Net Income
Bank of America Net Income increased by 14.0% to $8.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.1%, from $7.40B 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
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
net_income_cfHistorical Data
| 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 | $3.14B | $6.67B | $6.90B | $6.90B | $6.67B | $7.40B | $7.12B | $8.47B | $7.53B | $8.58B |
| QoQ Change | — | -16.6% | -8.8% | +0.8% | -11.6% | +13.4% | +0.7% | +14.4% | -9.2% | +5.3% | -59.7% | +112.3% | +3.3% | -0.0% | -3.3% | +11.0% | -3.8% | +19.0% | -11.1% | +14.0% |
| YoY Change | — | — | — | — | -32.3% | -7.9% | +1.7% | +15.5% | +18.6% | +10.2% | -55.9% | -18.2% | -6.9% | -11.6% | +112.0% | +10.8% | +3.2% | +22.8% | +12.9% | +16.1% |
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 | $6.67B | $7.40B | $7.12B | $8.47B | $7.53B | $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 | $26.52B | $27.13B | $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 16.1% year-over-year, from $7.40B 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 company's total profit after all expenses and taxes have been paid.