Bank of America Corp

NYSE : BAC

$51.23+1.60%

Financials

Income statement · full history

USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.

Reported line item	Dec 31, 201612 months	Dec 31, 201712 months	Dec 31, 201812 months	Dec 31, 201912 months	Dec 31, 202012 months	Dec 31, 202112 months	Dec 31, 202212 months	Dec 31, 202312 months	Dec 31, 202412 months	Dec 31, 202512 months

Income statement, full reported history for 0000070858. USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
Reported line item	Jan 1, 2016 to Dec 31, 2016	Jan 1, 2017 to Dec 31, 2017	Jan 1, 2018 to Dec 31, 2018	Jan 1, 2019 to Dec 31, 2019	Jan 1, 2020 to Dec 31, 2020	Jan 1, 2021 to Dec 31, 2021	Jan 1, 2022 to Dec 31, 2022	Jan 1, 2023 to Dec 31, 2023	Jan 1, 2024 to Dec 31, 2024	Jan 1, 2025 to Dec 31, 2025
Interest income	51,057	57,579	66,769	71,236	51,585	47,672	72,565	130,262	146,607	138,566
Loans and leasesno longer reported	33,228	36,221	40,811
Interest expense	9,961	12,340R	18,607R	22,345	8,225	4,738	20,103	73,331	90,547	78,470
Debt securitiesno longer reported	9,167	10,471	11,724
Depositsno longer reported	1,015	1,931	4,495
Net interest income	41,096	45,239R	48,162R	48,891	43,360	42,934	52,462	56,931	56,060	60,096
Federal funds sold and securities borrowed or purchased under agreements to resellno longer reported	1,118	2,390	3,176
Short-term borrowingsno longer reported	2,350	3,538	5,839
Fees and commissions		33,341	33,078	33,015	34,551	39,299	33,212	32,009	36,291	39,402
Trading account assetsno longer reported	4,423	4,474	4,811
Trading account liabilitiesno longer reported	1,018	1,204	1,358
Card incomeno longer reported	5,851	5,902	6,051
Market making and similar activities		7,102	9,008	9,034	8,355	8,691	12,075	12,732	12,967	12,014
Other interest incomeno longer reported	3,121	4,023	6,247
Long-term debtno longer reported	5,578	6,239	7,645
Service chargesno longer reported	7,638	7,818	7,767
Other income (loss)	3,624R	1,444R	772R	304	(738)	(1,811)	(2,799)	1,097R	538R	1,585
Investment and brokerage servicesno longer reported	13,349R	13,836R	14,160
Total noninterest income	42,605	41,887R	42,858R	42,353	42,168	46,179	42,488	45,838R	49,796R	53,001
Investment banking incomeno longer reported	5,241	6,011	5,327
Total revenue, net of interest expense	83,701	87,126R	91,020R	91,244	85,528	89,113	94,950	102,769R	105,856R	113,097
Trading account profitsno longer reported	6,902	7,277	8,540
Provision for credit losses	3,597	3,396	3,282	3,590	11,320	(4,594)	2,543	4,394	5,821	5,675
Compensation and benefits	32,018R	31,931R	31,880	31,977	32,725	36,140	36,447	38,330	40,182	42,346
Information processing and communications		4,530	4,555	4,646	5,222	5,769	6,279	6,707	7,231	7,453
Occupancy and equipment	4,038	6,264R	6,380R	6,588	7,141	7,138	7,071	7,164	7,289	7,448
Product delivery and transaction related		3,041	2,857	2,762	3,433	3,881	3,653	3,608	3,494	3,924
Equipmentno longer reported	1,804	1,692	1,705
Professional fees	1,971	1,888	1,699	1,597	1,694	1,775	2,142	2,159	2,669	2,580
Marketing	1,703	1,746	1,674	1,934	1,701	1,939	1,825	1,927	1,956	2,204
Data processingno longer reported	3,007	3,139	3,222
Other general operating	9,796R	5,117R	4,109R	5,396	3,297	3,089	4,021	5,950	3,991	3,772
Telecommunicationsno longer reported	746	699	699
Total noninterest expense	55,083R	54,517R	53,154R	54,900	55,213	59,731	61,438	65,845	66,812	69,727
Income before income taxes	25,021R	29,213	34,584	32,754	18,995	33,976	30,969	32,530R	33,223R	37,695
Income tax expense	7,199R	10,981	6,437	5,324	1,101	1,998	3,441	6,225R	6,250R	7,186
Net income	17,822R	18,232	28,147	27,430	17,894	31,978	27,528	26,305R	26,973R	30,509
Preferred stock dividends	1,682	1,614	1,451	1,432	1,421	1,421	1,513	1,649	1,629	1,454
Net income applicable to common shareholders	16,140R	16,618	26,696	25,998	16,473	30,557	26,015	24,656R	25,344R	29,055
Earnings (in dollars per share)	1.57	1.63	2.64	2.77	1.88	3.60	3.21	3.07R	3.23R	3.86
Diluted earnings (in dollars per share)	1.49	1.56	2.61	2.75	1.87	3.57	3.19	3.05R	3.19R	3.81
Average common shares issued and outstanding (in shares)	10,284.1	10,195.6	10,096.5	9,390.5	8,753.2	8,493.3	8,113.7	8,028.6	7,855.5	7,521.9
Average diluted common shares issued and outstanding (in shares)	11,046.8R	10,778.4	10,236.9	9,442.9	8,796.9	8,558.4	8,167.5	8,080.5	7,935.8	7,680.9

History starts FY2016, the period ended Dec 31, 2016 — the earliest period our structured-data source covers, not the company’s first year.

43 reported lines · 10 periods · values taken from the latest filing that prints each period.

R46 restated by the filer — hover for the figure as first reported.
italic34 from an earlier filing than the rest of the column.
no longer reported17 lines the filer stopped printing.
— the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.

307 of 307 values link to the exact element in the filer’s own document.

Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.

Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.