57/100B51.620
USD
1.96
(3.95%)
Post Trading·51.640USD+0.020(+0.04%)
Last updated: · Delayed 15 min
Fair value53.26Plus-3%31Price 51.6273
Q4 FY2026 · Earnings report
EPS estimate 1.13Revenue estimate 30.48B
Q4 FY2026 · Earnings report
EPS estimate 1.13Revenue estimate 30.48B
Bank of America financials
Yes. Bank of America earned 32.12B USD of net income over the last twelve months, 16.5% of its revenue. It made a profit in 33 of its 34 fiscal years since 1992. Its last loss was in fiscal year 2010.
- Revenue (TTM)
- 194.74B USD
- Net income (TTM)
- 32.12B USD
- Free cash flow (TTM)
- 41.37B USD
- Cash and short-term investments
- 26.91B USD
- Total debt
- 380.92B USD
- Shareholders' equity
- 296.75B USD
Cash, debt and equity as of 30 Sept 2026.
Bank of America earnings
Next earnings · Q4 FY2026
EPS estimate
1.13 USD
Revenue estimate
30.48B USD
Last quarter · Q3 FY2026
EPS1.08Missed -1.8%Revenue30.00BMissed -1.9%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q2 FY2028 | 1.45 | — | — | — | 34.66B | — | — | — | |
| Q1 FY2028 | 1.40 | — | — | +15.69% | 34.49B | — | — | +6.44% | |
| Q1 FY2027 | 1.21 | — | — | +9.09% | 32.40B | — | — | +7.03% | |
| Q4 FY2026 | 1.13 | — | — | +15.31% | 30.48B | — | — | +7.44% | |
| Q3 FY2026 | 1.10 | 1.08 | -1.82% | +1.89% | 30.58B | 30.00B | -1.91% | +6.81% | |
| Q2 FY2026 | 1.13 | 1.21 | +7.08% | +35.96% | 30.78B | 31.56B | +2.54% | +19.25% | |
| Q1 FY2026 | 1.01 | 1.11 | +9.90% | +23.33% | 29.95B | 30.27B | +1.08% | +10.62% | |
| Q4 FY2025 | 0.96 | 0.98 | +2.30% | +19.51% | 27.76B | 28.37B | +2.18% | +11.91% | |
| Q3 FY2025 | 0.95 | 1.06 | +11.34% | +30.86% | 27.52B | 28.09B | +2.08% | +10.82% | |
| Q2 FY2025 | 0.86 | 0.89 | +3.49% | +7.23% | 26.72B | 26.46B | -0.97% | +4.28% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 5.78 | — | — | +12.95% | 136.90B | — | — | +4.85% |
| FY2027 | 5.12 | — | — | +17.31% | 130.57B | — | — | +6.52% |
| FY2026 | 4.36 | — | — | +13.92% | 122.57B | — | — | +11.14% |
| FY2025 | 3.81 | 3.83 | +0.40% | +16.41% | 110.58B | 110.28B | -0.26% | +8.24% |
| FY2024 | 3.20 | 3.29 | +2.79% | -3.80% | 102.05B | 101.89B | -0.16% | +1.76% |
| FY2023 | 3.27 | 3.42 | +4.61% | +5.56% | 100.54B | 100.12B | -0.42% | +5.45% |
| FY2022 | 3.12 | 3.24 | +3.83% | -2.70% | 94.75B | 94.95B | +0.21% | +3.87% |
Bank of America growth and profitability
Full income statement- Revenue (TTM)
- 194.74B USD
- Net income (TTM)
- 32.12B USD
- Gross margin
- 60.43%
- Operating margin
- 22.40%
- Net margin
- 16.49%
Revenue / Net income
Revenue Net income Net margin
How Bank of America makes its money
Revenue191.57B 100.0%
Cost of revenue84.15B 43.9%
Gross profit107.42B 56.1%
Selling and administration52.25B 27.3%
Other operating expenses17.48B 9.1%
Operating income37.70B 19.7%
Tax7.19B 3.8%
Net income30.51B 15.9%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Bank of America revenue breakdown
By product
FY2025
37.4%Consumer Banking21.3%Global Wealth and Investment Management20.6%Global Banking20.6%Global Markets
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Consumer Banking | 43.67B | 37.4% | — |
| Global Wealth and Investment Management | 24.88B | 21.3% | — |
| Global Banking | 24.11B | 20.6% | — |
| Global Markets | 24.10B | 20.6% | — |
By region
FY2025
76.0%UNITED STATES12.0%Non-US5.9%EMEA4.7%Asia1.4%Latin America
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| UNITED STATES | 97.69B | 76.0% | +10.4% |
| Non-US | 15.41B | 12.0% | — |
| EMEA | 7.56B | 5.9% | +16.3% |
| Asia | 6.00B | 4.7% | +15.8% |
| Latin America | 1.85B | 1.4% | +6.1% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Bank of America financial health
Full balance sheet- Cash and short-term investments
- 26.91B USD
- Total debt
- 380.92B USD
- Net cash
- -354.01B USD
- Free cash flow (TTM)
- 41.37B USD
- Current ratio
- 0.43
- Debt to equity
- 1.28
- Piotroski score
- 8 / 9
- Altman Z-score
- 0.27
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Bank of America valuation
- Price to earnings ratio (TTM)
- 12.12
- Forward P/E (FY2026)
- 11.83
- Price to sales (TTM)
- 1.84
- Price to book
- 1.20
- EV / EBITDA (TTM)
- 15.66
Capital structure
Market capitalization
357.35B USD
+
Total debt
380.92B USD
−
Cash and short-term investments
26.91B USD
=
Enterprise value
711.36B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Bank of America against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Wells Fargo &, Citigroup, and JPMorgan Chase &, the US Banks - Diversified companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median12.17.217.2
- Gross marginAt its median56.1%49.9%99.8%Against its peers: 3 of 4Peers' median 59.9%
- Operating marginAt its median19.7%15.2%36.2%Against its peers: 3 of 4Peers' median 20.4%
- Net marginAt its median15.9%14.1%34.1%Against its peers: 3 of 4Peers' median 17.3%
- Return on equityAt its median10.1%9.1%11.8%Against its peers: 3 of 4Peers' median 11.8%
- Free cash flow marginAbove its median6.6%-7.7%26.2%Against its peers: 1 of 4Peers' median -44.1%
- Revenue growthLowest in 5 years-0.5%-0.5%49.4%Against its peers: 2 of 4Peers' median -1.4%
- EPS growthAbove its median18.6%-10.6%90.9%Against its peers: 1 of 4Peers' median 17.5%
- Debt to EBITDALowest in 5 years9.15×9.15×20.94×Against its peers: 1 of 4Peers' median 12.94×
- Current ratioHighest in 5 years0.420.220.42Against its peers: 3 of 4Peers' median 0.48
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Bank of America dividends
- Annual dividend
- 1.28 USD
- Dividend yield (indicated)
- 2.48%
- Payout ratio
- 34.74%
- Years of dividend growth
- 6
- Frequency
- Quarterly
- Last payment
- 0.32 USD
- Last ex-dividend date
- 4 Dec 2026
- Last payment date
- 24 Dec 2026
Dividends per share
Bank of America ownership
- Institutions
- 75.67%
- Institutional holders
- 3,761 (+135)
- Free float
- 99.43%
InstitutionsOthers
As of 30 Jun 2026
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 0 | 23.94K | 37.34K |
| Q3 2026 | 0 | 0 | 54.25K | 108.50K |
| Q2 2026 | 0 | 1 | 116.62K | 238.82K |
| Q1 2026 | 0 | 6 | 6.15M | 5.62M |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Bank of America's financials
Source: Financial Modeling Prep