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Bank Of America (BAC-PB) Service Charges (2016 - 2026)

Bank Of America (BAC-PB) has disclosed Service Charges for 18 consecutive years, with $10.5 billion as the latest value for Q1 2026.

  • For Q1 2026, Service Charges rose 12.04% year-over-year to $10.5 billion; the TTM value through Mar 2026 reached $40.5 billion, up 9.42%, while the annual FY2025 figure was $39.4 billion, 8.57% up from the prior year.
  • Service Charges hit $10.5 billion in Q1 2026 for Bank Of America, up from $10.2 billion in the prior quarter.
  • Across five years, Service Charges topped out at $10.5 billion in Q1 2026 and bottomed at $7.7 billion in Q4 2022.
  • Average Service Charges over 5 years is $8.9 billion, with a median of $9.0 billion recorded in 2024.
  • Year-over-year, Service Charges dropped 23.74% in 2022 and then rose 19.0% in 2024.
  • Bank Of America's Service Charges stood at $7.7 billion in 2022, then grew by 3.67% to $8.0 billion in 2023, then rose by 19.0% to $9.5 billion in 2024, then grew by 6.69% to $10.2 billion in 2025, then grew by 3.61% to $10.5 billion in 2026.
  • According to Business Quant data, Service Charges over the past three periods came in at $10.5 billion, $10.2 billion, and $10.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.