Bank of America Corporation BAC
- Market cap
- $392.9B
- P/E
- 12.9×
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Bank of America Corporation (BAC) Return on equity
Bank of America Corporation's return on equity over the twelve months to 30 June 2026 was 11.6%, up 1.0 percentage points from fiscal 2025 (10.6%). Over the past ten years it has ranged from 6.30% (fiscal 2015) to 12.4% (fiscal 2021); the current reading is higher than 64% of that period. That is in line with the Banks Diversified industry median of 11.1% and above the Financial sector median of 9.01%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 10.6% | 1.11 |
| FY2024 | 9.49% | (0.22) |
| FY2023 | 9.71% | (0.90) |
| FY2022 | 10.6% | (1.77) |
| FY2021 | 12.4% | 5.65 |
| FY2020 | 6.73% | (4.00) |
| FY2019 | 10.7% | (0.21) |
| FY2018 | 10.9% | 4.10 |
| FY2017 | 6.84% | 0.04 |
| FY2016 | 6.80% | 0.50 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| JPM JPMorgan Chase & Co. compare | 18.4% |
| BBVA Banco Bilbao Viscaya Argentaria S.A. compare | 17.5% |
| SAN Banco Santander, S.A. compare | 14.7% |
| WFC Wells Fargo & Company compare | 13.0% |
| BAC Bank of America Corporation | 11.6% |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 10.1% |
| SMFG Sumitomo Mitsui Financial Group Inc compare | 9.85% |
| C Citigroup Inc. compare | 8.38% |
| HSBC HSBC Holdings plc compare | 0.00% |
| Banks Diversified industry median | 11.1% |
| Financial sector median | 9.01% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on BAC
- Revenue
- Net income
- Free cash flow
- Operating cash flow
- Gross margin
- 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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement