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Bank of America BAC Pre-Tax Income

Pre-Tax Income at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$20.48B+11.3%
U.S. Bancorp logo
U.S. BancorpUSB
$2.42B+12.0%
First Horizon logo
First HorizonFHN
$342M+20.0%
Cullen/Frost Bankers logo
Cullen/Frost BankersCFR
$202.41M+13.0%
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$5.98B+12.3%
Truist Financial logo
Truist FinancialTFC
$1.69B+10.1%

Segments

By geography

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Non Us$4.3B+22.0%
Asia$1.93B+19.1%
EMEA$1.62B+53.1%
Latin America$749M-11.4%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Bank of America (BAC) reported pre-tax income of $10.4B in Q1 2026.
How has Bank of America's pre-tax income changed year-over-year?
Bank of America's pre-tax income increased by 15.6% year-over-year, from $9B to $10.4B.
What is the long-term trend for Bank of America's pre-tax income?
Over 4 years (2021 to 2025), Bank of America's pre-tax income has grown at a 3.2% compound annual growth rate (CAGR), from $33.98B to $38.58B.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.