Professional fees
Bank of America Professional fees decreased by 14.5% to $583.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.6%, from $652.00M to $583.00M. Over 4 years (FY 2021 to FY 2025), Professional fees shows an upward trend with a 9.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase often signals heightened regulatory scrutiny, major transformation projects, or legal challenges, whereas a decrease suggests stable operations.
Detailed definition
This metric includes payments made to third-party legal, accounting, consulting, and advisory firms for specialized serv...
Peer comparison
Standard line item across all public companies; high levels relative to peers can indicate complex litigation or aggressive restructuring.
professional_feesHistorical 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 | $426.00M | $434.00M | $512.00M | $450.00M | $518.00M | $525.00M | $649.00M | $537.00M | $527.00M | $545.00M | $550.00M | $548.00M | $654.00M | $723.00M | $744.00M | $652.00M | $640.00M | $606.00M | $682.00M | $583.00M |
| QoQ Change | — | +1.9% | +18.0% | -12.1% | +15.1% | +1.4% | +23.6% | -17.3% | -1.9% | +3.4% | +0.9% | -0.4% | +19.3% | +10.6% | +2.9% | -12.4% | -1.8% | -5.3% | +12.5% | -14.5% |
| YoY Change | — | — | — | — | +21.6% | +21.0% | +26.8% | +19.3% | +1.7% | +3.8% | -15.3% | +2.0% | +24.1% | +32.7% | +35.3% | +19.0% | -2.1% | -16.2% | -8.3% | -10.6% |
Professional fees at Other Companies
Frequently Asked Questions
- What is Bank of America's professional fees?
- Bank of America (BAC) reported professional fees of $583.00M in Q1 2026.
- How has Bank of America's professional fees changed year-over-year?
- Bank of America's professional fees decreased by 10.6% year-over-year, from $652.00M to $583.00M.
- What is the long-term trend for Bank of America's professional fees?
- Over 4 years (2021 to 2025), Bank of America's professional fees has grown at a 9.8% compound annual growth rate (CAGR), from $1.78B to $2.58B.
- What does professional fees mean?
- The total expenditure on external legal, consulting, and professional advisory services.