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 September 30, 2024 were $41.545B, a 14.4% increase year-over-year.
  • Bank Of America operating expenses for the twelve months ending September 30, 2024 were $163.841B, a 25.95% 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 $)
2024-09-30 $41,545
2024-06-30 $40,969
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 Finance - Investment Banks $356.098B $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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