Operating Expenses

Occupancy and equipment

Bank of America Occupancy and equipment increased by 0.8% to $1.90B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $1.86B to $1.90B. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 1.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

Increasing costs may signal expansion or rising real estate/maintenance expenses, while decreases may indicate efficiency gains or footprint consolidation.

Detailed definition

This includes the costs associated with leasing and maintaining facilities, office space, and operational equipment. It...

Peer comparison

Commonly categorized under 'General and Administrative' or 'Operating Expenses' in peer financial statements.

Metric ID: occupancy_and_equipment

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.76B$1.76B$1.79B$1.76B$1.75B$1.78B$1.79B$1.80B$1.78B$1.80B$1.79B$1.81B$1.82B$1.84B$1.82B$1.86B$1.84B$1.87B$1.88B$1.90B
QoQ Change+0.3%+1.2%-1.4%-0.7%+1.7%+0.5%+0.7%-1.3%+1.1%-0.1%+0.9%+0.4%+1.0%-0.7%+1.8%-1.1%+2.0%+0.6%+0.8%
YoY Change-0.6%+0.7%+0.1%+2.2%+1.6%+1.0%+0.4%+0.7%+2.4%+2.3%+1.7%+2.5%+1.0%+2.0%+3.3%+2.4%
Range$1.75B$1.90B
CAGR+1.6%
Avg YoY Growth+1.5%
Median YoY Growth+1.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Bank of America's occupancy and equipment?
Bank of America (BAC) reported occupancy and equipment of $1.90B in Q1 2026.
How has Bank of America's occupancy and equipment changed year-over-year?
Bank of America's occupancy and equipment increased by 2.4% year-over-year, from $1.86B to $1.90B.
What is the long-term trend for Bank of America's occupancy and equipment?
Over 4 years (2021 to 2025), Bank of America's occupancy and equipment has grown at a 1.1% compound annual growth rate (CAGR), from $7.14B to $7.45B.
What does occupancy and equipment mean?
The total cost of rent, facilities, and equipment maintenance.