Bank Of America Operating Income 2010-2023 | BAC

Bank Of America annual/quarterly operating income history and growth rate from 2010 to 2023. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Bank Of America operating income for the quarter ending December 31, 2023 was $3.124B, a 60.44% decline year-over-year.
  • Bank Of America operating income for the twelve months ending December 31, 2023 was $28.342B, a 8.48% decline year-over-year.
  • Bank Of America annual operating income for 2023 was $28.342B, a 8.48% decline from 2022.
  • Bank Of America annual operating income for 2022 was $30.969B, a 8.85% decline from 2021.
  • Bank Of America annual operating income for 2021 was $33.976B, a 78.87% increase from 2020.
Bank Of America Annual Operating Income
(Millions of US $)
2023 $28,342
2022 $30,969
2021 $33,976
2020 $18,995
2019 $32,754
2018 $34,584
2017 $29,213
2016 $25,021
2015 $22,187
2014 $7,963
2013 $16,172
2012 $3,072
2011 $408
2010 $497
2009 $7,081
Bank Of America Quarterly Operating Income
(Millions of US $)
2023-12-31 $3,124
2023-09-30 $8,095
2023-06-30 $8,034
2023-03-31 $9,089
2022-12-31 $7,897
2022-09-30 $8,301
2022-06-30 $6,892
2022-03-31 $7,879
2021-12-31 $7,818
2021-09-30 $8,950
2021-06-30 $8,042
2021-03-31 $9,166
2020-12-31 $6,119
2020-09-30 $4,546
2020-06-30 $3,799
2020-03-31 $4,531
2019-12-31 $8,169
2019-09-30 $6,859
2019-06-30 $8,959
2019-03-31 $8,767
2018-12-31 $8,698
2018-09-30 $8,994
2018-06-30 $8,498
2018-03-31 $8,394
2017-12-31 $6,161
2017-09-30 $7,611
2017-06-30 $8,121
2017-03-31 $7,320
2016-12-31 $5,369
2016-09-30 $7,304
2016-06-30 $6,817
2016-03-31 $4,977
2015-12-31 $3,768
2015-09-30 $6,247
2015-06-30 $7,218
2015-03-31 $4,322
2014-12-31 $5,418
2014-09-30 $431
2014-06-30 $2,795
2014-03-31 $-681
2013-12-31 $3,845
2013-09-30 $4,845
2013-06-30 $5,498
2013-03-31 $1,984
2012-12-31 $-1,904
2012-09-30 $1,110
2012-06-30 $3,147
2012-03-31 $719
2011-12-31 $2,533
2011-09-30 $7,609
2011-06-30 $-12,716
2011-03-31 $2,982
2010-12-31 $-3,225
2010-09-30 $-5,491
2010-06-30 $4,303
2010-03-31 $4,910
2009-12-31 $-886
2009-09-30 $-1,382
2009-06-30 $3,208
2009-03-31 $6,141
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.
Stock Name Country Market Cap PE Ratio
JPMorgan Chase (JPM) United States $561.293B 11.65
Wells Fargo (WFC) United States $200.706B 10.99
Citigroup (C) United States $116.277B 10.86
U.S Bancorp (USB) United States $65.317B 9.70
PNC Financial Services (PNC) United States $61.294B 10.93
Truist Financial (TFC) United States $49.780B 10.11
Bank Of New York Mellon (BK) United States $41.686B 10.94
Fifth Third Bancorp (FITB) United States $23.747B 9.79
M&T Bank (MTB) United States $22.524B 8.41
State Street (STT) United States $22.317B 9.65
Northern Trust (NTRS) United States $17.327B 13.59
KeyCorp (KEY) United States $13.652B 11.78
Comerica (CMA) United States $6.847B 6.71
BankUnited (BKU) United States $1.913B 9.04