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Bank of America (BAC) Income tax

annual income tax:

$2.12B+$295.00M(+16.15%)
December 31, 2024

Summary

  • As of today (May 21, 2025), BAC annual income tax is $2.12 billion, with the most recent change of +$295.00 million (+16.15%) on December 31, 2024.
  • During the last 3 years, BAC annual income tax has risen by +$124.00 million (+6.21%).
  • BAC annual income tax is now -80.68% below its all-time high of $10.98 billion, reached on December 31, 2017.

Performance

BAC Income tax Chart

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quarterly income tax:

$720.00M+$277.00M(+62.53%)
March 1, 2025

Summary

  • As of today (May 21, 2025), BAC quarterly income tax is $720.00 million, with the most recent change of +$277.00 million (+62.53%) on March 1, 2025.
  • Over the past year, BAC quarterly income tax has increased by +$132.00 million (+22.45%).
  • BAC quarterly income tax is now -81.03% below its all-time high of $3.80 billion, reached on December 31, 2017.

Performance

BAC quarterly income tax Chart

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TTM income tax:

$2.25B+$132.00M(+6.22%)
March 1, 2025

Summary

  • As of today (May 21, 2025), BAC TTM income tax is $2.25 billion, with the most recent change of +$132.00 million (+6.22%) on March 1, 2025.
  • Over the past year, BAC TTM income tax has increased by +$767.00 million (+51.58%).
  • BAC TTM income tax is now -79.47% below its all-time high of $10.98 billion, reached on December 31, 2017.

Performance

BAC TTM income tax Chart

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Income tax Formula

Income Tax Expense = Current Tax Expense + Deferred Tax Expense

BAC Income tax Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterlyTTMTTM
1 y1 year+16.1%+22.4%+51.6%
3 y3 years+6.2%-11.3%+33.1%
5 y5 years-60.1%+38.2%-48.6%

BAC Income tax Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs lowTTM vs highTTM vs highTTM vs lowTTM vs low
3 y3-year-38.3%+16.1%-40.9%+3700.0%-36.6%+51.6%
5 y5-year-60.1%+92.7%-42.8%+160.9%-48.6%+808.9%
alltimeall time-80.7%+210.8%-81.0%+117.8%-79.5%+150.4%

BAC Income tax History

DateAnnualQuarterlyTTM
Mar 2025
-
$720.00M(+62.5%)
$2.25B(+6.2%)
Dec 2024
$2.12B(+16.1%)
$443.00M(+3.5%)
$2.12B(+27.9%)
Sep 2024
-
$428.00M(-35.4%)
$1.66B(+8.9%)
Jun 2024
-
$663.00M(+12.8%)
$1.52B(+2.5%)
Mar 2024
-
$588.00M(-3040.0%)
$1.49B(-18.6%)
Dec 2023
$1.83B(-46.9%)
-$20.00M(-106.8%)
$1.83B(-30.1%)
Sep 2023
-
$293.00M(-53.2%)
$2.61B(-26.2%)
Jun 2023
-
$626.00M(-32.5%)
$3.54B(-0.5%)
Mar 2023
-
$928.00M(+21.3%)
$3.56B(+3.4%)
Dec 2022
$3.44B(+72.2%)
$765.00M(-37.2%)
$3.44B(-1.1%)
Sep 2022
-
$1.22B(+89.0%)
$3.48B(-1.1%)
Jun 2022
-
$645.00M(-20.6%)
$3.52B(+107.9%)
Mar 2022
-
$812.00M(+0.9%)
$1.69B(-15.2%)
Dec 2021
$2.00B(+81.5%)
$805.00M(-36.1%)
$2.00B(+8.5%)
Sep 2021
-
$1.26B(-206.5%)
$1.84B(+642.7%)
Jun 2021
-
-$1.18B(-205.9%)
$248.00M(-85.4%)
Mar 2021
-
$1.12B(+72.0%)
$1.70B(+54.0%)
Dec 2020
$1.10B(-79.3%)
$649.00M(-293.7%)
$1.10B(-32.3%)
Sep 2020
-
-$335.00M(-225.9%)
$1.63B(-46.6%)
Jun 2020
-
$266.00M(-48.9%)
$3.04B(-30.6%)
Mar 2020
-
$521.00M(-55.7%)
$4.39B(-17.6%)
Dec 2019
$5.32B(-17.3%)
$1.18B(+8.6%)
$5.32B(-4.4%)
Sep 2019
-
$1.08B(-32.8%)
$5.57B(-11.8%)
Jun 2019
-
$1.61B(+10.6%)
$6.31B(-1.6%)
Mar 2019
-
$1.46B(+2.5%)
$6.42B(-0.3%)
Dec 2018
$6.44B(-41.4%)
$1.42B(-22.3%)
$6.44B(-27.0%)
Sep 2018
-
$1.83B(+6.6%)
$8.81B(-3.9%)
Jun 2018
-
$1.71B(+16.1%)
$9.17B(-12.4%)
Mar 2018
-
$1.48B(-61.1%)
$10.47B(-4.6%)
Dec 2017
$10.98B(+52.5%)
$3.80B(+73.6%)
$10.98B(+29.2%)
Sep 2017
-
$2.19B(-27.5%)
$8.50B(-1.9%)
Jun 2017
-
$3.02B(+52.0%)
$8.66B(+12.8%)
Mar 2017
-
$1.98B(+51.3%)
$7.68B(+6.6%)
Dec 2016
$7.20B(+14.7%)
$1.31B(-44.2%)
$7.20B(-2.7%)
Sep 2016
-
$2.35B(+15.5%)
$7.40B(+10.8%)
Jun 2016
-
$2.03B(+35.1%)
$6.68B(-0.7%)
Mar 2016
-
$1.50B(-0.4%)
$6.73B(+4.3%)
Dec 2015
$6.28B(+156.9%)
$1.51B(-7.2%)
$6.45B(-2.6%)
Sep 2015
-
$1.63B(-21.9%)
$6.62B(+17.1%)
Jun 2015
-
$2.08B(+70.1%)
$5.65B(+38.8%)
Mar 2015
-
$1.23B(-27.1%)
$4.07B(+66.7%)
Dec 2014
$2.44B(-48.5%)
$1.68B(+153.5%)
$2.44B(+109.2%)
Sep 2014
-
$663.00M(+31.5%)
$1.17B(-59.1%)
Jun 2014
-
$504.00M(-224.4%)
$2.85B(-25.6%)
Mar 2014
-
-$405.00M(-199.8%)
$3.83B(-19.1%)
Dec 2013
$4.74B(-524.8%)
$406.00M(-82.7%)
$4.74B(+179.0%)
Sep 2013
-
$2.35B(+58.0%)
$1.70B(+1304.1%)
Jun 2013
-
$1.49B(+196.6%)
$121.00M(-117.8%)
Mar 2013
-
$501.00M(-119.0%)
-$681.00M(-39.0%)
Dec 2012
-$1.12B(-33.4%)
-$2.64B(-442.3%)
-$1.12B(-156.9%)
Sep 2012
-
$770.00M(+12.6%)
$1.96B(-18.0%)
Jun 2012
-
$684.00M(+936.4%)
$2.39B(-202.2%)
Mar 2012
-
$66.00M(-85.0%)
-$2.34B(+39.7%)
Dec 2011
-$1.68B(-283.2%)
$441.00M(-63.3%)
-$1.68B(-62.5%)
Sep 2011
-
$1.20B(-129.7%)
-$4.47B(+4.3%)
Jun 2011
-
-$4.05B(-653.9%)
-$4.28B(-1075.4%)
Mar 2011
-
$731.00M(-131.1%)
$439.00M(-52.0%)
Dec 2010
$915.00M(-147.8%)
-$2.35B(-269.5%)
$915.00M(-55.2%)
Sep 2010
-
$1.39B(+106.4%)
$2.04B(-735.8%)
Jun 2010
-
$672.00M(-44.3%)
-$321.00M(-82.5%)
Mar 2010
-
$1.21B(-198.5%)
-$1.84B(-4.1%)
Dec 2009
-$1.92B(-556.2%)
-$1.23B(+25.6%)
-$1.92B(-29.1%)
Sep 2009
-
-$975.00M(+15.4%)
-$2.70B(+93.8%)
Jun 2009
-
-$845.00M(-174.8%)
-$1.40B(-245.2%)
Mar 2009
-
$1.13B(-156.1%)
$961.00M(+128.8%)
Dec 2008
$420.00M
-$2.01B(-702.7%)
$420.00M(-66.4%)
DateAnnualQuarterlyTTM
Sep 2008
-
$334.00M(-77.9%)
$1.25B(-51.4%)
Jun 2008
-
$1.51B(+157.0%)
$2.57B(-35.0%)
Mar 2008
-
$588.00M(-149.7%)
$3.96B(-33.3%)
Dec 2007
$5.94B(-45.2%)
-$1.18B(-171.4%)
$5.94B(-38.7%)
Sep 2007
-
$1.66B(-42.8%)
$9.69B(-10.0%)
Jun 2007
-
$2.90B(+12.9%)
$10.77B(-1.1%)
Mar 2007
-
$2.57B(+0.0%)
$10.90B(+0.5%)
Dec 2006
$10.84B(+35.2%)
$2.57B(-6.3%)
$10.84B(+9.9%)
Sep 2006
-
$2.74B(-9.3%)
$9.86B(+9.4%)
Jun 2006
-
$3.02B(+20.4%)
$9.02B(+7.8%)
Mar 2006
-
$2.51B(+58.2%)
$8.36B(+4.3%)
Dec 2005
$8.02B(+15.1%)
$1.59B(-16.3%)
$8.02B(-2.7%)
Sep 2005
-
$1.90B(-19.9%)
$8.24B(+0.1%)
Jun 2005
-
$2.37B(+9.2%)
$8.23B(+5.0%)
Mar 2005
-
$2.17B(+19.8%)
$7.84B(+12.6%)
Dec 2004
$6.96B(+37.8%)
$1.81B(-4.0%)
$6.96B(+10.0%)
Sep 2004
-
$1.88B(-4.7%)
$6.33B(+9.5%)
Jun 2004
-
$1.98B(+53.1%)
$5.78B(+12.2%)
Mar 2004
-
$1.29B(+9.7%)
$5.15B(+1.9%)
Dec 2003
$5.05B(+35.0%)
$1.18B(-11.7%)
$5.05B(+15.6%)
Sep 2003
-
$1.33B(-1.1%)
$4.37B(+6.9%)
Jun 2003
-
$1.35B(+13.0%)
$4.09B(+7.3%)
Mar 2003
-
$1.19B(+140.0%)
$3.81B(+1.8%)
Dec 2002
$3.74B(+12.5%)
$497.00M(-52.8%)
$3.74B(+1.9%)
Sep 2002
-
$1.05B(-1.6%)
$3.67B(+9.7%)
Jun 2002
-
$1.07B(-4.9%)
$3.35B(-1.5%)
Mar 2002
-
$1.12B(+163.8%)
$3.40B(+2.2%)
Dec 2001
$3.33B(-22.1%)
$426.00M(-41.4%)
$3.33B(-9.2%)
Sep 2001
-
$727.00M(-35.1%)
$3.66B(-7.5%)
Jun 2001
-
$1.12B(+6.5%)
$3.96B(-1.8%)
Mar 2001
-
$1.05B(+38.1%)
$4.03B(-5.6%)
Dec 2000
$4.27B(-1.4%)
$762.00M(-25.7%)
$4.27B(-4.4%)
Sep 2000
-
$1.02B(-13.9%)
$4.47B(-3.7%)
Jun 2000
-
$1.19B(-7.9%)
$4.64B(+1.9%)
Mar 2000
-
$1.29B(+35.0%)
$4.55B(+5.0%)
Dec 1999
$4.33B(+50.3%)
$958.00M(-19.8%)
$4.33B(+6.1%)
Sep 1999
-
$1.20B(+8.2%)
$4.08B(+39.3%)
Jun 1999
-
$1.10B(+2.6%)
$2.93B(-4.8%)
Mar 1999
-
$1.08B(+51.8%)
$3.08B(+6.8%)
Dec 1998
$2.88B(-28.2%)
$709.00M(+1588.1%)
$2.88B(-6.2%)
Sep 1998
-
$42.00M(-96.6%)
$3.07B(-24.8%)
Jun 1998
-
$1.25B(+42.3%)
$4.09B(+25.2%)
Mar 1998
-
$880.00M(-2.1%)
$3.26B(+14.1%)
Dec 1997
$4.01B(+14.8%)
$899.00M(-14.9%)
$2.86B(-36.8%)
Sep 1997
-
$1.06B(+147.0%)
$4.53B(+19.1%)
Jun 1997
-
$428.00M(-10.3%)
$3.80B(+2.8%)
Mar 1997
-
$477.00M(-81.4%)
$3.70B(+5.7%)
Dec 1996
$3.50B(+236.0%)
$2.56B(+674.9%)
$3.50B(+188.9%)
Sep 1996
-
$331.00M(+1.5%)
$1.21B(+3.7%)
Jun 1996
-
$326.00M(+18.1%)
$1.17B(+7.6%)
Mar 1996
-
$276.00M(-0.7%)
$1.09B(+4.3%)
Dec 1995
$1.04B(+20.3%)
$278.00M(-3.5%)
$1.04B(+10.0%)
Sep 1995
-
$288.00M(+18.0%)
$946.00M(+7.5%)
Jun 1995
-
$244.00M(+5.6%)
$880.00M(+2.9%)
Mar 1995
-
$231.00M(+26.2%)
$855.00M(-1.2%)
Dec 1994
$865.00M(+25.4%)
$183.00M(-17.6%)
$865.00M(-2.0%)
Sep 1994
-
$222.00M(+1.4%)
$883.00M(+4.3%)
Jun 1994
-
$219.00M(-9.1%)
$847.00M(+7.8%)
Mar 1994
-
$241.00M(+19.9%)
$786.00M(+13.9%)
Dec 1993
$690.00M(+174.9%)
$201.00M(+8.1%)
$690.00M(+27.8%)
Sep 1993
-
$186.00M(+17.7%)
$540.00M(+27.4%)
Jun 1993
-
$158.00M(+9.0%)
$424.00M(+30.9%)
Mar 1993
-
$145.00M(+184.3%)
$324.00M(+29.1%)
Dec 1992
$251.00M
$51.00M(-27.1%)
$251.00M(+25.5%)
Sep 1992
-
$70.00M(+20.7%)
$200.00M(+53.8%)
Jun 1992
-
$58.00M(-19.4%)
$130.00M(+80.6%)
Mar 1992
-
$72.00M
$72.00M

FAQ

  • What is Bank of America annual income tax?
  • What is the all time high annual income tax for Bank of America?
  • What is Bank of America annual income tax year-on-year change?
  • What is Bank of America quarterly income tax?
  • What is the all time high quarterly income tax for Bank of America?
  • What is Bank of America quarterly income tax year-on-year change?
  • What is Bank of America TTM income tax?
  • What is the all time high TTM income tax for Bank of America?
  • What is Bank of America TTM income tax year-on-year change?

What is Bank of America annual income tax?

The current annual income tax of BAC is $2.12B

What is the all time high annual income tax for Bank of America?

Bank of America all-time high annual income tax is $10.98B

What is Bank of America annual income tax year-on-year change?

Over the past year, BAC annual income tax has changed by +$295.00M (+16.15%)

What is Bank of America quarterly income tax?

The current quarterly income tax of BAC is $720.00M

What is the all time high quarterly income tax for Bank of America?

Bank of America all-time high quarterly income tax is $3.80B

What is Bank of America quarterly income tax year-on-year change?

Over the past year, BAC quarterly income tax has changed by +$132.00M (+22.45%)

What is Bank of America TTM income tax?

The current TTM income tax of BAC is $2.25B

What is the all time high TTM income tax for Bank of America?

Bank of America all-time high TTM income tax is $10.98B

What is Bank of America TTM income tax year-on-year change?

Over the past year, BAC TTM income tax has changed by +$767.00M (+51.58%)
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