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, 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 99.75% of companies in Financial Services sector

Income Tax Chart

SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Income Tax$7.19B+238.6%+108.8%+552.7%+685.4%
Quarterly Income Tax$2.49B+335.5%+297.9%+310.7%+161.5%
TTM Income Tax$7.27B+136.1%+105.6%+2832.7%+269.9%
Price$63.17+31.4%+117.0%+57.2%+806.3%
Annual EBIT$116.17B-3.0%+127.5%+326.8%+412.9%
Annual EBITDA$118.48B-5.9%+123.3%+307.7%+346.0%
Annual Total Expenses$161.06B-4.5%+83.0%+109.1%+22.2%
Annual Revenue$194.26B-0.8%+68.1%+104.7%+50.0%

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 99.75% 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 Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-index.htm
  3. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  4. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac