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Bank of America BAC Professional fees

Professional fees at other companies

JPMorgan ChaseJPM

$3.48B+22.7%

U.S. BancorpUSB

$92M-6.1%

Wells Fargo & CompanyWFC

$1.07B+2.7%

Truist FinancialTFC

$313M-14.0%

Zions BancorporationZION

$20M+53.8%

Citizens Financial GroupCFG

$162M+4.5%

Other financials

Income statement

Revenue$30.3B+7.2%

Net income$8.6B+16.6%

EPS (diluted)$1.11+24.7%

Balance sheet

Cash & equivalents$242.48B-11.4%

Total debt$337.44B+7.7%

Total equity$300.67B+2.3%

Total assets$3.50T+4.4%

Cash flow

Operating cash flow$41.8B+2,013%

Valuation

Market cap$410.75B+16.9%

Enterprise value$505.71B+24.0%

P/E13×+0.4×

P/S3.5×+0.3×

Profitability

Net margin27.3%+1.8pp

Returns & leverage

Return on equity10.7%+1.2pp

Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Bank of America in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The official record: Bank of America’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of America's professional fees?: Bank of America (BAC) reported professional fees of $583M 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 $652M to $583M.
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?: Fees paid to external professionals including lawyers, auditors, management consultants, tax advisors, and other specialized service providers.