Bank of America Corporation company logo
Bank of America Corporation logo

Bank of America Corporation (BAC) Operating Expenses

Annual Operating Expenses

-$37.70B$8.18B-27.69%

Summary

Current Value
As of today, BAC annual operating expenses is -$37.70B, down -27.69% on
Historical Performance
BAC annual operating expenses is down -17.18% over the past 3 years, down -90.21% over the past 5 years
All-Time High Comparison
BAC annual operating expenses is currently -1186.62% below its historical high of $3.47B set on
3-Year Low Comparison
BAC annual operating expenses is at its 3-year low
Sector Comparison
BAC annual operating expenses is higher than 0.13% of companies in Financial Services sector

Operating Expenses Chart

SUGGESTED SERIES

Performance

BAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Operating Expenses-$37.70B-27.7%-17.2%-90.2%-338.1%
Quarterly Operating Expenses-$11.57B-48.8%-39.2%-42.8%-202.5%
Price$63.25+38.8%+102.1%+62.1%+674.2%
Annual Total Expenses$161.06B-4.5%+83.0%+109.1%+22.2%
Annual Cost Of Goods Sold-
Annual Gross Profit$0.000.0%0.0%0.0%0.0%
Annual Net Income$30.51B+13.1%+10.8%+70.5%+1460.8%
Annual Revenue$194.26B-0.8%+68.1%+104.7%+50.0%

Operating Expenses Highs

BAC Annual Operating Expenses Highs Comparison
PeriodHighDateCurrent
3Y-$28.86B-30.6%
5Y-$19.82BN/A-90.2%
All$3.47B-1186.6%

Operating Expenses Lows

BAC Annual Operating Expenses Lows Comparison
PeriodLowDateCurrent
3Y-$37.70Bat low
5Y-$37.70Bat low
All-$37.70Bat low

Operating Expenses History

YearValueChange
-$37.70B-27.7%
-$29.52B-2.3%
-$28.86B+10.3%
-$32.17B+5.8%
-$34.14B-72.3%
-$19.82B+40.8%
-$33.46B+4.6%
-$35.09B-16.9%
-$30.01B-19.9%
-$25.03B-6.8%
-$23.43B-309.3%
-$5.73B+56.9%
-$13.29B-1,159.8%
-$1.06B-130.4%
$3.47B+140.3%
-$8.60B-8,970.1%
$97.00M+101.1%
-$8.82B+48.9%
-$17.27B+39.8%
-$28.70B-25.3%
-$22.92B-8.5%
-$21.13B-35.7%
-$15.57B-15.5%
YearValueChange
-$13.48B-12.2%
-$12.01B-22.5%
-$9.80B+26.7%
-$13.37B-25.1%
-$10.69B-122.3%
-$4.81B-27.4%
-$3.77B-25.4%
-$3.01B-17.8%
-$2.56B-26.4%
-$2.02B-44.8%
-$1.40B-218.0%
-$439.00M-16.2%
-$377.88M+40.2%
-$632.23M-93.5%
-$326.68M-62.5%
-$200.98M+18.2%
-$245.55M-16.5%
-$210.81M-32.4%
-$159.20M-25.9%
-$126.42M-25.1%
-$101.02M-58.5%
-$63.72M+2.0%
-$65.03M-

FAQ

What is the current annual operating expenses of BAC?
As of today, BAC annual operating expenses is -$37.70B
What is 1-year change in BAC annual operating expenses?
BAC annual operating expenses is down -27.69% year-over-year
What is 3-year change in BAC annual operating expenses?
BAC annual operating expenses is down -17.18% over the past 3 years
How far is BAC annual operating expenses from its all-time high?
BAC annual operating expenses is currently -1186.62% below its historical high of $3.47B set on December 31, 2011
How does BAC annual operating expenses rank versus sector peers?
BAC annual operating expenses is higher than 0.13% of companies in Financial Services sector
When is BAC next annual earnings release?
As of today, the next annual earnings release for BAC has not been scheduled

Operating Expenses Formula

Operating Expenses = SG&A + R&D Expenses + D&A + Other Operating Expenses

Data Sources & References

  1. BAC Official Website www.bankofamerica.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70858/000007085826000011/0000070858-26-000011-index.htm
  3. BAC Profile on Yahoo Finance finance.yahoo.com/quote/BAC
  4. BAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/bac