TTM
$43.9B
YoY change
+28.9%
5Y CAGR
+14.7%
Peak year (FY2025)
$37.7B
Cumulative operating income
$578B
Operating Income history chart for Bank of America (BAC) from 2016 to 2025
Latest: $37.7B
Operating Income growth chart for Bank of America (BAC) from 2016 to 2025
Latest: +28.9%
Operating Income history table for Bank of America (BAC) from 1992 to 2025
| FY2025 | $37.7B | +28.9% | +$8.44B | ||
| FY2024 | $29.3B | +3.2% | +$912M | ||
| FY2023 | $28.3B | -8.5% | -$2.63B | ||
| FY2022 | $31B | -8.9% | -$3.01B | ||
| FY2021 | $34B | +78.9% | +$15B | ||
| FY2020 | $19B | -42.0% | -$13.8B | ||
| FY2019 | $32.8B | -5.3% | -$1.83B | ||
| FY2018 | $34.6B | +18.4% | +$5.37B | ||
| FY2017 | $29.2B | +16.8% | +$4.19B | ||
| FY2016 | $25B | +12.8% | +$2.83B | ||
| FY2015 | $22.2B | +178.6% | +$14.2B | ||
| FY2014 | $7.96B | -50.8% | -$8.21B | ||
| FY2013 | $16.2B | +426.4% | +$13.1B | ||
| FY2012 | $3.07B | -1435.7% | +$3.3B | ||
| FY2011 | -$230M | -82.6% | +$1.09B | ||
| FY2010 | -$1.32B | -130.3% | -$5.68B | ||
| FY2009 | $4.36B | -1.5% | -$68M | ||
| FY2008 | $4.43B | -78.8% | -$16.5B | ||
| FY2007 | $20.9B | -34.6% | -$11B | ||
| FY2006 | $32B | +30.6% | +$7.49B | ||
| FY2005 | $24.5B | +17.1% | +$3.57B | ||
| FY2004 | $20.9B | +31.8% | +$5.05B | ||
| FY2003 | $15.9B | +22.1% | +$2.87B | ||
| FY2002 | $13B | +28.4% | +$2.87B | ||
| FY2001 | $10.1B | -14.2% | -$1.67B | ||
| FY2000 | $11.8B | -3.5% | -$427M | ||
| FY1999 | $12.2B | +51.8% | +$4.17B | ||
| FY1998 | $8.05B | -23.8% | -$2.51B | ||
| FY1997 | $10.6B | +13.4% | +$1.25B | ||
| FY1996 | $9.31B | +211.3% | +$6.32B | ||
| FY1995 | $2.99B | +17.1% | +$436M | ||
| FY1994 | $2.56B | +28.3% | +$564M | ||
| FY1993 | $1.99B | +42.6% | +$595M | ||
| FY1992 | $1.4B | — | — |
- FY2025$37.7B+28.9%
- FY2024$29.3B+3.2%
- FY2023$28.3B-8.5%
- FY2022$31B-8.9%
- FY2021$34B+78.9%
- FY2020$19B-42.0%
- FY2019$32.8B-5.3%
- FY2018$34.6B+18.4%
- FY2017$29.2B+16.8%
- FY2016$25B+12.8%
- FY2015$22.2B+178.6%
- FY2014$7.96B-50.8%
- FY2013$16.2B+426.4%
- FY2012$3.07B-1435.7%
- FY2011-$230M-82.6%
- FY2010-$1.32B-130.3%
- FY2009$4.36B-1.5%
- FY2008$4.43B-78.8%
- FY2007$20.9B-34.6%
- FY2006$32B+30.6%
- FY2005$24.5B+17.1%
- FY2004$20.9B+31.8%
- FY2003$15.9B+22.1%
- FY2002$13B+28.4%
- FY2001$10.1B-14.2%
- FY2000$11.8B-3.5%
- FY1999$12.2B+51.8%
- FY1998$8.05B-23.8%
- FY1997$10.6B+13.4%
- FY1996$9.31B+211.3%
- FY1995$2.99B+17.1%
- FY1994$2.56B+28.3%
- FY1993$1.99B+42.6%
- FY1992$1.4B—
Operating 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 Operating Income at Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's current operating income (TTM) is $43.9B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Bank of America (BAC) came in at $37.7B – grew 28.9% year-over-year.
Across 2020–2025 (5 years), Bank of America operating income produced a CAGR of +14.7% – sustaining 2 straight years of year-over-year growth.
The record annual operating income stands at $37.7B, reached in 2025; the historical low of -$1.32B was recorded in 2010.
Bank of America Operating Income by Year
Bank of America Operating Income 2025: $37.7B
2025's operating income for Bank of America came in at $37.7B, grew 28.9% from 2024. This figure represents the highest annual value in the available history.
Bank of America Operating Income 2024: $29.3B
Bank of America posted operating income of $29.3B in 2024, edged up 3.2% from 2023.
Bank of America Operating Income 2023: $28.3B
In 2023, Bank of America reported operating income of $28.3B, declined 8.5% below 2022.
Bank of America Operating Income 2022: $31B
Bank of America operating income in 2022 was $31B, declined 8.9% below 2021.
Bank of America Operating Income 2021: $34B
Bank of America operating income in 2021 was $34B.
See more financial history for Bank of America (BAC).
Sector peers by Operating Income
Financial Services peers of Bank of America (BAC), ranked by their latest operating income
| $72.6B | |
| $58.9B | |
| $25.2B | |
| $24B | |
| $22B | |
| $21.9B | |
| $19.4B | |
| $13.8B |
- $72.6B
- $25.2B
- $24B
- $21.9B
- $19.4B
- $13.8B
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