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Bank Of America Corporation  (BAC)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial 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 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 24,532.00 22,060.00 20,099.00
III Quarter September - 24,502.00 22,766.00 20,336.00
II Quarter June 25,197.00 22,688.00 21,466.00 22,326.00
I Quarter March 26,258.00 23,228.00 22,821.00 22,767.00
FY   51,455.00 94,950.00 89,113.00 85,528.00



BAC Revenue second quarter 2023 Y/Y Growth Comment
Bank Of America Corporation achieved in the second quarter 2023, above Company average Revenue increase of 11.06% year on year, to $ 25,197.00 millions.

Looking into second quarter 2023 results within Commercial Banks industry 27 other companies have achieved higher Revenue growth. While Bank Of America Corporation' s Revenue growth of 11.06% ranks overall at the positon no. 1314 in the second quarter 2023.




BAC Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 11.21 % 9.76 % 7.14 %
III Quarter September - 7.63 % 11.95 % -10.83 %
II Quarter June 11.06 % 5.69 % -3.85 % -3.28 %
I Quarter March 13.04 % 1.78 % 0.24 % -1.03 %
FY   - 6.55 % 4.19 % -2.43 %

Financial Statements
Bank Of America's second quarter 2023 Revenue $ 25,197.00 millions BAC's Income Statement
Bank Of America's second quarter 2022 Revenue $ 22,688.00 millions Quarterly BAC's Income Statement
New: More BAC's historic Revenue Growth >>


BAC Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 0.12 % -3.1 % -1.17 %
III Quarter September - 8 % 6.06 % -8.91 %
II Quarter June -4.04 % -2.32 % -5.94 % -1.94 %
I Quarter March 7.04 % 5.29 % 13.54 % 21.37 %
FY (Year on Year)   - 6.55 % 4.19 % -2.43 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #28
Financial Sector #296
Overall #1314

Revenue Y/Y Growth Statistics
High Average Low
82.19 % 5.06 % -47.73 %
IV. Quarter   (Dec 31 2013)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #28
Financial Sector #296
Overall #1314
Revenue Y/Y Growth Statistics
High Average Low
82.19 % 5.06 % -47.73 %
IV. Quarter   (Dec 31 2013)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Bank Of America's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
117.99 % 2.96 % -52.69 %
(March 30, 2014)  


BAC's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Bank Of America Corporation disclosed fall in Revenue from the previous quarter by -4.04% to $ 25,197.00 millions, from $ 26,258.00 millions released in the previous quarter.

But that's not big concern, as Revenue generally tend to plunge in the II. Quarter.

Within Commercial Banks industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Bank Of America's Revenue growth quarter on quarter, overall rank is 2539.


Revenue Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #51
Financial Sector #582
Overall #2539
Revenue Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #51
Financial Sector #582
Overall #2539
Revenue Q/Q Growth Statistics
High Average Low
117.99 % 2.96 % -52.69 %
(March 30, 2014)  


BAC's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Bank Of America Corporation reported fall in Revenue sequentially by -4.04% to $ 25,197.00 millions, from $ 26,258.00 millions achived a quarter before.

When you look into current shortcoming in the II. Quarter 2023, you should presume, that usually II. Quarter 2023 results occur softer in contrast to the preciding period, Silke Martin, a business observer said.

Within Commercial Banks industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Bank Of America's Revenue growth quarter on quarter, overall rank is 2539.


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


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 100,489.00 $ 97,980.00 $ 94,950.00 $ 92,478.00 $ 90,742.00
Y / Y Revenue Growth (TTM) 10.74 % 9.45 % 6.55 % 6.11 % 7.11 %
Year on Year Revenue Growth Overall Ranking # 1765 # 2070 # 2268 # 361 # 398
Seqeuential Revenue Change (TTM) 2.56 % 3.19 % 2.67 % 1.91 % 1.37 %
Seq. Revenue Growth (TTM) Overall Ranking # 431 # 2464 # 2408 # 1870 # 406




Cumulative Revenue growth Comment
Bank Of America saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 10.74% year on year, to $ 100,489 millions if the fiscal year would have ended in Jun 30 2023.
Bank Of America's trailing twelve months Revenue growth was higher than company's average 3.05% and higher than 9.45% growth in Mar 31 2023.
But from the previous reporting period rise was slower at 2.56 % from $97980 millions recorded in twelve months ending a quarter Mar 31 2023 Silke Martin went on.
There is drop-off in progress, more obvious if you pay attention to the When you typical sequential historic increase what is stronger at3.05%.
The growth is even stronger from twelve months ended Mar 31 2023 clinched at 2.56 % rise from $97980 millions in the period from Mar 31 2023 to Jun 30 2022.

In the Financial sector 379 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 1765, from total ranking in previous quarter at 2070.

Revenue TTM Q/Q Growth Statistics
High Average Low
36.78 %
3.05 %
-18.43 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 6
Financial Sector # 380
Overall # 1765

Revenue TTM Y/Y Growth Statistics
High Average Low
36.78 %
3.05 %
-18.43 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 6
Sector # 85
S&P 500 # 431
Cumulative Revenue growth Comment
Bank Of America saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 10.74% year on year, to $ 100,489 millions if the fiscal year would have ended in Jun 30 2023.
Bank Of America's trailing twelve months Revenue growth was higher than company's average 3.05% and higher than 9.45% growth in Mar 31 2023.
But from twelve months ended Mar 31 2023 increase was less at 2.56 % from $97980 millions achieved in the period from Mar 31 2023 to Jun 30 2022 Silke Martin added on.
It appears to be stagnation developing, more evident as we look at When you average Q/Q TTM historic rise which is higher at 3.05% Silke Martin published.
The progress was much higher from the previous reporting period showed at 2.56 % jump from $97980 millions in twelve months ending a quarter before.

In the Financial sector 379 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 1765, from total ranking in previous quarter at 2070.

Revenue TTM Q/Q Growth Statistics
High Average Low
36.78 %
3.05 %
-18.43 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 6
Financial Sector # 380
Overall # 1765

Revenue TTM Y/Y Growth Statistics
High Average Low
36.78 %
3.05 %
-18.43 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 6
Sector # 85
S&P 500 # 431




Other Revenue Growth
Commercial Banks Industry Revenue Growth Trends and Statistics
Financial Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
BAC's Revenue Growth Ratio versus Commercial 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



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Apartment Income Reit Corp 16.93%$ 16.926 millions
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