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Bank of America BAC Card income — Card income and service charges

Other product segments

Deposit-related fees
$1.31B+6.4%
Interchange fees
$865M-5.6%
Other card income
$628M+4.3%
Lending-related fees
$368M+10.5%

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EQBKMortgage Banking — Fees And Commissions Mortgage Banking And Servicing
$589K+178%

Other financials

Income statement

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Revenue$31.6B+19.3%
Net income$9.1B+27.5%
EPS (diluted)$1.21+36.0%

Balance sheet

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Cash & equivalents$229.75B-13.6%
Total debt$339.86B+5.4%
Total equity$301.09B+0.5%
Total assets$3.50T+1.7%

Cash flow

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Operating cash flow$41.8B+2,013%

Valuation

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Market cap$440.54B+30.9%
Enterprise value$550.66B+40.2%
P/E13.1×+1.0×
P/S3.6×+0.6×

Profitability

See full
Net margin27.8%+2.3pp

Returns & leverage

See full
Return on equity11.2%+1.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Bank of America in its filing.

Tagged under the XBRL concept us-gaap:FeesAndCommissionsMortgageBankingAndServicing.

The source filing: Bank of America’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:39 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000070858-26-000249
(Dollars in millions)20262025
Card income
Interchange fees (2)$865$916
Other card income628602
Total card income1,4931,518
Service charges
Deposit-related fees1,3061,228
Lending-related fees368333
Total service charges1,6741,561

Item 1. Financial Statements

FAQ

What is Bank of America's card income — card income and service charges?
Bank of America (BAC) reported card income — card income and service charges of $1.49B in Q1 2026.
How has Bank of America's card income — card income and service charges changed year-over-year?
Bank of America's card income — card income and service charges decreased by 1.6% year-over-year, from $1.52B to $1.49B.
What is the long-term trend for Bank of America's card income — card income and service charges?
Over 4 years (2021 to 2025), Bank of America's card income — card income and service charges has grown at a 0.6% compound annual growth rate (CAGR), from $6.22B to $6.36B.
What does card income — card income and service charges mean?
This metric represents the revenue generated from credit and debit card-related service fees, including interchange fees, late payment charges, and other account maintenance fees. It reflects the transactional activity and service utilization of the bank's cardholder base. This income stream is a key component of non-interest revenue within the consumer banking segment.

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