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Bank Of America Corporation (BAC) |
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BAC's Operating Income Growth by Quarter and Year
Bank Of America's Operating Income results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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| BAC Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
| IV Quarter |
December |
-
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8,989.00
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7,329.00
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6,172.00
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| III Quarter |
September |
9,329.00
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9,199.00
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8,326.00
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5,935.00
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| II Quarter |
June |
9,159.00
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7,415.00
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6,421.00
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8,916.00
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| I Quarter |
March |
10,020.00
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7,909.00
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7,306.00
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9,292.00
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| FY |
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28,508.00
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33,512.00
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29,382.00
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30,315.00
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| BAC Operating Income third quarter 2023 Y/Y Growth Comment |
Bank Of America Corporation achieved in the third quarter 2023, above Company average Operating Income improvement of 1.41% year on year, to $ 9,329.00 millions.
Looking into third quarter 2023 results within Commercial Banks industry 7 other companies have achieved higher Operating Income growth. While Bank Of America Corporation' s Operating Income increase of 1.41% ranks overall at the positon no. 390 in the third quarter 2023.
Explain Operating Income growth
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| BAC Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
22.65 % |
18.75 % |
11.81 % |
| III Quarter |
September |
1.41 % |
10.49 % |
40.29 % |
-22.3 % |
| II Quarter |
June |
23.52 % |
15.48 % |
-27.98 % |
-9.17 % |
| I Quarter |
March |
26.69 % |
8.25 % |
-21.37 % |
-4.99 % |
| FY |
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- |
14.06 % |
-3.08 % |
-7.45 % |
BAC Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
-2.28 % |
-11.97 % |
3.99 % |
| III Quarter |
September |
1.86 % |
24.06 % |
29.67 % |
-33.43 % |
| II Quarter |
June |
-8.59 % |
-6.25 % |
-12.11 % |
-4.05 % |
| I Quarter |
March |
11.47 % |
7.91 % |
18.37 % |
68.33 % |
| FY (Year on Year) |
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14.06 % |
-3.08 % |
-7.45 % |
| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 542.19 % |
-17.37 % |
-833.53 % |
| (Dec 31 2013) |
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(Sep. 30, 2011) |
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| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 542.19 % |
-17.37 % |
-833.53 % |
| (Dec 31 2013) |
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(Sep. 30, 2011) |
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| Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Bank Of America's Q/Q Operating Income Growth
| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 418.65 % |
13.93 % |
-100 % |
| IV. Quarter |
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| BAC's III. Quarter Q/Q Operating Income Comment |
Bank Of America Corporation achieved in the III. Quarter 2023 below company average Operating Income growth of 1.86% quarter on quarter, to $ 9,329.00 millions.
Within Commercial Banks industry 7 other companies have achieved higher Operating Income quarter on quarter growth. While Bank Of America's Operating Income growth quarter on quarter, overall rank is 383. |
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| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 418.65 % |
13.93 % |
-100 % |
| IV. Quarter |
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| BAC's III. Quarter Q/Q Operating Income Comment |
Bank Of America Corporation achieved in the III. Quarter 2023 below company average Operating Income growth of 1.86% quarter on quarter, to $ 9,329.00 millions.
Within Commercial Banks industry 7 other companies have achieved higher Operating Income quarter on quarter growth. While Bank Of America's Operating Income growth quarter on quarter, overall rank is 383. |
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Bank Of America's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending
(Sep 30 2023) |
12 Months Ending
(Jun 30 2023) |
12 Months Ending
(Mar 31 2023) |
12 Months Ending
(Dec 31 2022) |
12 Months Ending
(Sep 30 2022) |
| Cumulative Operating Income 12 Months Ending |
$ 37,497.00 |
$ 37,367.00 |
$ 35,623.00 |
$ 33,512.00 |
$ 31,852.00 |
| Y / Y Operating Income Growth (TTM) |
17.72 % |
20.62 % |
18.8 % |
14.06 % |
12.85 % |
| Year on Year Operating Income Growth Overall
Ranking |
# 289 |
# 738 |
# 867 |
# 1421 |
# 904 |
| Seqeuential Operating Income Change (TTM) |
0.35 % |
4.9 % |
6.3 % |
5.21 % |
2.82 % |
| Seq. Operating Income Growth (TTM) Overall
Ranking |
# 390 |
# 405 |
# 1051 |
# 1244 |
# 1024 |
| Cumulative Operating Income growth
Comment |
Assuming the Bank Of America's fiscal year would have ended in Sep 30 2023, Bank Of America would have reprted above average annual Operating Income increase of 17.72% year on year, of $ 37,497 millions.
This marks a slow-down of the companys growth trends and from the 20.62% improvement in Jun 30 2023.
In the Financial sector 58 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 289, from total ranking in previous quarter at 738. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
542.19 % |
-17.37 % |
-833.53 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
542.19 % |
-17.37 % |
-833.53 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 8 |
| Sector |
# 82 |
| S&P 500 |
# 390 |
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| Cumulative Operating Income growth
Comment |
Assuming the Bank Of America's fiscal year would have ended in Sep 30 2023, Bank Of America would have reprted above average annual Operating Income increase of 17.72% year on year, of $ 37,497 millions.
This marks a slow-down of the companys growth trends and from the 20.62% improvement in Jun 30 2023.
In the Financial sector 58 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 289, from total ranking in previous quarter at 738. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
542.19 % |
-17.37 % |
-833.53 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
542.19 % |
-17.37 % |
-833.53 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 8 |
| Sector |
# 82 |
| S&P 500 |
# 390 |
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2.32%