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Bank Of America Corporation (BAC) |
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BAC's Revenue Growth by Quarter and Year
Bank Of America's Revenue results by quarter and year
Select the Comparisons :
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Select the Ratio:
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BAC Revenue (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
-
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24,532.00
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22,060.00
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20,099.00
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III Quarter |
September |
-
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24,502.00
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22,766.00
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20,336.00
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II Quarter |
June |
25,197.00
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22,688.00
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21,466.00
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22,326.00
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I Quarter |
March |
26,258.00
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23,228.00
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22,821.00
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22,767.00
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FY |
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51,455.00
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94,950.00
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89,113.00
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85,528.00
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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.
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BAC Revenue ( Y/Y Growth %) |
2023
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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 |
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- |
6.55 % |
4.19 % |
-2.43 % |
BAC Revenue (Quarter on Quarter Growth %) |
2023
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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) |
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- |
6.55 % |
4.19 % |
-2.43 % |
Revenue Y/Y Growth Statistics |
High |
Average |
Low |
82.19 % |
5.06 % |
-47.73 % |
IV. Quarter |
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(Dec 31 2013) |
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Revenue Y/Y Growth Statistics |
High |
Average |
Low |
82.19 % |
5.06 % |
-47.73 % |
IV. Quarter |
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(Dec 31 2013) |
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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) |
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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. |
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Revenue Q/Q Growth Statistics |
High |
Average |
Low |
117.99 % |
2.96 % |
-52.69 % |
(March 30, 2014) |
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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. |
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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 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
36.78 % |
3.05 % |
-18.43 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 6 |
Sector |
# 85 |
S&P 500 |
# 431 |
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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 % |
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Revenue TTM Y/Y Growth Statistics |
High |
Average |
Low |
36.78 % |
3.05 % |
-18.43 % |
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Revenue TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 6 |
Sector |
# 85 |
S&P 500 |
# 431 |
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