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.

Between 2013 and 2024, the number of mobile banking customers of Bank of America more than doubled. In 2024, the bank's mobile active customer base was just below ** million, up from **** million a year earlier. Among the largest U.S. banks, Bank of America had the second-highest number of mobile customers in 2024.

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 2025, the bank's quarterly net income remained relatively stable, averaging just above 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.

Bank of America's customer deposits have grown substantially over the past decade, reaching more than 2 trillion U.S. dollars by the end of the third quarter of 2025. This impressive growth reflects the bank's position as one of the largest financial institutions in the United States.

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.

The market capitalization of Bank of America increased overall between 2012 and 2025, despite a sharp decrease in 2022. In the fourth quarter of 2021, the market capitalization of the U.S. banking giant peaked, at approximately 359 billion U.S. dollars. In the second quarter of 2022, the market capitalization of the bank dropped to around 250 billion U.S. dollars, and it remained more or less the same in 2023. Market cap of the bank increased in 2025, peaking at 376.1 billion U.S. dollars in the third quarter.

Bank of America's quarterly net interest income varied significantly between 2012 and 2025, recording the highest levels since last quarter 2022. In the third quarter of 2025, the bank's net interest income peaked at approximately 15.23 billion U.S. dollars.

From January 1, 2012, through November 5, 2025, Bank of America received approximately ********consumer complaints. The most common areas of complaint were mortgages, checking and savings accounts, and credit and prepaid cards. Of these, mortgage-related issues led all categories with nearly ****** complaints.

The revenue of Bank Of America Corp with headquarters in the United States amounted to ****** billion U.S. dollars in 2024. The reported fiscal year ends on ***********.Compared to the earliest depicted value from 2020 this is a total increase by approximately ***** billion U.S. dollars. The trend from 2020 to 2024 shows, furthermore, that this increase happened continuously.

Bank of America's client assets reveal a significant concentration in brokerage assets and assets under management, with both categories approaching the 1.9 trillion U.S. dollar mark in 2024. This substantial portfolio underscores the bank's strong position in wealth management and investment services, highlighting its ability to attract and retain high-value clients in a competitive financial landscape.

Bank of America's leadership diversity in 2024 reveals progress but also room for improvement. While ** percent of U.S.-based manager positions were held by ethnic minorities, representation decreased at higher levels. This pattern of diminishing diversity in senior roles is common across major U.S. banks, highlighting an industry-wide challenge in promoting and retaining diverse talent in top positions.

Bank of America's return on equity (ROE) has shown resilience in recent years, reaching 11.13 percent in the third quarter of 2025. This marks a significant improvement from the 4.32 percent recorded in the last quarter of 2023, reflecting the bank's ability to generate profits from shareholders' investments. The fluctuations in Bank of America's ROE mirror broader trends in the U.S. banking sector, which has demonstrated remarkable recovery from past financial crises and economic challenges.

Between 2007 and 2025, the brand value of Bank of America increased overall, despite some fluctuations. In 2012, the American bank had experienced a significant loss in its brand value, reaching its lowest value at around ***** billion U.S. dollars. Conversely, the banking brand was valued the highest in 2025, with a brand value of over ** billion U.S. dollars.

Between 2014 and 2024, Bank of America's total assets were overwhelmingly concentrated in the United States. In 2024, the bank's total assets in the U.S. reached approximately **** trillion U.S. dollars, the highest recorded during this period.

Bank of America's return on assets (ROA) has experienced significant fluctuations over the past two decades, reflecting the bank's performance through various economic cycles. In 2024, the ROA stood at **** percent, slightly down from **** percent in the previous year. This metric, which measures how efficiently a bank uses its assets to generate profits, peaked at **** percent in 2018 and hit its lowest point of **** percent in 2011, demonstrating the bank's resilience and recovery from the 2008 financial crisis.

Bank of America's workforce has undergone a significant shift in racial diversity over the past six years. The share of white employees decreased from **** percent in 2019 to **** percent in 2024, marking a notable change in the company's demographic composition. Meanwhile, the representation of Hispanic, Asian, and Black racial groups grew steadily. The second-largest racial group in the observed period was Hispanic, whose share increased from **** to **** percent.

In 2024, gender diversity in the U.S. workforce of Bank of America varied across job categories. The share of female employees was highest in the administrative support segment, where approximately ** percent of the employees were women. With **** percent, the majority of the first and mid-level officials and managers were also female. In terms of professionals, the share of female employees was around **** percent. On the executive and senior level, **** percent of the employees were female.

As of June 2024, JPMorgan Chase led the U.S. banking sector with approximately **** percent of total domestic deposits, closely followed by Bank of America at nearly ** percent. This distribution reflects the concentrated nature of the U.S. banking industry, where, despite thousands of commercial banks operating nationwide, the market is dominated by the top four institutions. The total value of deposits held at FDIC-insured commercial banks has decreased in recent years, amounting to ***** trillion U.S. dollars in 2023. The U.S. banking industry The banking industry in the United States accounts for tens of trillions of U.S. dollars in assets under management. While there are thousands of commercial banks in the country, the market is dominated by the largest four of these. This is particularly true when considering functions such as private and investment banking. Other measures This ranking presents the market share of domestic assets, but other measures give a slightly different picture. For example, looking at the value of total assets shows a higher market share in the hands of the top four firms. Apart from that, the revenue of leading commercial banks can also give a better idea of banks’ financial standing.

The value of total equity of the Bank of America increased significantly in the past years. In the third quarter of 2025, Bank of America had over 301 billion U.S. dollars in total equity, compared to approximately 233 billion U.S. dollars in the first quarter of 2012.

The Common Equity Tier 1 (CET1) ratio of Bank of America increased in 2024 when compared to the previous years. In 2024, the CET1 ratio of the Bank of America amounted to 11.9 percent, up from 11.8 percent in 2023. The CET1 ratio assesses a bank's capital against its risk-weighted assets to determine its resilience to financial stress.