Bank of America (BAC) Gross Profit Margin: History & Chart

Bank of America Corporation(BAC)

Banks - Diversified · Charlotte, NC

$62.39+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

About Bank of America Corporation

Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clientele includes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies, including specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products, including commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.

Charlotte, NC

211,000 employees

www.bankofamerica.com

Financial Services / Banks - Diversified

Sector: Financial Services
Industry: Banks - Diversified
CEO: Brian T. Moynihan

View full financials

BAC Gross Margin Metrics

GROSS MARGIN

59.32%

GROSS MARGIN AVG TTM

58.11%

GROSS MARGIN AVG 3Y

54.04%

GROSS MARGIN AVG 5Y

66.14%

GROSS MARGIN AVG 10Y

73.97%

GROSS MARGIN AVG 15Y

75.87%

GROSS MARGIN AVG 20Y

69.43%

CURRENT VS TTM AVG

+2.09%

CURRENT VS 3Y AVG

+9.77%

CURRENT VS 5Y AVG

-10.32%

CURRENT VS 10Y AVG

-19.80%

CURRENT VS 15Y AVG

-21.81%

CURRENT VS 20Y AVG

-14.56%

SECTOR MEDIAN · FINANCIAL SERVICES

58.58%

median of 102 covered companies

CURRENT VS SECTOR MEDIAN

+1.27%

vs the sector median at left

NAME	MARKET CAP	GROSS MARGIN	TTM	3Y	5Y
Bank of America Corporation (BAC)	$442.76B	59.32%	58.11%	54.04%	66.14%
Mastercard Incorporated (MA)vs ›	$500.69B	100.00%	100.00%	100.00%	100.00%
Invesco QQQ Trust, Series 1 (QQQ)vs ›	$511.86B	N/A	N/A	N/A	N/A
Morgan Stanley (MS)vs ›	$341.18B	59.72%	56.34%	62.35%	72.96%
The Goldman Sachs Group, Inc. (GS)vs ›	$305.78B	47.48%	44.30%	48.82%	60.59%
Wells Fargo & Company (WFC)vs ›	$266.04B	64.50%	63.48%	70.30%	75.77%
Citigroup Inc. (C)vs ›	$234.50B	46.63%	43.13%	49.79%	59.91%
American Express Company (AXP)vs ›	$220.22B	84.35%	82.56%	84.69%	86.88%
Vanguard Total International Stock ETF (VXUS)vs ›	$676.99B	N/A	N/A	N/A	N/A
The Toronto-Dominion Bank (TD)vs ›	$203.62B	54.21%	46.33%	53.84%	61.73%

NAME

MARKET CAP

GROSS MARGIN

TTM

Bank of America Corporation (BAC)

$442.76B

59.32%

58.11%

54.04%

66.14%

Mastercard Incorporated (MA)vs ›

$500.69B

100.00%

Invesco QQQ Trust, Series 1 (QQQ)vs ›

$511.86B

N/A

Morgan Stanley (MS)vs ›

$341.18B

59.72%

56.34%

62.35%

72.96%

The Goldman Sachs Group, Inc. (GS)vs ›

$305.78B

47.48%

44.30%

48.82%

60.59%

Wells Fargo & Company (WFC)vs ›

$266.04B

64.50%

63.48%

70.30%

75.77%

Citigroup Inc. (C)vs ›

$234.50B

46.63%

43.13%

49.79%

59.91%

American Express Company (AXP)vs ›

$220.22B

84.35%

82.56%

84.69%

86.88%

Vanguard Total International Stock ETF (VXUS)vs ›

$676.99B

N/A

The Toronto-Dominion Bank (TD)vs ›

$203.62B

54.21%

46.33%

53.84%

61.73%

Gross Margin FAQ

What is the gross margin for Bank of America Corporation (BAC)?

The gross margin for BAC stock is 59.32%.

Is Bank of America Corporation's gross margin high or low?

The gross margin of 59.32% is 10% below its 5-year average of 66.14%, near the low end of its 5-year range (47.79%–102.06%).

What is the TTM average gross margin for Bank of America Corporation (BAC)?

The TTM average gross margin for BAC stock is 58.11%.

What is the 3Y average gross margin for Bank of America Corporation (BAC)?

The 3Y average gross margin for BAC stock is 54.04%.

What is the 5Y average gross margin for Bank of America Corporation (BAC)?

The 5Y average gross margin for BAC stock is 66.14%.

What is the 10Y average gross margin for Bank of America Corporation (BAC)?

The 10Y average gross margin for BAC stock is 73.97%.

What is the 15Y average gross margin for Bank of America Corporation (BAC)?

The 15Y average gross margin for BAC stock is 75.87%.

What is the 20Y average gross margin for Bank of America Corporation (BAC)?

The 20Y average gross margin for BAC stock is 69.43%.

DATE	GROSS MARGIN
2026-06-30	61.13%
2026-03-31	60.42%
2025-12-31	60.12%
2025-09-30	55.56%
2025-06-30	53.30%
2025-03-31	55.09%
2024-12-31	50.88%
2024-09-30	48.71%
2024-06-30	49.19%
2024-03-31	50.96%
2023-12-31	47.79%
2023-09-30	53.89%
2023-06-30	55.47%
2023-03-31	62.59%
2022-12-31	67.11%
2022-09-30	77.75%
2022-06-30	87.89%
2022-03-31	94.49%
2021-12-31	97.18%
2021-09-30	97.43%
2021-06-30	102.06%
2021-03-31	102.76%
2020-12-31	94.08%
2020-09-30	87.34%
2020-06-30	71.65%
2020-03-31	67.35%
2019-12-31	78.89%
2019-09-30	77.19%
2019-06-30	76.33%
2019-03-31	76.36%
2018-12-31	77.23%
2018-09-30	79.66%
2018-06-30	80.18%
2018-03-31	82.66%
2017-12-31	80.84%
2017-09-30	82.91%
2017-06-30	85.05%
2017-03-31	86.00%
2016-12-31	85.17%
2016-09-30	86.45%
2016-06-30	85.54%
2016-03-31	84.90%
2015-12-31	83.44%
2015-09-30	85.94%
2015-06-30	86.08%
2015-03-31	86.01%
2014-12-31	87.13%
2014-09-30	86.26%
2014-06-30	86.27%
2014-03-31	84.33%
2013-12-31	86.37%
2013-09-30	85.46%
2013-06-30	82.28%
2013-03-31	80.25%
2012-12-31	71.27%
2012-09-30	76.01%
2012-06-30	76.13%
2012-03-31	73.08%
2011-12-31	70.77%
2011-09-30	73.88%
2011-06-30	49.32%
2011-03-31	69.40%
2010-12-31	73.65%
2010-09-30	65.35%
2010-06-30	56.24%
2010-03-31	58.15%
2009-12-31	39.89%
2009-09-30	43.65%
2009-06-30	40.43%
2009-03-31	48.33%
2008-12-31	20.54%
2008-09-30	45.87%
2008-06-30	48.74%
2008-03-31	38.08%
2007-12-31	23.11%
2007-09-30	47.66%
2007-06-30	54.87%
2007-03-31	55.57%
2006-12-31	50.49%
2006-09-30	56.22%
2006-06-30	59.59%
2006-03-31	60.73%
2005-12-31	54.96%
2005-09-30	60.14%
2005-06-30	65.17%
2005-03-31	68.68%
2004-12-31	72.18%
2004-09-30	73.91%
2004-06-30	75.67%
2004-03-31	73.59%
2003-12-31	74.98%
2003-09-30	74.44%
2003-06-30	72.88%
2003-03-31	71.33%
2002-12-31	67.00%
2002-09-30	68.20%

DATE

GROSS MARGIN

2026-06-30

61.13%

2026-03-31

60.42%

2025-12-31

60.12%

2025-09-30

55.56%

2025-06-30

53.30%

2025-03-31

55.09%

2024-12-31

50.88%

2024-09-30

48.71%

2024-06-30

49.19%

2024-03-31

50.96%

2023-12-31

47.79%

2023-09-30

53.89%

2023-06-30

55.47%

2023-03-31

62.59%

2022-12-31

67.11%

2022-09-30

77.75%

2022-06-30

87.89%

2022-03-31

94.49%

2021-12-31

97.18%

2021-09-30

97.43%

2021-06-30

102.06%

2021-03-31

102.76%

2020-12-31

94.08%

2020-09-30

87.34%

2020-06-30

71.65%

2020-03-31

67.35%

2019-12-31

78.89%

2019-09-30

77.19%

2019-06-30

76.33%

2019-03-31

76.36%

2018-12-31

77.23%

2018-09-30

79.66%

2018-06-30

80.18%

2018-03-31

82.66%

2017-12-31

80.84%

2017-09-30

82.91%

2017-06-30

85.05%

2017-03-31

86.00%

2016-12-31

85.17%

2016-09-30

86.45%

2016-06-30

85.54%

2016-03-31

84.90%

2015-12-31

83.44%

2015-09-30

85.94%

2015-06-30

86.08%

2015-03-31

86.01%

2014-12-31

87.13%

2014-09-30

86.26%

2014-06-30

86.27%

2014-03-31

84.33%

2013-12-31

86.37%

2013-09-30

85.46%

2013-06-30

82.28%

2013-03-31

80.25%

2012-12-31

71.27%

2012-09-30

76.01%

2012-06-30

76.13%

2012-03-31

73.08%

2011-12-31

70.77%

2011-09-30

73.88%

2011-06-30

49.32%

2011-03-31

69.40%

2010-12-31

73.65%

2010-09-30

65.35%

2010-06-30

56.24%

2010-03-31

58.15%

2009-12-31

39.89%

2009-09-30

43.65%

2009-06-30

40.43%

2009-03-31

48.33%

2008-12-31

20.54%

2008-09-30

45.87%

2008-06-30

48.74%

2008-03-31

38.08%

2007-12-31

23.11%

2007-09-30

47.66%

2007-06-30

54.87%

2007-03-31

55.57%

2006-12-31

50.49%

2006-09-30

56.22%

2006-06-30

59.59%

2006-03-31

60.73%

2005-12-31

54.96%

2005-09-30

60.14%

2005-06-30

65.17%

2005-03-31

68.68%

2004-12-31

72.18%

2004-09-30

73.91%

2004-06-30

75.67%

2004-03-31

73.59%

2003-12-31

74.98%

2003-09-30

74.44%

2003-06-30

72.88%

2003-03-31

71.33%

2002-12-31

67.00%

2002-09-30

68.20%

Gross Margin: 59.32%

BAC Gross Margin

BAC Average Gross Margin Chart

BAC Current vs Average Gross Margin Chart

BAC Gross Margin Metrics

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Gross Margin Analysis

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Gross Margin FAQ

BAC Gross Margin History

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