Operating Expenses

Occupancy and equipment

Bank of America Occupancy and equipment increased by 0.8% to $1.90B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $1.86B to $1.90B. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a 1.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026

How to read this metric

An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.

Detailed definition

This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...

Peer comparison

Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.

Metric ID: occupancy_and_equipment

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.76B$1.76B$1.79B$1.76B$1.75B$1.78B$1.79B$1.80B$1.78B$1.80B$1.79B$1.81B$1.82B$1.84B$1.82B$1.86B$1.84B$1.87B$1.88B$1.90B
QoQ Change+0.3%+1.2%-1.4%-0.7%+1.7%+0.5%+0.7%-1.3%+1.1%-0.1%+0.9%+0.4%+1.0%-0.7%+1.8%-1.1%+2.0%+0.6%+0.8%
YoY Change-0.6%+0.7%+0.1%+2.2%+1.6%+1.0%+0.4%+0.7%+2.4%+2.3%+1.7%+2.5%+1.0%+2.0%+3.3%+2.4%
Range$1.75B$1.90B
CAGR+1.6%
Avg YoY Growth+1.5%
Median YoY Growth+1.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Bank of America's occupancy and equipment?
Bank of America (BAC) reported occupancy and equipment of $1.90B in Q1 2026.
How has Bank of America's occupancy and equipment changed year-over-year?
Bank of America's occupancy and equipment increased by 2.4% year-over-year, from $1.86B to $1.90B.
What is the long-term trend for Bank of America's occupancy and equipment?
Over 4 years (2021 to 2025), Bank of America's occupancy and equipment has grown at a 1.1% compound annual growth rate (CAGR), from $7.14B to $7.45B.
What does occupancy and equipment mean?
The total cost of renting, maintaining, and equipping physical office and branch locations.