BAC · XBRL financial data

BofA Finance financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BAC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	85,528	89,113	94,950	98,581	101,887	113,097
Interest expense	8,225	4,738	20,103	73,331	—	—
Income tax expense (benefit)	1,101	1,998	3,441	1,827	2,122	7,186
Net income (loss)	17,894	31,978	27,528	26,515	27,132	30,509
Earnings per share, basic USD per share	1.88	3.60	3.21	3.10	3.25	3.86
Earnings per share, diluted USD per share	1.87	3.57	3.19	3.08	3.21	3.81
Weighted average shares, basic millions of shares	8,753	8,493	8,114	8,029	7,856	7,522
Weighted average shares, diluted millions of shares	8,797	8,558	8,168	8,081	7,936	7,681

Fiscal years (BAC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	380,463	348,221	230,203	333,073	290,114	231,845
Property and equipment, net	11,000	10,833	11,510	11,855	12,168	12,516
Right-of-use asset	10,000	10,233	9,755	9,150	8,527	8,395
Goodwill	68,951	69,022	69,022	69,021	69,021	69,021
Total assets	2,819,627	3,169,495	3,051,375	3,180,151	3,261,519	3,411,738
Commercial paper	—	—	9,900	13,100	24,200	20,400
Total deposits	1,795,480	2,064,446	1,930,341	1,923,827	1,965,467	2,018,729
Total liabilities	2,546,703	2,899,429	2,778,178	2,888,505	2,965,960	3,108,495
Retained earnings	164,088	188,064	207,003	224,672	242,349	261,693
Total stockholders' equity	272,924	270,066	273,197	291,646	295,559	303,243
Total liabilities and equity	2,819,627	3,169,495	3,051,375	3,180,151	3,261,519	3,411,738
Common shares outstanding (cover page) millions of shares	8,633	8,070	8,004	7,873	7,605	7,177

Fiscal years (BAC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	17,894	31,978	27,528	26,515	27,132	30,509
Stock-based compensation	2,031	2,768	2,862	2,942	3,433	4,001
Depreciation and amortization	1,843	1,898	1,978	2,057	2,189	2,314
Net cash from operating activities	37,993	(7,193)	(6,327)	44,982	(8,805)	12,613
Net cash from investing activities	(177,665)	(313,291)	(2,529)	(35,387)	(90,693)	(145,157)
Share repurchases	7,025	25,126	5,073	4,576	13,104	21,433
Proceeds from long-term debt	57,013	76,675	65,910	65,396	56,683	99,867
Repayments of long-term debt	47,948	46,826	34,055	44,571	70,411	76,031
Net cash from financing activities	355,819	291,650	(106,039)	93,345	60,369	69,948
Net change in cash	218,903	(32,242)	(118,018)	102,870	(42,959)	(58,269)

SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Bank of America	26,907	29,958	(6,499)*	6.9B	Q3 FY26 10-QSep 30, 2026
Wells Fargo & Company	40,556	21,870	8,867*	3.0B	Q3 FY26 10-QSep 30, 2026
Citigroup	24,663	24,766	not reported	1.7B	Q2 FY26 10-QJun 30, 2026
JPMorgan Chase	21,259	50,172	33,161*	2.7B	Q3 FY26 10-QSep 30, 2026
Capital One Financial	4,950	2,836	5,712*	601.5M	Q3 FY26 10-QSep 30, 2026
PNC Financial Services Group	5,755	6,562	3,065*	396.8M	Q3 FY26 10-QSep 30, 2026
US Bancorp de	66,491	7,712	4,820*	1.6B	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.