What is Bank of America Corp's earnings per share (EPS)?

Bank of America Corp (BACRP) reported diluted earnings per share of $3.81 for fiscal year 2025. This represents a 19.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Bank of America Corp Financials

BACRP

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Bank of America Corp (BACRP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BACRP FY2025 2026-04-22

Thin returns on a $3.4T asset base become solid shareholder earnings because modest asset profitability is amplified by leverage.

From FY2023 to FY2025, return on assets stayed under 0.9%, yet return on equity improved from 9.1% to 10.1% because equity funded only about 8.9% of FY2025 assets ($303.2B of $3.41T). That means a small lift in asset profitability can create a noticeably larger move in shareholder returns.

FY2025's profit rebound was not just a volume story: revenue reached $113.1B and interest expense fell to $78.5B. Overhead kept climbing to $42.3B, so the earnings lift looks driven more by a wider spread between revenue and financing costs than by tighter operating expense control.

The balance sheet remains deliberately leveraged: liabilities were about 91.1% of assets in FY2025. Cash of $231.8B sat below long-term debt of $317.8B, while retained earnings kept building, indicating capital is being accumulated through profits rather than through a lighter balance sheet. Equity also edged higher over the last three years, so returns were supported without shrinking the asset base.

Financial Health Signals

Financial Profile 26/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Bank of America Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Bank of America Corp's revenue grew 6.8% year-over-year to $113.1B, a solid pace of expansion. This earns a growth score of 42/100.

Leverage

Bank of America Corp carries a low D/E ratio of 1.05, meaning only $1.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 81/100, indicating a strong balance sheet with room for future borrowing.

Returns

Bank of America Corp's ROE of 10.1% shows moderate profitability relative to equity, earning a score of 32/100. This is up from 9.2% the prior year.

Piotroski F-Score Neutral

5/9

Bank of America Corp passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.41x

For every $1 of reported earnings, Bank of America Corp generates $0.41 in operating cash flow ($12.6B OCF vs $30.5B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$113.1B

YoY+6.8%

5Y CAGR+5.7%

10Y CAGR+3.1%

Bank of America Corp generated $113.1B in revenue in fiscal year 2025. This represents an increase of 6.8% from the prior year.

EBITDA

N/A

Net Income

$30.5B

YoY+13.1%

5Y CAGR+11.3%

10Y CAGR+6.7%

Bank of America Corp reported $30.5B in net income in fiscal year 2025. This represents an increase of 13.1% from the prior year.

EPS (Diluted)

$3.81

YoY+19.4%

5Y CAGR+15.3%

10Y CAGR+11.3%

Bank of America Corp earned $3.81 per diluted share (EPS) in fiscal year 2025. This represents an increase of 19.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$231.8B

YoY-20.1%

5Y CAGR-9.4%

10Y CAGR+3.8%

Bank of America Corp held $231.8B in cash against $317.8B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.08

YoY+8.0%

5Y CAGR+8.4%

10Y CAGR+18.4%

Bank of America Corp paid $1.08 per share in dividends in fiscal year 2025. This represents an increase of 8.0% from the prior year.

Shares Outstanding

7.21B

YoY-5.2%

5Y CAGR-3.6%

10Y CAGR-3.6%

Bank of America Corp had 7.21B shares outstanding in fiscal year 2025. This represents a decrease of 5.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

27.0%

YoY+1.5pp

5Y CAGR+6.1pp

10Y CAGR+7.8pp

Bank of America Corp's net profit margin was 27.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.

Return on Equity

10.1%

YoY+0.9pp

5Y CAGR+3.5pp

10Y CAGR+3.8pp

Bank of America Corp's ROE was 10.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$21.4B

YoY+63.6%

5Y CAGR+25.0%

10Y CAGR+24.6%

Bank of America Corp spent $21.4B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 63.6% from the prior year.

Capital Expenditures

N/A

BACRP Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$113.1B+6.8%	$105.9B+3.0%	$102.8B+8.2%	$95.0B+6.6%	$89.1B+4.2%	$85.5B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$42.3B+5.4%	$40.2B+4.8%	$38.3B+5.2%	$36.4B+0.8%	$36.1B+10.4%	$32.7B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$78.5B-13.3%	$90.5B+23.5%	$73.3B+264.8%	$20.1B+324.3%	$4.7B-42.4%	$8.2B
Income Tax	$7.2B+15.0%	$6.3B+0.4%	$6.2B+80.9%	$3.4B+72.2%	$2.0B+81.5%	$1.1B
Net Income	$30.5B+13.1%	$27.0B+2.5%	$26.3B-4.4%	$27.5B-13.9%	$32.0B+78.7%	$17.9B
EPS (Diluted)	$3.81+19.4%	$3.19+4.6%	$3.05-4.4%	$3.19-10.6%	$3.57+90.9%	$1.87

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$30.3B-0.1%	$30.3B+7.9%	$28.1B+6.1%	$26.5B-6.3%	$28.2B-3.6%	$29.3B+15.7%	$25.3B-0.1%	$25.4B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$11.3B+6.9%	$10.6B+0.8%	$10.5B+1.8%	$10.3B-5.1%	$10.9B+6.3%	$10.2B+3.3%	$9.9B+0.9%	$9.8B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$17.6B-4.8%	$18.5B-8.1%	$20.1B-0.3%	$20.2B+3.0%	$19.6B-9.2%	$21.6B-8.1%	$23.5B+1.6%	$23.2B
Income Tax	$1.8B-54.4%	$4.0B+304.3%	$987.0M+72.6%	$572.0M-65.1%	$1.6B-64.2%	$4.6B+968.0%	$428.0M-35.4%	$663.0M
Net Income	$8.6B+13.5%	$7.6B-10.7%	$8.5B+19.0%	$7.1B-3.3%	$7.4B+13.1%	$6.5B-5.7%	$6.9B0.0%	$6.9B
EPS (Diluted)	$1.11	N/A	$1.06+19.1%	$0.890.0%	$0.89	N/A	$0.81-2.4%	$0.83

BACRP Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.4T+4.6%	$3.3T+2.6%	$3.2T+4.2%	$3.1T-3.7%	$3.2T+12.4%	$2.8T
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$231.8B-20.1%	$290.1B-12.9%	$333.1B+44.7%	$230.2B-33.9%	$348.2B-8.5%	$380.5B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B+0.1%	$69.0B
Total Liabilities	$3.1T+4.8%	$3.0T+2.7%	$2.9T+4.0%	$2.8T-4.2%	$2.9T+13.9%	$2.5T
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$317.8B+12.2%	$283.3B-6.3%	$302.2B+9.5%	$276.0B-1.5%	$280.1B+6.5%	$262.9B
Total Equity	$303.2B+3.2%	$294.0B+1.3%	$290.2B+6.2%	$273.2B+1.2%	$270.1B-1.0%	$272.9B
Retained Earnings	$261.7B+8.7%	$240.8B+7.2%	$224.7B+8.5%	$207.0B+10.1%	$188.1B+14.6%	$164.1B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$3.5T+2.5%	$3.4T+0.2%	$3.4T-1.1%	$3.4T+2.8%	$3.3T+2.7%	$3.3T-1.9%	$3.3T+2.0%	$3.3T
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$242.5B+4.6%	$231.8B-5.9%	$246.5B-7.3%	$266.0B-2.8%	$273.6B-5.7%	$290.1B-1.9%	$295.6B-7.8%	$320.6B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B0.0%	$69.0B
Total Liabilities	$3.2T+2.8%	$3.1T+0.3%	$3.1T-1.3%	$3.1T+2.9%	$3.1T+2.9%	$3.0T-2.0%	$3.0T+2.1%	$3.0T
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$326.0B+2.6%	$317.8B+2.0%	$311.5B-0.6%	$313.4B+3.0%	$304.1B+7.4%	$283.3B-4.6%	$296.9B+2.2%	$290.5B
Total Equity	$300.7B-0.8%	$303.2B-0.3%	$304.2B+1.5%	$299.6B+1.9%	$293.9B0.0%	$294.0B-0.9%	$296.5B+0.9%	$293.9B
Retained Earnings	$267.8B+2.3%	$261.7B+1.4%	$258.1B+2.4%	$252.2B+2.0%	$247.3B+2.7%	$240.8B+1.2%	$238.0B+1.9%	$233.6B

BACRP Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$12.6B+243.2%	-$8.8B-119.6%	$45.0B+811.0%	-$6.3B+12.0%	-$7.2B-118.9%	$38.0B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$145.2B-60.1%	-$90.7B-156.3%	-$35.4B-1299.2%	-$2.5B+99.2%	-$313.3B-76.3%	-$177.7B
Financing Cash Flow	$69.9B+15.9%	$60.4B-35.3%	$93.3B+188.0%	-$106.0B-136.4%	$291.6B-18.0%	$355.8B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$21.4B+63.6%	$13.1B+186.4%	$4.6B-9.8%	$5.1B-79.8%	$25.1B+257.7%	$7.0B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$41.8B+282.0%	-$22.9B-149.0%	$46.9B+613.3%	-$9.1B-318.1%	-$2.2B-108.4%	$25.9B+169.5%	-$37.3B-306.0%	$18.1B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$66.5B-5569.9%	-$1.2B-160.3%	$1.9B+103.4%	-$56.9B+36.1%	-$89.0B-1045.9%	$9.4B+134.5%	-$27.3B-1689.8%	-$1.5B
Financing Cash Flow	$35.9B+257.5%	$10.0B+114.8%	-$68.0B-223.5%	$55.1B-24.4%	$72.8B+298.1%	-$36.8B-200.0%	$36.8B+543.1%	-$8.3B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$7.2B+14.7%	$6.3B+19.1%	$5.3B0.0%	$5.3B+17.3%	$4.5B+27.9%	$3.5B0.0%	$3.5B0.0%	$3.5B

BACRP Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	27.0%+1.5pp	25.5%-0.1pp	25.6%-3.4pp	29.0%-6.9pp	35.9%+15.0pp	20.9%
Return on Equity	10.1%+0.9pp	9.2%+0.1pp	9.1%-1.0pp	10.1%-1.8pp	11.8%+5.3pp	6.6%
Return on Assets	0.9%+0.1pp	0.8%0.0pp	0.8%-0.1pp	0.9%-0.1pp	1.0%+0.4pp	0.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.05+0.1	0.96-0.1	1.04+0.0	1.01-0.0	1.04+0.1	0.96
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	28.4%+3.4pp	25.0%-5.2pp	30.1%+3.3pp	26.9%+0.8pp	26.1%+3.9pp	22.2%-5.0pp	27.2%+0.0pp	27.2%
Return on Equity	2.9%+0.4pp	2.5%-0.3pp	2.8%+0.4pp	2.4%-0.1pp	2.5%+0.3pp	2.2%-0.1pp	2.3%-0.0pp	2.4%
Return on Assets	0.3%+0.0pp	0.2%-0.0pp	0.3%+0.0pp	0.2%-0.0pp	0.2%+0.0pp	0.2%0.0pp	0.2%0.0pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.08+0.0	1.05+0.0	1.02-0.0	1.05+0.0	1.03+0.1	0.96-0.0	1.00+0.0	0.99
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Bank of America Corp's annual revenue?

Bank of America Corp (BACRP) reported $113.1B in total revenue for fiscal year 2025. This represents a 6.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Bank of America Corp's revenue growing?

Bank of America Corp (BACRP) revenue grew by 6.8% year-over-year, from $105.9B to $113.1B in fiscal year 2025.

Is Bank of America Corp profitable?

Yes, Bank of America Corp (BACRP) reported a net income of $30.5B in fiscal year 2025, with a net profit margin of 27.0%.

How much debt does Bank of America Corp have?

As of fiscal year 2025, Bank of America Corp (BACRP) had $231.8B in cash and equivalents against $317.8B in long-term debt.

What is Bank of America Corp's net profit margin?

Bank of America Corp (BACRP) had a net profit margin of 27.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Bank of America Corp pay dividends?

Yes, Bank of America Corp (BACRP) paid $1.08 per share in dividends during fiscal year 2025.

What is Bank of America Corp's return on equity (ROE)?

Bank of America Corp (BACRP) has a return on equity of 10.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Bank of America Corp's operating cash flow?

Bank of America Corp (BACRP) generated $12.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Bank of America Corp's total assets?

Bank of America Corp (BACRP) had $3.4T in total assets as of fiscal year 2025, including both current and long-term assets.

Does Bank of America Corp buy back shares?

Yes, Bank of America Corp (BACRP) spent $21.4B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Bank of America Corp have outstanding?

Bank of America Corp (BACRP) had 7.21B shares outstanding as of fiscal year 2025.

What is Bank of America Corp's debt-to-equity ratio?

Bank of America Corp (BACRP) had a debt-to-equity ratio of 1.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Bank of America Corp's return on assets (ROA)?

Bank of America Corp (BACRP) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Bank of America Corp's Piotroski F-Score?

Bank of America Corp (BACRP) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Bank of America Corp's earnings high quality?

Bank of America Corp (BACRP) has an earnings quality ratio of 0.41x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Bank of America Corp?

Bank of America Corp (BACRP) scores 26 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.