BAC - Bank of America Corporation Report

Bank of America Corporation (BAC : NYQ)

Sector: Financial Services | Industry: Banks - Diversified

$61.69

-0.17 (-0.27%)

MARKET CAP

$431.38B

FCF YIELD

21.96%

CURRENT PRICE

$61.69

P/E RATIO

14.25x

Overview Financial Statements Metrics History DCF Valuation

INCOME STATEMENT (ANNUAL - 3-YEAR VIEW)

Financial Line Item	2025-12-31	2024-12-31	2023-12-31
1. REVENUE
Operating Revenue	$113.10B	$105.86B	$102.77B
Total Revenue	$113.10B	$105.86B	$102.77B
2. OPERATING EXPENSES
Interest Expense	$78.47B	$90.55B	$73.33B
Tax Provision	$7.19B	$6.25B	$6.22B
Selling General And Administration	$52.25B	$49.62B	$49.81B
Other Non Interest Expense	$7.45B	$7.23B	$6.71B
3. NET INCOME & EARNINGS DETAILS
Tax Effect Of Unusual Items	$0.00	$0.00	$0.00
Tax Rate For Calcs	19.10%	18.80%	6.40%
Total Unusual Items	-	-	$-2.10B
Total Unusual Items Excluding Goodwill	-	-	$-2.10B
Net Income From Continuing Operation Net Minority Interest	$30.51B	$26.97B	$26.30B
Reconciled Depreciation	$2.31B	$2.19B	$2.06B
Net Interest Income	$60.10B	$56.06B	$56.93B
Interest Income	$138.57B	$146.61B	$130.26B
Normalized Income	$30.51B	$26.97B	$26.30B
Net Income From Continuing And Discontinued Operation	$30.51B	$26.97B	$26.30B
Diluted Average Shares	7.68B	7.94B	8.08B
Basic Average Shares	7.52B	7.86B	8.03B
Diluted EPS	$3.81	$3.21	$3.08
Basic EPS	$3.86	$3.25	$3.10
Diluted NI Availto Com Stockholders	$29.28B	$25.34B	$24.66B
Average Dilution Earnings	$223.00M	$0.00	$0.00
Otherunder Preferred Stock Dividend	-	-	-
Preferred Stock Dividends	$1.45B	$1.63B	$1.65B
Net Income Including Noncontrolling Interests	$30.51B	$26.97B	$26.30B
Net Income Continuous Operations	$30.51B	$26.97B	$26.30B
Pretax Income	$37.70B	$33.22B	$32.53B
Special Income Charges	-	-	$-2.10B
Other Special Charges	-	-	$2.10B
Gain On Sale Of Security	$0.00	$0.00	$0.00
Selling And Marketing Expense	$6.13B	$5.45B	$5.54B
General And Administrative Expense	$46.12B	$44.17B	$44.28B
Other Gand A	$3.77B	$3.99B	$5.95B
Salaries And Wages	$42.35B	$40.18B	$38.33B
Occupancy And Equipment	$7.45B	$7.29B	$7.16B
Professional Expense And Contract Services Expense	$2.58B	$2.67B	$2.16B
Net Income Common Stockholders	$29.05B	$25.34B	$24.66B
Net Income	$30.51B	$26.97B	$26.30B

Financial Line Item	2025-12-31	2024-12-31	2023-12-31
1. ASSETS
1. Current Assets
Receivables	$114.38B	$97.92B	$96.70B
Other Receivables	$16.19B	$15.67B	$14.82B
Accounts Receivable	$98.19B	$82.25B	$81.88B
Other Short Term Investments	$386.80B	$346.43B	$266.65B
Cash And Cash Equivalents	$239.32B	$296.49B	$341.42B
Cash Financial	$28.59B	$26.00B	$27.89B
Cash Cash Equivalents And Federal Funds Sold	$555.90B	$571.20B	$622.04B
2. Long Term Assets
Tangible Book Value	$208.23B	$201.78B	$194.23B
Net Tangible Assets	$234.22B	$224.94B	$222.62B
Long Term Provisions	$1.18B	$1.10B	$1.21B
Investments And Advances	$1,106.72B	$1,061.42B	$1,017.95B
Held To Maturity Securities	$522.66B	$558.68B	$594.55B
Available For Sale Securities	$16.18B	$12.18B	$10.20B
Trading Securities	$181.09B	$144.13B	$146.54B
Goodwill And Other Intangible Assets	$69.02B	$69.02B	$69.02B
Goodwill	$69.02B	$69.02B	$69.02B
Net PPE	$12.52B	$12.17B	$11.86B
Total Assets	$3,411.74B	$3,261.30B	$3,180.15B
2. LIABILITIES
1. Current Liabilities
Current Debt And Capital Lease Obligation	$48.09B	$43.39B	$32.10B
Current Debt	$48.09B	$43.39B	$32.10B
Other Current Borrowings	$48.09B	$43.39B	$32.10B
Payables And Accrued Expenses	-	-	-
Current Accrued Expenses	-	-	-
2. Long Term Liabilities
Net Debt	$126.58B	$30.18B	-
Total Debt	$365.90B	$326.67B	$334.30B
Derivative Product Liabilities	$42.08B	$39.35B	$43.43B
Long Term Debt And Capital Lease Obligation	$317.82B	$283.28B	$302.20B
Long Term Debt	$317.82B	$283.28B	$302.20B
Total Liabilities Net Minority Interest	$3,108.49B	$2,967.34B	$2,888.51B
3. STOCKHOLDERS' EQUITY
1. Retained Earnings
Retained Earnings	$261.69B	$240.75B	$224.67B
2. Other Stockholders' Equity
Preferred Shares Number	-	409.80M	409.80M
Ordinary Shares Number	7.21B	7.61B	7.90B
Share Issued	$7.21B	$7.61B	$7.90B
Invested Capital	$643.15B	$597.47B	$597.55B
Common Stock Equity	$277.25B	$270.80B	$263.25B
Preferred Stock Equity	$25.99B	$23.16B	$28.40B
Total Capitalization	$621.06B	$577.24B	$593.85B
Gains Losses Not Affecting Retained Earnings	$-10.53B	$-15.29B	$-17.79B
Other Equity Adjustments	$-10.53B	$-15.29B	$-17.79B
Capital Stock	$52.08B	$68.50B	$84.76B
Common Stock	$26.08B	$45.34B	$56.37B
Preferred Stock	$25.99B	$23.16B	$28.40B
Stockholders Equity	$303.24B	$293.96B	$291.65B

Financial Line Item	2025-12-31	2024-12-31	2023-12-31
1. CASH FLOW FROM OPERATING ACTIVITIES
Free Cash Flow	$12.61B	$-8.80B	$44.98B
Interest Paid Supplemental Data	$79.06B	$89.69B	$69.60B
Income Tax Paid Supplemental Data	$3.93B	$3.82B	$3.40B
Effect Of Exchange Rate Changes	$4.33B	$-3.83B	$-70.00M
Preferred Stock Payments	$-2.67B	$-5.25B	$0.00
Common Stock Payments	$-21.43B	$-13.10B	$-4.58B
Long Term Debt Payments	$-76.03B	$-70.41B	$-44.57B
Change In Working Capital	$-33.08B	$-53.31B	$2.58B
Change In Other Working Capital	$-35.03B	$-45.50B	$44.39B
Change In Other Current Assets	$-19.58B	$-4.51B	$-24.30B
Change In Payables And Accrued Expense	$17.32B	$1.02B	$-18.15B
Change In Accrued Expense	$17.32B	$1.02B	$-18.15B
Other Non Cash Items	$3.74B	$7.52B	$7.71B
Stock Based Compensation	$4.00B	$3.43B	$2.94B
Asset Impairment Charge	-	-	-
Deferred Tax	$295.00M	$-1.13B	$-1.01B
Deferred Income Tax	$295.00M	$-1.13B	$-1.01B
Depreciation Amortization Depletion	$2.31B	$2.19B	$2.06B
Depreciation And Amortization	$2.31B	$2.19B	$2.06B
Operating Gains Losses	$20.00M	$29.00M	$405.00M
Net Income From Continuing Operations	$30.51B	$26.97B	$26.30B
Operating Cash Flow	$12.61B	$-8.80B	$44.98B
Cash Flow From Continuing Operating Activities	$12.61B	$-8.80B	$44.98B
2. CASH FLOW FROM INVESTING ACTIVITIES
Repurchase Of Capital Stock	$-24.10B	$-18.36B	$-4.58B
Net Other Investing Changes	$-4.33B	$-4.14B	$-5.26B
Net Investment Purchase And Sale	$1.40B	$-48.46B	$-4.24B
Sale Of Investment	$264.89B	$342.45B	$286.82B
Purchase Of Investment	$-263.48B	$-390.91B	$-291.06B
Gain Loss On Investment Securities	$20.00M	$29.00M	$405.00M
Investing Cash Flow	$-145.16B	$-90.69B	$-35.39B
Cash Flow From Continuing Investing Activities	$-145.16B	$-90.69B	$-35.39B
3. CASH FLOW FROM FINANCING ACTIVITIES
Repayment Of Debt	$-76.03B	$-70.41B	$-44.57B
Issuance Of Debt	$99.87B	$56.68B	$65.40B
Issuance Of Capital Stock	$5.49B	$0.00	$0.00
Net Other Financing Charges	$-613.00M	$-127.00M	$-717.00M
Cash Dividends Paid	$-9.56B	$-9.50B	$-9.09B
Net Preferred Stock Issuance	$2.82B	$-5.25B	$0.00
Preferred Stock Issuance	$5.49B	$0.00	$0.00
Net Common Stock Issuance	$-21.43B	$-13.10B	$-4.58B
Net Issuance Payments Of Debt	$28.53B	$-1.15B	$25.99B
Net Short Term Debt Issuance	$4.69B	$12.57B	$5.16B
Net Long Term Debt Issuance	$23.84B	$-13.73B	$20.82B
Long Term Debt Issuance	$99.87B	$56.68B	$65.40B
Financing Cash Flow	$69.95B	$60.37B	$93.34B
Cash Flow From Continuing Financing Activities	$69.95B	$60.37B	$93.34B
4. CASH RECONCILIATION
Beginning Cash Position	$290.11B	$333.07B	$230.20B
Changes In Cash	$-62.60B	$-39.13B	$102.94B
End Cash Position	$231.84B	$290.11B	$333.07B

FINANCIAL RATIOS & STATS

Financial Metric	Value
Trailing P/E	14.25x
Forward P/E	11.65x
Price-to-Book (P/B)	1.57x
Price-to-Sales (P/S)	3.79x
Net Profit Margin (Net Income / Revenue)	29.52%
Operating Profit Margin (EBIT / Revenue)	38.30%
Return on Equity (ROE)	11.20%
Return on Assets (ROA)	0.97%
Dividend Rate	$1.28
Dividend Yield	2.07%
Ex-Dividend Date	2026-09-04
Next Earnings Date	2026-10-14