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BAC-PE

Bank of America Corporation

BAC-PE

Bank of America Corporation • NYSE
$19.86 ▲ 0.61% (+0.12)
Market Cap $328.87 B
52w High $25.50
52w Low $19.64
Dividend Yield 1.26%
P/E 5.65
Volume 8.54K
Outstanding Shares 16.56B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $48.221B ▲ $17.337B ▲ $8.469B ▲ 17.563% ▲ $1.08 ▲ $10.04B ▲
Q2-2025 $46.666B ▼ $17.183B ▼ $7.116B ▼ 15.249% ▼ $0.9 ▼ $8.269B ▼
Q1-2025 $46.989B ▲ $17.77B ▲ $7.396B ▲ 15.74% ▲ $0.91 ▲ $8.681B ▲
Q4-2024 $46.965B ▼ $16.787B ▲ $6.665B ▼ 14.191% ▲ $0.83 ▲ $7.667B ▼
Q3-2024 $48.869B $16.479B $6.896B 14.111% $0.82 $7.873B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $957.7B ▲ $3.403T ▼ $3.099T ▼ $304.152B ▲
Q2-2025 $653.421B ▼ $3.441T ▲ $3.142T ▲ $299.599B ▲
Q1-2025 $657.11B ▲ $3.349T ▲ $3.054T ▲ $295.581B ▲
Q4-2024 $642.918B ▲ $3.262T ▼ $2.966T ▼ $295.559B ▼
Q3-2024 $619.459B $3.324T $3.028T $296.512B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $8.469B ▲ $46.874B ▲ $1.943B ▲ $59.901B ▲ $-19.504B ▼ $46.874B ▲
Q2-2025 $7.116B ▼ $-9.132B ▼ $-56.918B ▲ $55.059B ▼ $-7.568B ▲ $-9.132B ▼
Q1-2025 $7.396B ▲ $-2.184B ▼ $-89.01B ▼ $72.832B ▲ $-16.535B ▼ $-2.184B ▼
Q4-2024 $6.665B ▼ $25.914B ▲ $9.41B ▲ $-36.768B ▼ $-5.475B ▲ $25.914B ▲
Q3-2024 $6.896B $-37.276B $-27.258B $36.779B $-25.043B $-37.276B

Revenue by Products

Product Q1-2024Q3-2024Q4-2024Q2-2025
Consumer Banking Segment
Consumer Banking Segment
 $0 ▲$0 ▲$0 ▲$10.81Bn ▲
Global Banking Segment
Global Banking Segment
 $0 ▲$0 ▲$0 ▲$5.69Bn ▲
Global Markets Segment
Global Markets Segment
 $0 ▲$0 ▲$0 ▲$5.98Bn ▲
Global Wealth and Investment Management Segment
Global Wealth and Investment Management Segment
 $0 ▲$0 ▲$0 ▲$5.94Bn ▲
Investment and Brokerage Services
Investment and Brokerage Services
 $4.19Bn ▲$4.55Bn ▲$0 ▼$0 ▲
Investment And Brokerage Services Brokerage Fees
Investment And Brokerage Services Brokerage Fees
 $920.00M ▲$1.01Bn ▲$0 ▼$0 ▲
Investment Banking Fees
Investment Banking Fees
 $1.57Bn ▲$1.40Bn ▼$0 ▼$0 ▲
Investment Banking Income Underwriting Income
Investment Banking Income Underwriting Income
 $900.00M ▲$740.00M ▼$0 ▼$0 ▲
Investment And Brokerage Services Asset Management Fees
Investment And Brokerage Services Asset Management Fees
 $3.27Bn ▲$3.53Bn ▲$0 ▼$0 ▲
Investment Banking Income Financial Advisory Services
Investment Banking Income Financial Advisory Services
 $370.00M ▲$390.00M ▲$0 ▼$0 ▲
Investment Banking Income Syndication Fees
Investment Banking Income Syndication Fees
 $290.00M ▲$270.00M ▼$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Bank of America’s income profile over the past several years shows a large, growing revenue base and consistent profitability. Earnings have been positive each year, with only modest ups and downs rather than sharp swings. Profit levels recently look more stable than rapidly rising, suggesting a mature, well-established franchise rather than a fast-growth story. For a preferred security like BAC‑PE, this steady earnings cushion is a key support, though results will still move with credit quality and interest-rate cycles.

Balance Sheet

Balance Sheet The balance sheet is very large and has expanded steadily, reflecting Bank of America’s role as a global, systemically important bank. Cash and liquid resources are sizable, even though they move around from year to year as loans and deposits shift. Debt levels have risen, but so has the overall asset base and shareholder equity, so leverage remains in line with what you’d expect for a major diversified bank. The key takeaway is scale and depth: this is a balance sheet built to operate through cycles, but it is also tightly tied to regulatory and economic conditions.

Cash Flow

Cash Flow Reported operating cash flows are quite volatile, swinging between strongly positive and negative years. For a bank, this often reflects changes in loans, deposits, and trading positions rather than the kind of cash strain you might see in an industrial company. Capital spending appears low in the reported figures, since much of the investment is in people, technology, and systems rather than physical assets. Still, the pattern highlights that short-term cash flows can be noisy, and investors in BAC‑PE are ultimately relying more on the bank’s ongoing earnings power and funding access than on smooth year‑to‑year cash flow trends.

Competitive Edge

Competitive Edge Bank of America holds a powerful competitive position built on sheer size, a broad customer base, and a very diversified mix of businesses across consumer banking, wealth management, corporate banking, and markets. Its large deposit base gives it relatively low-cost funding, and its brand and branch network make it deeply embedded in the U.S. financial system. Digital tools and integrated services raise switching costs for customers, helping to lock in relationships. The flip side is exposure to the entire economic cycle, intense competition from other megabanks and fintechs, and continual regulatory scrutiny, all of which can pressure returns at times.

Innovation and R&D

Innovation and R&D The bank has clearly leaned into technology as a core differentiator. Its AI assistant Erica, goal-setting tools like Life Plan, and a unified mobile app show a focus on personalization and convenience, while platforms like CashPro serve more sophisticated business clients. A large and growing patent portfolio, especially in AI and security, underlines a structured approach to innovation rather than one‑off experiments. Management appears to be pushing further into AI, digital payments, and sustainable finance, which could deepen customer engagement and efficiency but also demands ongoing investment and strong cyber and risk controls.

Summary

Overall, Bank of America looks like a mature, systemically important financial institution with a broad earnings base, a very large balance sheet, and an active digital innovation agenda. For a preferred issue such as BAC‑PE, the story rests on the parent company’s ability to generate steady profits across cycles, maintain strong regulatory capital, and preserve its competitive edge in a fast‑evolving financial landscape. Strengths include diversification, scale, brand, and technology leadership; key risks center on credit downturns, interest‑rate shifts, regulatory changes, and the need to continuously invest to stay ahead in digital banking. This is an interpretation of the data, not a view on whether the security is attractive or suitable for any particular investor.