Bank of America financials
$54.96−0.92%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.57B | $196.40B | $176.10B | $115.05B | $93.85B | $93.75B | $113.59B | $109.63B | $99.47B | $93.66B |
| Gross profit | $113.10B | $105.86B | $102.77B | $94.95B | $89.11B | $85.53B | $91.24B | $91.02B | $87.13B | $83.70B |
| Gross margin | 59.0% | 53.9% | 58.4% | 82.5% | 95.0% | 91.2% | 80.3% | 83.0% | 87.6% | 89.4% |
| Operating income | $37.70B | $33.22B | $32.53B | $34.99B | $33.98B | $19.00B | $32.75B | $34.58B | $29.21B | $25.02B |
| Net income | $29.05B | $25.34B | $24.66B | $26.02B | $30.56B | $16.47B | $26.00B | $26.70B | $16.62B | $16.14B |
| Net margin | 15.2% | 12.9% | 14.0% | 22.6% | 32.6% | 17.6% | 22.9% | 24.4% | 16.7% | 17.2% |
| Diluted EPS | $3.81 | $3.19 | $3.05 | $3.19 | $3.57 | $1.87 | $2.75 | $2.61 | $1.56 | $1.49 |
| EBITDA | $37.70B | $33.22B | $32.53B | $34.99B | $33.98B | $19.00B | $32.75B | $34.58B | $29.21B | $25.02B |
| Operating cash flow | $12.61B | -$8.80B | $44.98B | -$6.33B | -$7.19B | $37.99B | $61.78B | $39.52B | $9.86B | $17.28B |
| Free cash flow | $12.61B | -$8.80B | $44.98B | -$6.33B | -$7.19B | — | $61.78B | — | — | — |
| Diluted shares | 7,680.9M | 7,935.8M | 8,080.5M | 8,167.5M | 8,558.4M | 8,796.9M | 9,442.9M | 10,236.9M | 10,778.4M | 11,046.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $28.59B | $26.00B | $27.89B | $30.33B | $29.22B | $36.43B |
| Short-term investments | $1.86T | $1.82T | $1.78T | $1.68T | $1.81T | $1.59T |
| Total debt | $365.90B | $326.67B | $334.30B | $302.91B | $303.87B | $282.25B |
| Total assets | $3.41T | $3.26T | $3.18T | $3.05T | $3.17T | $2.82T |
| Total liabilities | $3.11T | $2.97T | $2.89T | $2.78T | $2.90T | $2.55T |
| Shareholders' equity | $303.24B | $293.96B | $291.65B | $273.20B | $270.07B | $272.92B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology