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Bank of America Corporation (BAC) financial statements and cash flow.

Revenue, profitability, balance-sheet strength, and cash generation for BAC. Market data source · as of 2026-06-30.

Section freshness

Price Aug 19, 12:02 PM EDT · Statements Jun 29, 8:00 PM EDT

Financial read

BAC latest financial snapshot.

Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.

Revenue

$31.56B

+15.0% YoY

Net income

$9.07B

+5.7% QoQ

Net margin

28.75%

Balance sheet coverage

BAC balance sheet summary

Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.

20 quarterly · 4 annual rows · Market data source · as of 2026-06-30

Open balance sheet table

Latest period

Q2 FY2026

20 quarterly · 4 annual rows

Assets / liabilities

$3.50T

Liabilities $3.20T

Cash / debt

—

Net cash —

Equity / working capital

$301.09B

Working capital —

Financial statements

BAC statement coverage.

Income statement, balance sheet, and cash-flow figures for BAC, with quarterly and annual history in the tables below.

Data last updated

Jun 29, 2026

Income periods

Balance-sheet periods

Cash-flow periods

Quarterly and annual BAC statements, sourced from Market data source · as of 2026-06-30.

Financial statement period

BAC statement history

Market data source · as of 2026-06-30 · Data last updated: Jun 29, 2026

ProfitabilityIncome statementRevenue, expenses, margins, and income quality20 quarterly periods Capital structureBalance sheetAssets, liabilities, debt, equity, and share count20 quarterly periods Cash generationCash flowOperating cash flow, CapEx, FCF, buybacks, and dividends20 quarterly periods

Income statement

Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.

8 / 20 Quarterly

Period	Revenue	Net income	Net margin	Revenue QoQ	Net income QoQ
Q2 FY2026	$31.56B	$9.07B	28.75%	+4.2%	+5.7%
Q1 FY2026	$30.27B	$8.58B	28.36%	+3.3%	+14.3%
Q4 FY2025	$29.32B	$7.51B	25.61%	+4.4%	-11.3%
Q3 FY2025	$28.09B	$8.47B	30.15%	+2.4%	+18.1%
Q2 FY2025	$27.44B	$7.17B	26.13%	-2.8%	-2.6%
Q1 FY2025	$28.25B	$7.36B	26.06%	-3.6%	+13.1%
Q4 FY2024	$29.32B	$6.51B	22.19%	+15.7%	-5.7%
Q3 FY2024	$25.34B	$6.90B	27.21%	-0.1%	-0.0%

Balance sheet

Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.

8 / 20 Quarterly

Period	Total assets	Total liabilities	Total debt	Total equity	Debt QoQ
Q2 FY2026	$3.50T	$3.20T	$339.86B	$301.09B	+4.3%
Q1 FY2026	$3.50T	$3.20T	$325.96B	$300.67B	+2.6%
Q4 FY2025	$3.41T	$3.11T	$317.82B	$303.24B	+2.0%
Q3 FY2025	$3.40T	$3.10T	$311.48B	$304.15B	-0.6%
Q2 FY2025	$3.44T	$3.14T	$313.42B	$298.02B	+3.0%
Q1 FY2025	$3.35T	$3.05T	$304.15B	$293.95B	+7.4%
Q4 FY2024	$3.26T	$2.97T	$283.28B	$293.96B	-4.6%
Q3 FY2024	$3.32T	$3.03T	$296.93B	$296.51B	+2.2%

Cash flow

Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.

8 / 20 Quarterly

Period	Operating cash flow	Net income	Buybacks
Q2 FY2026	$29.04B	$9.07B	$6.01B
Q1 FY2026	$41.77B	$8.58B	$7.24B
Q4 FY2025	-$22.95B	$7.51B	$6.31B
Q3 FY2025	$46.87B	$8.47B	$5.30B
Q2 FY2025	-$9.13B	$7.17B	$5.30B
Q1 FY2025	-$2.18B	$7.36B	$4.52B
Q4 FY2024	$25.91B	$6.51B	$3.54B
Q3 FY2024	-$37.28B	$6.90B	$3.53B

Valuation and returns

Enterprise value: $782.54B; TECHi computed

Return on equity: 11.17%; Market data source

Return on assets: 0.96%; Market data source

Debt / equity: 1.13

Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.

Annual revenue and income multiples

Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.

Annual revenue base: $113.10B; Annual statement 2025-12-31

Annual income base: $30.51B; Annual statement 2025-12-31

Market cap / annual revenue: 3.91; Live market value divided by annual revenue

Market cap / annual income: 14.51; Live market value divided by annual net income

Annual sales and income multiple

EV / annual revenue6.92

Market capitalization bridge

Market cap / annual revenue3.91

Market cap / annual income14.51

TTM valuation multiples

TTM revenue: $119.24B; Trailing twelve months

Market cap / TTM revenue: 3.71; Live market value divided by trailing twelve months revenue

EV / TTM revenue: 6.56; Enterprise value divided by trailing twelve months revenue

Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.

Profit multiples

Market cap / TTM net income13.16

Revenue, net income, and free cash flow

Revenue$31.56BNet income$9.07B

Q1 FY2025Q4 FY2025Q2 FY2026

Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.

Efficiency

Growth vs cost pressure

Revenue growth YoY+15.0%

Debt growth YoY+8.4%

Quarterly margin heatmap

Gross margin

Q1 FY2025

—

Q2 FY2025

—

Q3 FY2025

—

Q4 FY2025

—

Q1 FY2026

—

Q2 FY2026

—

Operating margin

Q1 FY2025

—

Q2 FY2025

—

Q3 FY2025

—

Q4 FY2025

—

Q1 FY2026

—

Q2 FY2026

—

Net margin

Q1 FY2025

26.06%

Q2 FY2025

26.13%

Q3 FY2025

30.15%

Q4 FY2025

25.61%

Q1 FY2026

28.36%

Q2 FY2026

28.75%

Profit bridge

Pretax income$11.56B

Tax expense$2.49B

Other income statement lines

Income before tax$11.56B

Income tax expense$2.49B

Balance sheet · Q2 FY2026

Total debt: $339.86B

Total equity: $301.09B

Balance sheet detail

Property, plant & equipment: $12.79B

Long-term debt: $339.86B

Debt and liquidity

Debt / revenuei2.85

Debt / income10.10

Cash generation

Operating cash flow: $29.04B

Capital returned: $6.01B; Buybacks + dividends paid

Cash-flow detail

Depreciation & amortization: $612.00M

Investing cash flow: -$16.76B

Financing cash flow: -$24.73B

Buybacks: $6.01B

Net buybacks: $6.01B; Repurchases less stock issuance

Frequently asked

Common questions.

What financial data is available for BAC?

The BAC Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for Bank of America Corporation. Missing modules and empty line items are omitted.

How current are BAC's financial statements?

Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.

What is Bank of America Corporation's reported net margin?

Bank of America Corporation's fresh reported margin field is 28.21%. The Financials page shows the supporting period data currently available for BAC.