NYSE: BAC
Bank Of America Corp Earnings & Revenue

BAC past earnings growth

How has BAC's earnings growth performed historically?
Company
-26.06%
Industry
-19.91%
Market
82.89%
BAC's earnings have grown faster (15.77% per year) than the US Banks - Diversified industry average (4.38%)
Performance
BAC's earnings have grown slower (15.77% per year) than the US market average (77.34%)
Performance
BAC's earnings growth is slowing down - its growth over the last year (-26.06%) is below its 5-year compound annual rate (15.77%)
Performance

BAC past revenue growth

How has BAC's revenue growth performed historically?
Company
-1.36%
Industry
1.81%
Market
16.55%
BAC's revenue has grown slower (1.34% per year) than the US Banks - Diversified industry average (1.95%)
Performance
BAC's revenue has grown slower (1.34% per year) than the US market average (15.67%)
Performance
BAC's revenue growth is slowing down - its growth over the last year (-1.36%) is below its 5-year compound annual rate (1.34%)
Performance

BAC earnings and revenue history

Current Revenue
$90.2B
Current Earnings
$18.8B
Current Profit Margin
20.90%

BAC Return on equity

Current Company
7.10%
Current Industry
7.20%
Current Market
-36.30%
BAC's Return on Equity (7.10%) shows a company that is not efficient at transforming shareholder equity into returns
Performance

BAC Return on assets

Current Company
0.70%
Current Industry
0.70%
Current Market
6.20%
BAC is generating higher Return on Assets (0.70%) than the US Banks - Diversified industry average (0.62%)
Performance

BAC Return on capital employed

Current Company
0.00%
Current Industry
0.00%

Bank Of America Corp Earnings & Revenue FAQ

On Apr 15, 2020, Bank Of America Corp (NYSE: BAC) reported Q1 2020 earnings per share (EPS) of $0.40, up 43.66% year over year. Total Bank Of America Corp earnings for the quarter were $3.54 billion. In the same quarter last year, Bank Of America Corp's earnings per share (EPS) was $0.71.
On Apr 15, 2020, Bank Of America Corp (NYSE: BAC) reported Q1 2020 revenue of $22.77 billion up 1.03% year over year. In the same quarter last year, Bank Of America Corp's revenue was $23.00 billion.
As of Q4 2020, Bank Of America Corp's earnings has grown -26.06% year over year. This is 6.14 percentage points lower than the US Banks - Diversified industry earnings growth rate of -19.91%. Bank Of America Corp's earnings in the past year totalled $18.85 billion.
As of Q4 2020, Bank Of America Corp's revenue has grown -1.36% year over year. This is 3.16 percentage points lower than the US Banks - Diversified industry revenue growth rate of 1.81%. Bank Of America Corp's revenue in the past year totalled $90.25 billion.
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