WallStreetZen

NYSE: BAC
Bank Of America Corp Earnings & Revenue

BAC past earnings growth

How has BAC's earnings growth performed historically?
Company
43.33%
Industry
100.33%
Market
104.53%
BAC's earnings have grown faster (16.38% per year) than the US Banks - Diversified industry average (14.47%)
Performance
BAC's earnings have grown slower (16.38% per year) than the US market average (31.1%)
Performance
BAC's earnings growth is accelerating - its growth over the last year (43.33%) is above its 5-year compound annual rate (16.38%)
Performance

BAC past revenue growth

How has BAC's revenue growth performed historically?
Company
-6.12%
Industry
2.18%
Market
41.42%
BAC's revenue has grown slower (0.5% per year) than the US Banks - Diversified industry average (2.64%)
Performance
BAC's revenue has grown slower (0.5% per year) than the US market average (19.51%)
Performance
BAC's revenue growth is slowing down - its growth over the last year (-6.12%) is below its 5-year compound annual rate (0.5%)
Performance

BAC earnings and revenue history

Current Revenue
$84.7B
Current Earnings
$26.2B
Current Profit Margin
30.9%

BAC Return on equity

Current Company
9.6%
Current Industry
11.8%
Current Market
23.1%
BAC's Return on Equity (9.6%) shows a company that is not efficient at transforming shareholder equity into returns
Performance

BAC Return on assets

Current Company
0.9%
Current Industry
1%
BAC is generating higher Return on Assets (0.9%) than the US Banks - Diversified industry average (0.78%)
Performance

BAC Return on capital employed

Current Company
0%
Current Industry
0%

Bank Of America Corp Earnings & Revenue FAQ

What were BAC's earnings last quarter?

On Invalid Date, Bank Of America Corp (NYSE: BAC) reported Q2 2021 earnings per share (EPS) of $1.04, up 173.68% year over year. Total Bank Of America Corp earnings for the quarter were $8.96 billion. In the same quarter last year, Bank Of America Corp's earnings per share (EPS) was $0.38.

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

As of Q4 2021, Bank Of America Corp's earnings has grown 43.33% year over year. This is 56.99 percentage points lower than the US Banks - Diversified industry earnings growth rate of 100.33%. Bank Of America Corp's earnings in the past year totalled $26.17 billion.

What was BAC's revenue last quarter?

On Invalid Date, Bank Of America Corp (NYSE: BAC) reported Q2 2021 revenue of $21.47 billion up 3.85% year over year. In the same quarter last year, Bank Of America Corp's revenue was $22.33 billion.

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

As of Q4 2021, Bank Of America Corp's revenue has grown -6.12% year over year. This is 8.3 percentage points lower than the US Banks - Diversified industry revenue growth rate of 2.18%. Bank Of America Corp's revenue in the past year totalled $84.72 billion.
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