Bank of America (BAC) Profit Metrics
Price: $42.14
Market Cap: $323.97B
Avg Volume: 38.69M
Market Cap: $323.97B
Avg Volume: 38.69M
Country: US
Industry: Banks - Diversified
Sector: Financial Services
Industry: Banks - Diversified
Sector: Financial Services
Profit Metrics Summary (Annual)
According to Bank of America's latest annual financial reports:
- The company has reported a gross profit of 95.79B, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 100.00%, with a year-over-year growth of 0.00%.
- Bank of America's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 30.37B. The EBITDA margin stands at 31.71%, showing a growth of -7.81% compared to the previous year.
- The operating income, representing the profit from business operations before taxes and interest, stands at 39.50B. The operating margin is 41.24%, with a year-over-year growth of 2.22%.
- The net income, which shows the company's total earnings or profit after all expenses, is 26.52B. The net profit margin is 27.68%, demonstrating a growth of -3.68% from the previous year.
These metrics provide a comprehensive overview of Bank of America's profitability and operational efficiency over the past year.
Gross Profit
$95.79B
Gross Profit Margin (2023)
100.00%
EBITDA
$30.37B
EBITDA Margin
31.71%
Operating Income (2023)
$39.50B
Operating Margin
41.24%
Net Income
$26.52B
Net Profit Margin
27.68%
Historical Gross Profit
Historical Gross Profit Margin
Historical Gross Profit Growth
Historical EBITDA
Historical EBITDA Margin
Historical EBITDA Growth
Historical Operating Income
Historical Operating Profit Margin
Historical Operating Income Growth
Historical Net Income
Historical Net Profit Margin
Historical Net Income Growth
Bank of America Historical Profit Metrics
Bank of America Historical Profits
The table below shows various profit metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Gross Profit | Gross Profit Growth | Operating Income | Operating Income Growth | Net Income | Net Income Growth | EBITDA | EBITDA Growth |
|---|---|---|---|---|---|---|---|---|
| 2023 | $95.79B | 0.00% | $39.50B | 2.22% | $26.52B | -3.68% | $30.37B | -7.81% |
| 2022 | $- | 0.00% | $38.64B | -5.62% | $27.53B | -13.92% | $32.95B | -8.16% |
| 2021 | $- | 0.00% | $40.95B | 59.17% | $31.98B | 78.71% | $35.87B | 72.16% |
| 2020 | $- | 0.00% | $25.73B | -33.77% | $17.89B | -34.76% | $20.84B | -39.57% |
| 2019 | $- | 0.00% | $38.84B | -6.52% | $27.43B | -2.55% | $34.48B | -5.90% |
| 2018 | $- | 0.00% | $41.55B | 11.18% | $28.15B | 54.38% | $36.65B | 17.02% |
| 2017 | $- | 0.00% | $37.37B | 7.34% | $18.23B | 2.30% | $31.32B | 21.61% |
| 2016 | $- | 0.00% | $34.82B | 5.80% | $17.82B | 12.02% | $25.75B | 11.86% |
| 2015 | $- | 0.00% | $32.91B | -5.28% | $15.91B | 188.22% | $23.02B | 134.07% |
| 2014 | $- | 0.00% | $34.74B | 4.88% | $5.52B | -47.62% | $9.84B | -41.82% |
| 2013 | $- | 0.00% | $33.12B | 1110.71% | $10.54B | 282.12% | $16.91B | 322.62% |
| 2012 | $- | -100.00% | $2.74B | 1289.57% | $2.76B | 90.73% | $4.00B | 212.74% |
| 2011 | $86.09B | 5.55% | $-230.00M | 82.62% | $1.45B | 164.61% | $1.28B | 213.48% |
| 2010 | $81.57B | -6.54% | $-1.32B | -130.34% | $-2.24B | -135.66% | $408.00M | -93.56% |
| 2009 | $87.28B | 46.77% | $4.36B | -1.54% | $6.28B | 56.59% | $6.34B | 1.21% |
| 2008 | $59.47B | 13.08% | $4.43B | -78.84% | $4.01B | -73.25% | $6.26B | -73.65% |
| 2007 | $52.59B | -13.30% | $20.92B | -34.56% | $14.98B | -29.11% | $23.77B | -31.78% |
| 2006 | $60.66B | 23.11% | $31.97B | 30.61% | $21.13B | 28.35% | $34.84B | 32.74% |
| 2005 | $49.27B | 14.62% | $24.48B | 15.36% | $16.46B | 16.42% | $26.25B | 14.84% |
| 2004 | $42.98B | 10.71% | $21.22B | 33.79% | $14.14B | 30.83% | $22.86B | 34.71% |