Bank of America Corporation

NYSE-BAC

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	8,469	7,116	7,396	6,665	6,896	6,897
Net Income
Depreciation & Amortization	584	571	565	559	549	543
Depreciation and Premises Improvements Amortization
Amortization of Intangibles
Depreciation and Amortization
Stock Based Compensation	1,018	1,015	999	891	832	845
Amortization of Stock-Based Compensation
Net Change in Loans Held-for-Sale	-1,408	1,481	2,599	312	-5,500.5	1,281
Originations and Purchases
Proceeds from Sales and Paydowns of Loans Originally Classified as Held-for-Sale
Proceeds from Sales and Paydowns of Loans Originally Classified as Held for Sale and Instruments from Related Securitization Activities
Loans Held-for-Sale
Other Adjustments	-510	-131	-255	-459	-285	-417
Losses on Sales of Debt Securities
Gains on Sales of Debt Securities
Realized Debit Valuation Adjustments on Structured Liabilities
Net Accretion of Discount/Premium on Debt Securities
Deferred Income Taxes
Impairment of Equity Method Investment
Changes in Accrued Expenses	10,658	17,760	-8,179	-13,131	8,398	-724
Accrued Expenses and Other Liabilities
Changes in Other Operating Activities	26,768	-38,536	-6,789	29,625	-51,868	7,163
Change in Trading and Derivative Assets/Liabilities
Other Assets
Other Operating Activities, Net
Cash from Operating Activities	46,874	-9,132	-2,184	25,914	-37,276	18,096
Net Cash Provided by Operating Activities

Cash Flow Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23	Jun '23	Mar '23	Dec '22
Provision for Credit Losses	1,295	1,592	1,480	1,452	1,542	1,508
Provision for Credit Losses

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	27,757	-30,109	-54,566	64,776	264	-22,169
Change in Time Deposits Placed and Other Short-Term Investments
Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell
Net Change in Loans Held-for-Investment	-20,270	-37,824	-16,347	-21,585	-20,749	-9,114
Proceeds from Sales of Loans Originally Classified as Held for Investment and Instruments from Related Securitization Activities
Purchases
Other Changes in Loans and Leases, Net
Net Change in Securities and Investments	-4,990	12,478	-17,298	-32,499	-5,742	30,778
Proceeds from Sales
Proceeds from Paydowns and Maturities
Purchases
Proceeds from Paydowns and Maturities
Purchases
Other Investing Activities	-554	-1,463	-799	-1,282	-1,031	-1,018
Other Investing Activities, Net
Cash from Investing Activities	1,943	-56,918	-89,010	9,410	-27,258	-1,523
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Change in Deposits	-9,405	22,049	24,097	35,115	19,861	-36,005
Deposits
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-56,872	27,377	44,312	-66,200	29,852	38,448
Federal Funds Purchased and Securities Loaned or Sold Under Agreements to Repurchase
Issuance of Long-Term Debt	18,929	23,286	33,640	14,090	12,220	14,711
Proceeds from Issuance
Repayments of Long-Term Debt	-21,929	-19,631	-16,333	-17,700	-16,569	-19,535
Retirement
Net Issuance / (Repayments) of Long-Term Debt	-3,000	3,655	17,307	-3,610	-4,349	-4,824
Repurchases of Common Shares	-5,300	-5,302	-4,521	-3,535	-3,534	-3,535
Common Stock Repurchased
Net Issuance / (Repurchases) of Common Shares	-5,300	-5,302	-4,521	-3,535	-3,534	-3,535
Issuance of Preferred Shares	2,497	2,996	—	—	—	—
Proceeds from Issuance
Repurchases of Preferred Shares	—	-1,334.5	-2,669	-1,400	-2,000	-1,854
Redemptions
Net Issuance / (Repurchases) of Preferred Shares	2,497	1,661.5	-2,669	-1,400	-2,000	-1,854
Common Share Dividends Paid	-2,451	-2,200	-2,552	-2,275	-2,493	-2,216
Cash Dividends Paid
Other Financing Activities	6,541	6,484	-3,142	5,136	-557	1,686
Change in Short-Term Borrowings
Other Financing Activities, Net
Excess Tax Benefits on Share-Based Payments
Cash from Financing Activities	-67,990	55,059	72,832	-36,768	36,779	-8,300
Net Cash Provided by Financing Activities
Net Cash Provided by Financing Activities

Free Cash Flow	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Free Cash Flow	46,874	-9,132	-2,184	25,914	-37,276	18,096
Levered Free Cash Flow	43,050	-9,725	9,894	19,842	-40,890	8,740
Unlevered Free Cash Flow	38,010	-20,205	-14,403	17,053	-42,921	6,982
Net Change in Cash	-19,173	-10,991	-18,362	-1,444	-27,755	8,273