TTM
$110.47B
YoY change
+11.8%
5Y CAGR
+7.7%
Peak year (2025)
$107.42B
Cumulative gross profit
$1.99T
Gross Profit history chart for Bank of America (BAC) from 1992 to 2025
Latest: $107.42B
Gross Profit growth chart for Bank of America (BAC) from 1992 to 2025
Latest: +11.8%
Gross Profit history table for Bank of America (BAC) from 1992 to 2025
| 2025 | $107.42B | +11.8% | +$11.36B | ||
| 2024 | $96.07B | +2.0% | +$1.88B | ||
| 2023 | $94.19B | +1.9% | +$1.78B | ||
| 2022 | $92.41B | -1.4% | −$1.30B | ||
| 2021 | $93.71B | +26.3% | +$19.50B | ||
| 2020 | $74.21B | -15.3% | −$13.45B | ||
| 2019 | $87.65B | -0.1% | −$84.00M | ||
| 2018 | $87.74B | +4.8% | +$4.01B | ||
| 2017 | $83.73B | +4.5% | +$3.63B | ||
| 2016 | $80.10B | +0.4% | +$300.00M | ||
| 2015 | $79.80B | -4.6% | −$3.81B | ||
| 2014 | $83.62B | +1.4% | +$1.13B | ||
| 2013 | $82.48B | +12.8% | +$9.39B | ||
| 2012 | $73.09B | +0.6% | +$411.00M | ||
| 2011 | $72.68B | -5.0% | −$3.84B | ||
| 2010 | $76.53B | +25.3% | +$15.47B | ||
| 2009 | $61.06B | +34.4% | +$15.64B | ||
| 2008 | $45.42B | -16.5% | −$8.97B | ||
| 2007 | $54.38B | -15.8% | −$10.19B | ||
| 2006 | $64.58B | +26.7% | +$13.63B | ||
| 2005 | $50.95B | +8.6% | +$4.05B | ||
| 2004 | $46.90B | +30.3% | +$10.91B | ||
| 2003 | $35.99B | +14.5% | +$4.56B | ||
| 2002 | $31.43B | +1.9% | +$601.00M | ||
| 2001 | $30.83B | +1.3% | +$405.00M | ||
| 2000 | $30.42B | -1.0% | −$305.00M | ||
| 1999 | $30.73B | +7.5% | +$2.14B | ||
| 1998 | $28.58B | +0.1% | +$29.00M | ||
| 1997 | $28.55B | +13.9% | +$3.50B | ||
| 1996 | $25.06B | +207.3% | +$16.91B | ||
| 1995 | $8.15B | +8.8% | +$657.00M | ||
| 1994 | $7.50B | +17.3% | +$1.10B | ||
| 1993 | $6.39B | +15.3% | +$847.00M | ||
| 1992 | $5.54B | — | — |
- 2025$107.42B+11.8%
- 2024$96.07B+2.0%
- 2023$94.19B+1.9%
- 2022$92.41B-1.4%
- 2021$93.71B+26.3%
- 2020$74.21B-15.3%
- 2019$87.65B-0.1%
- 2018$87.74B+4.8%
- 2017$83.73B+4.5%
- 2016$80.10B+0.4%
- 2015$79.80B-4.6%
- 2014$83.62B+1.4%
- 2013$82.48B+12.8%
- 2012$73.09B+0.6%
- 2011$72.68B-5.0%
- 2010$76.53B+25.3%
- 2009$61.06B+34.4%
- 2008$45.42B-16.5%
- 2007$54.38B-15.8%
- 2006$64.58B+26.7%
- 2005$50.95B+8.6%
- 2004$46.90B+30.3%
- 2003$35.99B+14.5%
- 2002$31.43B+1.9%
- 2001$30.83B+1.3%
- 2000$30.42B-1.0%
- 1999$30.73B+7.5%
- 1998$28.58B+0.1%
- 1997$28.55B+13.9%
- 1996$25.06B+207.3%
- 1995$8.15B+8.8%
- 1994$7.50B+17.3%
- 1993$6.39B+15.3%
- 1992$5.54B—
Gross Profit values are taken from Bank of America's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's current gross profit (TTM) is $110.47B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Bank of America (BAC) reported gross profit of $107.42B – grew 11.8% year-over-year.
Across 2020–2025 (5 years), Bank of America gross profit produced a CAGR of +7.7% – sustaining 3 straight years of year-over-year growth.
The record annual gross profit stands at $107.42B, reached in 2025; the historical low of $5.54B was recorded in 1992.
Bank of America Gross Profit by Year
Bank of America Gross Profit 2025: $107.42B
2025's gross profit for Bank of America came in at $107.42B, grew 11.8% from 2024. This figure represents the highest annual value in the available history.
Bank of America Gross Profit 2024: $96.07B
Bank of America posted gross profit of $96.07B in 2024, edged up 2.0% from 2023.
Bank of America Gross Profit 2023: $94.19B
In 2023, Bank of America reported gross profit of $94.19B, edged up 1.9% from 2022.
Bank of America Gross Profit 2022: $92.41B
Bank of America gross profit in 2022 was $92.41B, edged down 1.4% below 2021.
Bank of America Gross Profit 2021: $93.71B
Bank of America gross profit in 2021 was $93.71B.
See more financial history for Bank of America (BAC).
Sector peers by Gross Profit
Financial Services peers of Bank of America (BAC), ranked by their latest gross profit
| $167.61B | |
| $87.78B | |
| $80.04B | |
| $74.98B | |
| $65.62B | |
| $59.40B | |
| $32.15B | |
| $27.36B |
- $167.61B
- $87.78B
- $80.04B
- $74.98B
- $65.62B
- $59.40B
- $32.15B
- $27.36B
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