Sunday 11 October 2026 Export all BAC data to Excel Powerpack

Bank of America Corporation

Bank of America Corporation’s revenue for fiscal 2025 (year ended December 2025) was $191.6 billion, down 2.46% from fiscal 2024. In the quarter to June 2026, revenue grew 3.67%, EPS grew 35.6%, free cash flow grew 418.0% and total debt rose 8.44%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

54.32 0.71 +1.32%

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Market cap: $374.9B
P/E: 12.3×
Fwd P/E: 12.0×
Dividend yield: 2.14%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 31.08

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	5	—	1	—	—	—	—	—

Insider Ownership 2.39%

Capital & Financial Ratios $m

Market Cap 374,880.00

Revenue 193,330.00

Net Income 33,637.00

Free Cash Flow 94,742.00

Net Debt (670,492.00)

Current Ratio 0.83

Debt/Equity 1.13

P/E ratio 12.32

Fwd P/E 12.00

P/S ratio 2.01

P/B ratio 1.41

Past 5Y EPS Growth 15.30%

This Y EPS Growth 19.61%

Next Y EPS Growth 14.38%

Next Y revenue growth (35.67%)

Next 5Y EPS Growth 15.51%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 44.42%

10-year low 10-year high

P/S against its own 10 years 38.00%

10-year low 10-year high

P/B against its own 10 years 87.11%

10-year low 10-year high

Dividends

Payout Ratio 0.27

Annual Dividend Rate 1.16

Annual Dividend Yield 2.14%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.19	0.28 0.28 0.32
2025	1.08	0.26 0.26 0.28 0.28
2024	1.00	0.24 0.24 0.26 0.26
2023	0.92	0.22 0.22 0.24 0.24
2022	0.86	0.21 0.21 0.22 0.22
2021	0.78	0.18 0.18 0.21 0.21
2020	0.72	0.18 0.18 0.18 0.18
2019	0.66	0.15 0.15 0.18 0.18
2018	0.54	0.12 0.12 0.15 0.15
2017	0.39	0.08 0.08 0.12 0.12
2016	0.25	0.05 0.05 0.08 0.08

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	899,397	885,655	922,851	1,010,355
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	2,027,670	2,060,042	2,198,699	2,327,664

	2023	2024	2025	Q'26
Payables	1,923,827	1,965,467	2,018,729	2,025,124
ST’ Debt	—	—	—	—
Other	95,530	92,543	105,996	123,162
	2,542,869	2,644,704	2,748,603	2,815,657

Compound Annual Growth %

	10y	5y	3y
Sales	7.43%	15.36%	18.52%
Cash Flow	(7.79%)	(19.79%)	0.00%
Earnings	7.25%	12.02%	3.75%
Book Value	1.70%	2.13%	3.54%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	47,886	49,393	—	—	—
’25	47,870	47,646	48,221	47,830	191,567
’24	48,071	48,529	48,869	50,934	196,403
’23	40,465	43,393	44,412	47,830	176,100
’22	24,550	25,219	30,358	34,926	115,053
’21	24,019	22,620	24,008	23,204	93,851
’20	26,735	24,018	21,693	21,307	93,753

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	41,770	29,043	—	—	—
’25	(2,184)	(9,132)	46,874	(22,945)	12,613
’24	(15,539)	18,096	(37,276)	25,914	(8,805)
’23	(11,300)	11,786	11,772	32,724	44,982
’22	(45,430)	(5,049)	13,154	30,998	(6,327)
’21	(52,328)	(9,311)	9,795	44,651	(7,193)
’20	19,043	(3,006)	(32,638)	54,594	37,993

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	41,770	29,043	—	—	—
’25	(2,184)	(9,132)	46,874	(22,945)	12,613
’24	(15,539)	18,096	(37,276)	25,914	(8,805)
’23	(11,300)	11,786	11,772	32,724	44,982
’22	(45,430)	(5,049)	13,154	30,998	(6,327)
’21	(52,328)	(9,311)	9,795	44,651	(7,193)
’20	19,043	(3,006)	(32,638)	54,594	37,993

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.11	1.21	—	—	—
’25	0.90	0.89	1.06	0.98	3.81
’24	0.76	0.83	0.81	0.82	3.21
’23	0.94	0.88	0.90	0.35	3.08
’22	0.80	0.73	0.81	0.85	3.19
’21	0.86	1.03	0.85	0.82	3.57
’20	0.40	0.37	0.51	0.59	1.87

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.99	22.01	22.66	24.01	17.95	29.57	29.31	24.96	31.27	33.07	Analyst estimates 2026–2028 Powerpack
	High	23.39	30.03	33.05	35.72	35.67	48.69	50.11	37.00	48.08	56.55
People
People	Employees	208,000	209,000	204,000	208,000	213,000	208,000	217,000	213,000	213,000	213,000
	Revenue/emp, $m	0.45	0.48	0.54	0.55	0.44	0.45	0.53	0.83	0.92	0.90
Income, $m
Income, $m	Revenue	93,662	99,466	109,627	113,589	93,753	93,851	115,053	176,100	196,403	191,567
	Gross margin, %	89.36	87.59	83.03	80.33	91.23	94.95	82.53	58.36	53.90	59.04
	EBT	25,021	29,213	34,584	32,754	18,995	33,976	30,969	32,530	33,223	37,695
	EBT margin, %	26.71	29.37	31.55	28.84	20.26	36.20	26.92	18.47	16.92	19.68
	Net income	17,822	18,232	28,147	27,430	17,894	31,978	27,528	26,305	26,973	30,509
	Depreciation	5,375	4,354	3,887	3,795	5,944	7,735	4,050	1,660	1,859	1,455
Per share, $
Per share, $	Revenue	9.11	9.76	10.86	12.10	10.71	11.05	14.18	21.93	25.00	25.47
	Earnings	1.58	1.63	2.64	2.77	1.88	3.60	3.21	3.10	3.25	3.86
	Cash flow	1.68	0.97	3.91	6.58	4.34	(0.85)	(0.78)	5.60	(1.12)	1.68
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	1.68	0.97	3.91	6.58	4.34	(0.85)	(0.78)	5.60	(1.12)	1.68
	Book value	25.88	26.20	26.28	28.20	31.18	31.80	33.67	36.33	37.42	40.31
	Shares, m	10,284	10,196	10,097	9,391	8,753	8,493	8,114	8,029	7,856	7,522
Valuation, ×
Valuation, ×	P/E	15.54	18.46	9.30	12.67	16.04	12.39	10.47	10.94	13.52	14.18
	P/S	2.47	3.06	2.27	2.91	2.83	4.03	2.36	1.55	1.76	2.16
	P/B	0.96	1.25	1.02	1.37	1.07	1.54	1.11	1.03	1.27	1.49
	EV/Sales	(0.93)	(0.59)	(1.66)	(0.89)	(3.86)	(2.08)	(2.20)	(1.85)	(1.31)	(1.00)
	EV/FCF	(5.36)	(6.55)	(4.72)	(1.67)	(9.76)	24.00	34.86	(7.38)	26.39	(16.39)
Cash, $m
Cash, $m	Operating cash flow	17,277	9,864	39,520	61,777	37,993	(7,193)	(6,327)	44,982	(8,805)	12,613
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	17,277	9,864	39,520	61,777	37,993	(7,193)	(6,327)	44,982	(8,805)	12,613
Balance, $m
Balance, $m	Working capital	(166,266)	(162,285)	(148,047)	(177,989)	(365,799)	(673,837)	(548,757)	(515,199)	(584,662)	(549,904)
	Total debt	216,823	227,402	229,392	240,856	262,934	280,117	275,982	302,204	283,279	317,816
	Net debt	(319,209)	(363,290)	(430,985)	(432,234)	(626,987)	(573,048)	(525,162)	(597,193)	(602,376)	(605,035)
	Shareholders’ equity	266,195	267,146	265,325	264,810	272,924	270,066	273,197	291,646	293,963	303,243
Returns, %
Returns, %	ROA	0.75	0.74	1.15	1.09	0.63	1.02	0.84	0.79	0.79	0.87
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	6.80	6.84	10.94	10.73	6.73	12.38	10.61	9.71	9.49	10.60

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
JPM JPMorgan Chase & Co.	$881.0B	14.2×	14.0×	+17.89% (above 0%: growing)	+46.86% (above 0%: growing)	−185.57% (below 0%: shrinking)	69.55%	0.00%	Compare
BAC Bank of America Corporation	$374.9B	12.3×	12.0×	+3.67% (above 0%: growing)	+35.56% (above 0%: growing)	+418.04% (above 0%: growing)	63.89%	0.00%
SMFG Sumitomo Mitsui Financial Group Inc	$318.2B	9.5×	—	+17.73% (above 0%: growing)	+85.19% (above 0%: growing)	−63.80% (below 0%: shrinking)	58.44%	0.00%	Compare
HSBC HSBC Holdings plc	$317.4B	13.1×	—	−18.77% (below 0%: shrinking)	−24.07% (below 0%: shrinking)	+75.40% (above 0%: growing)	100.00%	0.00%	Compare
MUFG Mitsubishi UFJ Financial Group, Inc.	$253.0B	17.4×	—	+21.62% (above 0%: growing)	+32.35% (above 0%: growing)	−145.30% (below 0%: shrinking)	61.56%	0.00%	Compare
WFC Wells Fargo & Company	$248.1B	12.1×	11.7×	+10.37% (above 0%: growing)	+25.47% (above 0%: growing)	+160.40% (above 0%: growing)	67.35%	0.00%	Compare
C Citigroup Inc.	$214.9B	13.9×	12.2×	+6.97% (above 0%: growing)	+56.72% (above 0%: growing)	+33.24% (above 0%: growing)	54.67%	0.00%	Compare
SAN Banco Santander, S.A.	$196.1B	10.9×	10.1×	+4.44% (above 0%: growing)	+8.00% (above 0%: growing)	−105.65% (below 0%: shrinking)	100.00%	0.00%	Compare
UBS UBS Group AG	$144.1B	15.7×	14.4×	−40.29% (below 0%: shrinking)	+21.33% (above 0%: growing)	−53.01% (below 0%: shrinking)	100.00%	0.00%	Compare
Median of peers	$250.5B	13.5×	12.2×	+8.67%	+28.91%	−58.40%	68.45%	0.00%

All 14 Banks Diversified stocks →

Bank of America Corporation (BAC) key facts

Concern: Bank of America Corporation’s revenue for fiscal 2025 (year ended December 2025) was $191.6 billion, down 2.46% from fiscal 2024.
Bank of America Corporation (BAC) is a Banks Diversified company in the Financial sector, listed on the New York Stock Exchange.
As of October 9, 2026, BAC traded at $54.32, a market capitalization of $374.9 billion.
Bank of America Corporation pays an annual dividend of $1.16 per share, a yield of 2.14%, with a payout ratio of 26.6%.
Return on equity was 10.6% and debt-to-equity 1.13.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Financial Analysis (summary)

Updated 25 September 2026

Bank of America reported revenue of $191.6 billion and net income of $30.5 billion in FY2025. In Q2 FY2026, revenue was $49.4 billion, net income was $9.1 billion, and diluted EPS was $1.21. Market capitalisation was $400.7 billion as of September 24, 2026.

FY2025 revenue declined by −2.46% against FY2024, while net income grew by 13.1% against FY2024. The trailing-twelve-month period to Q2 FY2026 recorded revenue of $193.3 billion and net income of $33.6 billion. Net debt was −$670.5 billion in Q2 FY2026, alongside a current ratio of 0.8× in Q2 FY2026.

Read the full analysis →