Net Income
Net Income
Bank of America Net Income increased by 13.5% to $8.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.6%, from $7.36B to $8.58B. Over 4 years (FY 2021 to FY 2025), Net Income shows relatively stable performance with a -1.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Higher values indicate greater profitability and financial health, directly impacting shareholder value.
Detailed definition
The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...
Peer comparison
The most common metric for evaluating company performance against industry competitors.
Metric ID:
net_incomeHistorical 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 | $9.22B | $7.69B | $7.01B | $7.07B | $6.25B | $7.08B | $7.13B | $8.16B | $7.41B | $7.80B | $2.93B | $6.67B | $6.90B | $6.90B | $6.51B | $7.36B | $7.12B | $8.47B | $7.56B | $8.58B |
| QoQ Change | — | -16.6% | -8.8% | +0.8% | -11.6% | +13.4% | +0.7% | +14.4% | -9.2% | +5.3% | -62.4% | +127.5% | +3.3% | -0.0% | -5.7% | +13.1% | -3.3% | +19.0% | -10.7% | +13.5% |
| YoY Change | — | — | — | — | -32.3% | -7.9% | +1.7% | +15.5% | +18.6% | +10.2% | -58.9% | -18.2% | -6.9% | -11.6% | +121.7% | +10.3% | +3.2% | +22.8% | +16.3% | +16.6% |
Range$2.93B – $9.22B
CAGR-1.5%
Avg YoY Growth+6.3%
Median YoY Growth+6.7%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Consumer Banking | $2.60B | $2.69B | $2.82B | $2.53B | $2.97B | $3.44B | $3.30B | $3.06B |
| Global Banking | $2.12B | $1.90B | $2.14B | $1.91B | $1.70B | $2.13B | $2.06B | $2.09B |
| Global Markets | $1.41B | $1.55B | $941.00M | $1.95B | $1.53B | $1.65B | $987.00M | $2.01B |
| Global Wealth And Investment Management | $1.03B | $1.06B | $1.17B | $1.01B | $993.00M | $1.27B | $1.41B | $1.33B |
| Total | $6.90B | $6.90B | $6.51B | $7.36B | $7.12B | $8.47B | $7.56B | $8.58B |
Geographic Breakdown
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Non Us | $4.20B | $1.92B | $2.86B | $2.54B | $3.18B |
| Asia | $733.00M | $865.00M | $1.14B | $1.18B | $1.40B |
| EMEA | $3.13B | $689.00M | $1.10B | $796.00M | $1.15B |
| Latin America | $330.00M | $367.00M | $622.00M | $566.00M | $629.00M |
| Total | $31.98B | $27.53B | $26.31B | $26.97B | $30.51B |
All segment values are derived from annual filings.
Net Income at Other Companies
Frequently Asked Questions
- What is Bank of America's net income?
- Bank of America (BAC) reported net income of $8.58B in Q1 2026.
- How has Bank of America's net income changed year-over-year?
- Bank of America's net income increased by 16.6% year-over-year, from $7.36B to $8.58B.
- What is the long-term trend for Bank of America's net income?
- Over 4 years (2021 to 2025), Bank of America's net income has grown at a -1.2% compound annual growth rate (CAGR), from $31.98B to $30.51B.
- What does net income mean?
- The total profit remaining after all costs, expenses, and taxes have been paid.