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Bank Of America Corporation  (BAC)
Other Ticker:  
 
    Sector  Financial    Industry Money Center Banks
   Industry Money Center Banks
   Sector  Financial
 

BAC's Revenue Growth by Quarter and Year

Bank Of America's Revenue results by quarter and year




BAC Revenue (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December - 22,060.00 20,099.00 18,759.00
III Quarter September - 22,766.00 20,336.00 22,807.00
II Quarter June - 21,466.00 22,326.00 23,084.00
I Quarter March 23,228.00 22,821.00 22,767.00 23,004.00
FY   23,228.00 89,113.00 85,528.00 87,654.00



BAC Revenue first quarter 2022 Y/Y Growth Comment
Bank Of America Corporation reported Revenue growth of 1.78% year on year in the first quarter 2022, to $ 23,228.00 millions, this is lower than Bank Of America Corporation's recent average Revenue growth of 4.72%.

Looking into first quarter 2022 results within Money Center Banks industry 19 other companies have achieved higher Revenue growth. While Bank Of America Corporation' s Revenue increase of 1.78% ranks overall at the positon no. 2211 in the first quarter 2022.




BAC Revenue ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December - 9.76 % 7.14 % -17.49 %
III Quarter September - 11.95 % -10.83 % 0.13 %
II Quarter June - -3.85 % -3.28 % 2.1 %
I Quarter March 1.78 % 0.24 % -1.03 % -0.52 %
FY   - 4.19 % -2.43 % -3.94 %

Financial Statements
Bank Of America's first quarter 2022 Revenue $ 23,228.00 millions BAC's Income Statement
Bank Of America's first quarter 2021 Revenue $ 22,821.00 millions Quarterly BAC's Income Statement
New: More BAC's historic Revenue Growth >>


BAC Revenue (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - -3.1 % -1.17 % -17.75 %
III Quarter September - 6.06 % -8.91 % -1.2 %
II Quarter June - -5.94 % -1.94 % 0.35 %
I Quarter March 5.29 % 13.54 % 21.37 % 1.18 %
FY (Year on Year)   - 4.19 % -2.43 % -3.94 %




Revenue first quarter 2022 Y/Y Growth Company Ranking
Within: No.
Money Center Banks Industry #20
Financial Sector #440
Overall #2211

Revenue Y/Y Growth Statistics
High Average Low
82.19 % 4.72 % -47.73 %
IV. Quarter   (Dec 31 2013)
Revenue first quarter 2022 Y/Y Growth Company Ranking
Within: No.
Money Center Banks Industry #20
Financial Sector #440
Overall #2211
Revenue Y/Y Growth Statistics
High Average Low
82.19 % 4.72 % -47.73 %
IV. Quarter   (Dec 31 2013)

Revenue by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Bank Of America's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
117.99 % 3.05 % -52.69 %
(March 30, 2014)  


BAC's I. Quarter Q/Q Revenue Comment
Bank Of America Corporation achieved in the I. Quarter 2022 above company average sequential Revenue increase of 5.29%, to $ 23,228.00 millions, from $22,060.00 millions in the forth quarter.

Within Money Center Banks industry 2 other companies have achieved higher Revenue quarter on quarter growth. While Bank Of America's Revenue growth quarter on quarter, overall rank is 161.


Revenue Q/Q Growth Company Ranking
Within: No.
Money Center Banks Industry #3
Financial Sector #34
Overall #161
Revenue Q/Q Growth Company Ranking
Within: No.
Money Center Banks Industry #3
Financial Sector #34
Overall #161
Revenue Q/Q Growth Statistics
High Average Low
117.99 % 3.05 % -52.69 %
(March 30, 2014)  


BAC's I. Quarter Q/Q Revenue Comment
Bank Of America Corporation achieved in the I. Quarter 2022 above company average sequential Revenue increase of 5.29%, to $ 23,228.00 millions, from $22,060.00 millions in the forth quarter.

Within Money Center Banks industry 2 other companies have achieved higher Revenue quarter on quarter growth. While Bank Of America's Revenue growth quarter on quarter, overall rank is 161.


Bank Of America's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Mar 31 2022)
12 Months Ending
(Dec 31 2021)
12 Months Ending
(Sep 30 2021)
12 Months Ending
(Jun 30 2021)
12 Months Ending
(Mar 31 2021)
Cumulative Revenue 12 Months Ending $ 89,520.00 $ 89,113.00 $ 87,152.00 $ 84,722.00 $ 85,582.00
Y / Y Revenue Growth (TTM) 4.6 % 4.19 % 3.52 % -2.24 % -2.1 %
Year on Year Revenue Growth Overall Ranking # 471 # 2657 # 2583 # 2390 # 2136
Seqeuential Revenue Change (TTM) 0.46 % 2.25 % 2.87 % -1 % 0.06 %
Seq. Revenue Growth (TTM) Overall Ranking # 472 # 2196 # 2209 # 3322 # 2632




Cumulative Revenue growth Comment
Bank Of America saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 4.6% year on year, to $ 89,520 millions if the fiscal year would have ended in Mar 31 2022.
Bank Of America's trailing twelve months Revenue growth was higher than company's average 2.68% and higher than 4.19% growth in Dec 31 2021.
But sequential rise was less at 0.46 % from $89113 millions recorded in the period from Dec 31 2021 to Mar 31 2021 Brandon Johnson continued.
Still it was evidence of positive momentum, as the typical Q/Q TTM growth stands at -0.42%.
The progress was much higher from the previous reporting period exhibited at 0.46 % jump from $89113 millions in the period from Dec 31 2021 to Mar 31 2021.

In the Financial sector 87 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 471, from total ranking in previous quarter at 2657.

Revenue TTM Q/Q Growth Statistics
High Average Low
14.65 %
-0.42 %
-43.74 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Money Center Banks Industry # 5
Financial Sector # 88
Overall # 471

Revenue TTM Y/Y Growth Statistics
High Average Low
36.78 %
2.68 %
-18.43 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 76
S&P 500 # 472
Cumulative Revenue growth Comment
Bank Of America saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 4.6% year on year, to $ 89,520 millions if the fiscal year would have ended in Mar 31 2022.
Bank Of America's trailing twelve months Revenue growth was higher than company's average 2.68% and higher than 4.19% growth in Dec 31 2021.
But from the previous reporting period increase was slower at 0.46 % from $89113 millions reported in twelve months ending a quarter Dec 31 2021 Brandon Johnson went on.
Still it was evidence of strength, while the usual Q/Q TTM Revenue gain lays at -0.42%.
The progress was much higher from twelve months ended Dec 31 2021 showed at 0.46 % increase from $89113 millions in the period from Dec 31 2021 to Mar 31 2021.

In the Financial sector 87 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 471, from total ranking in previous quarter at 2657.

Revenue TTM Q/Q Growth Statistics
High Average Low
14.65 %
-0.42 %
-43.74 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Money Center Banks Industry # 5
Financial Sector # 88
Overall # 471

Revenue TTM Y/Y Growth Statistics
High Average Low
36.78 %
2.68 %
-18.43 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 76
S&P 500 # 472




Other Revenue Growth
Money Center Banks Industry Revenue Growth Trends and Statistics
Financial Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
BAC's Revenue Growth Ratio versus Money Center Banks Industry, Financial Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for BAC's Competitors
Revenue Growth for Bank Of America's Suppliers
Revenue Growth for BAC's Customers

You may also want to know
BAC's Annual Growth Rates BAC's Profitability Ratios BAC's Asset Turnover Ratio BAC's Dividend Growth
BAC's Roe BAC's Valuation Ratios BAC's Financial Strength Ratios BAC's Dividend Payout Ratio
BAC's Roa BAC's Inventory Turnover Ratio BAC's Growth Rates BAC's Dividend Comparisons



Companies with similar Revenue increase for the quarter ending Mar 31 2022 within Financial SectorY/Y Change %Revenue for the quarter ending Mar 31 2022
Selectquote Inc 3.07%$ 3.068 millions
First Northern Community Bancorp3.06%$ 3.063 millions
Nbt Bancorp Inc2.96%$ 2.962 millions
First Merchants Corp2.94%$ 2.938 millions
Trustco Bank Corp Ny2.93%$ 2.929 millions
Wvs Financial Corp2.79%$ 2.786 millions
City Holding Company2.77%$ 2.765 millions
Cambridge Bancorp2.76%$ 2.765 millions
Kemper Corporation2.71%$ 2.714 millions
Meta Financial Group Inc 2.71%$ 2.707 millions
Strategic Realty Trust Inc 2.66%$ 2.657 millions
Blackrock Inc 2.58%$ 2.578 millions
Columbia Financial Inc 2.54%$ 2.541 millions
Mid southern Bancorp inc 2.49%$ 2.489 millions
Western New England Bancorp Inc 2.46%$ 2.462 millions
Alleghany Corp2.45%$ 2.450 millions
Hancock Whitney Corporation2.40%$ 2.399 millions
Starwood Property Trust inc 2.35%$ 2.354 millions
Connectone Bancorp Inc 2.28%$ 2.284 millions
First Bancshares Inc2.25%$ 2.248 millions
First Financial Bancorp2.16%$ 2.160 millions
Pacific Premier Bancorp Inc2.11%$ 2.108 millions
Fidelity National Financial Inc 2.10%$ 2.097 millions
Assurant Inc 2.06%$ 2.060 millions
Uniti Group Inc 2.00%$ 1.999 millions
Price T Rowe Group Inc1.98%$ 1.982 millions
National Bankshares Inc1.96%$ 1.958 millions
Enterprise Bancorp inc 1.94%$ 1.937 millions
The First Of Long Island Corporation1.89%$ 1.893 millions
Gcm Grosvenor Inc 1.85%$ 1.849 millions


       
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