Bank Of America Operating Expenses 2010-2024 | BAC
Bank Of America annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- Bank Of America operating expenses for the quarter ending March 31, 2024 were $40.809B, a 30.06% increase year-over-year.
- Bank Of America operating expenses for the twelve months ending March 31, 2024 were $153.003B, a 54.88% increase year-over-year.
- Bank Of America annual operating expenses for 2023 were $143.57B, a 70.75% increase from 2022.
- Bank Of America annual operating expenses for 2022 were $84.084B, a 40.43% increase from 2021.
- Bank Of America annual operating expenses for 2021 were $59.875B, a 19.91% decline from 2020.
Bank Of America Annual Operating Expenses
(Millions of US $) |
| 2023 |
$143,570 |
| 2022 |
$84,084 |
| 2021 |
$59,875 |
| 2020 |
$74,758 |
| 2019 |
$80,835 |
| 2018 |
$75,043 |
| 2017 |
$70,253 |
| 2016 |
$68,641 |
| 2015 |
$71,327 |
| 2014 |
$88,866 |
| 2013 |
$85,525 |
| 2012 |
$97,006 |
| 2011 |
$114,666 |
| 2010 |
$133,697 |
| 2009 |
$143,369 |
Bank Of America Quarterly Operating Expenses
(Millions of US $) |
| 2024-03-31 |
$40,809 |
| 2023-12-31 |
$40,518 |
| 2023-09-30 |
$36,317 |
| 2023-06-30 |
$35,359 |
| 2023-03-31 |
$31,376 |
| 2022-12-31 |
$27,029 |
| 2022-09-30 |
$22,057 |
| 2022-06-30 |
$18,327 |
| 2022-03-31 |
$16,671 |
| 2021-12-31 |
$15,386 |
| 2021-09-30 |
$15,058 |
| 2021-06-30 |
$14,578 |
| 2021-03-31 |
$14,853 |
| 2020-12-31 |
$15,188 |
| 2020-09-30 |
$17,147 |
| 2020-06-30 |
$20,219 |
| 2020-03-31 |
$22,204 |
| 2019-12-31 |
$18,966 |
| 2019-09-30 |
$21,677 |
| 2019-06-30 |
$20,160 |
| 2019-03-31 |
$20,032 |
| 2018-12-31 |
$19,311 |
| 2018-09-30 |
$18,634 |
| 2018-06-30 |
$18,592 |
| 2018-03-31 |
$18,506 |
| 2017-12-31 |
$17,081 |
| 2017-09-30 |
$17,724 |
| 2017-06-30 |
$17,868 |
| 2017-03-31 |
$17,580 |
| 2016-12-31 |
$17,194 |
| 2016-09-30 |
$16,740 |
| 2016-06-30 |
$16,925 |
| 2016-03-31 |
$18,336 |
| 2015-12-31 |
$18,232 |
| 2015-09-30 |
$17,241 |
| 2015-06-30 |
$17,382 |
| 2015-03-31 |
$19,104 |
| 2014-12-31 |
$17,472 |
| 2014-09-30 |
$23,417 |
| 2014-06-30 |
$21,880 |
| 2014-03-31 |
$26,097 |
| 2013-12-31 |
$20,569 |
| 2013-09-30 |
$19,801 |
| 2013-06-30 |
$20,505 |
| 2013-03-31 |
$24,650 |
| 2012-12-31 |
$24,211 |
| 2012-09-30 |
$23,356 |
| 2012-06-30 |
$23,265 |
| 2012-03-31 |
$26,174 |
| 2011-12-31 |
$27,067 |
| 2011-09-30 |
$26,207 |
| 2011-06-30 |
$31,754 |
| 2011-03-31 |
$29,638 |
| 2010-12-31 |
$31,474 |
| 2010-09-30 |
$37,965 |
| 2010-06-30 |
$31,069 |
| 2010-03-31 |
$33,189 |
| 2009-12-31 |
$32,048 |
| 2009-09-30 |
$34,517 |
| 2009-06-30 |
$37,528 |
| 2009-03-31 |
$39,276 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Major Regional |
$302.369B |
$171.912B |
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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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