Bank of America Corp (BAC) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Financials
National Commercial BanksSEC EDGAR

Bank of America Corp (BAC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Bank of America Corp FY2025 10-K Analysis

Business Overview

  • Full-service financial institution across Consumer Banking, GWIM, Global Banking, and Global Markets segments
  • Compensation and benefits expense rose to $42.3B in 2025 vs $40.2B in 2024, representing 61% of total noninterest expense
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Management Discussion & Analysis

  • Revenue $113.1B, up $7.2B (+6.8%) YoY; NII $60.1B (+$4.0B), noninterest income $53.0B (+$3.2B)
  • Efficiency ratio 61.65% vs 63.12%; return on avg tangible common equity 14.22% vs 12.94%; net income $30.5B vs $27.0B
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Risk Factors

  • OCC Consent Order (Dec 2024) against BANA for BSA/anti-money laundering and economic sanctions compliance failures; additional regulators investigating same programs
  • US-China tariff escalation risk: counter-tariffs, FX measures, or large-scale sale of US Treasuries could destabilize financial markets and disrupt world trade
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Bank of America Corp FY2025 Key Financial Metrics
XBRL

Revenue

$113.1B

+11.0% YoY

Net Income

$30.5B

+12.4% YoY

Net Margin

27.0%

+35bp YoY

ROE

10.1%

+88bp YoY

Total Assets

$3.41T

+4.6% YoY

EPS (Diluted)

$3.81

+18.7% YoY

Operating Cash Flow

$12.6B

+243.2% YoY

Source: XBRL data from Bank of America Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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