Bank of America Corporation company logo
Bank of America Corporation logo

Bank of America Corporation (BAC) Net Income

Annual Net Income

$30.51B$3.38B+12.45%

Summary

Current Value
As of today, BAC annual net income is $30.51B, up +12.45% on
Historical Performance
BAC annual net income is up +10.83% over the past 3 years, and up +70.50% over the past 5 years
All-Time High Comparison
BAC annual net income is currently -4.59% below its historical high of $31.98B set on
3-Year Low Comparison
BAC annual net income is +15.06% above its 3-year low of $26.52B reached on
Sector Comparison
BAC annual net income is higher than 99.78% of companies in Financial Services sector

Net Income Chart

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Series
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Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Net Income$30.51B+12.4%+10.8%+70.5%+1460.8%
Quarterly Net Income$7.65B+14.7%+7.2%+39.8%+714.2%
TTM Net Income$30.63B+12.9%+11.3%+71.2%+1311.1%
Price$53.08+13.5%+49.7%+79.0%+290.3%
Annual Revenue$191.57B-2.2%+65.8%+101.8%+47.9%
PE Ratio13.85-4.8%+24.4%-12.5%
Annual EPS$3.81+18.6%+19.6%+103.5%+1136.5%
Annual Operating Profit$37.70B+27.7%+17.2%+90.2%+338.1%

Net Income Highs

BAC Annual Net Income Highs Comparison
PeriodHighDateCurrent
3Y$30.51Bat high
5Y$31.98B-4.6%
All$31.98B-4.6%

Net Income Lows

BAC Annual Net Income Lows Comparison
PeriodLowDateCurrent
3Y$26.52B+15.1%
5Y$17.89BN/A+70.5%
All-$2.24B+1460.8%

Net Income History

YearValueChange
$30.51B+12.4%
$27.13B+2.3%
$26.52B-3.7%
$27.53B-13.9%
$31.98B+78.7%
$17.89B-34.8%
$27.43B-2.5%
$28.15B+54.4%
$18.23B+2.3%
$17.82B+12.5%
$15.84B+227.7%
$4.83B-57.7%
$11.43B+173.0%
$4.19B+189.7%
$1.45B+164.5%
-$2.24B-198.2%
$2.28B-42.0%
$3.94B-73.7%
$14.98B-29.1%
$21.13B+28.4%
$16.47B+18.1%
$13.95B+29.6%
$10.76B+16.4%
YearValueChange
$9.25B+36.2%
$6.79B-9.6%
$7.52B-4.6%
$7.88B+52.6%
$5.17B+67.9%
$3.08B+29.6%
$2.38B+21.8%
$1.95B+15.4%
$1.69B+29.9%
$1.30B+13.6%
$1.15B+466.8%
$202.00M-44.8%
$365.70M-35.1%
$563.23M+123.1%
$252.47M+51.3%
$166.85M-16.1%
$198.77M+20.8%
$164.49M+38.0%
$119.23M+29.4%
$92.16M+21.0%
$76.14M+38.4%
$55.01M+15.6%
$47.58M-

FAQ

  • What is the current annual net income of BAC?

    As of today, BAC annual net income is $30.51B

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

    BAC annual net income is up +12.45% year-over-year

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

    BAC annual net income is up +10.83% over the past 3 years

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

    BAC annual net income is currently -4.59% below its historical high of $31.98B set on December 31, 2021

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

    BAC annual net income is higher than 99.78% 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

Net Income Formula

Net Income = RevenueOperating ExpensesInterest ExpenseIncome Tax − Other Expenses

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