Bank Of America Gross Profit 2010-2023 | BAC

Bank Of America annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Bank Of America gross profit for the quarter ending December 31, 2023 was $21.959B, a 10.49% decline year-over-year.
  • Bank Of America gross profit for the twelve months ending December 31, 2023 was $98.581B, a 3.82% increase year-over-year.
  • Bank Of America annual gross profit for 2023 was $98.581B, a 3.82% increase from 2022.
  • Bank Of America annual gross profit for 2022 was $94.95B, a 6.55% increase from 2021.
  • Bank Of America annual gross profit for 2021 was $89.113B, a 4.19% increase from 2020.
Bank Of America Annual Gross Profit
(Millions of US $)
2023 $98,581
2022 $94,950
2021 $89,113
2020 $85,528
2019 $91,244
2018 $91,020
2017 $87,126
2016 $83,701
2015 $82,965
2014 $85,894
2013 $88,942
2012 $83,334
2011 $93,454
2010 $110,220
2009 $119,643
Bank Of America Quarterly Gross Profit
(Millions of US $)
2023-12-31 $21,959
2023-09-30 $25,167
2023-06-30 $25,197
2023-03-31 $26,258
2022-12-31 $24,532
2022-09-30 $24,502
2022-06-30 $22,688
2022-03-31 $23,228
2021-12-31 $22,060
2021-09-30 $22,766
2021-06-30 $21,466
2021-03-31 $22,821
2020-12-31 $20,099
2020-09-30 $20,336
2020-06-30 $22,326
2020-03-31 $22,767
2019-12-31 $22,349
2019-09-30 $22,807
2019-06-30 $23,084
2019-03-31 $23,004
2018-12-31 $22,677
2018-09-30 $22,724
2018-06-30 $22,549
2018-03-31 $23,070
2017-12-31 $20,210
2017-09-30 $21,839
2017-06-30 $22,829
2017-03-31 $22,248
2016-12-31 $19,990
2016-09-30 $21,635
2016-06-30 $21,286
2016-03-31 $20,790
2015-12-31 $19,103
2015-09-30 $20,992
2015-06-30 $21,956
2015-03-31 $20,914
2014-12-31 $20,372
2014-09-30 $21,209
2014-06-30 $21,747
2014-03-31 $22,566
2013-12-31 $21,488
2013-09-30 $21,530
2013-06-30 $22,727
2013-03-31 $23,197
2012-12-31 $18,660
2012-09-30 $20,428
2012-06-30 $21,968
2012-03-31 $22,278
2011-12-31 $24,888
2011-09-30 $28,453
2011-06-30 $13,236
2011-03-31 $26,877
2010-12-31 $22,398
2010-09-30 $26,700
2010-06-30 $29,153
2010-03-31 $31,969
2009-12-31 $25,076
2009-09-30 $26,035
2009-06-30 $32,774
2009-03-31 $35,758
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $286.825B $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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