TTM
18.1%
YoY change
+1.83pp
Trough year (2010)
-1.7%
Peak year (2021)
34.1%
Latest annual
15.9%
Net Profit Margin history chart for Bank of America (BAC) from 1992 to 2025
Latest: 15.9%
Net Profit Margin change chart for Bank of America (BAC) from 1992 to 2025
Latest: +1.83pp
Net Profit Margin history table for Bank of America (BAC) from 1992 to 2025
| 2025 | 15.9% | +1.83pp | ||
| 2024 | 14.1% | -1.32pp | ||
| 2023 | 15.4% | -8.50pp | ||
| 2022 | 23.9% | -10.15pp | ||
| 2021 | 34.1% | +14.99pp | ||
| 2020 | 19.1% | -5.06pp | ||
| 2019 | 24.1% | -1.53pp | ||
| 2018 | 25.7% | +7.35pp | ||
| 2017 | 18.3% | -0.70pp | ||
| 2016 | 19.0% | +2.01pp | ||
| 2015 | 17.0% | +11.31pp | ||
| 2014 | 5.7% | -5.87pp | ||
| 2013 | 11.6% | +7.30pp | ||
| 2012 | 4.3% | +2.93pp | ||
| 2011 | 1.3% | +3.08pp | ||
| 2010 | -1.7% | -6.20pp | ||
| 2009 | 4.5% | +0.91pp | ||
| 2008 | 3.6% | -9.40pp | ||
| 2007 | 13.0% | -5.65pp | ||
| 2006 | 18.6% | -1.27pp | ||
| 2005 | 19.9% | -1.70pp | ||
| 2004 | 21.6% | -0.49pp | ||
| 2003 | 22.1% | +2.11pp | ||
| 2002 | 19.9% | +7.16pp | ||
| 2001 | 12.8% | -0.22pp | ||
| 2000 | 13.0% | -2.25pp | ||
| 1999 | 15.3% | +5.29pp | ||
| 1998 | 10.0% | -3.28pp | ||
| 1997 | 13.3% | -0.14pp | ||
| 1996 | 13.4% | +1.44pp | ||
| 1995 | 12.0% | -0.92pp | ||
| 1994 | 12.9% | -1.57pp | ||
| 1993 | 14.4% | +2.93pp | ||
| 1992 | 11.5% | — |
- 202515.9%+1.83pp
- 202414.1%-1.32pp
- 202315.4%-8.50pp
- 202223.9%-10.15pp
- 202134.1%+14.99pp
- 202019.1%-5.06pp
- 201924.1%-1.53pp
- 201825.7%+7.35pp
- 201718.3%-0.70pp
- 201619.0%+2.01pp
- 201517.0%+11.31pp
- 20145.7%-5.87pp
- 201311.6%+7.30pp
- 20124.3%+2.93pp
- 20111.3%+3.08pp
- 2010-1.7%-6.20pp
- 20094.5%+0.91pp
- 20083.6%-9.40pp
- 200713.0%-5.65pp
- 200618.6%-1.27pp
- 200519.9%-1.70pp
- 200421.6%-0.49pp
- 200322.1%+2.11pp
- 200219.9%+7.16pp
- 200112.8%-0.22pp
- 200013.0%-2.25pp
- 199915.3%+5.29pp
- 199810.0%-3.28pp
- 199713.3%-0.14pp
- 199613.4%+1.44pp
- 199512.0%-0.92pp
- 199412.9%-1.57pp
- 199314.4%+2.93pp
- 199211.5%—
Net Profit Margin values are taken from Bank of America's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's latest reported net margin is 18.1%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Bank of America (BAC) net margin is 15.93% – expanded 1.8 percentage points year-over-year.
The record annual net margin stands at 34.07%, reached in 2021; the historical low of -1.74% was recorded in 2010.
Bank of America Net Profit Margin by Year
Bank of America Net Profit Margin 2025: 15.9%
Bank of America net margin in 2025 was 15.93%, expanded 1.8 percentage points from 2024.
Bank of America Net Profit Margin 2024: 14.1%
2024's net margin for Bank of America came in at 14.10%, contracted 1.3 percentage points from 2023.
Bank of America Net Profit Margin 2023: 15.4%
Bank of America posted net margin of 15.42% in 2023, contracted 8.5 percentage points from 2022.
Bank of America Net Profit Margin 2022: 23.9%
In 2022, Bank of America reported net margin of 23.93%, contracted 10.1 percentage points from 2021.
Bank of America Net Profit Margin 2021: 34.1%
Bank of America net margin in 2021 was 34.07%.
See more financial history for Bank of America (BAC).
Sector peers by Net Profit Margin
Financial Services peers of Bank of America (BAC), ranked by their latest net margin
| 51.7% | |
| 45.9% | |
| 20.7% | |
| 19.3% | |
| 17.3% | |
| 16.3% | |
| 15.1% | |
| 9.3% |
- 51.7%
- 45.9%
- 20.7%
- 17.3%
- 16.3%
- 15.1%
- 9.3%
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