BANK OF AMERICA CORP /DE/ Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Bank Of America Corp /De/ quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Bank Of America Corp /De/ Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $428M, a 46.1% increase year-over-year.
  • Bank Of America Corp /De/ Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $1.66B, a 36.5% decline year-over-year.
  • Bank Of America Corp /De/ annual Income Tax Expense (Benefit) for 2023 was $1.83B, a 46.9% decline from 2022.
  • Bank Of America Corp /De/ annual Income Tax Expense (Benefit) for 2022 was $3.44B, a 72.2% increase from 2021.
  • Bank Of America Corp /De/ annual Income Tax Expense (Benefit) for 2021 was $2B, a 81.5% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.83B -$1.61B -46.9% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-20
2022 $3.44B +$1.44B +72.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-20
2021 $2B +$897M +81.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-20
2020 $1.1B -$4.22B -79.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-22
2019 $5.32B -$1.11B -17.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-22
2018 $6.44B -$4.54B -41.4% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $11B +$3.78B +52.5% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-19
2016 $7.2B +$922M +14.7% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $6.28B +$3.83B +157% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-22
2014 $2.44B -$1.75B -41.8% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-23
2013 $4.19B +$5.31B Jan 1, 2013 Dec 31, 2013 8-K 2016-11-01
2012 -$1.12B +$560M +33.4% Jan 1, 2012 Dec 31, 2012 8-K 2015-04-29
2011 -$1.68B -$2.59B -283% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-25
2010 $915M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.