Bank Of America Income Taxes 2010-2024 | BAC
Bank Of America annual/quarterly income taxes history and growth rate from 2010 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period.
- Bank Of America income taxes for the quarter ending June 30, 2024 were $0.663B, a 5.91% increase year-over-year.
- Bank Of America income taxes for the twelve months ending June 30, 2024 were $1.524B, a 56.92% decline year-over-year.
- Bank Of America annual income taxes for 2023 were $1.827B, a 46.9% decline from 2022.
- Bank Of America annual income taxes for 2022 were $3.441B, a 72.22% increase from 2021.
- Bank Of America annual income taxes for 2021 were $1.998B, a 81.47% increase from 2020.
Bank Of America Annual Income Taxes
(Millions of US $) |
| 2023 |
$1,827 |
| 2022 |
$3,441 |
| 2021 |
$1,998 |
| 2020 |
$1,101 |
| 2019 |
$5,324 |
| 2018 |
$6,437 |
| 2017 |
$10,981 |
| 2016 |
$7,199 |
| 2015 |
$6,277 |
| 2014 |
$2,443 |
| 2013 |
$4,741 |
| 2012 |
$-1,116 |
| 2011 |
$-1,676 |
| 2010 |
$915 |
| 2009 |
$-1,916 |
Bank Of America Quarterly Income Taxes
(Millions of US $) |
| 2024-06-30 |
$663 |
| 2024-03-31 |
$588 |
| 2023-12-31 |
$-20 |
| 2023-09-30 |
$293 |
| 2023-06-30 |
$626 |
| 2023-03-31 |
$928 |
| 2022-12-31 |
$765 |
| 2022-09-30 |
$1,219 |
| 2022-06-30 |
$645 |
| 2022-03-31 |
$812 |
| 2021-12-31 |
$805 |
| 2021-09-30 |
$1,259 |
| 2021-06-30 |
$-1,182 |
| 2021-03-31 |
$1,116 |
| 2020-12-31 |
$649 |
| 2020-09-30 |
$-335 |
| 2020-06-30 |
$266 |
| 2020-03-31 |
$521 |
| 2019-12-31 |
$1,175 |
| 2019-09-30 |
$1,082 |
| 2019-06-30 |
$1,611 |
| 2019-03-31 |
$1,456 |
| 2018-12-31 |
$1,420 |
| 2018-09-30 |
$1,827 |
| 2018-06-30 |
$1,714 |
| 2018-03-31 |
$1,476 |
| 2017-12-31 |
$3,796 |
| 2017-09-30 |
$2,187 |
| 2017-06-30 |
$3,015 |
| 2017-03-31 |
$1,983 |
| 2016-12-31 |
$1,311 |
| 2016-09-30 |
$2,349 |
| 2016-06-30 |
$2,034 |
| 2016-03-31 |
$1,505 |
| 2015-12-31 |
$1,340 |
| 2015-09-30 |
$1,628 |
| 2015-06-30 |
$2,084 |
| 2015-03-31 |
$1,225 |
| 2014-12-31 |
$1,681 |
| 2014-09-30 |
$663 |
| 2014-06-30 |
$504 |
| 2014-03-31 |
$-405 |
| 2013-12-31 |
$406 |
| 2013-09-30 |
$2,348 |
| 2013-06-30 |
$1,486 |
| 2013-03-31 |
$501 |
| 2012-12-31 |
$-2,636 |
| 2012-09-30 |
$770 |
| 2012-06-30 |
$684 |
| 2012-03-31 |
$66 |
| 2011-12-31 |
$441 |
| 2011-09-30 |
$1,201 |
| 2011-06-30 |
$-4,049 |
| 2011-03-31 |
$731 |
| 2010-12-31 |
$-2,351 |
| 2010-09-30 |
$1,387 |
| 2010-06-30 |
$672 |
| 2010-03-31 |
$1,207 |
| 2009-12-31 |
$-1,225 |
| 2009-09-30 |
$-975 |
| 2009-06-30 |
$-845 |
| 2009-03-31 |
$1,129 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Major Regional |
$307.434B |
$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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