BANK OF AMERICA CORP /DE/
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
BAC$50.68+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Income Consolidated Statement of Comprehensive Income
| Consolidated Statement of Income | |||
|---|---|---|---|
| (In millions, except per share information) | 2025 | 2024 | 2023 |
| Net interest income | |||
| Interest income | $138,566 | $146,607 | $130,262 |
| Interest expense | 78,470 | 90,547 | 73,331 |
| Net interest income | 60,096 | 56,060 | 56,931 |
| Noninterest income | |||
| Fees and commissions | 39,402 | 36,291 | 32,009 |
| Market making and similar activities | 12,014 | 12,967 | 12,732 |
| Other income (loss) | 1,585 | 538 | 1,097 |
| Total noninterest income | 53,001 | 49,796 | 45,838 |
| Total revenue, net of interest expense | 113,097 | 105,856 | 102,769 |
| Provision for credit losses | 5,675 | 5,821 | 4,394 |
| Noninterest expense | |||
| Compensation and benefits | 42,346 | 40,182 | 38,330 |
| Information processing and communications | 7,453 | 7,231 | 6,707 |
| Occupancy and equipment | 7,448 | 7,289 | 7,164 |
| Product delivery and transaction related | 3,924 | 3,494 | 3,608 |
| Professional fees | 2,580 | 2,669 | 2,159 |
| Marketing | 2,204 | 1,956 | 1,927 |
| Other general operating | 3,772 | 3,991 | 5,950 |
| Total noninterest expense | 69,727 | 66,812 | 65,845 |
| Income before income taxes | 37,695 | 33,223 | 32,530 |
| Income tax expense | 7,186 | 6,250 | 6,225 |
| Net income | $30,509 | $26,973 | $26,305 |
| Preferred stock dividends | 1,454 | 1,629 | 1,649 |
| Net income applicable to common shareholders | $29,055 | $25,344 | $24,656 |
| Per common share information | |||
| Earnings | $3.86 | $3.23 | $3.07 |
| Diluted earnings | 3.81 | 3.19 | 3.05 |
| Average common shares issued and outstanding | 7,521.9 | 7,855.5 | 8,028.6 |
| Average diluted common shares issued and outstanding | 7,680.9 | 7,935.8 | 8,080.5 |
| Consolidated Statement of Comprehensive Income | |||
|---|---|---|---|
| (Dollars in millions) | 2025 | 2024 | 2023 |
| Net income | $30,509 | $26,973 | $26,305 |
| Other comprehensive income (loss), net-of-tax: | |||
| Net change in debt securities | 1,156 | 158 | 573 |
| Net change in debit valuation adjustments | (329) | (127) | (686) |
| Net change in derivatives | 3,590 | 2,428 | 3,919 |
| Employee benefit plan adjustments | 319 | 131 | (439) |
| Net change in foreign currency translation adjustments | 23 | (87) | 1 |
| Other comprehensive income (loss) | 4,759 | 2,503 | 3,368 |
| Comprehensive income | $35,268 | $29,476 | $29,673 |
91 Bank of America
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