← BANK OF AMERICA CORP /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $83.7b $87.4b $91.2b $91.2b $85.5b $89.1b $95.0b $98.6b $101.9b $113.1b
Total revenue, net of interest expense $83.7b $87.4b $91.2b $91.2b $85.5b $89.1b $95.0b $98.6b $101.9b $113.1b
Additional Financial Items
Interest income:
Amortization of Intangible Assets $730.0m $621.0m $538.0m $112.0m $95.0m $76.0m $78.0m $78.0m $78.0m $78.0m
Average common shares issued and outstanding (in shares) 10.3b 10.2b 10.1b 9.4b 8.8b 8.5b 8.1b 8.0b 7.9b 7.5b
Average diluted common shares issued and outstanding (in shares) 11.0b 10.8b 10.2b 9.4b 8.8b 8.6b 8.2b 8.1b 7.9b 7.7b
Compensation and benefits $31.6b $31.6b $31.9b $32.0b $32.7b $36.1b $36.4b $38.3b $40.2b $42.3b
Fair Value, Option, Changes in Fair Value, Gain (Loss) $774.0m $3.2b $3.3b $5.1b $995.0m $473.0m $3.4b $4.8b $4.2b $547.0m
Fees and commissions — $33.3b $33.1b $33.0b $34.6b $39.3b $33.2b $32.0b $36.3b $39.4b
Goodwill, Impairment Loss $0 $0 — — $0 $0 — — — —
Information processing and communications — $4.5b $4.6b $4.6b $5.2b $5.8b $6.3b $6.7b $7.2b $7.5b
Interest Income, Debt Securities, Operating — — — $11.8b $9.8b $12.4b $17.1b $20.2b $26.0b $27.4b
Interest Income, Other — — — $6.3b $2.7b $2.3b $7.4b $25.5b $28.3b $20.4b
Lease Income — — — $1.7b $1.6b $1.5b $1.5b $1.7b $2.0b $2.2b
Market making and similar activities $6.9b $7.3b $8.5b $9.0b $8.4b $8.7b $12.1b $12.7b $13.0b $12.0b
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $490.0m $255.0m — — — — — — — —
Marketing $1.7b $1.7b $1.7b $1.9b $1.7b $1.9b $1.8b $1.9b $2.0b $2.2b
Occupancy and equipment $4.0b $4.0b $4.1b $6.6b $7.1b $7.1b $7.1b $7.2b $7.3b $7.4b
Operating Lease, Lease Income — — — $891.0m $931.0m $930.0m $941.0m $945.0m $931.0m $942.0m
Other Interest and Dividend Income $3.1b $4.0b $6.2b — — — — — — —
Other general operating $9.3b $9.9b $8.4b $5.4b $3.3b $3.1b $4.0b $6.0b $4.0b $3.8b
Other income (loss) $1.9b $1.9b $2.0b $304.0m ($738.0m) ($1.8b) ($2.8b) ($3.1b) ($3.4b) $1.6b
Preferred Stock Dividends and Other Adjustments $1.7b $1.6b $1.5b $1.4b $1.4b $1.4b $1.5b $1.6b $1.6b $1.5b
Preferred Stock Dividends, Income Statement Impact $1.7b $1.6b $1.5b $1.4b $1.4b $1.4b $1.5b $1.6b $1.6b $1.5b
Preferred stock dividends $2k $2k $1k $1k $1k $1k $2k $2k $2k $1k
Product delivery and transaction related — $3.0b $2.9b $2.8b $3.4b $3.9b $3.7b $3.6b $3.5b $3.9b
Professional fees $2.0b $1.9b $1.7b $1.6b $1.7b $1.8b $2.1b $2.2b $2.7b $2.6b
Provision for credit losses $3.6b $3.4b $3.3b $3.6b $11.3b ($4.6b) $2.5b $4.4b $5.8b $5.7b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $25.2b $29.2b $34.6b $32.8b $19.0b $34.0b $31.0b $28.3b $29.3b $37.7b
Total noninterest income $42.6b $42.7b $43.8b $42.4b $42.2b $46.2b $42.5b $41.6b $45.8b $53.0b
Income before income taxes $25.2b $29.2b $34.6b $32.8b $19.0b $34.0b $31.0b $28.3b $29.3b $37.7b
Net Income (Loss) Attributable to Parent $17.9b $18.2b $28.1b $27.4b $17.9b $32.0b $27.5b $26.5b $27.1b $30.5b
Net Income (Loss) Available to Common Stockholders, Basic $16.2b $16.6b $26.7b $26.0b $16.5b $30.6b $26.0b $24.9b $25.5b $29.1b
Common Stock, Dividends, Per Share, Declared $0.25 $0.39 $0.54 $2.77 $1.88 $3.60 $3.21 $3.10 $3.25 $3.86
Earnings Per Share, Basic $1.58 $1.63 $2.64 $2.77 $1.88 $3.60 $3.21 $3.10 $3.25 $3.86
Earnings Per Share, Diluted $1.50 $1.56 $2.61 $2.75 $1.87 $3.57 $3.19 $3.08 $3.21 $3.81
Weighted Average Number of Shares Outstanding, Basic 10.3b 10.2b 10.1b 9.4b 8.8b 8.5b 8.1b 8.0b 7.9b 7.5b
Weighted Average Number of Shares Outstanding, Diluted 11.0b 10.8b 10.2b 9.4b 8.8b 8.6b 8.2b 8.1b 7.9b 7.7b
Noninterest expense:
Current Income Tax Expense (Benefit) $1.4b $2.8b $3.4b $2.9b $2.8b $2.8b $2.7b $3.8b $3.9b $6.9b
Equipment Expense $1.8b $1.7b $1.7b — — — — — — —
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — $2.5b $4.7b $5.9b $5.6b
Income tax expense $7.2b $11.0b $6.4b $5.3b $1.1b $2.0b $3.4b $1.8b $2.1b $7.2b
Interest Expense $10.0b $12.9b $19.3b $22.3b $8.2b $4.7b $20.1b $73.3b $90.5b $78.5b
Labor and Related Expense $31.6b $31.6b $31.9b $32.0b $32.7b $36.1b $36.4b $38.3b $40.2b $42.3b
Marketing and Advertising Expense $1.7b $1.7b $1.7b $1.9b $1.7b $1.9b $1.8b $1.9b $2.0b $2.2b
Other Cost and Expense, Operating — — — — — — — — $4.0b $3.8b
Income Tax Expense (Benefit) $7.2b $11.0b $6.4b $5.3b $1.1b $2.0b $3.4b $1.8b $2.1b $7.2b
Interest Income (Expense), Net $41.1b $44.7b $47.4b $48.9b $43.4b $42.9b $52.5b $56.9b $56.1b $60.1b
Total interest expense $83.7b $87.4b $91.2b $91.2b $85.5b $89.1b $95.0b $98.6b $90.5b $78.5b
Total noninterest expense $55.0b $54.7b $53.4b $54.9b $55.2b $59.7b $61.4b $65.8b $66.8b $69.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.