Bank Of America Net Income 2010-2023 | BAC

Bank Of America annual/quarterly net income history and growth rate from 2010 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Bank Of America net income for the quarter ending December 31, 2023 was $2.838B, a 58.89% decline year-over-year.
  • Bank Of America net income for the twelve months ending December 31, 2023 was $24.866B, a 4.42% decline year-over-year.
  • Bank Of America annual net income for 2023 was $24.866B, a 4.42% decline from 2022.
  • Bank Of America annual net income for 2022 was $26.015B, a 14.86% decline from 2021.
  • Bank Of America annual net income for 2021 was $30.557B, a 85.5% increase from 2020.
Bank Of America Annual Net Income
(Millions of US $)
2023 $24,866
2022 $26,015
2021 $30,557
2020 $16,473
2019 $25,998
2018 $26,696
2017 $16,618
2016 $16,140
2015 $14,427
2014 $4,476
2013 $10,082
2012 $2,760
2011 $85
2010 $-3,599
2009 $-2,204
Bank Of America Quarterly Net Income
(Millions of US $)
2023-12-31 $2,838
2023-09-30 $7,270
2023-06-30 $7,102
2023-03-31 $7,656
2022-12-31 $6,904
2022-09-30 $6,579
2022-06-30 $5,932
2022-03-31 $6,600
2021-12-31 $6,773
2021-09-30 $7,260
2021-06-30 $8,964
2021-03-31 $7,560
2020-12-31 $5,208
2020-09-30 $4,440
2020-06-30 $3,284
2020-03-31 $3,541
2019-12-31 $6,748
2019-09-30 $5,272
2019-06-30 $7,109
2019-03-31 $6,869
2018-12-31 $7,039
2018-09-30 $6,701
2018-06-30 $6,466
2018-03-31 $6,490
2017-12-31 $2,079
2017-09-30 $4,959
2017-06-30 $4,745
2017-03-31 $4,835
2016-12-31 $4,251
2016-09-30 $4,452
2016-06-30 $4,422
2016-03-31 $3,015
2015-12-31 $2,730
2015-09-30 $4,178
2015-06-30 $4,804
2015-03-31 $2,715
2014-12-31 $3,425
2014-09-30 $-470
2014-06-30 $2,035
2014-03-31 $-514
2013-12-31 $3,183
2013-09-30 $2,218
2013-06-30 $3,571
2013-03-31 $1,110
2012-12-31 $368
2012-09-30 $-33
2012-06-30 $2,098
2012-03-31 $327
2011-12-31 $1,628
2011-09-30 $5,859
2011-06-30 $-9,127
2011-03-31 $1,725
2010-12-31 $-1,527
2010-09-30 $-7,647
2010-06-30 $2,741
2010-03-31 $2,834
2009-12-31 $-5,196
2009-09-30 $-2,241
2009-06-30 $2,419
2009-03-31 $2,814
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $270.426B $171.912B
Bank of America Corp. is one of the largest financial holding companies in the U.S. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc.
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