Summary
Bank of America Corporation (BAC) reported solid financial performance for the fiscal year ending December 31, 2025. Total revenue, net of interest expense, reached $113.1 billion, a notable increase from $105.9 billion in 2024, driven by higher net interest income and robust noninterest income. Net income for the year was $30.5 billion, or $3.81 per diluted share, up from $27.0 billion, or $3.19 per diluted share, in the prior year. This growth was primarily fueled by increased net interest income driven by higher rates and loan growth, alongside stronger performance in investment and brokerage services. The company's balance sheet also expanded, with total assets growing to $3.41 trillion, primarily due to an increase in loans and leases and trading account assets. Deposits saw a healthy rise, reaching $2.02 trillion, indicating continued client confidence and a strong funding base. BAC maintained strong capital ratios, with a Common Equity Tier 1 (CET1) ratio of 11.4% under the Standardized approach, exceeding regulatory requirements. The company also actively returned capital to shareholders through $8.1 billion in common stock dividends and $21.4 billion in common stock repurchases during 2025, reflecting a commitment to shareholder value.
Key Highlights
- 1Total Revenue (net of interest expense) increased to $113.1 billion in 2025, up from $105.9 billion in 2024.
- 2Net Income grew to $30.5 billion in 2025, from $27.0 billion in 2024, with diluted EPS at $3.81 compared to $3.19.
- 3Net Interest Income rose by $4.0 billion to $60.1 billion, benefiting from higher interest rates and loan growth.
- 4Noninterest Income increased by $3.2 billion to $53.0 billion, driven by strong performance in investment and brokerage services.
- 5Total Assets grew to $3.41 trillion, with loans and leases increasing by $89.9 billion.
- 6Deposits increased by $53.3 billion to $2.02 trillion, primarily driven by growth in commercial client balances.
- 7Common Equity Tier 1 (CET1) capital ratio remained strong at 11.4% (Standardized approach).
- 8Shareholder returns included $8.1 billion in dividends and $21.4 billion in common stock repurchases in 2025.