Income StatementBalance SheetCash FlowSegments
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Bank of America Business Segments

Business, geographic, and product segment breakdowns

Bank of America generates $115.12B in annual revenue across 4 key segments: Consumer Banking ($17.0B), Global Banking ($11.0B), Global Markets ($8.6B), and Global Wealth & Investment Management ($6.7B). Based on the Q1 2026 filing.

Consumer Banking (TTM)$17.0BGlobal Banking (TTM)$11.0BGlobal Markets (TTM)$8.6BGlobal Wealth & Investment Management (TTM)$6.7B
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$367.60B
P/E Ratio11.58
ROE10.67%

Products & Services

Investment and brokerage services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment And Brokerage Services Asset Management Fees$3.7B$3.7B$3.7B$4.0B$4.2B$4.3B
Investment And Brokerage Services Brokerage Fees$1.0B$1.1B$1.1B$1.1B$1.1B$1.2B

Card income and service charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Service Charges Deposit Related Fees$1.2B$1.2B$1.3B$1.3B$1.3B$1.3B
Card Income Interchange Fees$1.0B$916.0M$1.0B$990.0M$934.0M$865.0M
Card Income Other$593.0M$602.0M$610.0M$639.0M$632.0M$628.0M
Service Charges Lending Related Fees$338.0M$333.0M$350.0M$365.0M$365.0M$368.0M

Interchange fees, gross and merchant income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Card Income, Interchange Fees and Merchant Income$3.5B$3.3B$3.5B$3.4B$3.6B$3.4B

Rewards, rebates and compensation expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Card Income, Interchange Fees and Merchant Income$2.4B$2.4B$2.4B$2.5B$2.6B$2.5B

Loans and leases (includes $3,498 and $4,249 measured at fair value)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Securities Based Lending Loans$48.7B$49.3B$51.2B$52.5B$55.0B$56.2B
Dealer Financial Services Loans$54.9B$54.1B$54.8B$55.1B$55.3B$53.9B

Investment banking fees

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Investment Banking Income Underwriting Income$763.0M$770.0M$806.0M$992.0M$752.0M$951.0M
Investment Banking Income Financial Advisory Services$556.0M$384.0M$333.0M$583.0M$590.0M$553.0M
Investment Banking Income Syndication Fees$335.0M$369.0M$289.0M$438.0M$324.0M$337.0M

Geographic

Income Before Income Taxes

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia$404.0M$481.3M$481.3M$481.3M$481.3M—
EMEA$265.3M$406.0M$406.0M$406.0M$406.0M—
Latin America$211.3M$187.3M$187.3M$187.3M$187.3M—
Non Us$880.5M$1.1B$1.1B$1.1B$1.1B—

Net Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia$294.0M$350.5M$350.5M$350.5M$350.5M—
EMEA$197.0M$287.8M$287.8M$287.8M$287.8M—
Latin America$141.5M$157.3M$157.3M$157.3M$157.3M—
Non Us$632.5M$795.5M$795.5M$795.5M$795.5M—

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia$1.3B$1.5B$1.5B$1.5B$1.5B—
EMEA$1.6B$1.9B$1.9B$1.9B$1.9B—
Latin America$434.8M$461.3M$461.3M$461.3M$461.3M—
Non Us$3.4B$3.9B$3.9B$3.9B$3.9B—

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asia$153.5B———$177.7B—
EMEA$257.7B———$315.0B—
Latin America$33.0B———$48.6B—
Non Us$444.2B———$541.4B—

Business Segments

Fees And Commissions1

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Wealth And Investment Management$4.2B$4.2B$4.1B$4.4B$4.7B$4.8B
Global Banking$2.0B$1.9B$1.9B$2.2B$2.1B$2.2B
Consumer Banking$2.1B$2.0B$2.1B$2.1B$2.1B$2.0B
Global Markets$1.3B$1.4B$1.4B$1.6B$1.4B$1.6B

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$30.1B$30.1B$30.1B$30.1B$30.1B$30.1B
Global Banking$24.0B$24.0B$24.0B$24.0B$24.0B$24.0B
Global Wealth And Investment Management$9.7B$9.7B$9.7B$9.7B$9.7B$9.7B
Global Markets$5.2B$5.2B$5.2B$5.2B$5.2B$5.2B

Income (Loss) From Continuing Operations Before Income Taxes, Extraordinary Items, Noncontrolling Interest, Full Tax Equivalent Basis

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$3.8B$3.4B$4.0B$4.6B$4.4B$4.1B
Global Banking$2.7B$2.7B$2.3B$2.9B$2.8B$2.9B
Global Markets$1.3B$2.7B$2.2B$2.3B$1.4B$2.7B
Global Wealth & Investment Management$1.6B$1.3B$1.3B$1.7B$1.9B$1.8B

Income Tax Expense (Benefit), Full Tax Equivalent Basis

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$940.0M$844.0M$991.0M$1.1B$1.1B$1.0B
Global Banking$753.0M$730.0M$644.0M$806.0M$780.0M$792.0M
Global Markets$384.0M$796.0M$624.0M$673.0M$403.0M$705.0M
Global Wealth And Investment Management$390.0M$336.0M$331.0M$421.0M$469.0M$443.0M

Labor and Related Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Wealth & Investment Management$2.8B$3.0B$3.0B$3.0B$3.1B$3.3B
Consumer Banking$1.3B$1.6B$1.6B$1.5B$1.4B$1.6B
Global Banking$1.2B$1.2B$1.1B$1.1B$1.3B$1.2B
Global Markets$838.0M$1.1B$944.0M$985.0M$943.0M$1.2B

Market making and similar activities

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Markets$2.4B$3.6B$3.3B$3.1B$2.0B$3.7B
Global Banking$63.0M$66.0M$68.0M$73.0M$67.0M$81.0M
Global Wealth And Investment Management$36.0M$34.0M$28.0M$31.0M$34.0M$31.0M
Consumer Banking$5.0M$8.0M$6.0M$5.0M$7.0M$7.0M

Net Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$2.8B$2.5B$3.0B$3.4B$3.3B$3.1B
Global Banking$2.0B$1.9B$1.7B$2.1B$2.1B$2.1B
Global Markets$941.0M$2.0B$1.5B$1.6B$987.0M$2.0B
Global Wealth And Investment Management$1.2B$1.0B$993.0M$1.3B$1.4B$1.3B

Net Interest Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$8.5B$8.5B$8.7B$9.0B$9.1B$9.0B
Global Banking$3.3B$3.2B$3.1B$3.1B$3.2B$3.2B
Global Wealth And Investment Management$1.8B$1.8B$1.8B$1.8B$1.9B$1.9B
Global Markets$1.0B$1.2B$1.3B$1.5B$1.8B$1.9B

Noninterest expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$5.6B$5.8B$5.6B$5.6B$5.7B$5.8B
Global Wealth And Investment Management$4.4B$4.7B$4.6B$4.6B$4.7B$4.9B
Global Markets$3.5B$3.8B$3.8B$3.9B$3.9B$4.4B
Global Banking$3.0B$3.2B$3.1B$3.0B$3.1B$3.2B

Noninterest Income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Markets$3.8B$5.4B$4.7B$4.7B$3.6B$5.2B
Global Wealth And Investment Management$4.2B$4.3B$4.2B$4.5B$4.7B$4.9B
Global Banking$2.6B$2.8B$2.6B$3.1B$3.0B$3.1B
Consumer Banking$2.2B$2.0B$2.1B$2.2B$2.1B$2.1B

Other income (loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Banking$534.0M$882.0M$680.0M$785.0M$816.0M$812.0M
Global Markets$127.0M$363.0M-$8.0M$41.0M$161.0M-$111.0M
Consumer Banking$53.0M-$18.0M-$46.0M$31.0M—$36.0M
Global Wealth And Investment Management$55.0M$22.0M$11.0M$46.0M$46.0M$32.0M

Other Noninterest Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$4.3B$4.3B$3.9B$4.0B$4.3B$4.2B
Global Markets$2.7B$2.8B$2.9B$2.9B$3.0B$3.2B
Global Banking$1.7B$1.9B$2.0B$1.9B$1.9B$2.0B
Global Wealth & Investment Management$1.6B$1.6B$1.6B$1.7B$1.7B$1.7B

Provision for Credit Losses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$1.3B$1.3B$1.3B$1.0B$1.1B$1.1B
Global Banking$190.0M$154.0M$277.0M$269.0M$243.0M$185.0M
Global Markets—$28.0M$22.0M$9.0M$12.0M$27.0M
Global Wealth & Investment Management$3.0M$14.0M$20.0M$4.0M$0.0$2.0M

Revenues, Net Of Interest Expense, Full Tax Equivalent Basis

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Consumer Banking$10.6B$10.5B$10.8B$11.2B$11.2B$11.0B
Global Markets$4.8B$6.6B$6.0B$6.2B$5.3B$7.1B
Global Wealth And Investment Management$6.0B$6.0B$5.9B$6.3B$6.6B$6.7B
Global Banking$5.9B$6.0B$5.7B$6.2B$6.2B$6.3B

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Markets$876.5B$959.5B$1.0T$998.0B$1.0T$1.1T
Consumer Banking$1.0T$1.1T$1.0T$1.0T$1.0T$1.1T
Global Banking$670.5B$687.2B$739.8B$738.3B$734.7B$745.3B
Global Wealth And Investment Management$338.4B$329.8B$320.8B$325.6B$335.5B$336.5B