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Bank of America BAC Deferred Tax Assets - Tax Credit Carryforwards

Deferred Tax Assets - Tax Credit Carryforwards at other companies

Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$6.6B+39.8%
Citigroup logo
CitigroupC
Morgan Stanley logo
Morgan StanleyMS

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:DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness.

The official record: Bank of America’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of America's deferred tax assets - tax credit carryforwards?
Bank of America (BAC) reported deferred tax assets - tax credit carryforwards of $3.92B in Q4 2025.
How has Bank of America's deferred tax assets - tax credit carryforwards changed year-over-year?
Bank of America's deferred tax assets - tax credit carryforwards increased by 37.0% year-over-year, from $2.86B to $3.92B.
What is the long-term trend for Bank of America's deferred tax assets - tax credit carryforwards?
Over 5 years (2020 to 2025), Bank of America's deferred tax assets - tax credit carryforwards has grown at a 51.9% compound annual growth rate (CAGR), from $484M to $3.92B.
What does deferred tax assets - tax credit carryforwards mean?
This asset represents the value of tax credits that have been earned but not yet utilized to reduce tax liabilities. These credits can be carried forward to offset future tax obligations, subject to expiration dates and tax regulations.