Bank of America Corporation (BAC) reported net income of $26.97B for fiscal year 2024, up 2.5% from $26.30B in fiscal 2023. The figure comes from the company's audited annual report as filed with the SEC.
FY 2024 net income$26.97B
vs FY 2023+2.5%
FY 2023$26.30B
FY 2025$30.51B
Quarterly breakdown
Quarter
Period end
net income
Q1
2024-03-31
$6.67B
Q2
2024-06-30
$6.90B
Q3
2024-09-30
$6.90B
Calendar quarters as standardized by SEC XBRL frames; the company's fiscal calendar may offset from calendar quarters.
BAC net income around FY 2024
Frequently asked questions
What was Bank of America Corporation's net income in 2024?
Bank of America Corporation (BAC) reported net income of $26.97B for fiscal year 2024, up 2.5% from $26.30B in fiscal 2023. The figure comes from the company's audited annual report as filed with the SEC.
How did Bank of America Corporation's net income change after 2024?
In the following fiscal year (2025), Bank of America Corporation reported net income of $30.51B, an increase from the $26.97B reported in fiscal 2024.
