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
$28.1B
Gross Profit
N/A
Operating Profit
$9.5B
Net Profit
$8.5B
Gross Margin
N/A
Operating Margin
33.7%
Net Margin
30.2%
YoY Growth
10.8%
EPS
$1.06
Bank of America Q3 FY2025 Financial Summary
Bank of America reported revenue of $28.1B (up 10.8% YoY) for Q3 FY2025, with a net profit of $8.5B (up 22.8% YoY) (30.2% margin).
Key Financial Metrics
| Total Revenue | $28.1B |
|---|---|
| Net Profit | $8.5B |
| Gross Margin | N/A |
| Operating Margin | 33.7% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Bank of America Q3 FY2025 revenue of $28.1B breaks down across 12 segments, led by Consumer Banking Segment at $11.2B (39.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Consumer Banking Segment | $11.2B | 39.8% |
| Global Wealth And Investment Management Segment | $6.3B | 22.5% |
| Global Banking Segment | $6.2B | 22.2% |
| Other | $2.0B | 7.1% |
| Investment Banking Income Underwriting Income | $992.0M | 3.5% |
| Investment Banking Income Financial Advisory Services | $583.0M | 2.1% |
| Investment Banking Income Syndication Fees | $438.0M | 1.6% |
| Corporate Securities Trading Loansand Other | $238.0M | 0.8% |
| Mortgage Trading Loans Mortgage Backed Securities And Asset Backed Securities | $80.0M | 0.3% |
| Equity Securities | $17.0M | 0.1% |
| Accrued Expensesand Other Liabilities | $15.0M | 0.1% |
| Corporate Securitiesand Other | $1.0M | 0.0% |
Bank of America Revenue by Segment — Quarterly Trend
Bank of America revenue by segment across the last 4 reported quarters, showing how each business line (such as Consumer Banking Segment and Global Wealth And Investment Management Segment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Consumer Banking Segment | — | — | $11.2B | $10.8B |
| Global Wealth And Investment Management Segment | — | $6.6B | $6.3B | — |
| Global Banking Segment | — | $6.2B | $6.2B | $5.7B |
| Other | — | $7.0B | $2.0B | $5.7B |
| Investment Banking Income Underwriting Income | — | $752.0M | $992.0M | — |
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 |