Bank of America Corporation

Bank of America Corporationverified

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

The ROE as of December 2024 (TTM) for Bank of America Corporation (BAC) is 8.03%

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.

Bank of America Corporation (BAC) Historical ROE (quarterly & annually)

How has BAC ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

8.05%

Median

7.96%

Minimum

2.27%

Maximum

11.84%

Bank of America Corporation (BAC) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
20239.09%-9.77%
202210.08%-14.90%
202111.84%80.60%
20206.56%-36.70%
201910.36%-2.36%
201810.61%55.44%
20176.82%2.18%
20166.68%7.55%
20156.21%173.90%
20142.27%-49.94%

Bank of America Corporation (BAC) Average ROE

How has BAC ROE performed in the past?

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 (BAC) ROE vs. Peers

How is BAC’s ROE compared to its peers?

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%),

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Frequently asked questions❓

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