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.

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.

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 is a public company headquartered in North Carolina with an estimated 213,000 employees. In the US, the company has a notable market share in at least seven industries: Commercial Banking, Credit Card Issuing, Loan Administration, Check Cashing & Other Services, Custody, Asset & Securities Services, Investment Banking & Securities Intermediation, Private Banking Services, Merchant Banking Services and Commercial Banking. Their largest market share is in the Private Banking Services industry, where they account for an estimated 12.5% of total industry revenue.

Bank of America's quarterly revenue net of interest expense has shown remarkable resilience and growth over the past decade. From 2012 to 2024, the financial giant demonstrated its ability to navigate changing economic landscapes, with revenue reaching 25.35 billion U.S. dollars in the fourth quarter of 2024.

Bank Of America reported 0.81 in Interest Income for its fiscal quarter ending in September of 2024. Data for Bank Of America | BAC - Interest Income including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Bank of America's quarterly net interest income varied significantly between 2012 and 2024, with 2023 and 2024 recording the highest levels during this period. In the fourth quarter of 2024, the bank's net interest income reached approximately 14.36 billion U.S. dollars.

Brazil Bank of America Merrill Lynch: Income Statement: Net Non-Operating Income data was reported at 0.000 BRL th in Mar 2019. This records an increase from the previous number of -17.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Income Statement: Net Non-Operating Income data is updated quarterly, averaging -13.000 BRL th from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of 175,064.000 BRL th in Dec 2007 and a record low of -4,156.000 BRL th in Dec 2013. Brazil Bank of America Merrill Lynch: Income Statement: Net Non-Operating 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.

Graph and download economic data for Total Revenue for Commercial Banking, All Establishments, Employer Firms (REVEF52211ALLEST) from 2009 to 2022 about employer firms, accounting, revenue, establishments, commercial, services, banks, depository institutions, and USA.

Brazil Bank of America Merrill Lynch: Income Statement: OOIE: Investment 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: Income Statement: OOIE: Investment Income data is updated quarterly, averaging 0.000 BRL th from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of 2,793.000 BRL th in Jun 2007 and a record low of 0.000 BRL th in Mar 2019. Brazil Bank of America Merrill Lynch: Income Statement: OOIE: Investment 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.

Indonesia Bank of America, N.A: Interest Income: Interest: Foreign Currency data was reported at 59.404 IDR bn in Jun 2019. This records an increase from the previous number of 52.722 IDR bn for May 2019. Indonesia Bank of America, N.A: Interest Income: Interest: Foreign Currency data is updated monthly, averaging 8.324 IDR bn from Jan 2002 (Median) to Jun 2019, with 209 observations. The data reached an all-time high of 110.156 IDR bn in Dec 2018 and a record low of 0.236 IDR bn in Jan 2003. Indonesia Bank of America, N.A: Interest Income: Interest: Foreign Currency data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Banking Sector – Table ID.KBF012: Foreign Bank: Income Statement: Bank of America N.A.

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.

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.

Brazil Bank of America Merrill Lynch: Income Statement: Net Interest Income (NII) data was reported at 329,057.000 BRL th in Mar 2019. This records a decrease from the previous number of 623,287.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Income Statement: Net Interest Income (NII) data is updated quarterly, averaging 30,072.000 BRL th from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of 1,323,260.000 BRL th in Dec 2015 and a record low of -69,258.000 BRL th in Mar 2009. Brazil Bank of America Merrill Lynch: Income Statement: Net Interest Income (NII) 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.

Graph and download economic data for Total Revenue for Investment Banking and Securities Dealing, All Establishments, Employer Firms (REVEF52311ALLEST) from 1998 to 2022 about finance companies, employer firms, accounting, companies, revenue, finance, establishments, investment, financial, securities, services, banks, depository institutions, and USA.

The revenue net of interest income of Bank of America fluctuated considerably between 2007 and 2024. In 2024, the revenue net of interest income of the bank amounted to approximately 101.9 billion U.S. dollars. In comparison, this figure was much lower in 2007, at roughly 67 billion U.S. dollars.

Bank Of America Salg - Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Mar 2025.Data for Bank Of America | Salg including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Brazil Bank of America Merrill Lynch: Income Statement: OOIE: Personnel Expenses data was reported at -158,799.000 BRL th in Mar 2019. This records an increase from the previous number of -249,862.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Income Statement: OOIE: Personnel Expenses data is updated quarterly, averaging -53,931.000 BRL th from Mar 2000 (Median) to Mar 2019, with 77 observations. The data reached an all-time high of -6,271.000 BRL th in Sep 2004 and a record low of -311,036.000 BRL th in Dec 2015. Brazil Bank of America Merrill Lynch: Income Statement: OOIE: Personnel Expenses 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.

In 2023, JPMorgan Chase was the commercial bank with the highest revenue in the United States, with a total revenue of over 158 billion U.S. dollars. Bank of America and Wells Fargo followed, with 95.6 and 82.6 billion U.S. dollars, respectively. These three banks were also the largest banks in terms of total assets in the United States that year. Commercial banking A commercial bank is a bank that offers financial services to private customers and companies, such as accepting deposits, checking services or loans. Commercial banks earn money through interest rates on the loans that they offer. Such rates are significantly higher than the interest rates paid to the bank customers for depositing their assets in a bank. This difference in rates is called net interest income, which is one of the leading indicators of bank performance. Commercial vs investment banks Some banks specialize only in commercial or investment banking, while some banks combine both divisions in their operations. Investment banks specialize in managing assets of their clients, underwriting securities or supervising merger and acquisition transactions.

The Challenger Banks Market in North America is Segmented by Service Type (loans, Mobile Banking, Checking & Savings Accounts, Payment & Money Transfer, and Others), End-User Type (business and Personal), and Country (USA and Canada). The Report Offers Market Size and Forecasts for the Challenger Banks in North America in Value (USD) for all the Above Segments.