BAC
Price:
$45.625
Market Cap:
$350.08B
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers i...[Read more]
Industry
Banks - Diversified
IPO Date
1973-02-21
Stock Exchange
NYSE
Ticker
BAC
According to Bank of America Corporation’s latest financial reports and current stock price. The company's current ROE is 8.03%. This represents a change of 300.48% compared to the average of 2.01% of the last 4 quarters.
The mean historical ROE of Bank of America Corporation over the last ten years is 8.05%. The current 8.03% ROE has changed -0.22% with respect to the historical average. Over the past ten years (40 quarters), BAC's ROE was at its highest in in the June 2021 quarter at 3.33%. The ROE was at its lowest in in the December 2017 quarter at 0.89%.
Average
8.05%
Median
7.96%
Minimum
2.27%
Maximum
11.84%
Discovering the peaks and valleys of Bank of America Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 173.90%
Maximum Annual ROE = 11.84%
Minimum Annual Increase = -49.94%
Minimum Annual ROE = 2.27%
Year | ROE | Change |
---|---|---|
2023 | 9.09% | -9.77% |
2022 | 10.08% | -14.90% |
2021 | 11.84% | 80.60% |
2020 | 6.56% | -36.70% |
2019 | 10.36% | -2.36% |
2018 | 10.61% | 55.44% |
2017 | 6.82% | 2.18% |
2016 | 6.68% | 7.55% |
2015 | 6.21% | 173.90% |
2014 | 2.27% | -49.94% |
The current ROE of Bank of America Corporation (BAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.34%
5-year avg
9.58%
10-year avg
8.05%
Bank of America Corporation’s ROE is less than Citigroup Inc. (3.67%), less than Wells Fargo & Company (9.96%), less than The Toronto-Dominion Bank (7.84%), less than Royal Bank of Canada (13.27%), less than JPMorgan Chase & Co. (15.92%), less than Nu Holdings Ltd. (25.64%), less than HSBC Holdings plc (12.54%), less than Canadian Imperial Bank of Commerce (12.61%), less than Bank of Montreal (9.04%), less than The Bank of Nova Scotia (9.64%), greater than Credit Suisse Group AG (-16.40%),
Company | ROE | Market cap |
---|---|---|
3.67% | $135.73B | |
9.96% | $239.19B | |
7.84% | $93.60B | |
13.27% | $179.15B | |
15.92% | $685.70B | |
25.64% | $56.49B | |
12.54% | $174.34B | |
12.61% | $63.13B | |
9.04% | $73.85B | |
9.64% | $68.81B | |
-16.40% | $3.50B |
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What is Bank of America Corporation's ROE?
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What is the 3-year average ROE for Bank of America Corporation (BAC)?
What is the 5-year average ROE for Bank of America Corporation (BAC)?
How does the current ROE for Bank of America Corporation (BAC) compare to its historical average?