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Cumulative funding valuation adjustment

Bank of America Cumulative funding valuation adjustment decreased by 10.3% to $104M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.4%, from $81M to $104M. Over 5 years (FY 2020 to FY 2025), Cumulative funding valuation adjustment shows a downward trend with a -8.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 1, 2026

How to read this metric

Higher FVA indicates increased costs associated with funding derivative positions, potentially impacting profitability.

Detailed definition

The Funding Valuation Adjustment (FVA) represents the market-based cost of funding uncollateralized or partially collate...

Peer comparison

Standard valuation adjustment used by major banks to reflect funding costs in derivative pricing.

Metric ID: other_derivative_funding_risk_valuation_adjustment_deriv_f7b312

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$162M$143M$179M$144M$99M$32M$54M$97M$71M$50M$87M$73M$102M$114M$66M$81M$112M$95M$116M$104M
QoQ Change-11.7%+25.2%-19.6%-31.3%-67.7%+68.8%+79.6%-26.8%-29.6%+74.0%-16.1%+39.7%+11.8%-42.1%+22.7%+38.3%-15.2%+22.1%-10.3%
YoY Change-38.9%-77.6%-69.8%-32.6%-28.3%+56.3%+61.1%-24.7%+43.7%+128.0%-24.1%+11.0%+9.8%-16.7%+75.8%+28.4%
Range$32M$179M
CAGR-8.9%
Avg YoY Growth+6.3%
Median YoY Growth-3.4%

Frequently Asked Questions

What is Bank of America's cumulative funding valuation adjustment?
Bank of America (BAC) reported cumulative funding valuation adjustment of $104M in Q1 2026.
How has Bank of America's cumulative funding valuation adjustment changed year-over-year?
Bank of America's cumulative funding valuation adjustment increased by 28.4% year-over-year, from $81M to $104M.
What is the long-term trend for Bank of America's cumulative funding valuation adjustment?
Over 5 years (2020 to 2025), Bank of America's cumulative funding valuation adjustment has grown at a -8.1% compound annual growth rate (CAGR), from $177M to $116M.
What does cumulative funding valuation adjustment mean?
The adjustment to derivative values to reflect the cost of funding those positions.