Bank Of America Net Income/Loss 2010-2024 | BAC
Bank Of America annual/quarterly net income/loss history and growth rate from 2010 to 2024. Net income/loss can be defined as the company's total income or loss before preferred stock dividends, taken from the Income Statement
- Bank Of America net income/loss for the quarter ending June 30, 2024 was $13.571B, a 12.83% decline year-over-year.
- Bank Of America net income/loss for the twelve months ending June 30, 2024 was $70.131B, a 2.13% decline year-over-year.
- Bank Of America annual net income/loss for 2023 was $26.515B, a 3.68% decline from 2022.
- Bank Of America annual net income/loss for 2022 was $27.528B, a 13.92% decline from 2021.
- Bank Of America annual net income/loss for 2021 was $31.978B, a 78.71% increase from 2020.
Bank Of America Annual Net Income/Loss
(Millions of US $) |
| 2023 |
$26,515 |
| 2022 |
$27,528 |
| 2021 |
$31,978 |
| 2020 |
$17,894 |
| 2019 |
$27,430 |
| 2018 |
$28,147 |
| 2017 |
$18,232 |
| 2016 |
$17,822 |
| 2015 |
$15,910 |
| 2014 |
$5,520 |
| 2013 |
$11,431 |
| 2012 |
$4,188 |
| 2011 |
$1,446 |
| 2010 |
$-2,238 |
| 2009 |
$6,276 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Major Regional |
$305.727B |
$171.912B |
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Bank of America Corp. is one of the largest financial holding companies in the U.S. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc.
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