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NYSE: BAC
Bank Of America Corp Earnings & Revenue

OverviewForecastEarnings
DividendOwnership

BAC past earnings growth

How has BAC's earnings growth performed historically?
Company
-32.13%
Industry
-26.58%
Market
37.79%
BAC's earnings have grown faster (6.38% per year) than the US Banks - Diversified industry average (-0.92%)
Performance
BAC's earnings have grown slower (6.38% per year) than the US market average (19.73%)
Performance
BAC's earnings growth is slowing down - its growth over the last year (-32.13%) is below its 5-year compound annual rate (6.38%)
Performance

BAC past revenue growth

How has BAC's revenue growth performed historically?
Company
-6.26%
Industry
-1.08%
Market
20.26%
BAC's revenue has grown slower (0.61% per year) than the US Banks - Diversified industry average (1.84%)
Performance
BAC's revenue has grown slower (0.61% per year) than the US market average (18.37%)
Performance
BAC's revenue growth is slowing down - its growth over the last year (-6.26%) is below its 5-year compound annual rate (0.61%)
Performance

BAC earnings and revenue history

Current Revenue
$85.5B
Current Earnings
$16.5B
Current Profit Margin
19.3%

BAC Return on equity

Current Company
6.1%
Current Industry
6.7%
Current Market
49.8%
BAC's Return on Equity (6.1%) shows a company that is not efficient at transforming shareholder equity into returns
Performance

BAC Return on assets

Current Company
0.6%
Current Industry
0.5%
Current Market
5.4%
BAC is generating higher Return on Assets (0.6%) than the US Banks - Diversified industry average (0.53%)
Performance

BAC Return on capital employed

Current Company
0%
Current Industry
0%

BAC earnings dates

Next earnings date
Apr 15, 2021

Bank Of America Corp Earnings & Revenue FAQ

What were BAC's earnings last quarter?

On Jan 19, 2021, Bank Of America Corp (NYSE: BAC) reported Q4 2020 earnings per share (EPS) of $0.59, up 21.33% year over year. Total Bank Of America Corp earnings for the quarter were $5.21 billion. In the same quarter last year, Bank Of America Corp's earnings per share (EPS) was $0.75.

What was BAC's earnings growth in the past year?

As of Q2 2021, Bank Of America Corp's earnings has grown -32.13% year over year. This is 5.55 percentage points lower than the US Banks - Diversified industry earnings growth rate of -26.58%. Bank Of America Corp's earnings in the past year totalled $16.47 billion.

What is BAC's earnings date?

Bank Of America Corp's earnings date is Apr 15, 2021. Add BAC to your watchlist to be reminded of BAC's next earnings announcement.

What was BAC's revenue last quarter?

On Jan 19, 2021, Bank Of America Corp (NYSE: BAC) reported Q4 2020 revenue of $20.10 billion up 10.07% year over year. In the same quarter last year, Bank Of America Corp's revenue was $22.35 billion.

What was BAC's revenue growth in the past year?

As of Q2 2021, Bank Of America Corp's revenue has grown -6.26% year over year. This is 5.19 percentage points lower than the US Banks - Diversified industry revenue growth rate of -1.08%. Bank Of America Corp's revenue in the past year totalled $85.53 billion.
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