Bank of America Corporation
BAC Financial Banks Diversified
Bank of America Corporation’s revenue for fiscal 2025 (year ended December 2025) was $191.6 billion, down 2.46% from fiscal 2024. In the quarter to September 2026, revenue was flat, EPS fell 8.97%, free cash flow grew 418.0% and total debt rose 2.31%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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Bank of America Corporation (BAC) Gross margin
Bank of America Corporation's gross margin over the twelve months to 30 September 2026 was 62.8%, up 3.8 percentage points from fiscal 2025 (59.0%). Over the past ten years it has ranged from 53.9% (fiscal 2024) to 95.0% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Banks Diversified industry median of 67.1% and below the Financial sector median of 69.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 59.0% | 5.14 |
| FY2024 | 53.9% | (4.46) |
| FY2023 | 58.4% | (24.17) |
| FY2022 | 82.5% | (12.42) |
| FY2021 | 95.0% | 3.72 |
| FY2020 | 91.2% | 10.90 |
| FY2019 | 80.3% | (2.70) |
| FY2018 | 83.0% | (4.56) |
| FY2017 | 87.6% | (1.77) |
| FY2016 | 89.4% | 0.64 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 62.7% | (1.17) |
| Jun 2026 | 63.9% | 0.67 |
| Mar 2026 | 63.2% | 1.92 |
| Dec 2025 | 61.3% | 3.05 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| HSBC HSBC Holdings plc compare | 100.0% |
| UBS UBS Group AG compare | 73.2% |
| JPM JPMorgan Chase & Co. compare | 67.3% |
| WFC Wells Fargo & Company compare | 67.0% |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 65.5% |
| BAC Bank of America Corporation | 62.8% |
| SMFG Sumitomo Mitsui Financial Group Inc compare | 60.4% |
| C Citigroup Inc. compare | 52.9% |
| SAN Banco Santander, S.A. compare | 50.2% |
| Banks Diversified industry median | 67.1% |
| Financial sector median | 69.9% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement