6.8%$105.9B$113.1B
Revenue Growth Acceleration
Total revenue grew 6.8% year-over-year from $105.9B to $113.1B in FY2025, reflecting broad-based business momentum across the bank's diversified operations.
Source: Source: 10-K Income Statement
AI Takeaway
Bank of America delivered strong FY2025 results with revenue rising 6.8% to $113.1B and net income surging 13.1% to $30.5B, driven by improved profitability and a dramatic swing to positive operating cash flow of $12.6B.
Revenue
$113.1B
++6.84% YoY
EPS (Basic)
$3.86
++19.50% YoY
Filed · Analysis updated · Source: SEC EDGAR 10-K filing
Total revenue grew 6.8% year-over-year from $105.9B to $113.1B in FY2025, reflecting broad-based business momentum across the bank's diversified operations.
Source: Source: 10-K Income Statement
Net income increased 13.1% to $30.5B, with diluted EPS jumping 19.4% to $3.81 from $3.19, outpacing revenue growth and indicating meaningful operating leverage and share count reduction from buybacks.
Source: Source: 10-K Income Statement
Operating cash flow swung dramatically from -$8.8B in the prior year to +$12.6B in FY2025, a 243.2% improvement, signaling a significant normalization in working capital and cash generation capacity.
Source: Source: 10-K Cash Flow Statement
2 more insights available
Upgrade to unlockBank of America's debt-to-equity ratio stands at approximately 10.25x, which is characteristic of large banks but leaves the institution sensitive to interest rate changes and credit market disruptions. Long-term debt increased 12.2% to $317.8B in FY2025, adding to refinancing and interest expense risk. A deterioration in credit conditions could pressure net interest margins and capital adequacy.
Source: Source: 10-K Balance Sheet
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Upgrade to unlockReported EPS of $0.98 versus the $0.97 analyst consensus — a +1.3% beat for FY2025.
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $113.1B | $105.86B | +6.84% |
Net Income | $30.51B | $26.97B | +13.11% |
EPS (Basic) | $3.86 | $3.23 | +19.50% |
EPS (Diluted) | $3.81 | $3.19 | +19.44% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $3.41T | $3.26T | +4.61% |
Total Liabilities | $3.11T | $2.97T | +4.76% |
Stockholders' Equity | $303.24B | $293.96B | +3.16% |
Long-Term Debt | $317.82B | $283.28B | +12.19% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash Flow | $12.61B | $-8.8B | +243.25% |
Investing Cash Flow | $-145.16B | $-90.69B | -60.05% |
Financing Cash Flow | $69.95B | $60.37B | +15.87% |
Share Buybacks | $21.43B | $13.1B | +63.56% |
D&A | $2.31B | $2.19B | +5.71% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Net Margin | 27.0% | — | — |
ROE | 10.1% | — | — |
ROA | 0.9% | — | — |
Debt to Equity | $10.251 | — | — |
Other companies in Diversified Banks
Bank of America had a strong FY2025, with revenue rising 6.8% to $113.1B and net income growing 13.1% to $30.5B. Diluted EPS increased 19.4% to $3.81, supported by both earnings growth and an aggressive $21.4B share buyback program.
The standout highlights from BAC's FY2025 results include a dramatic recovery in operating cash flow from -$8.8B to +$12.6B, a 19.4% jump in diluted EPS to $3.81, and total assets expanding to $3.41T. The bank also significantly accelerated share repurchases, spending $21.4B on buybacks, up 63.6% from the prior year.
Yes, BAC grew revenue by 6.8% year-over-year to $113.1B in FY2025, up from $105.9B in the prior year. Net income growth of 13.1% outpaced revenue growth, indicating improving operational efficiency and profitability.
Key risks for BAC include its high financial leverage with a debt-to-equity ratio of approximately 10.25x and long-term debt of $317.8B, as well as significant sensitivity to interest rate changes that can impact net interest income. The bank also saw investing cash outflows widen sharply to $145.2B, which warrants monitoring for asset quality and returns.
BAC's financial health appears solid, with $3.41T in total assets, $303.2B in stockholders' equity, and a net margin of approximately 27%. ROE stands at about 10.1% and the bank generated $12.6B in operating cash flow, though its leverage ratio of 10.25x debt-to-equity reflects the inherently leveraged nature of large commercial banking.