Market capitalisation
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Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·BAC
Preparing the analysis
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NYSE·BAC
Bank of America Corporation
Share price$49.42Price as of: Nov 6, 2026
Bank of America Corporation (BAC) is a company listed on NYSE, classified under Banks - Diversified.
Bank of America is a diversified bank with global operations, offering a full range of financial services.
Net revenue · FY 2025
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Sales generated during the period, before costs and expenses.
Net margin · FY 2025
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Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,39 come from Consumer Banking Segment.
Consumer Banking Segment is its largest source of revenue (38.6%), followed by Global Wealth and Investment Management Segment (22.0%). Here you will see what it sells, where, and how that mix is changing.
$113bnnet revenue in FY 2025
4business lines with data
86%of sales, in UNITED STATES
Full fiscal year ended Dec 31, 2025
After that close
Q3 2026, ended Sep 30, 2026: total revenue +6.7% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
One line weighs far more than the rest.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
Segments add up to $3.7bn more than total revenue (consolidation adjustments). Weights use the published total.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
UNITED STATES is its largest market, with 86.4% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
Segments add up to $15bn more than total revenue (consolidation adjustments). Weights use the published total.
04How the mix is changing
The mix barely changes.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
While the US is still essential (86.4% of sales), its dominance in growth is lower: it made up only 34.6% of the total revenue increase.
That high EMEA and Asia growth could shift regional weight soon: their actual share of the increase remains small, and the overall base is still in the US.
02
Net margin increased from 25.6% to 27.0% in FY 2025; so broader revenue and international spread did not dilute overall profitability.
That the margin or profitability of each region or line is known: segment margin is unpublished, and global improvement could stem from just one area.
Our take
US concentration remains, despite faster foreign growth
The US still provides the vast bulk of business, even as recent growth is relatively higher in non-US regions, especially EMEA (+16.3%) and Asia (+15.8%). But their real share of revenue barely changes: concentration risk persists, though this could shift if such growth rates continue over many years.
- 01Shown by the figures
Margin improved as revenue and geography expanded
Net margin grew along with revenue and wider geographic spread; profitability was not eroded by more foreign exposure or by the overall growth. The quality of profit by segment remains unknown.
What is not proven
Which segment or region really contributes most to incremental profit? Without this, it's unclear what the business truly depends on for future earnings.
See the calculations behind it
- United States brings 86.4% of sales (83.6% in FY 2024). The fastest-growing region is EMEA: +16.3% against +6.8% overall.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
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