Bank of America Corporation company logo
Bank of America Corporation logo

Bank of America Corporation (BAC) Net Income

Annual Net Income

$30.51B$3.54B+13.11%

Summary

Current Value
As of today, BAC annual net income is $30.51B, up +13.11% on
Historical Performance
BAC annual net income is up +10.83% over the past 3 years, 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 99.81% of companies in Financial Services sector

Net Income Chart

SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Net Income$30.51B+13.1%+10.8%+70.5%+1460.8%
Quarterly Net Income$9.07B+27.5%+22.5%-1.6%+202.8%
TTM Net Income$33.77B+20.5%+13.4%+22.3%+320.2%
Price$63.25+38.8%+102.1%+62.1%+674.2%
Annual Revenue$194.26B-0.8%+68.1%+104.7%+50.0%
PE Ratio14.55+8.9%+61.5%+11.7%
Annual EPS$3.81+19.4%+19.7%+103.6%+1136.9%
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+13.1%
$26.97B+1.7%
$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 +13.11% 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 99.81% 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 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