Bank Of America Cost of Goods Sold 2010-2024 | BAC

Bank Of America annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Bank Of America cost of goods sold for the quarter ending March 31, 2024 was $22.253B, a 56.63% increase year-over-year.
  • Bank Of America cost of goods sold for the twelve months ending March 31, 2024 was $81.377B, a 146.69% increase year-over-year.
  • Bank Of America annual cost of goods sold for 2023 was $73.331B, a 264.78% increase from 2022.
  • Bank Of America annual cost of goods sold for 2022 was $20.103B, a 324.29% increase from 2021.
  • Bank Of America annual cost of goods sold for 2021 was $4.738B, a 42.4% decline from 2020.
Bank Of America Annual Cost of Goods Sold
(Millions of US $)
2023 $73,331
2022 $20,103
2021 $4,738
2020 $8,225
2019 $22,345
2018 $18,607
2017 $12,340
2016 $9,961
2015 $10,549
2014 $10,935
2013 $12,755
2012 $16,744
2011 $21,620
2010 $23,974
2009 $30,807
Bank Of America Quarterly Cost of Goods Sold
(Millions of US $)
2024-03-31 $22,253
2023-12-31 $21,683
2023-09-30 $19,245
2023-06-30 $18,196
2023-03-31 $14,207
2022-12-31 $10,394
2022-09-30 $5,856
2022-06-30 $2,531
2022-03-31 $1,322
2021-12-31 $1,144
2021-09-30 $1,242
2021-06-30 $1,154
2021-03-31 $1,198
2020-12-31 $1,208
2020-09-30 $1,357
2020-06-30 $1,692
2020-03-31 $3,968
2019-12-31 $4,786
2019-09-30 $5,729
2019-06-30 $6,035
2019-03-31 $5,795
2018-12-31 $5,332
2018-09-30 $4,904
2018-06-30 $4,541
2018-03-31 $3,830
2017-12-31 $3,032
2017-09-30 $3,496
2017-06-30 $3,160
2017-03-31 $2,652
2016-12-31 $2,573
2016-09-30 $2,409
2016-06-30 $2,456
2016-03-31 $2,523
2015-12-31 $2,897
2015-09-30 $2,496
2015-06-30 $2,644
2015-03-31 $2,512
2014-12-31 $2,518
2014-09-30 $2,639
2014-06-30 $2,928
2014-03-31 $2,850
2013-12-31 $2,926
2013-09-30 $3,116
2013-06-30 $3,276
2013-03-31 $3,437
2012-12-31 $3,647
2012-09-30 $4,038
2012-06-30 $4,444
2012-03-31 $4,615
2011-12-31 $4,712
2011-09-30 $5,363
2011-06-30 $5,802
2011-03-31 $5,743
2010-12-31 $5,851
2010-09-30 $5,774
2010-06-30 $6,219
2010-03-31 $6,130
2009-12-31 $6,086
2009-09-30 $7,100
2009-06-30 $7,962
2009-03-31 $9,659
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $306.871B $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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