Bank Of America SG&A Expenses 2010-2024 | BAC

Bank Of America annual/quarterly sg&a expenses history and growth rate from 2010 to 2024. Sg&a expenses can be defined as the sum of all selling, general and administrative expenses.
  • Bank Of America sg&a expenses for the quarter ending March 31, 2024 were $18.556B, a 8.08% increase year-over-year.
  • Bank Of America sg&a expenses for the twelve months ending March 31, 2024 were $71.626B, a 8.85% increase year-over-year.
  • Bank Of America annual sg&a expenses for 2023 were $70.239B, a 9.78% increase from 2022.
  • Bank Of America annual sg&a expenses for 2022 were $63.981B, a 16.04% increase from 2021.
  • Bank Of America annual sg&a expenses for 2021 were $55.137B, a 17.13% decline from 2020.
Bank Of America Annual SG&A Expenses
(Millions of US $)
2023 $70,239
2022 $63,981
2021 $55,137
2020 $66,533
2019 $58,490
2018 $56,436
2017 $57,913
2016 $58,680
2015 $60,778
2014 $76,995
2013 $71,684
2012 $78,998
2011 $88,353
2010 $95,592
2009 $110,584
Bank Of America Quarterly SG&A Expenses
(Millions of US $)
2024-03-31 $18,556
2023-12-31 $18,835
2023-09-30 $17,072
2023-06-30 $17,163
2023-03-31 $17,169
2022-12-31 $16,635
2022-09-30 $16,201
2022-06-30 $15,796
2022-03-31 $15,349
2021-12-31 $14,242
2021-09-30 $13,816
2021-06-30 $13,424
2021-03-31 $13,655
2020-12-31 $13,980
2020-09-30 $15,790
2020-06-30 $18,527
2020-03-31 $18,236
2019-12-31 $14,180
2019-09-30 $15,948
2019-06-30 $14,125
2019-03-31 $14,237
2018-12-31 $13,979
2018-09-30 $13,730
2018-06-30 $14,051
2018-03-31 $14,676
2017-12-31 $14,049
2017-09-30 $14,228
2017-06-30 $14,708
2017-03-31 $14,928
2016-12-31 $14,621
2016-09-30 $14,150
2016-06-30 $14,283
2016-03-31 $15,626
2015-12-31 $15,335
2015-09-30 $14,538
2015-06-30 $14,526
2015-03-31 $16,379
2014-12-31 $14,726
2014-09-30 $20,544
2014-06-30 $18,717
2014-03-31 $23,008
2013-12-31 $17,377
2013-09-30 $16,415
2013-06-30 $16,955
2013-03-31 $20,937
2012-12-31 $20,255
2012-09-30 $19,003
2012-06-30 $18,500
2012-03-31 $21,240
2011-12-31 $21,409
2011-09-30 $20,467
2011-06-30 $22,967
2011-03-31 $23,510
2010-12-31 $23,203
2010-09-30 $21,365
2010-06-30 $24,411
2010-03-31 $26,613
2009-12-31 $25,530
2009-09-30 $26,907
2009-06-30 $29,050
2009-03-31 $29,097
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $300.693B $171.912B
Bank of America Corp. is one of the largest financial holding companies in the U.S. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc.
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