Bank of America
Banking & financial services · United States
Bank of America is one of the largest U.S. banks: it serves about 69 million consumer and small-business clients, manages wealth for individuals, and lends to and trades with companies and governments worldwide.
Q3 2026 results · 14 Oct 2026
More than half of its $30.0B revenue was interest income.
$30.0BRevenue+3% vs Q3 2025
$16.4Bnet interest earned, up 8%
$6.9Bprofit, after a $1.2B regulatory charge
$266Bspent on its cards, up 8%
What makes it different
Its wealth arm holds more than a bank’s worth of client money.
$4.75TWealth client balancesFY2025
Merrill and the Private Bank earn fees on trillions of client balances beside lending and deposit-taking.
How big it is
How big is Bank of America?
$113.1BRevenueFY2025
$3.41TTotal assets2025
213,000Employees2025
How it makes money FY2025
Consumers and Wall Street each bring about a quarter.
- Consumer Banking37%$43.7B
- Global Wealth & Investment Management21%$24.9B
- Global Banking21%$24.1B
- Global Markets21%$24.1B
How the business works
Gather deposits. Lend. Manage wealth.
- 1Deposits from households
- 2Loans and cards
- 3Merrill client wealth
The same clients bring deposits, borrowing and investments, so one relationship feeds several revenue lines.
Who owns it
- The Vanguard Group9.1%
- Berkshire Hathaway Inc. / Warren E. Buffett7.9%
- BlackRock, Inc.6.9%
CEO: Brian T. Moynihan
Who it competes with
Key moments
- 1784The Massachusetts Bank is founded
- 1904Bank of Italy opens in San Francisco
- 1930Bank of Italy becomes Bank of America
- 1958BankAmericard is introduced
- 1969First ATM launched
Sources
Every number on this page comes from Bank of America's own reports.
Full profile
The rest of the story is in the app.
What Bank of America tracks25 metrics
Active mobile banking users
Retail financial centers
Active digital banking users
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
United States
Europe, Middle East and Africa
Asia
The full timeline18 moments
1955
1994
2025
Bank of America vs JPMorgan Chaseside by side
Revenue
Profit
People
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