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How Bank of America (BAC) makes money

Bank of America (BAC) made $30.0B of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 23¢ was left as net earnings.

Drawing the Sankey…

Bank of America revenue by quarterBank of America revenue by quarter$29.0BQ3 2025$28.4BQ4 2025$30.3BQ1 2026$31.6BQ2 2026$30.0BQ3 2026
Bank of America: where each dollar of revenue goesBank of America: where each dollar of revenue goesOperating profit30¢Income tax7¢Net earnings23¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$30.0B100.0%
Operating profit$9.0B29.9%
Income tax$2.0B6.8%
Net earnings$6.9B23.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$30.0B+3%
Q2 2026$31.6B+15%
Q1 2026$30.3B+7%
Q4 2025$28.4B-3%
Q3 2025$29.0B+15%

From Bank of America's 10-Q filed Oct 30, 2026 (on EDGAR).

Questions

How does Bank of America make money?

Bank of America (BAC) made $30.0B of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 23¢ was left as net earnings.

What is Bank of America's profit margin?

Net earnings were $6.9B, 23.1% of revenue, in the third quarter 2026; the operating margin was 29.9%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.