Bank Of America (BAC) Technology and Communications (2009 - 2026)
Bank Of America (BAC) reported Technology and Communications of $2.01 billion for Q3 2026, up 9.9% from $1.83 billion a year earlier and up 4.4% from the prior quarter.
Bank Of America (BAC) Technology and Communications (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Bank Of America's Technology and Communications came in at $7.86 billion, up 5.9% year-over-year; for FY2025, it came in at $7.45 billion, up 3.1% from FY2024.
- Technology and Communications has increased for nine consecutive years, with a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- By year, Technology and Communications came in at $7.23 billion in FY2024 (+7.8%), $6.71 billion in FY2023 (+6.8%), $6.28 billion in FY2022 (+8.8%) and $5.77 billion in FY2021 (+10.5%).
- Five-year quarterly Technology and Communications spans a low of $1.48 billion in Q4 2021 and a high of $2.02 billion in Q1 2026.
- Year over year, Technology and Communications has now increased in each of the last 30 quarters, with growth averaging 5.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Technology and Communications ran from 1.5% in Q4 2025 to 12.0% in Q4 2022.
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.92 billion (Q2 2026), $2.02 billion (Q1 2026) and $1.91 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Technology (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 3.34 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 2.01 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 1.30 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 284.73 Mn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 674.00 Mn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | - |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.01 Bn |
| Jun 30, 2026 | 1.92 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 1.91 Bn |
| Sep 30, 2025 | 1.83 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 1.89 Bn |
| Dec 31, 2024 | 1.88 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.69 Bn |
| Sep 30, 2023 | 1.68 Bn |
| Jun 30, 2023 | 1.64 Bn |
| Mar 31, 2023 | 1.70 Bn |
| Dec 31, 2022 | 1.66 Bn |
| Sep 30, 2022 | 1.55 Bn |
| Jun 30, 2022 | 1.54 Bn |
| Mar 31, 2022 | 1.54 Bn |
| Dec 31, 2021 | 1.48 Bn |
Bank Of America Technology and Communications API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=technology-and-communications&ticker=BAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "ticker": "BAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=technology-and-communications&ticker=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();