Stock research

Bank of America Corporation (BAC) Stock Research

Bank of America is a leading US retail and commercial bank with a large wealth-management arm through Merrill.

For the fiscal year ended December 31, 2025, Bank of America Corporation reported revenue of $113.1B and net income of $30.5B, with operating cash flow of $12.6B. Source: Form 10-K filed February 25, 2026

SEC data as of

Revenue
$113.1B
FY ending 2025-12-31
Net income
$30.5B
FY ending 2025-12-31
Diluted EPS
$3.81
Net margin
27.0%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About Bank of America

Its deposit-heavy balance sheet makes it sensitive to shifts in interest rates.

Exchange
NYSE: BAC
Sector
Financials
SEC industry
National Commercial Banks (SIC 6021)
Fiscal year end
December 31
Headquarters
Charlotte, North Carolina
Founded
1904

BAC key financials

Reported figures from Bank of America Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$113.1B2025-01-01 – 2025-12-31SEC filing
Net income$30.5B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$12.6B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$3.812025-01-01 – 2025-12-31SEC filing
Net margin27.0%2025-01-01 – 2025-12-31SEC filing
Shares outstanding7.30BAs of 2025-10-30SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in BAC

Bank of America Corporation sits in Financials. Banks, insurers, asset managers, and exchanges — the plumbing of capital markets, geared directly to interest rates and credit. We have not yet written company-specific drivers for BAC; the forces that matter most for the sector are:

  • ◆The shape of the yield curve and net interest margins
  • ◆Credit quality and loan-loss provisions
  • ◆Regulation and capital requirements
  • ◆Deal activity and market volatility

Key questions for the BAC thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does BAC's reported profit turn into cash?

Operating cash flow was $12.6B, 0.41 times net income of $30.5B, for the fiscal year ended December 31, 2025.

Cash from operations trailed reported earnings. Working-capital build (receivables, inventory, prepayments) or non-cash gains are the usual reasons; check the cash-flow statement before relying on reported profit.

Form 10-K filed February 25, 2026

How much of BAC's revenue is left as profit?

Net income was 27.0% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 25, 2026

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Congressional trading in BAC

PoliticianTrade dateTypeOwnerAmountSource
Jim Himes2026-07-20SaleJoint$1,001 - $15,000Filing #20035047
Laurel Lee2026-06-02SaleSpouse$1,001 - $15,000Filing #20034694
Alan Armstrong2026-03-27PurchaseSelf$15,001 - $50,000Filing #fda235b3-bad7-4637-8fa1-053f354d929c
Julie Johnson2025-12-18SaleJoint$1,001 - $15,000Filing #20033789
Julie Johnson2025-11-13SaleJoint$1,001 - $15,000Filing #20033611
Lisa McClain2025-10-31SaleSpouse$1,001 - $15,000Filing #20033446
Lisa McClain2025-10-30PurchaseSpouse$1,001 - $15,000Filing #20033446
Lisa McClain2025-10-30SaleSpouse$1,001 - $15,000Filing #20033446
Valerie Hoyle2025-09-23SaleSpouse$1,001 - $15,000Filing #20032211
Julie Johnson2025-08-14SaleJoint$1,001 - $15,000Filing #20032066

All verified BAC congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

BAC — frequently asked questions

What does Bank of America Corporation do?

Bank of America is a leading US retail and commercial bank with a large wealth-management arm through Merrill.

What were BAC's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, Bank of America Corporation reported revenue of $113.1B and net income of $30.5B, with operating cash flow of $12.6B. The figures come from Bank of America Corporation's SEC XBRL filings.

When does Bank of America Corporation's fiscal year end?

The SEC lists Bank of America Corporation's fiscal year end as December 31.

Do members of Congress trade BAC?

The current verified House and Senate snapshot contains 26 transaction rows for BAC, each linked to the original filing.

Where is Bank of America Corporation headquartered?

Bank of America Corporation is headquartered in Charlotte, North Carolina and was founded in 1904.

Is BAC a good investment?

This page does not rate BAC as a buy or sell. It sets out what Bank of America Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the BAC numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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