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Companies / Financials / Bank of America
BAC

Bank of America

FinancialsCommercial BanksS&P 500
Ticker BACCHARLOTTE, NCFiscal year ends DecemberBook value per share $40.93Diluted shares 7.4B

Bank of America (NYSE: BAC) is a financial holding company providing banking, investing, asset management, and financial and risk management products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments. It operates through four business… From the company’s description.

In fiscal 2025, Bank of America reported revenue of $113.10B, up 11.0% from fiscal 2024, and net income of $30.51B. Its pre-tax margin was 33.3%. Over the twelve months to Jun 30, 2026, revenue was $121.10B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$113.10BFY2025
+11.0% year over year
Last 12 mo $121.10B
33.33%FY2025
+4.6 percentage points
Last 12 mo 36.22%
$30.51BFY2025
+12.4% year over year
Last 12 mo $33.66B
10.06%FY2025
+0.9 percentage points
Last 12 mo 11.18%
Cash & financing
$12.61BFY2025
+243.2% year over year
Last 12 mo $94.74B
$12.61BFY2025
+243.2% year over year
Last 12 mo $94.74B
7.86FY2025
Was 7.76× a year earlier
Last 12 mo 1.33
7.7BFY2025
−3.2% year over year
Last 12 mo 7.4B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bank of America does

In the company’s own words

Bank of America (NYSE: BAC) is a financial holding company providing banking, investing, asset management, and financial and risk management products and services to individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments. It operates through four business segments: Consumer Banking; Global Wealth & Investment Management, which provides investment and financial advice and asset management; Global Banking, serving corporate and commercial clients with lending, treasury, and investment banking services; and Global Markets, providing sales and trading and related services to institutional clients. Remaining activities are reported in All Other. The company serves customers through bank and nonbank subsidiaries across the United States and international markets. At December 31, 2025, it employed approximately 213,000 people. Its website is www.bankofamerica.com.

Company details
Sector
Financials
Industry (SIC)
Commercial Banks
Headquarters
CHARLOTTE, NC
Fiscal year end
December
CIK
70858
SIC
6021

Financial performance, year by year

Fiscal 2013–2025 · USD
$-12.11B$24.22B$60.55B$96.88B$133.21B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bank of America — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.4K
funds hold it
7 of 35
superinvestors hold it
$109.16B
held by funds, at market
28.3%
of shares held by funds
140
bond issues held by funds

Superinvestors in Bank of America · what they did last quarter

Warren BuffettDECREASED -5.9%
Berkshire Hathaway
9.2%of 13F portfolio
Bill NygrenINCREASED +22.1%
Harris Associates (Oakmark)
1.8%of 13F portfolio
Bill SmeadDECREASED -5.5%
Smead Capital Management
3.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Bank of America’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.50%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.58%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.58%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.53%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Bank of America’s bonds, as funds hold them

Funds report holding 140 issues of Bank of America’s debt, $41.99B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.06%, maturing 2026 to 2052.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Bank of America and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Bank of America's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Bank of America's last four quarterly filings that the numbers alone won't show?”
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