WallStreetZen

NYSE: BAC
Bank Of America Corp Earnings & Revenue

BAC past earnings growth

How has BAC's earnings growth performed historically?
Company
-4.86%
Industry
72.57%
Market
102.72%
BAC's earnings have grown faster (10.29% per year) than the US Banks - Diversified industry average (4.47%)
Performance
BAC's earnings have grown slower (10.29% per year) than the US market average (27.52%)
Performance
BAC's earnings growth is slowing down - its growth over the last year (-4.86%) is below its 5-year compound annual rate (10.29%)
Performance

BAC past revenue growth

How has BAC's revenue growth performed historically?
Company
-5.96%
Industry
3.7%
Market
36.32%
BAC's revenue has grown slower (0.54% per year) than the US Banks - Diversified industry average (2.61%)
Performance
BAC's revenue has grown slower (0.54% per year) than the US market average (17.66%)
Performance
BAC's revenue growth is slowing down - its growth over the last year (-5.96%) is below its 5-year compound annual rate (0.54%)
Performance

BAC earnings and revenue history

Current Revenue
$85.6B
Current Earnings
$20.5B
Current Profit Margin
23.9%

BAC Return on equity

Current Company
7.6%
Current Industry
9%
Current Market
30.7%
BAC's Return on Equity (7.6%) shows a company that is not efficient at transforming shareholder equity into returns
Performance

BAC Return on assets

Current Company
0.7%
Current Industry
0.7%
Current Market
6.4%
BAC is generating higher Return on Assets (0.7%) than the US Banks - Diversified industry average (0.68%)
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 Apr 15, 2021, Bank Of America Corp (NYSE: BAC) reported Q1 2021 earnings per share (EPS) of $0.87, up 117.5% year over year. Total Bank Of America Corp earnings for the quarter were $7.56 billion. In the same quarter last year, Bank Of America Corp's earnings per share (EPS) was $0.40.

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

As of Q3 2021, Bank Of America Corp's earnings has grown -4.86% year over year. This is 77.43 percentage points lower than the US Banks - Diversified industry earnings growth rate of 72.57%. Bank Of America Corp's earnings in the past year totalled $20.49 billion.

What was BAC's revenue last quarter?

On Apr 15, 2021, Bank Of America Corp (NYSE: BAC) reported Q1 2021 revenue of $22.82 billion up 0.24% year over year. In the same quarter last year, Bank Of America Corp's revenue was $22.77 billion.

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

As of Q3 2021, Bank Of America Corp's revenue has grown -5.96% year over year. This is 9.66 percentage points lower than the US Banks - Diversified industry revenue growth rate of 3.7%. Bank Of America Corp's revenue in the past year totalled $85.58 billion.
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