EBITDA for Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's current EBITDA (TTM) is $41.74B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$41.74B
YoY change
+27.2%
5Y CAGR
+13.9%
Peak year (2025)
$40.01B
Cumulative EBITDA
$625.36B
EBITDA history chart for Bank of America (BAC) from 1992 to 2025
EBITDA history table for Bank of America (BAC) from 1992 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $40.01B | +27.2% | ||
| 2024 | $31.44B | +3.4% | ||
| 2023 | $30.40B | -7.7% | ||
| 2022 | $32.95B | -8.2% | ||
| 2021 | $35.87B | +72.2% | ||
| 2020 | $20.84B | -39.6% | ||
| 2019 | $34.48B | -5.9% | ||
| 2018 | $36.65B | +17.0% | ||
| 2017 | $31.32B | +14.9% | ||
| 2016 | $27.26B | +10.9% | ||
| 2015 | $24.58B | +134.4% | ||
| 2014 | $10.48B | -44.4% | ||
| 2013 | $18.86B | +208.6% | ||
| 2012 | $6.11B | +87.7% | ||
| 2011 | $3.25B | +25.7% | ||
| 2010 | $2.59B | -70.2% | ||
| 2009 | $8.67B | +12.0% | ||
| 2008 | $7.75B | -67.4% | ||
| 2007 | $23.77B | -31.8% | ||
| 2006 | $34.84B | +32.7% | ||
| 2005 | $26.25B | +16.4% | ||
| 2004 | $22.54B | +32.9% | ||
| 2003 | $16.97B | +20.4% | ||
| 2002 | $14.10B | +19.0% | ||
| 2001 | $11.85B | -12.7% | ||
| 2000 | $13.57B | -4.0% | ||
| 1999 | $14.13B | +40.7% | ||
| 1998 | $10.05B | -19.8% | ||
| 1997 | $12.52B | +15.5% | ||
| 1996 | $10.84B | +219.7% | ||
| 1995 | $3.39B | +14.5% | ||
| 1994 | $2.96B | +26.4% | ||
| 1993 | $2.34B | +35.0% | ||
| 1992 | $1.74B | — |
EBITDA values are taken from Bank of America's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Bank of America (BAC) reported EBITDA of $40.01B – grew 27.2% year-over-year.
Bank of America EBITDA has grown for 2 consecutive years, with a +13.9% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak EBITDA at $40.01B, with the historical low of $1.74B recorded in 1992.
Among 8 Financial Services peers, Bank of America (BAC) ranks 3rd; the peer median for EBITDA is $26.31B.
Bank of America EBITDA by Year
Bank of America EBITDA 2025: $40.01B
Bank of America EBITDA in 2025 was $40.01B, grew 27.2% from 2024. This figure represents the highest annual value in the available history.
Bank of America EBITDA 2024: $31.44B
Bank of America EBITDA in 2024 was $31.44B, edged up 3.4% from 2023.
Bank of America EBITDA 2023: $30.40B
Bank of America EBITDA in 2023 was $30.40B, declined 7.7% below 2022.
Bank of America EBITDA 2022: $32.95B
Bank of America EBITDA in 2022 was $32.95B, declined 8.2% below 2021.
Bank of America EBITDA 2021: $35.87B
Bank of America EBITDA in 2021 was $35.87B.
See more financial history for Bank of America (BAC).
Sector peers — EBITDA
Companies in the same sector as Bank of America, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Citigroup Inc. (C) | $23.10B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Bank of America's EBITDA?
- Latest reported EBITDA for Bank of America (BAC) is $41.74B (period ending March 31, 2026).
How has Bank of America EBITDA changed year-over-year?
- Bank of America (BAC) EBITDA changed +27.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Bank of America EBITDA?
- Bank of America (BAC) EBITDA compound annual growth rate is +13.9% over the most recent 5 years available.
When did Bank of America EBITDA hit its highest annual value?
- Bank of America EBITDA reached its highest annual value of $40.01B in 2025.
What was Bank of America EBITDA in 2024?
- Bank of America (BAC) EBITDA in 2024 was $31.44B.
What was Bank of America EBITDA in 2025?
- Bank of America (BAC) EBITDA in 2025 was $40.01B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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