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BAC Financials Bank of America

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 5.7% per year over the past 5 years.
  • Net income has grown faster than revenue (11.3% vs 5.7% per year).

Financial health

  • Total debt ($338.2B) exceeds cash ($231.8B); net debt is $106.4B.
  • Total debt has grown in line with revenue (5.2% vs 5.7% per year).
Revenue & net income
$0 $57B $113B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 18% 36% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $1 $1 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $190B $380B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$313B $21B $356B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $113.1B $30.5B 0.0% 0.0% $338.2B $231.8B
2024 $105.9B $27.0B 0.0% 0.0% $307.5B $290.1B
2023 $102.8B $26.3B 0.0% 0.0% $315.3B $333.1B
2022 $95.0B $27.5B 0.0% 0.0% $285.9B $230.2B
2021 $89.1B $32.0B 0.0% 0.0% $280.1B $348.2B
2020 $85.5B $17.9B 0.0% 0.0% $262.9B $380.5B
2019 $91.2B $27.4B 0.0% 0.0% $240.9B $161.6B
2018 $91.0B $28.1B 0.0% 0.0% $229.4B $177.4B
2017 $87.1B $18.2B 0.0% 0.0% $227.4B $157.4B
2016 $83.7B $17.8B 0.0% 0.0% $216.8B $147.7B
2015 $83.0B $15.9B 0.0% 0.0% $236.8B
2014 $85.9B $5.5B 0.0% 0.0% $243.1B
2013 $87.5B $10.5B 0.0% 0.0% $249.7B
2012 $83.3B $4.2B 0.0% 0.0% $275.6B
2011 $93.5B $1.4B 0.0% 0.0% $372.3B

Valuation over time

How the market has priced BAC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 7.1 14.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.8 3.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is BAC growing its revenue and profit?

Over the past 5 years, Bank of America's revenue has grown 5.7% per year, and net income grown 11.3% per year. These are computed facts, not advice.

How much debt does BAC have?

As of FY2025, Bank of America reported $338.2B of total debt against $231.8B of cash.

What is BAC's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 27.0%.

What is BAC's P/E ratio?

As of Jun '26, Bank of America traded at a price-to-earnings ratio of about 13.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.