Bank of America Corporation BAC
56.70
0.67
1.20%
as of 25 Sep
- Market cap
- $392.9B
- P/E
- 12.9×
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Bank of America Corporation (BAC) Gross margin
Bank of America Corporation's gross margin over the twelve months to 30 June 2026 was 61.7%, up 2.6 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 67.2% and below the Financial sector median of 69.9%.
Gross margin, annual
Annual
| 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
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 63.9% | 0.67 |
| Mar 2026 | 63.2% | 1.92 |
| Dec 2025 | 61.3% | 3.05 |
| Sep 2025 | 58.3% | 0.65 |
| 42 more quarters | Free account |
Against its own ten years
Low 53.9%
High 95.0%
Ten-year median
83.0%
Current reading's percentile
27
Gross margin against peers
| Company | Gross margin |
|---|---|
| HSBC HSBC Holdings plc compare | 100.0% |
| BBVA Banco Bilbao Viscaya Argentaria S.A. compare | 100.0% |
| WFC Wells Fargo & Company compare | 67.4% |
| JPM JPMorgan Chase & Co. compare | 67.0% |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 65.5% |
| BAC Bank of America Corporation | 61.7% |
| SMFG Sumitomo Mitsui Financial Group Inc compare | 60.4% |
| C Citigroup Inc. compare | 52.4% |
| SAN Banco Santander, S.A. compare | 50.2% |
| Banks Diversified industry median | 67.2% |
| Financial sector median | 69.9% |
| Market median | 46.3% |
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
More on BAC
- Revenue
- Net income
- 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
- EV/EBITDA
- EV/Sales
- 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
- The full statement