Bank of America Corporation company logo
Bank of America Corporation logo

Bank of America Corporation (BAC) Income Tax

Annual Income Tax

$7.19B$5.06B+238.64%

Summary

Current Value
As of today, BAC annual income tax is $7.19B, up +238.64% on
Historical Performance
BAC annual income tax is up +108.83% over the past 3 years, and up +552.68% over the past 5 years
All-Time High Comparison
BAC annual income tax is currently -34.56% below its historical high of $10.98B set on
3-Year Low Comparison
BAC annual income tax is +293.32% above its 3-year low of $1.83B reached on
Sector Comparison
BAC annual income tax is higher than 99.61% of companies in Financial Services sector

Income Tax Chart

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Series
SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Income Tax$7.19B+238.6%+108.8%+552.7%+685.4%
Quarterly Income Tax$1.98B+345.8%+158.2%+204.3%+184.0%
TTM Income Tax$4.25B+100.5%+23.6%+286.4%+364.9%
Price$53.20+13.9%+50.7%+79.4%+291.2%
Annual EBIT$116.17B-3.0%+127.5%+326.8%+412.9%
Annual EBITDA-
Annual Total Expenses$161.06B-4.5%+83.0%+109.1%+22.2%
Annual Revenue$191.57B-2.2%+65.8%+101.8%+47.9%

Income Tax Highs

BAC Annual Income Tax Highs Comparison
PeriodHighDateCurrent
3Y$7.19Bat high
5Y$7.19Bat high
All$10.98B-34.6%

Income Tax Lows

BAC Annual Income Tax Lows Comparison
PeriodLowDateCurrent
3Y$1.83B+293.3%
5Y$1.10BN/A+552.7%
All-$1.92B+475.1%

Income Tax History

YearValueChange
$7.19B+238.6%
$2.12B+16.1%
$1.83B-46.9%
$3.44B+72.2%
$2.00B+81.5%
$1.10B-79.3%
$5.32B-17.3%
$6.44B-41.4%
$10.98B+52.5%
$7.20B+15.5%
$6.23B+208.3%
$2.02B-57.4%
$4.74B+524.8%
-$1.12B+33.4%
-$1.68B-283.2%
$915.00M+147.8%
-$1.92B-556.2%
$420.00M-92.9%
$5.94B-45.2%
$10.84B+35.2%
$8.02B+15.1%
$6.96B+38.7%
$5.02B+34.1%
YearValueChange
$3.74B+12.5%
$3.33B-22.1%
$4.27B-1.4%
$4.33B+50.3%
$2.88B+67.7%
$1.72B+36.5%
$1.26B+20.9%
$1.04B+20.3%
$865.00M+25.4%
$690.00M+174.9%
$251.00M+369.9%
-$93.00M-863.4%
$12.18M-82.3%
$69.00M-11.5%
$77.92M+128.3%
$34.13M-27.1%
$46.78M+1.0%
$46.32M+15.9%
$39.97M+16.7%
$34.26M+37.7%
$24.88M+185.6%
$8.71M-50.1%
$17.45M-

FAQ

  • What is the current annual income tax of BAC?

    As of today, BAC annual income tax is $7.19B

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

    BAC annual income tax is up +238.64% year-over-year

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

    BAC annual income tax is up +108.83% over the past 3 years

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

    BAC annual income tax is currently -34.56% 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 99.61% of companies in Financial Services sector

  • When is BAC next annual earnings release?

    As of today, the next annual earnings release for BAC has not been scheduled

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/70858/000007085826000011/0000070858-26-000011-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-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