Income Before Tax
Pre-Tax Income
Bank of America Pre-Tax Income decreased by 16.3% to $10.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.2%, from $8.12B to $10.40B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 2.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
Metric ID:
income_before_taxHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.04B | $8.95B | $7.82B | $7.88B | $6.89B | $8.30B | $7.90B | $9.09B | $8.03B | $8.10B | $3.12B | $7.26B | $7.56B | $7.32B | $7.11B | $8.12B | $7.69B | $9.46B | $12.44B | $10.40B |
| QoQ Change | — | +11.3% | -12.6% | +0.8% | -12.5% | +20.4% | -4.9% | +15.1% | -11.6% | +0.8% | -61.4% | +132.5% | +4.1% | -3.1% | -2.9% | +14.2% | -5.3% | +23.0% | +31.5% | -16.3% |
| YoY Change | — | — | — | — | -14.3% | -7.3% | +1.0% | +15.4% | +16.6% | -2.5% | -60.4% | -20.1% | -5.9% | -9.5% | +127.5% | +11.8% | +1.7% | +29.1% | +74.9% | +28.2% |
Range$3.12B – $12.44B
CAGR+5.6%
Avg YoY Growth+11.6%
Median YoY Growth+1.4%
Geographic Breakdown
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Non Us | $2.58B | $2.83B | $3.82B | $3.53B | $4.30B |
| Asia | $988.00M | $1.14B | $1.51B | $1.62B | $1.93B |
| EMEA | $1.10B | $1.12B | $1.54B | $1.07B | $1.62B |
| Latin America | $499.00M | $569.00M | $765.00M | $845.00M | $749.00M |
| Total | $33.98B | $30.97B | $28.34B | $29.25B | $37.70B |
All segment values are derived from annual filings.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Bank of America's pre-tax income?
- Bank of America (BAC) reported pre-tax income of $10.40B 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 28.2% year-over-year, from $8.12B to $10.40B.
- 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 2.6% compound annual growth rate (CAGR), from $33.98B to $37.70B.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.