Bank Of America (BAC) Tax Provisions (2009 - 2026)
Bank Of America's (BAC) quarterly Tax Provisions came in at $2.5 billion in Q2 2026, up 66.29% year-over-year from $1.5 billion in Q2 2025, and up 36.87% quarter-over-quarter from $1.8 billion in Q1 2026.
Analysis
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 $2.5 billion for Q2 2026.
- In Q2 2026, Tax Provisions rose 66.29% year-over-year to $2.5 billion; the TTM figure through Jun 2026 stood at $10.2 billion (up 25.46% YoY), while the FY2025 annual figure was $7.2 billion, up 14.98% from the prior year.
- Tax Provisions came in at $2.5 billion for Q2 2026 at Bank Of America, up from $1.8 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.
- Average Tax Provisions over 5 years is $1.6 billion, with a median of $957.5 million recorded in 2023.
- The largest YoY upside for Tax Provisions was 472.29% in 2023 against a maximum downside of 75.96% in 2023.
- Over 5 years, 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 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 1.70 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 1.94 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 1.24 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 1.40 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | - |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 961.00 Mn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 883.59 Mn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 869.00 Mn |
Historic Data
Download Data
Historic 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 | 1.50 Bn |
| 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 |