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Bank of America Corporation logo

Bank of America Corporation (BAC) Income Tax

Annual Income Tax

$2.12B$295.00M+16.15%

Summary

Current Value
As of today, BAC annual income tax is $2.12B, up +16.15% on
Historical Performance
BAC annual income tax is up +6.21% over the past 3 years, and down -60.14% over the past 5 years
All-Time High Comparison
BAC annual income tax is currently -80.68% below its historical high of $10.98B set on
3-Year Low Comparison
BAC annual income tax is +16.15% above its 3-year low of $1.83B reached on
Sector Comparison
BAC annual income tax is higher than 97.75% of companies in Financial Services sector

Income Tax Chart

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Series
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Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Income Tax$2.12B+16.1%+6.2%-60.1%+210.8%
Quarterly Income Tax$987.00M+130.6%-19.0%+394.6%-28.8%
TTM Income Tax$2.72B+64.1%-21.8%+67.3%+33.4%
Price$55.64+20.8%+61.7%+69.3%+290.5%
Annual EBIT$119.80B+17.8%+209.4%+117.4%+251.2%
Annual EBITDA$121.99B+17.6%+200.4%+114.7%+234.7%
Annual Total Expenses$168.73B+13.6%+164.5%+95.2%+25.0%
Annual Revenue$195.87B+11.9%+104.5%+72.0%+42.7%

Income Tax Highs

BAC Annual Income Tax Highs Comparison
PeriodHighDateCurrent
3Y$3.44BN/A-38.3%
5Y$3.44B-38.3%
All$10.98B-80.7%

Income Tax Lows

BAC Annual Income Tax Lows Comparison
PeriodLowDateCurrent
3Y$1.83B+16.1%
5Y$1.10BN/A+92.7%
All-$1.92B+210.8%

Income Tax History

YearValueChange
$2.12B+16.1%
$1.83B-46.9%
$3.44B+72.2%
$2.00B+81.5%
$1.10B-79.3%
$5.32B-17.3%
YearValueChange
$6.44B-41.4%
$10.98B+52.5%
$7.20B+15.5%
$6.23B+208.3%
$2.02B-

FAQ

  • What is the current annual income tax of BAC?

    As of today, BAC annual income tax is $2.12B

  • What is 1-year change in BAC annual income tax?

    BAC annual income tax is up +16.15% year-over-year

  • What is 3-year change in BAC annual income tax?

    BAC annual income tax is up +6.21% over the past 3 years

  • How far is BAC annual income tax from its all-time high?

    BAC annual income tax is currently -80.68% below its historical high of $10.98B set on December 31, 2017

  • How does BAC annual income tax rank versus sector peers?

    BAC annual income tax is higher than 97.75% of companies in Financial Services sector

  • When is BAC next annual earnings release?

    The next annual earnings release for BAC is on

Income Tax Formula

Income Tax Expense = Current Tax Expense + Deferred Tax Expense

Data Sources & References

  1. BAC Official Website www.bankofamerica.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/70858/000007085825000390/0000070858-25-000390-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085825000139/0000070858-25-000139-index.htm
  4. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  5. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac