Bank Of America Gross Margin 2010-2023 | BAC

Current and historical gross margin for Bank Of America (BAC) over the last 10 years. The current gross profit margin for Bank Of America as of December 31, 2023 is %.
Bank Of America Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2023-12-31 $171.91B $98.58B 57.34%
2023-09-30 $163.20B $101.15B 61.98%
2023-06-30 $149.14B $100.49B 67.38%
2023-03-31 $130.97B $97.98B 74.81%
2022-12-31 $115.05B $94.95B 82.53%
2022-09-30 $103.33B $92.48B 89.50%
2022-06-30 $96.98B $90.74B 93.57%
2022-03-31 $94.38B $89.52B 94.85%
2021-12-31 $93.85B $89.11B 94.95%
2021-09-30 $91.95B $87.15B 94.78%
2021-06-30 $89.64B $84.72B 94.51%
2021-03-31 $91.04B $85.58B 94.01%
2020-12-31 $93.75B $85.53B 91.23%
2020-09-30 $99.58B $87.78B 88.15%
2020-06-30 $106.42B $90.25B 84.80%
2020-03-31 $111.53B $91.01B 81.60%
2019-12-31 $113.59B $91.24B 80.33%
2019-09-30 $114.46B $91.57B 80.00%
2019-06-30 $113.56B $91.49B 80.57%
2019-03-31 $111.53B $90.95B 81.55%
2018-12-31 $109.63B $91.02B 83.03%
2018-09-30 $104.86B $88.55B 84.45%
2018-06-30 $102.57B $87.67B 85.47%
2018-03-31 $101.47B $87.95B 86.68%
2017-12-31 $99.47B $87.13B 87.59%
2017-09-30 $98.79B $86.91B 87.97%
2017-06-30 $97.50B $86.70B 88.93%
2017-03-31 $95.25B $85.16B 89.41%
2016-12-31 $93.66B $83.70B 89.36%
2016-09-30 $93.10B $82.81B 88.95%
2016-06-30 $92.54B $82.17B 88.79%
2016-03-31 $93.40B $82.84B 88.69%
2015-12-31 $93.51B $82.97B 88.72%
2015-09-30 $94.40B $84.23B 89.23%
2015-06-30 $94.76B $84.45B 89.12%
2015-03-31 $94.84B $84.24B 88.83%
2014-12-31 $96.83B $85.89B 88.71%
2014-09-30 $98.35B $87.01B 88.47%
2014-06-30 $99.15B $87.33B 88.08%
2014-03-31 $100.48B $88.31B 87.89%
2013-12-31 $101.70B $88.94B 87.46%
2013-09-30 $99.59B $86.11B 86.47%
2013-06-30 $99.41B $85.01B 85.52%
2013-03-31 $99.82B $84.25B 84.41%
2012-12-31 $100.08B $83.33B 83.27%
2012-09-30 $107.37B $89.56B 83.41%
2012-06-30 $116.72B $97.59B 83.61%
2012-03-31 $109.35B $88.86B 81.26%
2011-12-31 $115.07B $93.45B 81.21%
2011-09-30 $113.72B $90.96B 79.99%
2011-06-30 $112.38B $89.21B 79.38%
2011-03-31 $128.72B $105.13B 81.68%
2010-12-31 $134.19B $110.22B 82.13%
2010-09-30 $137.11B $112.90B 82.34%
2010-06-30 $137.77B $112.23B 81.47%
2010-03-31 $143.13B $115.85B 80.94%
2009-12-31 $150.45B $119.64B 79.52%
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $289.192B $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.
Stock Name Country Market Cap PE Ratio
JPMorgan Chase (JPM) United States $561.408B 11.66
Wells Fargo (WFC) United States $201.591B 11.03
Citigroup (C) United States $115.261B 10.77
U.S Bancorp (USB) United States $65.488B 9.73
PNC Financial Services (PNC) United States $61.672B 10.99
Truist Financial (TFC) United States $50.047B 10.16
Bank Of New York Mellon (BK) United States $41.920B 11.00
Fifth Third Bancorp (FITB) United States $23.700B 9.77
M&T Bank (MTB) United States $22.471B 8.39
State Street (STT) United States $22.456B 9.71
Northern Trust (NTRS) United States $17.425B 13.67
KeyCorp (KEY) United States $13.764B 11.87
Comerica (CMA) United States $6.809B 6.67
BankUnited (BKU) United States $1.925B 9.10