Bank of America (BAC) Operating Margin: History & Chart

Bank of America Corporation(BAC)

Banks - Diversified · Charlotte, NC

$62.28-0.40 (-0.64%)

Delayed quote: Sep 8, 2026, 11:00 AM 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 Operating Margin Metrics

OPERATING MARGIN

22.47%

OPERATING MARGIN AVG TTM

21.25%

OPERATING MARGIN AVG 3Y

18.42%

OPERATING MARGIN AVG 5Y

22.22%

OPERATING MARGIN AVG 10Y

25.16%

OPERATING MARGIN AVG 15Y

21.98%

OPERATING MARGIN AVG 20Y

19.20%

CURRENT VS TTM AVG

+5.74%

CURRENT VS 3Y AVG

+21.97%

CURRENT VS 5Y AVG

+1.13%

CURRENT VS 10Y AVG

-10.70%

CURRENT VS 15Y AVG

+2.25%

CURRENT VS 20Y AVG

+17.06%

SECTOR MEDIAN · FINANCIAL SERVICES

23.41%

median of 102 covered companies

CURRENT VS SECTOR MEDIAN

-4.02%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Bank of America Corporation (BAC)	$441.98B	22.47%	21.25%	18.42%	22.22%
Mastercard Incorporated (MA)vs ›	$499.66B	59.84%	58.73%	58.24%	56.53%
Invesco QQQ Trust, Series 1 (QQQ)vs ›	$512.29B	N/A	N/A	N/A	N/A
Morgan Stanley (MS)vs ›	$341.69B	20.70%	18.07%	18.02%	22.52%
The Goldman Sachs Group, Inc. (GS)vs ›	$305.48B	24.81%	15.98%	15.38%	21.07%
Wells Fargo & Company (WFC)vs ›	$267.74B	21.17%	19.52%	19.13%	19.19%
Citigroup Inc. (C)vs ›	$235.34B	14.18%	10.88%	12.21%	16.43%
American Express Company (AXP)vs ›	$220.49B	17.14%	17.26%	16.84%	17.11%
Vanguard Total International Stock ETF (VXUS)vs ›	$679.56B	N/A	N/A	N/A	N/A
The Toronto-Dominion Bank (TD)vs ›	$204.28B	17.92%	15.18%	19.96%	22.93%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Bank of America Corporation (BAC)

$441.98B

22.47%

21.25%

18.42%

22.22%

Mastercard Incorporated (MA)vs ›

$499.66B

59.84%

58.73%

58.24%

56.53%

Invesco QQQ Trust, Series 1 (QQQ)vs ›

$512.29B

N/A

Morgan Stanley (MS)vs ›

$341.69B

20.70%

18.07%

18.02%

22.52%

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

$305.48B

24.81%

15.98%

15.38%

21.07%

Wells Fargo & Company (WFC)vs ›

$267.74B

21.17%

19.52%

19.13%

19.19%

Citigroup Inc. (C)vs ›

$235.34B

14.18%

10.88%

12.21%

16.43%

American Express Company (AXP)vs ›

$220.49B

17.14%

17.26%

16.84%

17.11%

Vanguard Total International Stock ETF (VXUS)vs ›

$679.56B

N/A

The Toronto-Dominion Bank (TD)vs ›

$204.28B

17.92%

15.18%

19.96%

22.93%

Operating Margin FAQ

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

The operating margin for BAC stock is 22.47%.

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

The operating margin of 22.47% is in line with its 5-year average of 22.22%, around the middle of its 5-year range (7.16%–37.28%).

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

The TTM average operating margin for BAC stock is 21.25%.

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

The 3Y average operating margin for BAC stock is 18.42%.

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

The 5Y average operating margin for BAC stock is 22.22%.

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

The 10Y average operating margin for BAC stock is 25.16%.

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

The 15Y average operating margin for BAC stock is 21.98%.

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

The 20Y average operating margin for BAC stock is 19.20%.

DATE	OPERATING MARGIN
2026-06-30	23.41%
2026-03-31	21.73%
2025-12-31	25.02%
2025-09-30	19.61%
2025-06-30	16.47%
2025-03-31	17.27%
2024-12-31	15.13%
2024-09-30	14.99%
2024-06-30	15.58%
2024-03-31	15.11%
2023-12-31	7.16%
2023-09-30	18.23%
2023-06-30	18.51%
2023-03-31	22.46%
2022-12-31	22.61%
2022-09-30	27.34%
2022-06-30	27.33%
2022-03-31	32.09%
2021-12-31	33.69%
2021-09-30	37.28%
2021-06-30	35.55%
2021-03-31	38.16%
2020-12-31	28.72%
2020-09-30	20.96%
2020-06-30	15.82%
2020-03-31	16.95%
2019-12-31	30.11%
2019-09-30	24.04%
2019-06-30	30.77%
2019-03-31	30.44%
2018-12-31	30.77%
2018-09-30	32.55%
2018-06-30	31.37%
2018-03-31	31.20%
2017-12-31	26.64%
2017-09-30	30.04%
2017-06-30	31.25%
2017-03-31	29.40%
2016-12-31	26.84%
2016-09-30	30.38%
2016-06-30	28.71%
2016-03-31	21.35%
2015-12-31	21.65%
2015-09-30	26.60%
2015-06-30	29.34%
2015-03-31	18.45%
2014-12-31	20.27%
2014-09-30	1.81%
2014-06-30	11.49%
2014-03-31	-2.76%
2013-12-31	16.06%
2013-09-30	20.65%
2013-06-30	21.71%
2013-03-31	7.61%
2012-12-31	-9.43%
2012-09-30	4.58%
2012-06-30	12.08%
2012-03-31	2.75%
2011-12-31	9.30%
2011-09-30	21.93%
2011-06-30	-72.04%
2011-03-31	8.90%
2010-12-31	-8.63%
2010-09-30	-18.34%
2010-06-30	11.59%
2010-03-31	11.53%
2009-12-31	-5.27%
2009-09-30	-5.92%
2009-06-30	6.64%
2009-03-31	12.06%
2008-12-31	-17.74%
2008-09-30	4.81%
2008-06-30	16.56%
2008-03-31	6.23%
2007-12-31	-3.99%
2007-09-30	18.15%
2007-06-30	26.67%
2007-03-31	25.69%
2006-12-31	28.77%
2006-09-30	26.94%
2006-06-30	29.42%
2006-03-31	27.73%
2005-12-31	21.76%
2005-09-30	26.49%
2005-06-30	32.59%
2005-03-31	33.09%
2004-12-31	31.60%
2004-09-30	32.95%
2004-06-30	33.77%
2004-03-31	31.09%
2003-12-31	31.86%
2003-09-30	33.97%
2003-06-30	32.57%
2003-03-31	30.96%
2002-12-31	26.24%
2002-09-30	28.35%

DATE

OPERATING MARGIN

2026-06-30

23.41%

2026-03-31

21.73%

2025-12-31

25.02%

2025-09-30

19.61%

2025-06-30

16.47%

2025-03-31

17.27%

2024-12-31

15.13%

2024-09-30

14.99%

2024-06-30

15.58%

2024-03-31

15.11%

2023-12-31

7.16%

2023-09-30

18.23%

2023-06-30

18.51%

2023-03-31

22.46%

2022-12-31

22.61%

2022-09-30

27.34%

2022-06-30

27.33%

2022-03-31

32.09%

2021-12-31

33.69%

2021-09-30

37.28%

2021-06-30

35.55%

2021-03-31

38.16%

2020-12-31

28.72%

2020-09-30

20.96%

2020-06-30

15.82%

2020-03-31

16.95%

2019-12-31

30.11%

2019-09-30

24.04%

2019-06-30

30.77%

2019-03-31

30.44%

2018-12-31

30.77%

2018-09-30

32.55%

2018-06-30

31.37%

2018-03-31

31.20%

2017-12-31

26.64%

2017-09-30

30.04%

2017-06-30

31.25%

2017-03-31

29.40%

2016-12-31

26.84%

2016-09-30

30.38%

2016-06-30

28.71%

2016-03-31

21.35%

2015-12-31

21.65%

2015-09-30

26.60%

2015-06-30

29.34%

2015-03-31

18.45%

2014-12-31

20.27%

2014-09-30

1.81%

2014-06-30

11.49%

2014-03-31

-2.76%

2013-12-31

16.06%

2013-09-30

20.65%

2013-06-30

21.71%

2013-03-31

7.61%

2012-12-31

-9.43%

2012-09-30

4.58%

2012-06-30

12.08%

2012-03-31

2.75%

2011-12-31

9.30%

2011-09-30

21.93%

2011-06-30

-72.04%

2011-03-31

8.90%

2010-12-31

-8.63%

2010-09-30

-18.34%

2010-06-30

11.59%

2010-03-31

11.53%

2009-12-31

-5.27%

2009-09-30

-5.92%

2009-06-30

6.64%

2009-03-31

12.06%

2008-12-31

-17.74%

2008-09-30

4.81%

2008-06-30

16.56%

2008-03-31

6.23%

2007-12-31

-3.99%

2007-09-30

18.15%

2007-06-30

26.67%

2007-03-31

25.69%

2006-12-31

28.77%

2006-09-30

26.94%

2006-06-30

29.42%

2006-03-31

27.73%

2005-12-31

21.76%

2005-09-30

26.49%

2005-06-30

32.59%

2005-03-31

33.09%

2004-12-31

31.60%

2004-09-30

32.95%

2004-06-30

33.77%

2004-03-31

31.09%

2003-12-31

31.86%

2003-09-30

33.97%

2003-06-30

32.57%

2003-03-31

30.96%

2002-12-31

26.24%

2002-09-30

28.35%

Operating Margin: 22.47%

BAC Operating Margin

BAC Average Operating Margin Chart

BAC Current vs Average Operating Margin Chart

BAC Operating Margin Metrics

BAC Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

BAC Operating Margin History

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