Bank Of America Operating Margin 2010-2024 | BAC
- Bank Of America average operating margin for 2023 was 20.92%, a 32.49% decline from 2022.
- Bank Of America average operating margin for 2022 was 30.99%, a 3.43% decline from 2021.
- Bank Of America average operating margin for 2021 was 32.09%, a 44.35% decline from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.