Bank of America Corporation

BAC Financial Banks Diversified

Bank of America Corporation’s revenue for fiscal 2025 (year ended December 2025) was $191.6 billion, down 2.46% from fiscal 2024.

Revenue
−2.86%
EPS
−13.9%
Free cash flow
−113.9%
Total debt
+2.31%

Quarter to September 2026, against a year earlier

50.10 1.53 −2.96%
Market cap
$343.4B
P/E
11.8×
Fwd P/E
11.4×
Dividend yield
2.32%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Bank of America Corporation (BAC) Debt to equity

Alert me on Debt to equity

Bank of America Corporation's debt to equity at the end of the quarter to 30 September 2026 was 1.1×, up 0.0× from fiscal 2025 (1.0×). Over the past ten years it has ranged from 0.8× (fiscal 2016) to 1.0× (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Banks Diversified industry median of 1.1× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.0× 8.76%
FY2024 1.0× (7.00%)
FY2023 1.0× 2.57%
FY2022 1.0× (2.60%)
FY2021 1.0× 7.66%
FY2020 1.0× 5.93%
FY2019 0.9× 5.19%
FY2018 0.9× 1.57%
FY2017 0.9× 4.51%
FY2016 0.8× (11.87%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.1× (4.86%)
Jun 2026 1.1× 4.12%
Mar 2026 1.1× 3.43%
Dec 2025 1.0× 2.34%
43 more quarters

Against its own ten years

Low 0.8× High 1.0×
Ten-year median 1.0×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 0.0×
HSBC HSBC Holdings plc compare 0.5×
WFC Wells Fargo & Company compare 1.0×
BAC Bank of America Corporation 1.1×
MUFG Mitsubishi UFJ Financial Group, Inc. compare 1.1×
C Citigroup Inc. compare 1.6×
SMFG Sumitomo Mitsui Financial Group Inc compare 1.7×
UBS UBS Group AG compare 3.7×
SAN Banco Santander, S.A. compare 14.0×
Banks Diversified industry median 1.1×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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