Bank Of America Gross Profit 2010-2024 | BAC
Bank Of America annual/quarterly gross profit history and growth rate from 2010 to 2024. 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, 2024 was $25.347B, a 15.43% increase year-over-year.
- Bank Of America gross profit for the twelve months ending December 31, 2024 was $101.887B, a 3.35% increase year-over-year.
- Bank Of America annual gross profit for 2024 was $101.887B, a 3.35% increase from 2023.
- 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
(Millions of US $) |
| 2024 |
$101,887 |
| 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 $) |
| 2024-12-31 |
$25,347 |
| 2024-09-30 |
$25,345 |
| 2024-06-30 |
$25,377 |
| 2024-03-31 |
$25,818 |
| 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 |
Finance - Investment Banks |
$347.581B |
$192.434B |
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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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