Bank Of America (BAC) Tax Provisions (2009 - 2026)
Bank Of America's (BAC) quarterly Tax Provisions came in at $1.8 billion in Q1 2026, up 11.18% year-on-year from $1.6 billion in Q1 2025, and down 62.91% quarter-over-quarter from $4.9 billion in Q4 2025.
Bank Of America (BAC) Tax Provisions (2009 - 2026) Analysis & Trends
Bank Of America has disclosed Tax Provisions across 18 years of filings, most recently posting $1.8 billion for Q1 2026.
- Tax Provisions for Q1 2026 came in at $1.8 billion, up 11.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.3 billion (up 13.52% YoY), and the FY2025 annual result was $7.2 billion, up 14.98% from the prior year.
- Tax Provisions came in at $1.8 billion for Q1 2026 at Bank Of America, down from $4.9 billion in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $4.9 billion in Q4 2025 to a low of $293.0 million in Q3 2023.
- The 5-year median for Tax Provisions is $812.0 million (2022), against an average of $1.5 billion.
- Peak annual rise in Tax Provisions reached 472.29% in 2023, while the deepest fall reached 75.96% in 2023.
- Bank Of America's Tax Provisions stood at $765.0 million in 2022, then jumped by 472.29% to $4.4 billion in 2023, then advanced by 4.41% to $4.6 billion in 2024, then increased by 7.35% to $4.9 billion in 2025, then tumbled by 62.91% to $1.8 billion in 2026.
- The last three Tax Provisions figures came in at $1.8 billion (Q1 2026), $4.9 billion (Q4 2025), and $987.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 537.65 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | -1.98 Bn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.17 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 565.37 Mn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 602.40 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 1.82 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -860.14 Mn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 571.72 Mn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 691.00 Mn |
| 10 | Citigroup | 242.69 Bn | -1,942.31 Bn | 19.85 Bn | 1.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -1.18 Bn |