Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.

Bank of America Corporation

Loans and Leases

Loans and Leases %Chg

Loans and Leases Common Size

Debt Securities

Debt Securities %Chg

Debt Securities Common Size

Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell

Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell %Chg

Federal Funds Sold and Securities Borrowed or Purchased Under Agreements to Resell Common Size

Trading Account Assets

Trading Account Assets %Chg

Trading Account Assets Common Size

Other Interest Income

Other Interest Income %Chg

Other Interest Income Common Size

Interest Income

Interest Income %Chg

Interest Income Common Size

Deposits

Deposits %Chg

Deposits Common Size

Short-Term Borrowings

Short-Term Borrowings %Chg

Short-Term Borrowings Common Size

Trading Account Liabilities

Trading Account Liabilities %Chg

Trading Account Liabilities Common Size

Long-Term Debt

Long-Term Debt %Chg

Long-Term Debt Common Size

Total Interest Expense

Total Interest Expense %Chg

Total Interest Expense Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Net Interest Income

Net Interest Income %Chg

Net Interest Income Common Size

Card Income

Card Income %Chg

Card Income Common Size

Service Charges

Service Charges %Chg

Service Charges Common Size

Investment and Brokerage Services

Investment and Brokerage Services %Chg

Investment and Brokerage Services Common Size

Investment Banking Income

Investment Banking Income %Chg

Investment Banking Income Common Size

Fees and Commissions

Fees and Commissions %Chg

Fees and Commissions Common Size

Market Making and Similar Activities

Market Making and Similar Activities %Chg

Market Making and Similar Activities Common Size

Mortgage Banking Income

Mortgage Banking Income %Chg

Mortgage Banking Income Common Size

Gains on Sales of Debt Securities

Gains on Sales of Debt Securities %Chg

Gains on Sales of Debt Securities Common Size

Other Income

Other Income %Chg

Other Income Common Size

Total Noninterest Income

Total Noninterest Income %Chg

Total Noninterest Income Common Size

Total Revenue, Net of Interest Expense

Total Revenue, Net of Interest Expense %Chg

Total Revenue, Net of Interest Expense Common Size

Provision for Credit Losses

Provision for Credit Losses %Chg

Provision for Credit Losses Common Size

Compensation and Benefits

Compensation and Benefits %Chg

Compensation and Benefits Common Size

Occupancy

Occupancy %Chg

Occupancy Common Size

Equipment

Equipment %Chg

Equipment Common Size

Occupancy and Equipment

Occupancy and Equipment %Chg

Occupancy and Equipment Common Size

Information Processing and Communications

Information Processing and Communications %Chg

Information Processing and Communications Common Size

Product Delivery and Transaction Related

Product Delivery and Transaction Related %Chg

Product Delivery and Transaction Related Common Size

Professional Fees

Professional Fees %Chg

Professional Fees Common Size

Amortization of Intangibles

Amortization of Intangibles %Chg

Amortization of Intangibles Common Size

Data Processing

Non-Interest Income

Non-Interest Income %Chg

Non-Interest Income Common Size

Total Revenues Before Provision for Credit Losses

Total Revenues Before Provision for Credit Losses %Chg

Total Revenues Before Provision for Credit Losses Common Size

Total Revenues After Provision for Credit Losses

Total Revenues After Provision for Credit Losses %Chg

Total Revenues After Provision for Credit Losses Common Size

Compensation Expenses

Compensation Expenses %Chg

Compensation Expenses Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Data Processing %Chg

Data Processing Common Size

Telecommunications

Telecommunications %Chg

Telecommunications Common Size

Marketing

Marketing %Chg

Marketing Common Size

Other Non-Interest Expenses

Other Non-Interest Expenses %Chg

Other Non-Interest Expenses Common Size

Other General Operating

Revenue

EBIT

EBITDA

CapEx

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Net Interest Income	29,113	28,326	27,734	28,325	28,606	28,446
Interest Income
Interest Expense
Total Interest Expense
Non-Interest Income	24,716	22,366	23,461	18,801	22,849	20,588
Card Income
Service Charges
Investment and Brokerage Services
Investment Banking Income
Fees and Commissions
Market Making and Similar Activities
Mortgage Banking Income
Gains on Sales of Debt Securities
Other Income
Total Revenues Before Provision for Credit Losses	53,829	50,692	51,195	47,126	51,455	49,034
Total Revenues Before Provision for Credit Losses %Chg	5.1%	7.6%	-0.5%	-3.9%	12.1%	9.4%
Total Revenue, Net of Interest Expense
Provision for Credit Losses	3,072	2,994	2,827	2,338	2,056	1,990
Provision for Credit Losses
Total Revenues After Provision for Credit Losses	50,757	47,698	48,368	44,788	49,399	47,044
Compensation Expenses	21,221	20,161	20,021	19,011	19,319	18,048
Compensation and Benefits
Selling, General & Administrative Expenses	7,962	7,901	7,449	7,179	7,222	7,139
Information Processing and Communications
Product Delivery and Transaction Related
Professional Fees
Data Processing
Telecommunications
Marketing
Other Non-Interest Expenses	5,770	5,204	6,076	7,379	5,735	5,659
Occupancy
Equipment
Occupancy and Equipment
Amortization of Intangibles
Other General Operating
Total Non-Interest Expense	34,953	33,266	33,546	33,569	32,276	30,846
Total Noninterest Expense
Income Before Provision for Income Taxes	15,804	14,432	14,822	11,219	17,123	16,198
Income Before Income Taxes
Provision for Income Taxes	1,292	871	1,251	273	1,554	1,984
Income Tax Expense
Consolidated Net Income	14,512	13,561	13,571	10,946	15,569	14,214
Net Income
Net Income Attributable to Preferred Dividends	697	782	847	838	811	731
Preferred Stock Dividends and Other
Net Income Attributable to Common Shareholders	13,815	12,779	12,724	10,108	14,758	13,483
Net Income Applicable to Common Shareholders
Basic EPS	1.8	1.7	1.6	1.3	1.8	1.7
Diluted EPS	1.8	1.6	1.6	1.3	1.8	1.7
Basic Weighted Average Shares Outstanding	7,629.5	7,777.7	7,933.3	8,003.7	8,053.5	8,098.1
Diluted Weighted Average Shares Outstanding	7,711.2	7,875.4	7,996.2	7,998.4	8,162.6	8,152.8
Total Shares Outstanding	7,436.7	7,610.9	7,774.8	7,895.5	7,953.6	7,996.8
EBITDA	1,136	1,108	1,081	1,044	1,013	993
Effective Tax Rate	8.2%	6%	8.4%	2.4%	9.1%	12.2%