The net income of Bank of America increased overall between 2009 and 2024, despite some considerable fluctuations. In 2024, the net income of the bank amounted to approximately 27.13 billion U.S. dollars, marking a slight increase compared to the previous year.
Bank of America's quarterly net income has fluctuated significantly over the years, peaking at 9.22 billion U.S. dollars in the second quarter of 2021. However, it saw a sharp decline in the fourth quarter of 2023, dropping to 3.14 billion U.S. dollars. Throughout 2024, the bank's quarterly net income remained relatively stable, averaging just below seven billion U.S. dollars per quarter. This volatility reflects broader trends in the U.S. banking industry, where major institutions have struggled to maintain consistent growth amid evolving economic conditions.
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Bank Of America reported $7.4B in Net Income for its fiscal quarter ending in March of 2025. Data for Bank Of America | BAC - Net Income including historical, tables and charts were last updated by Trading Economics this last June in 2025.
As of 2024, the United States remained the primary region where Bank of America generated the majority of its revenue, net of interest expense. That year, the bank reported approximately 88.5 billion U.S. dollars in revenue, excluding interest expenses, from its U.S. operations.
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Taiwan LF: Bank of America: Net Income before Income Tax: Year to Date data was reported at 547.000 NTD mn in May 2018. This records an increase from the previous number of 467.000 NTD mn for Apr 2018. Taiwan LF: Bank of America: Net Income before Income Tax: Year to Date data is updated monthly, averaging 392.000 NTD mn from Nov 1999 (Median) to May 2018, with 223 observations. The data reached an all-time high of 2,089.000 NTD mn in Nov 1999 and a record low of -108.000 NTD mn in Feb 2005. Taiwan LF: Bank of America: Net Income before Income Tax: Year to Date data remains active status in CEIC and is reported by Banking Bureau, Financial Supervisory Commission. The data is categorized under Global Database’s Taiwan – Table TW.KB033: Condensed Financial Structure: Local Branches of Foreign Banks.
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Bank Of America pre-tax profit margin for the quarter ending March 31, 2025 was 15.73%. Bank Of America average pre-tax profit margin for 2024 was 14.36%, a 31.36% increase from 2023. Bank Of America average pre-tax profit margin for 2023 was 20.92%, a 32.49% decline from 2022. Bank Of America average pre-tax profit margin for 2022 was 30.99%, a 3.43% decline from 2021. Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.
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Brazil Bank of America Merrill Lynch: Income Statement: Net Income data was reported at 70,884.000 BRL th in Mar 2019. This records a decrease from the previous number of 142,346.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Income Statement: Net Income data is updated quarterly, averaging 35,235.000 BRL th from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of 238,853.000 BRL th in Dec 2007 and a record low of -36,636.000 BRL th in Jun 2009. Brazil Bank of America Merrill Lynch: Income Statement: Net Income data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBB099: Commercial Banks: Income Statement: Bank of America Merril Lynch.
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Brazil Bank of America Merrill Lynch: Prudential: Income Statement: Net Income data was reported at 70,884.000 BRL th in Mar 2019. This records a decrease from the previous number of 142,346.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Prudential: Income Statement: Net Income data is updated quarterly, averaging 73,546.000 BRL th from Mar 2014 (Median) to Mar 2019, with 21 observations. The data reached an all-time high of 217,615.000 BRL th in Jun 2016 and a record low of 3,228.000 BRL th in Mar 2014. Brazil Bank of America Merrill Lynch: Prudential: Income Statement: Net Income data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBC099: Commercial Banks: Income Statement: Bank of America Merril Lynch.
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Graph and download economic data for Net Interest Income for Commercial Banks in United States (DISCONTINUED) (USNII) from Q1 1984 to Q3 2020 about commercial, Net, banks, interest, depository institutions, income, and USA.
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Bank of America Corporation's annual net income per employee was $127.38 K in fiscal year 2024. The net income per employeeincreased$2.90 Kfrom $124.48 K(in 2023) to $127.38 K (in 2024), representing a 2.33% year-over-year growth.
The statistic shows the revenue of Bank of America in 2014, by business segment. In that year, the revenue of Consumer and Business Banking segment amounted to 29.86 billion U.S. dollars.
JPMorgan Chase dominated the U.S. banking landscape in 2023, reporting a net income of 47.5 billion U.S. dollars, almost 20 billion more than Bank of America, which ranked second. Wells Fargo ranked third, with a net income of roughly 22 billion U.S. dollars. These three banks were also the largest banks based on total assets. The substantial lead held by JPMorgan Chase underscores its position as the financial powerhouse among American banks, reflecting its robust performance across various banking sectors. Market capitalization and global standing JPMorgan Chase's financial prowess extends beyond net income. With a market capitalization of 491.76 billion U.S. dollars as of December 31, 2023, it stood as the most valuable bank in the United States. Its massive market capitalization also made it the largest bank globally, with Bank of America following from a distance. This impressive valuation, coupled with its substantial net income, cements JPMorgan Chase's status as a financial titan. Asset base of JPMorgan Chase JPMorgan Chase's leadership is also evident in its asset base. The bank held 8.56 percent of total banking assets in the United States as of December 2023, surpassing Bank of America and Wells Fargo. This substantial market share translated to over 3.9 trillion U.S. dollars in total assets.
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Bank Of America Net Gelir - Akım değerleri, tarihsel veriler, tahminler, istatistikler, grafikler ve ekonomik takvim - Jun 2025.Data for Bank Of America | Net Gelir including historical, tables and charts were last updated by Trading Economics this last June in 2025.
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In fiscal year 2024, Bank of America Corporation's revenue by segment (products & services) are as follows: Investment and Brokerage Services: $17.77 B, Investment And Brokerage Services, Asset Management Fees: $13.88 B, Investment And Brokerage Services, Brokerage Fees: $3.89 B, Investment Banking Fees: $6.19 B, Investment Banking Income, Financial Advisory Services: $1.69 B, Investment Banking Income, Syndication Fees: $1.22 B, Investment Banking Income, Underwriting Income: $3.28 B.
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Bank Of America Revenu Net - Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Jun 2025.Data for Bank Of America | Revenu Net including historical, tables and charts were last updated by Trading Economics this last June in 2025.
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Graph and download economic data for Income and Expense: Net Income (Loss) Attributable to Bank (QBPQYNTYBK) from Q1 1984 to Q1 2025 about gains/losses, Net, banks, depository institutions, income, and USA.
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United States BAC: Net Income Due to Bank & NCI data was reported at 6,292,000.000 USD th in Dec 2019. This records an increase from the previous number of 5,784,000.000 USD th for Sep 2019. United States BAC: Net Income Due to Bank & NCI data is updated quarterly, averaging 3,816,500.000 USD th from Mar 2009 (Median) to Dec 2019, with 44 observations. The data reached an all-time high of 7,815,000.000 USD th in Dec 2018 and a record low of -116,251.000 USD th in Dec 2009. United States BAC: Net Income Due to Bank & NCI data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB055: Financial Data: Federal Deposit Insurance Corporation: Bank of America.
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United States BAC: Net Income Due to Non-controlling Interests data was reported at 0.000 USD th in Dec 2019. This stayed constant from the previous number of 0.000 USD th for Sep 2019. United States BAC: Net Income Due to Non-controlling Interests data is updated quarterly, averaging 0.000 USD th from Mar 2009 (Median) to Dec 2019, with 44 observations. The data reached an all-time high of 21,006.000 USD th in Sep 2009 and a record low of -40,459.000 USD th in Dec 2009. United States BAC: Net Income Due to Non-controlling Interests data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB055: Financial Data: Federal Deposit Insurance Corporation: Bank of America.
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Bank Of America reported $9.6B in EBIT for its fiscal quarter ending in March of 2025. Data for Bank Of America | BAC - Ebit including historical, tables and charts were last updated by Trading Economics this last June in 2025.
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Brazil Bank of America Merrill Lynch: Prudential: Income Statement: NII: Interest Expenses: Foreign Exchange Net Income data was reported at 0.000 BRL th in Mar 2019. This stayed constant from the previous number of 0.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Prudential: Income Statement: NII: Interest Expenses: Foreign Exchange Net Income data is updated quarterly, averaging 0.000 BRL th from Mar 2014 (Median) to Mar 2019, with 21 observations. The data reached an all-time high of 0.000 BRL th in Mar 2019 and a record low of -24,141.000 BRL th in Mar 2015. Brazil Bank of America Merrill Lynch: Prudential: Income Statement: NII: Interest Expenses: Foreign Exchange Net Income data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBC099: Commercial Banks: Income Statement: Bank of America Merril Lynch.
The net income of Bank of America increased overall between 2009 and 2024, despite some considerable fluctuations. In 2024, the net income of the bank amounted to approximately 27.13 billion U.S. dollars, marking a slight increase compared to the previous year.