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Bank of America BAC Compensation and benefits

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Segments

By segment

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Global Wealth & Investment Management$3.26B+7.6%
Consumer Banking$1.59B+1.1%
Global Banking$1.21B-2.3%
Global Markets$1.16B+10.1%

Other financials

Income statement

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Revenue$30.3B+7.2%
Net income$8.6B+16.6%
EPS (diluted)$1.11+24.7%

Balance sheet

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Cash & equivalents$242.48B-11.4%
Total debt$337.44B+7.7%
Total equity$300.67B+2.3%
Total assets$3.50T+4.4%

Cash flow

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Operating cash flow$41.8B+2,013%

Valuation

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Market cap$412.95B+20.5%
Enterprise value$507.91B+32.8%
P/E13×+0.6×
P/S3.6×+0.4×

Profitability

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Net margin27.3%+1.8pp

Returns & leverage

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Return on equity10.7%+1.2pp
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:LaborAndRelatedExpense.

The official record: Bank of America’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of America's compensation and benefits?
Bank of America (BAC) reported compensation and benefits of $11.33B in Q1 2026.
How has Bank of America's compensation and benefits changed year-over-year?
Bank of America's compensation and benefits increased by 4.1% year-over-year, from $10.89B to $11.33B.
What is the long-term trend for Bank of America's compensation and benefits?
Over 4 years (2021 to 2025), Bank of America's compensation and benefits has grown at a 4.0% compound annual growth rate (CAGR), from $36.14B to $42.35B.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.