美国银行Bank of America（BAC）2025年第四季度及全年财务业绩演示报告「NYSE」（英文版）（31页）.pdf

1、Bank of America 4Q25 Financial ResultsJanuary 14,2026Note:IB stands for investment banking.ROA stands for return on average assets.ROE stands for return on average common shareholders equity.ROTCE stands for return on average tangible common shareholders equity.1 This presentation reflects the Corpo

2、rations election to change its accounting methods for certain tax-related equity investments effective 4Q25,which were applied on a retrospective basis as disclosed in the Current Report on Form 8-K furnished with the U.S.Securities and Exchange Commission on January 6,2026.Additionally,certain prio

3、r-period financial information in this presentation has been revised to reflect such changes to conform to current-period presentation.For important presentation information,see slide 30.2 Diluted earnings per share.3 Operating leverage calculated as the year-over-year percentage change in revenue,n

4、et of interest expense,less the percentage change in noninterest expense.4 Revenue,net of interest expense.5 End of period(EOP).6 CET1 stands for common equity tier 1 capital.CET1 ratio at December 31,2025,is preliminary.7 GLS stands for average Global Liquidity Sources.See note A on slide 27 for de

5、finition of Global Liquidity Sources.8 Represents a non-GAAP financial measure.For important presentation information,see slide 30.2025 Highlights12Earnings GrowthRevenue GrowthBalance Sheet StrengthNet income$30.5B+13%YoYEPS$3.812+19%YoY Operating leverage32.5%Efficiency ratio 62%improved 146 bps Y

6、oY Revenue$113.1B4+7%YoYNet interest income+7%YoYSales&trading+11%YoYAsset mgmt.fees+12%YoYIB fees+7%YoY Deposits$2.0T5+3%YoYLoans$1.2T5+8%YoYCET1 11.4%well above reg.min.6Robust liquidityGLS$975B70.89%ROA+7 bps YoY10.6%ROE+106 bps YoY14.2%ROTCE8+128 bps YoYRecord sales and trading revenue15 consecu