Business Segments Bank of America Corporation

Equities

BAC

US0605051046

Banks

Market Closed - Nyse Other stock markets 04:00:02 2025-01-24 pm EST			5-day change	1st Jan Change
46.52 ^USD	+0.28%		-0.02%	+5.85%

Jan. 24	BofA plans to engage with White House, Congress on debanking - spokesperson	RE
Jan. 24	Wall Street banks set to sell billions of dollars of X loans, WSJ reports	RE

Sales 2023 by Business Segment

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Sales 2023 by Geography

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Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2019	2020	2021	2022	2023
Diversified Commercial Banks
Global Banking	20.07B	14.09B	24.08B	21.59B	25.38B
Total Assets	464B	581B	638B	588B	622B
Income Tax Expense	2.98B	1.28B	3.63B	2.82B	3.79B
EBT	11.05B	4.75B	13.44B	10.62B	14.04B
D&A	-	-	-	-	-
Net Income	8.07B	3.47B	9.81B	7.81B	10.25B
Consumer Banking - Deposits	21.65B	17.07B	17.85B	21.84B	24.94B
Income Tax Expense	2.69B	1.36B	1.52B	2.31B	2.89B
EBT	10.97B	5.56B	6.2B	9.44B	11.58B
Net Income	8.28B	4.2B	4.68B	7.13B	8.68B
Consumer Banking - Consumer Lending	13.16B	10.43B	17.19B	14.82B	11.94B
Income Tax Expense	1.53B	750M	2.34B	1.75B	970M
EBT	6.23B	3.06B	9.55B	7.14B	3.88B
Net Income	4.7B	2.31B	7.21B	5.39B	2.91B
Total Assets	804B	989B	1,131B	1,126B	1,050B
Investment Funds
Global Wealth & Investment Management (GWIM)	19.46B	18.23B	20.99B	21.68B	21.1B
Total Assets	300B	370B	438B	369B	345B
Income Tax Expense	1.38B	998M	1.4B	1.52B	1.32B
EBT	5.63B	4.07B	5.73B	6.19B	5.26B
D&A	-	-	-	-	-
Net Income	4.25B	3.08B	4.33B	4.68B	3.95B
All Other	-1.71B	-3.62B	-5.16B	-5.19B	-8.26B
Total Assets	-	-	214B	155B	346B
Income Tax Expense	-4.06B	-4.64B	-8.07B	-6.02B	-8.35B
EBT	-5.43B	-5.04B	-6.68B	-7.68B	-12.3B
D&A	-	-	-	-	-
Net Income	-	-	1.39B	-1.65B	-3.95B
Securities and Commodities Markets Services
Global Markets	15.62B	18.52B	19.19B	18.11B	19.66B
Total Assets	642B	617B	748B	812B	818B
Income Tax Expense	1.4B	1.84B	1.6B	1.51B	1.77B
EBT	4.9B	7.09B	6.16B	5.69B	6.45B
D&A	-	-	-	-	-
Net Income	3.5B	5.25B	4.56B	4.18B	4.68B
Corporate	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
EBT	-	-	-	-	-
Unallocated Fully Taxable-Equivalent Adjustment	-595M	-499M	-427M	-438M	-567M
Income Tax Expense	-595M	-499M	-427M	-438M	-567M
EBT	-595M	-499M	-427M	-438M	-567M
Total Assets	722B	1,176B	-	-	-
Total Assets	-565B	-978B	-	-	-
Total Assets	-	-	-	-	-
Net Income	-1.58B	-686M	-	-	-
Net Income	202M	279M	-	-	-
Total Assets	68.01B	65.76B	-	-	-
Mortgage Bankers and Loan Correspondents
Legacy Assets & Servicing	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Consumer Real Estate Services - Home Loans	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
D&A	-	-	-	-	-
Foreign Banking and Branches Of Foreign Banks
Consumer & Business Banking - Deposits (Includes Business Banking)	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Consumer & Business Banking - Consumer Lending	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2019	2020	2021	2022	2023
United States	81.24B	75.58B	78.01B	82.89B	85.57B
Total Assets	2,123B	2,490B	2,790B	2,632B	2,768B
Net Income	25.94B	16.69B	27.78B	25.61B	23.66B
EBT	30.7B	18.25B	31.39B	28.14B	24.52B
Europe, Middle East and Africa (EMEA)	5.31B	4.49B	5.42B	6.04B	6.39B
Total Assets	179B	203B	233B	263B	238B
Net Income	672M	264M	3.13B	689M	1.1B
EBT	921M	-596M	1.1B	1.12B	1.54B
Asia	3.49B	4.23B	4.44B	4.6B	4.95B
Total Assets	102B	99.28B	117B	127B	140B
Net Income	570M	788M	733M	865M	1.14B
EBT	765M	1.05B	988M	1.14B	1.51B
Latin America and the Caribbean	1.21B	1.23B	1.24B	1.42B	1.66B
Total Assets	30.02B	27.4B	29.19B	29.3B	34.13B
Net Income	251M	150M	330M	367M	622M
EBT	369M	293M	499M	569M	765M