Bank Of America (BAC) Tax Provisions (2009 - 2026)
Bank Of America (BAC) posted quarterly Tax Provisions of $2.5 billion for Q2 2026, up 66.29% year-over-year from $1.5 billion in Q2 2025, and up 36.87% on a QoQ basis from $1.8 billion in Q1 2026.
Bank Of America (BAC) Tax Provisions (2009 - 2026) Analysis & Trends
Bank Of America has reported Tax Provisions for 18 years, with the latest figure at $2.5 billion in Q2 2026.
- Tax Provisions for Q2 2026 came in at $2.5 billion, up 66.29% year-over-year; the trailing twelve-month figure through Jun 2026 was $10.2 billion (up 25.46% YoY), and the FY2025 annual result was $7.2 billion, up 14.98% from the prior year.
- Tax Provisions improved to $2.5 billion in Q2 2026, from $1.8 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $4.9 billion in Q4 2025 and troughed at $293.0 million in Q3 2023.
- A 5-year average of $1.6 billion and a median of $957.5 million in 2023 frame the typical range for Tax Provisions.
- The largest YoY upside for Tax Provisions was 472.29% in 2023 against a maximum downside of 75.96% in 2023.
- A 5-year view of Tax Provisions shows it stood at $765.0 million in 2022, then soared by 472.29% to $4.4 billion in 2023, then grew by 4.41% to $4.6 billion in 2024, then gained by 7.35% to $4.9 billion in 2025, then slumped by 49.24% to $2.5 billion in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $2.5 billion in Q2 2026, $1.8 billion in Q1 2026, and $4.9 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 441.62 Bn | -146.87 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Hsbc Holdings | 357.01 Bn | 357.01 Bn | - | 6.18 Bn |
| 3 | Royal Bank Of Canada | 286.58 Bn | 87.66 Bn | - | 1.17 Bn |
| 4 | Wells Fargo & Company | 254.86 Bn | 50.89 Bn | - | 1.40 Bn |
| 5 | Mitsubishi Ufj Financial | 251.70 Bn | -141.92 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Citigroup | 223.37 Bn | -2,078.94 Bn | 24.75 Bn | 2.01 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.48 Bn | 19.99 Bn | - | 565.37 Mn |
| 9 | UBS Group AG | 167.76 Bn | -47.95 Bn | - | - |
| 10 | Bank of New York Mellon | 108.83 Bn | 47.61 Bn | - | 475.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.49 Bn |
| Mar 31, 2026 | 1.82 Bn |
| Dec 31, 2025 | 4.91 Bn |
| Sep 30, 2025 | 987.00 Mn |
| Jun 30, 2025 | 572.00 Mn |
| Mar 31, 2025 | 1.64 Bn |
| Dec 31, 2024 | 4.57 Bn |
| Sep 30, 2024 | 428.00 Mn |
| Jun 30, 2024 | 663.00 Mn |
| Mar 31, 2024 | 588.00 Mn |
| Dec 31, 2023 | 4.38 Bn |
| Sep 30, 2023 | 293.00 Mn |
| Jun 30, 2023 | 626.00 Mn |
| Mar 31, 2023 | 928.00 Mn |
| Dec 31, 2022 | 765.00 Mn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 645.00 Mn |
| Mar 31, 2022 | 812.00 Mn |
| Dec 31, 2021 | 805.00 Mn |
| Sep 30, 2021 | 1.26 Bn |