Bank of America (BAC)
Combines U.S. consumer banking, Merrill wealth management, corporate banking and global markets.
$56.35
After hours+0.14 (+0.25%)
At close$56.21(−3.02%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44,412 | 43,642 | 48,071 | 48,529 | 48,869 | 46,965 | 46,989 | 46,666 | 48,221 | 49,691 | 47,886 | 49,393 |
| Cost of revenue | 20,479 | 22,787 | 23,572 | 24,660 | 25,066 | 23,070 | 21,103 | 21,795 | 21,428 | 19,819 | 18,951 | 19,201 |
| Gross profit | 23,933 | 20,855 | 24,499 | 23,869 | 23,803 | 23,895 | 25,886 | 24,871 | 26,793 | 29,872 | 28,935 | 30,192 |
| 15,838 | 17,731 | 17,237 | 16,309 | 16,479 | 16,787 | 17,770 | 17,183 | 17,337 | 17,437 | 18,531 | 18,627 | |
| 11,822 | 11,597 | 13,778 | 12,074 | 12,136 | 12,335 | 13,368 | 12,888 | 13,032 | 12,958 | 14,030 | 12,901 | |
| Selling & marketing | 1,381 | 1,337 | 1,306 | 1,378 | 1,353 | 1,413 | 1,420 | 1,537 | 1,597 | 1,574 | 1,659 | 0 |
| General & administrative | 10,441 | 10,260 | 12,472 | 10,696 | 10,783 | 10,922 | 11,948 | 11,351 | 11,435 | 11,384 | 12,371 | 12,901 |
| Other expenses | 4,016 | 6,134 | 3,459 | 4,235 | 4,343 | 4,452 | 4,402 | 4,295 | 4,305 | 4,479 | 4,501 | 5,726 |
| Operating income | 8,095 | 3,124 | 7,262 | 7,560 | 7,324 | 7,108 | 8,116 | 7,688 | 9,456 | 12,435 | 10,404 | 11,565 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 33,624 | 35,629 | 36,285 | 36,854 | 37,491 | 35,977 | 34,066 | 34,873 | 35,366 | 34,261 | 33,359 | 33,832 |
| Interest expense | 19,245 | 21,683 | 22,253 | 23,152 | 23,524 | 21,618 | 19,623 | 20,203 | 20,133 | 18,511 | 17,614 | 17,835 |
| Income before tax | 8,095 | 3,124 | 7,262 | 7,560 | 7,324 | 7,108 | 8,116 | 7,688 | 9,456 | 12,435 | 10,404 | 11,565 |
| Income tax expense | 293 | −20 | 588 | 663 | 428 | 443 | 720 | 572 | 987 | 4,907 | 1,820 | 2,491 |
| Net income from continuing operations | 7,802 | 3,144 | 6,674 | 6,897 | 6,896 | 6,665 | 7,396 | 7,116 | 8,469 | 7,528 | 8,584 | 9,074 |
| Net income | 7,802 | 3,144 | 6,674 | 6,897 | 6,896 | 6,665 | 7,396 | 7,116 | 8,469 | 7,528 | 8,584 | 9,074 |
| EPS, basic | $0.91 | $0.36 | $0.77 | $0.83 | $0.82 | $0.83 | $0.91 | $0.90 | $1.08 | $0.99 | $1.12 | $1.22 |
| EPS, diluted | $0.90 | $0.35 | $0.76 | $0.83 | $0.81 | $0.82 | $0.90 | $0.89 | $1.06 | $0.97 | $1.11 | $1.20 |
| Weighted average shares, basic | 8,017 | 7,991 | 7,968 | 7,898 | 7,818 | 7,738 | 7,678 | 7,581 | 7,466 | 7,365 | 7,256 | 7,151 |
| Weighted average shares, diluted | 8,076 | 8,063 | 8,031 | 7,961 | 7,902 | 7,844 | 7,771 | 7,652 | 7,627 | 7,547 | 7,418 | 7,294 |
| EBITDA | 8,612 | 3,651 | 7,800 | 8,103 | 7,873 | 7,667 | 8,681 | 8,269 | 10,040 | 13,029 | 11,009 | 11,565 |
| Depreciation & amortization | 517 | 527 | 538 | 543 | 549 | 559 | 565 | 581 | 584 | 594 | 605 | 0 |
| EBIT | 8,095 | 3,124 | 7,262 | 7,560 | 7,324 | 7,108 | 8,116 | 7,688 | 9,456 | 12,435 | 10,404 | 11,565 |
