• Bank Of America average return on assets for 2023 was 0.87, a 1.16% decline from 2022.
• Bank Of America average return on assets for 2022 was 0.86, a 4.44% increase from 2021.
• Bank Of America average return on assets for 2021 was 0.9, a 21.62% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.