BANK OF AMERICA CORP /DE/
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
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All Other
| (Dollars in millions) · 2025 · 2024 · % Change | ||||||
|---|---|---|---|---|---|---|
| Net interest income | $(102) | $22 | n/m | |||
| Noninterest income (loss) | (2,952) | (3,472) | (15)% | |||
| Total revenue, net of interest expense | (3,054) | (3,450) | (11) | |||
| Provision for credit losses | (23) | (21) | 10 | |||
| Noninterest expense | 575 | 1,688 | (66) | |||
| Loss before income taxes | (3,606) | (5,117) | (30) | |||
| Income tax benefit | (3,296) | (3,462) | (5) | |||
| Net loss | $(310) | $(1,655) | (81) | |||
| Balance Sheet | ||||||
| Average | ||||||
| Total loans and leases | $7,639 | $8,606 | (11)% | |||
| Total assets (1) | 329,640 | 369,727 | (11) | |||
| Total deposits | 101,423 | 111,177 | (9) | |||
| Year end | ||||||
| Total loans and leases | $6,795 | $8,177 | (17)% | |||
| Total assets (1) | 269,329 | 341,509 | (21) | |||
| Total deposits | 90,785 | 103,871 | (13) | |||
(1)In segments where the total of liabilities and equity exceeds assets, which are generally deposit-taking segments, we allocate assets from All Other to those segments to match liabilities (i.e., deposits) and allocated shareholders’ equity. Average allocated assets were $990.6 billion and $956.5 billion for 2025 and 2024 and year-end allocated assets were $1.0 trillion and $980.4 billion at December 31, 2025 and 2024.
All Other primarily consists of asset and liability management (ALM) activities, liquidating businesses and certain expenses not otherwise allocated to a business segment, and adjustments to allocate income tax benefits from tax-related equity investments to noninterest income to present Global Banking and Global Markets on an FTE basis. For more information, see Note 23 – Business Segment Information to the Consolidated Financial Statements.
The net loss in All Other decreased $1.3 billion to $310 million primarily due to lower noninterest expense and a lower loss in noninterest income, partially offset by a lower income tax benefit.
The loss in noninterest income decreased $520 million primarily due to a reduction in the volume of tax-related equity investments and lower valuation losses on certain derivatives.
Noninterest expense decreased $1.1 billion to $575 million primarily due to a reduction in the Corporation’s accrual in 2025 for the FDIC special assessment compared to an increase in the accrual in 2024, and lower expenses related to a liquidating business activity.
The income tax benefit decreased $166 million primarily due to a lower pretax loss.
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