Bank of America profit margin BAC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- n/m
- a quarter missing
- Peer median
- 27.0%
Bank of America's net margin over the last twelve months can't be worked out yet: a quarter of its results is missing from our data.
Profit margin over time
Net
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | n/a |
| FY2024 | 26.6% |
| FY2023 | 26.9% |
| FY2022 | 29.0% |
| FY2021 | 35.9% |
| FY2020 | 20.9% |
| FY2019 | 30.1% |
| FY2018 | 30.9% |
| FY2017 | 20.9% |
| FY2016 | 21.4% |
| FY2015 | 19.5% |
| FY2014 | 5.7% |
| FY2013 | 12.9% |
| FY2012 | 5.0% |
| FY2011 | 1.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q3 FY26 | n/a | n/a | |
| Q2 FY26 | n/a | n/a | |
| Q1 FY26 | n/a | n/a | |
| Q4 FY25 | n/a | n/a | |
| Q3 FY25 | 27.1% | +3.1 pts | |
| Q2 FY25 | 26.4% | +1.5 pts | |
| Q1 FY25 | 26.7% | +1.2 pts | |
| Q4 FY24 | 26.6% | −0.3 pts | |
| Q3 FY24 | 24.0% | −6.2 pts | |
| Q2 FY24 | 24.9% | −4.7 pts | |
| Q1 FY24 | 25.5% | −3.7 pts | |
| Q4 FY23 | 26.9% | −2.1 pts |
Against its peers
Companies in Banks - Diversified nearest Bank of America's size, closest first, today.
| Company | Profit margin |
|---|---|
| BACBank of America | n/m |
| WFCWells Fargo | 26.3% |
| CCitigroup | 20.8% |
| JPMJPMorgan Chase | 32.5% |
| USBU.S. Bancorp | 27.6% |
| Peer median | 27.0% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Bank of America
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.