TTM
$33.7B
YoY change
+12.4%
5Y CAGR
+11.3%
Peak year (FY2021)
$32B
Cumulative net income
$450B
Net Income history chart for Bank of America (BAC) from 2016 to 2025
Latest: $30.5B
Net Income growth chart for Bank of America (BAC) from 2016 to 2025
Latest: +12.4%
Net Income history table for Bank of America (BAC) from 1992 to 2025
| FY2025 | $30.5B | +12.4% | +$3.38B | ||
| FY2024 | $27.1B | +2.3% | +$617M | ||
| FY2023 | $26.5B | -3.7% | -$1.01B | ||
| FY2022 | $27.5B | -13.9% | -$4.45B | ||
| FY2021 | $32B | +78.7% | +$14.1B | ||
| FY2020 | $17.9B | -34.8% | -$9.54B | ||
| FY2019 | $27.4B | -2.5% | -$717M | ||
| FY2018 | $28.1B | +54.4% | +$9.92B | ||
| FY2017 | $18.2B | +2.3% | +$410M | ||
| FY2016 | $17.8B | +12.0% | +$1.91B | ||
| FY2015 | $15.9B | +188.2% | +$10.4B | ||
| FY2014 | $5.52B | -51.7% | -$5.91B | ||
| FY2013 | $11.4B | +172.9% | +$7.24B | ||
| FY2012 | $4.19B | +189.6% | +$2.74B | ||
| FY2011 | $1.45B | -164.6% | +$3.68B | ||
| FY2010 | -$2.24B | -135.7% | -$8.51B | ||
| FY2009 | $6.28B | +56.6% | +$2.27B | ||
| FY2008 | $4.01B | -73.2% | -$11B | ||
| FY2007 | $15B | -29.1% | -$6.15B | ||
| FY2006 | $21.1B | +28.4% | +$4.67B | ||
| FY2005 | $16.5B | +18.1% | +$2.52B | ||
| FY2004 | $13.9B | +29.0% | +$3.14B | ||
| FY2003 | $10.8B | +16.9% | +$1.56B | ||
| FY2002 | $9.25B | +36.2% | +$2.46B | ||
| FY2001 | $6.79B | -9.6% | -$725M | ||
| FY2000 | $7.52B | -4.6% | -$365M | ||
| FY1999 | $7.88B | +52.6% | +$2.72B | ||
| FY1998 | $5.17B | -21.0% | -$1.38B | ||
| FY1997 | $6.54B | +12.5% | +$729M | ||
| FY1996 | $5.81B | +198.1% | +$3.86B | ||
| FY1995 | $1.95B | +15.4% | +$260M | ||
| FY1994 | $1.69B | +12.6% | +$189M | ||
| FY1993 | $1.5B | +31.1% | +$356M | ||
| FY1992 | $1.15B | — | — |
- FY2025$30.5B+12.4%
- FY2024$27.1B+2.3%
- FY2023$26.5B-3.7%
- FY2022$27.5B-13.9%
- FY2021$32B+78.7%
- FY2020$17.9B-34.8%
- FY2019$27.4B-2.5%
- FY2018$28.1B+54.4%
- FY2017$18.2B+2.3%
- FY2016$17.8B+12.0%
- FY2015$15.9B+188.2%
- FY2014$5.52B-51.7%
- FY2013$11.4B+172.9%
- FY2012$4.19B+189.6%
- FY2011$1.45B-164.6%
- FY2010-$2.24B-135.7%
- FY2009$6.28B+56.6%
- FY2008$4.01B-73.2%
- FY2007$15B-29.1%
- FY2006$21.1B+28.4%
- FY2005$16.5B+18.1%
- FY2004$13.9B+29.0%
- FY2003$10.8B+16.9%
- FY2002$9.25B+36.2%
- FY2001$6.79B-9.6%
- FY2000$7.52B-4.6%
- FY1999$7.88B+52.6%
- FY1998$5.17B-21.0%
- FY1997$6.54B+12.5%
- FY1996$5.81B+198.1%
- FY1995$1.95B+15.4%
- FY1994$1.69B+12.6%
- FY1993$1.5B+31.1%
- FY1992$1.15B—
Net Income 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 Net Income at Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's current net income (TTM) is $33.7B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Bank of America (BAC) net income is $30.5B – grew 12.4% year-over-year.
Bank of America net income has grown for 2 consecutive years, with a +11.3% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Bank of America net income edged down 4.6%, falling from $32B to $30.5B.
2021 marks the peak net income at $32B, with the historical low of -$2.24B recorded in 2010.
Bank of America Net Income by Year
Bank of America Net Income 2025: $30.5B
2025's net income for Bank of America came in at $30.5B, grew 12.4% from 2024.
Bank of America Net Income 2024: $27.1B
Bank of America posted net income of $27.1B in 2024, edged up 2.3% from 2023.
Bank of America Net Income 2023: $26.5B
In 2023, Bank of America reported net income of $26.5B, edged down 3.7% below 2022.
Bank of America Net Income 2022: $27.5B
Bank of America net income in 2022 was $27.5B, declined 13.9% below 2021.
Bank of America Net Income 2021: $32B
Bank of America net income in 2021 was $32B.
See more financial history for Bank of America (BAC).
Sector peers by Net Income
Financial Services peers of Bank of America (BAC), ranked by their latest net income
| $67B | |
| $57B | |
| $21.3B | |
| $20.1B | |
| $17.2B | |
| $16.9B | |
| $15B | |
| $10.8B |
- $21.3B
- $20.1B
- $17.2B
- $16.9B
- $15B
- $10.8B
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- Buybacks6.83% TTM
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- Stock Split History3 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.