WallStreetZen

NYSE: BAC
Bank Of America Corp Earnings & Revenue

BAC past earnings growth

How has BAC's earnings growth performed historically?
Company
-25.55%
Industry
-27.07%
Market
38.02%
BAC's earnings have grown faster (7.07% per year) than the US Banks - Diversified industry average (-0.89%)
Performance
BAC's earnings have grown slower (7.07% per year) than the US market average (28.47%)
Performance
BAC's earnings growth is slowing down - its growth over the last year (-25.55%) is below its 5-year compound annual rate (7.07%)
Performance

BAC past revenue growth

How has BAC's revenue growth performed historically?
Company
-4.14%
Industry
-0.13%
Market
16.24%
BAC's revenue has grown slower (0.83% per year) than the US Banks - Diversified industry average (1.72%)
Performance
BAC's revenue has grown slower (0.83% per year) than the US market average (16.12%)
Performance
BAC's revenue growth is slowing down - its growth over the last year (-4.14%) is below its 5-year compound annual rate (0.83%)
Performance

BAC earnings and revenue history

Current Revenue
$87.8B
Current Earnings
$18.0B
Current Profit Margin
20.5%

BAC Return on equity

Current Company
6.8%
Current Industry
181.1%
Current Market
23.9%
BAC's Return on Equity (6.8%) shows a company that is not efficient at transforming shareholder equity into returns
Performance

BAC Return on assets

Current Company
0.7%
Current Industry
0.6%
Current Market
6.2%
BAC is generating higher Return on Assets (0.7%) than the US Banks - Diversified industry average (0.55%)
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 Oct 14, 2020, Bank Of America Corp (NYSE: BAC) reported Q3 2020 earnings per share (EPS) of $0.51, up 10.53% year over year. Total Bank Of America Corp earnings for the quarter were $4.44 billion. In the same quarter last year, Bank Of America Corp's earnings per share (EPS) was $0.57.

What was BAC's revenue last quarter?

On Oct 14, 2020, Bank Of America Corp (NYSE: BAC) reported Q3 2020 revenue of $20.34 billion up 10.83% year over year. In the same quarter last year, Bank Of America Corp's revenue was $22.81 billion.

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

As of Q1 2021, Bank Of America Corp's earnings has grown -25.55% year over year. This is 1.53 percentage points higher than the US Banks - Diversified industry earnings growth rate of -27.07%. Bank Of America Corp's earnings in the past year totalled $18.01 billion.

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

As of Q1 2021, Bank Of America Corp's revenue has grown -4.14% year over year. This is 4.01 percentage points lower than the US Banks - Diversified industry revenue growth rate of -0.13%. Bank Of America Corp's revenue in the past year totalled $87.78 billion.
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