest Income | $14.5B | 48.0% |
Bank of America Annual Revenue by Year
Bank of America annual revenue history includes year-by-year totals (for example, 2025 revenue was $113.1B).
| Year | Annual Revenue | |
|---|---|---|
| 2025 | $113.1B | — |
Bank of America Quarterly Revenue & Net Profit History
Bank of America results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $30.3B | — | $8.6B | 28.4% |
| Q4 FY2025 | $31.2B | — | $7.5B | 24.1% |
| Q3 FY2025 | $28.1B | +10.8% | $8.5B | 30.2% |
| Q2 FY2025 | $26.5B | +4.3% | $7.1B | 26.9% |
| Q1 FY2025 | $27.4B | +6.0% | $7.4B | 27.0% |
| Q3 FY2024 | $25.3B | +0.7% | $6.9B | 27.2% |
| Q2 FY2024 | $25.4B | +0.7% | $6.9B | 27.2% |
| Q1 FY2024 | $25.8B | -1.7% | $6.7B | 25.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.82B | $25.38B | $25.34B | $27.37B | $26.46B | $28.09B | $31.18B | $30.27B |
| YoY Growth | -1.7% | 0.7% | 0.7% | 6.0% | 4.3% | 10.8% | N/A | N/A |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3273.80B | $3258.00B | $3324.29B | $3349.42B | $3441.14B | $3403.72B | $3411.74B | $3496.19B |
| Liabilities | $2980.25B | $2964.10B | $3027.78B | $3053.84B | $3141.54B | $3099.56B | $3108.49B | $3195.52B |
| Equity | $293.55B | $293.89B | $296.51B | $295.58B | $299.60B | $304.15B | $303.24B | $300.67B |
Cash Flow
| Q1 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|
| Operating CF | $-15.54B | $-2.18B | $-9.13B | $46.87B | $-22.95B |