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.
Revenue
$25.3B
Gross Profit
N/A
Operating Profit
$7.3B
Net Profit
$6.9B
Gross Margin
N/A
Operating Margin
28.9%
Net Margin
27.2%
YoY Growth
0.7%
EPS
$0.81
Bank of America Q3 FY2024 Financial Summary
Bank of America reported revenue of $25.3B (up 0.7% YoY) for Q3 FY2024, with a net profit of $6.9B (down 11.6% YoY) (27.2% margin).
Key Financial Metrics
| Total Revenue | $25.3B |
|---|---|
| Net Profit | $6.9B |
| Gross Margin | N/A |
| Operating Margin | 28.9% |
| Report Period | Q3 FY2024 |
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 |