Bank of America BAC Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenues, Net Of Interest Expense, Full Tax Equivalent Basis by Business | |||||
| Consumer Banking | $43.67B+5.4% | $41.44B-1.4% | $42.03B+8.8% | $38.64B+13.6% | |
| Global Banking | $24.12B+1.6% | $23.75B-3.3% | $24.56B+10.5% | $22.23B+6.5% | |
| Global Markets | $24.1B+10.5% | $21.81B+11.7% | $19.53B+7.7% | $18.14B-5.8% | |
| Global Wealth And Investment Management | $24.88B+8.5% | $22.93B+8.6% | $21.11B-3.0% | $21.75B+4.8% | |
| Net Income by Business | |||||
| Consumer Banking | $12.25B+13.8% | $10.76B-7.2% | $11.59B-7.4% | $12.52B+5.3% | |
| Global Banking | $7.8B-2.3% | $7.98B-20.7% | $10.07B+29.0% | $7.81B-20.5% | |
| Global Markets | $6.11B+8.7% | $5.62B+20.1% | $4.68B+12.0% | $4.18B-8.2% | |
| Global Wealth And Investment Management | $4.67B+9.5% | $4.26B+8.0% | $3.95B-15.6% | $4.68B+8.0% | |
| Other income (loss) by Business | |||||
| Global Banking | $3.16B+14.1% | $2.77B-10.9% | $3.11B+14.5% | $2.72B-2.1% | |
| Global Markets | $557M+28.0% | $435M+177% | $157M+128% | -$569M-287% | |
| Global Wealth And Investment Management | $125M-35.9% | $195M-37.9% | $314M+9.4% | $287M+55.1% | |
| Income (Loss) From Continuing Operations Before Income Taxes, Extraordinary Items, Noncontrolling Interest, Full Tax Equivalent Basis by Business | |||||
| Consumer Banking | $16.33B+13.8% | $14.35B-7.2% | $15.46B-6.8% | $16.58B+5.3% | |
| Global Banking | $10.76B-2.3% | $11.01B-20.2% | $13.8B+29.9% | $10.62B— | |
| Global Markets | $8.61B+8.7% | $7.92B+22.6% | $6.46B+13.5% | $5.69B-7.6% | |
| Global Wealth & Investment Management | $6.23B+9.6% | $5.68B+8.0% | $5.26B-15.0% | $6.19B— | |
| Noninterest Income by Business | |||||
| Consumer Banking | $8.36B+0.1% | $8.36B+0.2% | $8.34B-2.9% | $8.59B-5.4% | |
| Global Banking | $11.51B+9.5% | $10.51B+6.1% | $9.91B-1.3% | $10.05B-18.8% | |
| Global Markets | $18.41B-0.2% | $18.44B+3.3% | $17.86B+18.6% | $15.05B-1.3% | |
| Global Wealth And Investment Management | $17.69B+10.8% | $15.96B+14.3% | $13.96B-2.3% | $14.28B-5.3% | |
| Net Interest Income by Business | |||||
| Consumer Banking | $35.31B+6.7% | $33.08B-1.8% | $33.69B+12.1% | $30.05B+20.5% | |
| Global Banking | $12.61B-4.7% | $13.24B-9.6% | $14.65B+20.2% | $12.18B+43.2% | |
| Global Markets | $5.69B+68.6% | $3.38B+101% | $1.68B-45.7% | $3.09B-23.0% | |
| Global Wealth And Investment Management | $7.2B+3.3% | $6.97B-2.5% | $7.15B-4.3% | $7.47B+31.8% | |
| Income Tax Expense (Benefit), Full Tax Equivalent Basis by Business | |||||
| Consumer Banking | $4.08B+13.8% | $3.59B-7.2% | $3.86B-4.9% | $4.06B+5.3% | |
| Global Banking | $2.96B-2.2% | $3.03B-18.7% | $3.73B+32.3% | $2.82B-22.5% | |
| Global Markets | $2.5B+8.7% | $2.3B+29.3% | $1.78B+17.8% | $1.51B-5.8% | |
| Global Wealth And Investment Management | $1.56B+9.6% | $1.42B+8.0% | $1.32B-13.2% | $1.52B+8.0% | |
| Total Assets by Business | |||||
| Consumer Banking | $4.16T+0.2% | $4.16T-3.8% | $4.32T-6.0% | $4.6T+6.1% | |
| Global Banking | $2.9T+13.1% | $2.56T+7.4% | $2.39T+0.4% | $2.38T-3.5% | |
| Global Markets | $4.01T+10.6% | $3.62T+6.7% | $3.4T+0.5% | $3.38T+11.0% | |
| Global Wealth And Investment Management | $1.31T-1.8% | $1.34T-2.3% | $1.37T-12.8% | $1.57T-1.4% | |
| Noninterest expense by Business | |||||
| Consumer Banking | $22.7B+2.7% | $22.1B+3.2% | $21.42B+6.7% | $20.08B+4.1% | |
| Global Banking | $12.42B+4.7% | $11.85B+4.5% | $11.34B+3.4% | $10.97B+3.1% | |
| Global Markets | $15.42B+10.7% | $13.93B+5.5% | $13.21B+6.3% | $12.42B+75.2% | |
| Global Wealth And Investment Management | $18.62B+8.0% | $17.24B+8.9% | $15.84B+2.2% | $15.49B+1.5% | |
| Other Noninterest Expense by Business | |||||
| Consumer Banking | $16.56B+3.3% | $16.03B+3.9% | $15.43B+11.4% | $13.86B— | |
| Global Banking | $7.7B+5.0% | $7.33B+4.8% | $7B+1.8% | $6.87B— | |
| Global Markets | $11.49B+10.8% | $10.37B+6.1% | $9.78B+6.1% | $9.21B— | |
| Global Wealth & Investment Management | $6.56B+7.3% | $6.11B+7.0% | $5.72B+2.7% | $5.57B— | |
| Goodwill by Business | |||||
| Consumer Banking | $120.55B0.0% | $120.55B0.0% | $120.55B0.0% | $120.55B0.0% | |
| Global Banking | $96.1B0.0% | $96.1B0.0% | $96.1B0.0% | $96.1B+0.1% | |
| Global Markets | $20.72B0.0% | $20.72B0.0% | $20.73B0.0% | $20.73B0.0% | |
| Global Wealth And Investment Management | $38.71B0.0% | $38.71B0.0% | $38.71B0.0% | $38.71B0.0% | |
| Labor and Related Expense by Business | |||||
| Consumer Banking | $6.14B+1.1% | $6.07B+1.5% | $5.98B-3.8% | $6.22B— | |
| Global Banking | $4.72B+4.4% | $4.52B+4.1% | $4.35B+6.2% | $4.09B— | |
| Global Markets | $3.92B+10.5% | $3.55B+3.6% | $3.43B+6.9% | $3.21B— | |
| Global Wealth & Investment Management | $12.06B+8.4% | $11.13B+10.0% | $10.12B+2.0% | $9.92B— | |
| Market making and similar activities by Business | |||||
| Consumer Banking | $26M+23.8% | $21M+5.0% | $20M+100% | $10M+900% | |
| Global Banking | $274M-0.4% | $275M+44.7% | $190M-11.6% | $215M+48.3% | |
| Global Markets | $12.06B-5.6% | $12.78B-4.9% | $13.43B+17.7% | $11.41B+30.2% | |
| Global Wealth And Investment Management | $127M-11.2% | $143M+4.4% | $137M+34.3% | $102M+155% | |
| Fees And Commissions1 by Business | |||||
| Consumer Banking | $8.34B+1.8% | $8.2B+3.9% | $7.89B-3.5% | $8.18B-9.4% | |
| Global Banking | $8.08B+8.2% | $7.47B+13.0% | $6.61B-7.1% | $7.11B-24.7% | |
| Global Markets | $5.79B+10.8% | $5.22B+22.4% | $4.27B+1.3% | $4.21B-31.8% | |
| Global Wealth And Investment Management | $17.43B+11.6% | $15.62B+15.7% | $13.51B-2.8% | $13.89B-6.5% | |
| Provision for Credit Losses by Business | |||||
| Consumer Banking | $4.65B-6.8% | $4.99B-3.3% | $5.16B+161% | $1.98B+286% | |
| Global Banking | $943M+6.8% | $883M+251% | -$586M-191% | $641M+120% | |
| Global Markets | $71M— | —— | -$131M-568% | $28M-56.9% | |
| Global Wealth & Investment Management | $38M+850% | $4M— | —— | $66M+127% | |
| Card income and service charges by Product | |||||
| Service Charges Deposit Related Fees | $5.04B+7.1% | $4.71B+7.4% | $4.38B-15.6% | $5.19B-17.2% | |
| Card Income Interchange Fees | $3.88B-3.4% | $4.01B+0.8% | $3.98B-2.8% | $4.1B-10.2% | |
| Service Charges Lending Related Fees | $1.41B+4.9% | $1.35B+3.5% | $1.3B+7.2% | $1.22B-1.5% | |
| Card Income Other | $2.48B+9.3% | $2.27B+9.7% | $2.07B+4.2% | $1.99B+19.8% | |
| Investment banking fees by Product | |||||
| Investment Banking Income Financial Advisory Services | $1.89B+11.8% | $1.69B+7.3% | $1.58B-11.7% | $1.78B-22.8% | |
| Investment Banking Income Syndication Fees | $1.42B+16.3% | $1.22B+36.0% | $898M-16.1% | $1.07B-28.6% | |
| Investment Banking Income Underwriting Income | $3.32B+1.4% | $3.28B+46.5% | $2.24B+13.5% | $1.97B-61.2% | |
| Investment and brokerage services by Product | |||||
| Investment And Brokerage Services Asset Management Fees | $15.6B+12.4% | $13.88B+15.6% | $12B-1.2% | $12.15B-4.5% | |
| Investment And Brokerage Services Brokerage Fees | $4.36B+11.9% | $3.89B+9.3% | $3.56B-5.0% | $3.75B-5.4% | |
| Loans and leases (includes $3,498 and $4,249 measured at fair value) by Product | |||||
| Dealer Financial Services Loans | $219.3B+0.8% | $217.5B+1.7% | $213.9B— | —— | |
| Securities Based Lending Loans | $208B+10.6% | $188B+0.1% | $187.9B— | —— | |
| Revenue by Geography | |||||
| Asia | $6B+15.8% | $5.18B+4.7% | $4.95B+7.7% | $4.6B+3.6% | |
| EMEA | $7.56B+16.3% | $6.5B+1.7% | $6.39B+5.8% | $6.04B+11.5% | |
| Latin America | $1.85B+6.1% | $1.74B+4.4% | $1.67B+17.3% | $1.42B+14.5% | |
| Non Us | $15.41B+14.8% | $13.42B+3.2% | $13.01B+7.9% | $12.06B+8.6% | |
| Net Income by Geography | |||||
| Asia | $1.4B+19.2% | $1.18B+3.2% | $1.14B+31.7% | $865M+18.0% | |
| EMEA | $1.15B+46.1% | $788M-27.7% | $1.09B+58.2% | $689M-78.0% | |
| Latin America | $629M+11.1% | $566M-9.0% | $622M+69.5% | $367M+11.2% | |
| Non Us | $3.18B+25.8% | $2.53B-11.3% | $2.85B+48.4% | $1.92B-54.2% | |
| Income Before Income Taxes by Geography | |||||
| Asia | $1.93B+19.1% | $1.62B+6.9% | $1.51B+32.2% | $1.14B+15.8% | |
| EMEA | $1.62B+53.1% | $1.06B-30.7% | $1.53B+36.7% | $1.12B+2.2% | |
| Latin America | $749M-11.4% | $845M+10.5% | $765M+34.4% | $569M+14.0% | |
| Non Us | $4.3B+22.0% | $3.52B-7.5% | $3.81B+34.4% | $2.83B+9.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Bank of America break its business down?
- Bank of America (BAC) reports revenues, net of interest expense, full tax equivalent basis by business across 4 parts — Consumer Banking, Global Banking, Global Markets and Global Wealth And Investment Management. Each is extracted from the segment footnotes and tracked over time.
- Where does Bank of America's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Bank of America's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
