BofA Finance LLC Effective Tax Rate
BofA Finance LLC (BAC) reported Effective Tax Rate of 19.10% for the 12-month period ending 2025-12-31, per its 10-K filed 2026-02-25.
Financial Statements › Expense Statement › Income Tax
us-gaap:EffectiveIncomeTaxRateContinuingOperations · last filed 2026-02-25
- BofA Finance LLC effective income tax rate reconciliation, percent for fiscal 2025 was 19.10%, a 1.60% increase from fiscal 2024.
- BofA Finance LLC effective income tax rate reconciliation, percent for fiscal 2024 was 18.80%, a 1.57% decline from fiscal 2023.
- BofA Finance LLC effective income tax rate reconciliation, percent for fiscal 2023 was 19.10%, a 72.07% increase from fiscal 2022.
- BofA Finance LLC effective income tax rate reconciliation, percent for fiscal 2022 was 11.10%, a 88.14% increase from fiscal 2021.
| Period end | Effective Income Tax Rate Reconciliation, Percent 12 month | Effective Income Tax Rate Reconciliation, Percent 12 month as first filed |
|---|---|---|
| 2025-12-31 | 19.10% 10-K · filed 2026-02-25 | |
| 2024-12-31 | 18.80% 10-K · filed 2026-02-25 | 7.30% 10-K · filed 2025-02-25 |
| 2023-12-31 | 19.10% 10-K · filed 2026-02-25 | 6.40% 10-K · filed 2024-02-20 |
| 2022-12-31 | 11.10% 10-K · filed 2025-02-25 | |
| 2021-12-31 | 5.90% 10-K · filed 2024-02-20 | |
| 2020-12-31 | 5.80% 10-K · filed 2023-02-22 | |
| 2019-12-31 | 16.30% 10-K · filed 2022-02-22 | |
| 2018-12-31 | 18.60% 10-K · filed 2021-02-24 | |
| 2017-12-31 | 37.60% 10-K · filed 2020-02-19 | |
| 2016-12-31 | 28.80% 10-K · filed 2019-02-26 | |
| 2015-12-31 | 28.30% 10-K · filed 2018-02-22 | |
| 2014-12-31 | 30.70% 10-K · filed 2017-02-23 | 29.50% 10-K · filed 2015-02-25 |
| 2013-12-31 | 28.50% 8-K · filed 2016-11-01 | 29.30% 10-K · filed 2015-02-25 |
| 2012-12-31 | -36.30% 8-K · filed 2015-04-29 |
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