Bank Of America Gross Margin 2010-2024 | BAC

Bank Of America gross margin for the quarter ending September 30, 2024 was 52.09%.

  • Bank Of America average gross margin for 2023 was 65.38%, a 27.44% decline from 2022.
  • Bank Of America average gross margin for 2022 was 90.11%, a 4.71% decline from 2021.
  • Bank Of America average gross margin for 2021 was 94.56%, a 9.38% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Bank Of America Gross Margin 2010-2024 | BAC

  • Bank Of America average gross margin for 2023 was 65.38%, a 27.44% decline from 2022.
  • Bank Of America average gross margin for 2022 was 90.11%, a 4.71% decline from 2021.
  • Bank Of America average gross margin for 2021 was 94.56%, a 9.38% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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