Financials in CAD. Standardized financial statements.
A compact view of how Bank of America Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $194.61B | $45.83B | $98.58B | $94.95B | $89.11B | $85.53B | $91.24B | $91.02B | $87.35B | $83.70B |
| Revenue Growth? | +324.7% | -53.5% | +3.8% | +6.6% | +4.2% | -6.3% | +0.2% | +4.2% | +4.4% | 0.0% |
| Cost of Revenue? | $42.35B | $40.18B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $10.65B | $5.64B | $98.58B | $94.95B | $89.11B | $85.53B | $91.24B | $91.02B | $87.35B | $83.70B |
| Gross Margin? | +5.5% | +12.3% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% | +100.0% |
| Operating Expenses? | $70.95B | $4.63B | $98.58B | -$63.98B | -$55.14B | -$66.53B | -$58.49B | -$56.44B | -$58.14B | -$58.55B |
| Operating Income? | $5.87B | $29.25B | $0 | $30.97B | $33.98B | $19.00B | $32.75B | $34.58B | $29.21B | $25.15B |
| EBITDA? | $40.71B | $31.44B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax | $37.70B | $29.25B | $28.34B | $30.97B | $33.98B | $19.00B | $32.75B | $34.58B | $29.21B | $25.15B |
| Income Tax Expense | $7.29B | $2.12B | $1.83B | $3.44B | $2.00B | $1.10B | $5.32B | $6.44B | $10.98B | $7.25B |
| Net Income? | $30.96B | $27.13B | $26.52B | $27.53B | $31.98B | $17.89B | $27.43B | $28.15B | $18.23B | $17.91B |
| EPS? | $3.92 | $3.45 | $3.08 | $3.21 | $3.60 | $1.88 | $2.92 | $2.79 | $1.63 | $1.58 |
| Diluted EPS? | $3.87 | $3.42 | $3.08 | $3.19 | $3.57 | $1.87 | $2.90 | $2.75 | $1.56 | $1.50 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality