BANK OF AMERICA CORP /DE/ Net Income 2007-2026 | BAC
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is BANK OF AMERICA CORP /DE/'s current net income?
BANK OF AMERICA CORP /DE/ (BAC) annual net income for 2025 was $30.51B, a 13.11% increase from 2024. BANK OF AMERICA CORP /DE/ net income for the quarter ending March 31, 2026 was $8.58B.
What was BANK OF AMERICA CORP /DE/'s net income in 2024?
BANK OF AMERICA CORP /DE/ annual net income for 2024 was $26.97B, a 2.54% increase from 2023.
What was BANK OF AMERICA CORP /DE/'s net income in 2023?
BANK OF AMERICA CORP /DE/ annual net income for 2023 was $26.30B, a 4.44% decline from 2022.
What is BANK OF AMERICA CORP /DE/'s 5-year net income CAGR?
BANK OF AMERICA CORP /DE/ net income grew at a compound annual growth rate (CAGR) of 11.26% from FY2020 to FY2025, going from $17.89B to $30.51B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $30.51B | +13.1% | 10-K |
| FY2024 | $26.97B | +2.5% | 10-K |
| FY2023 | $26.30B | -4.4% | 10-K |
| FY2022 | $27.53B | -13.9% | 10-K |
| FY2021 | $31.98B | +78.7% | 10-K |
| FY2020 | $17.89B | -34.8% | 10-K |
| FY2019 | $27.43B | -2.5% | 10-K |
| FY2018 | $28.15B | +54.4% | 10-K |
| FY2017 | $18.23B | +2.3% | 10-K |
| FY2016 | $17.82B | +12.0% | 10-K |
| FY2015 | $15.91B | +188.2% | 10-K |
| FY2014 | $5.52B | -51.7% | 10-K |
| FY2013 | $11.43B | +172.9% | 10-K |
| FY2012 | $4.19B | +189.6% | 10-K |
| FY2011 | $1.45B | +164.6% | 10-K |
| FY2010 | $-2.24B | -135.7% | 10-K |
| FY2009 | $6.28B | +56.6% | 10-K |
| FY2008 | $4.01B | -73.2% | 10-K |
| FY2007 | $14.98B | - | 10-K |