How much revenue did Bank of America generate this year?
Bank of America has achieved a revenue of 101.55 B USD this year.
Bank of America Revenue 2024
Bank of America Revenue
101.55 B USD
Bank of America Dividend yield
2.4 %
Ticker
BAC
ISIN
US0605051046
WKN
858388
In 2024, Bank of America's sales reached 101.55 B USD, a -40.93% difference from the 171.91 B USD sales recorded in the previous year.
The Bank of America Revenue history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) |
|---|---|---|
| 2029e | 116.7 | - |
| 2028e | 113.28 | - |
| 2027e | 109.6 | - |
| 2026e | 109.06 | - |
| 2025e | 104.47 | - |
| 2024e | 101.55 | - |
| 2023 | 171.91 | - |
| 2022 | 115.05 | - |
| 2021 | 93.85 | - |
| 2020 | 93.75 | - |
| 2019 | 113.59 | - |
| 2018 | 109.63 | - |
| 2017 | 99.47 | - |
| 2016 | 93.66 | - |
| 2015 | 93.51 | - |
| 2014 | 96.83 | - |
| 2013 | 101.7 | - |
| 2012 | 100.08 | - |
| 2011 | 115.07 | - |
| 2010 | 134.19 | - |
| 2009 | 150.45 | - |
| 2008 | 113.11 | - |
| 2007 | 119.7 | - |
| 2006 | 116.77 | - |
| 2005 | 85.06 | - |
| 2004 | 65.68 | - |
Bank of America Aktienanalyse
What does Bank of America do?
Bank of America Corp is an American multinational bank holding company headquartered in Charlotte, North Carolina. It is one of the largest banks in the world and offers a wide range of financial services and products to individuals, businesses, and institutions. The history of Bank of America dates back to 1904 when it was founded as the Bank of Italy in San Francisco. In 1928, it became known as Bank of America and quickly began to expand. In the 1950s and 60s, it was one of the first banks to offer credit cards and eventually merged with numerous other banks both domestically and internationally. As a result, it now has a presence in nearly every country in the world. Bank of America's business model includes various segments, including retail banking, commercial banking, wealth management, and investment banking. In retail banking, it offers checking accounts, savings accounts, credit cards, mortgages, auto loans, and various other financial products for individual customers. In commercial banking, the bank provides financing solutions and services to small and medium-sized businesses, institutions, and government agencies. Bank of America's wealth and investment management division offers a wide range of advisory and asset management services to high-net-worth individuals and institutional clients. For example, the bank offers a wide selection of investment funds, asset management services, and consulting services. Bank of America is also a major player in investment banking, where it assists companies with mergers and acquisitions, capital raising, and the placement of bonds and stocks in global markets. Bank of America is a leading global investment bank and has completed numerous landmark deals in recent years. Overall, Bank of America offers a wide range of products and services through its various business segments and branches to meet the financial needs of its customers. The bank also offers online banking and mobile banking services and actively promotes social and environmental responsibility. In summary, Bank of America Corp is one of the largest banks in the world, offering a wide range of financial services and products to individual customers, businesses, and institutions. Its business model includes retail banking, commercial banking, wealth management, and investment banking. Bank of America is a key player in investment banking and has completed numerous landmark deals in recent years. Branches and online banking are integral parts of its offering. Bank of America ist eines der beliebtesten Unternehmen auf Eulerpool.com.Revenue Details
Understanding Bank of America's Sales Figures
The sales figures of Bank of America originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.
Year-to-Year Comparison
Analyzing Bank of America’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.
Impact on Investments
Investors often scrutinize Bank of America's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.
Interpreting Sales Fluctuations
Increases in Bank of America’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.
Frequently Asked Questions about Bank of America Stock
How much was the turnover of the company Bank of America compared to the previous year?
The revenue of Bank of America has increased by -40.93% decreased compared to the previous year.
What does revenue mean for investors?
The revenue of a company is an important indicator of its financial performance and attractiveness for investors.
Which factors influence the revenue of Bank of America?
The revenue of Bank of America is influenced by various factors, including the demand for its products and services, market conditions, and prices.
How is the revenue of Bank of America measured?
Revenue is typically measured in units referring to the sale of goods and services provided by the company.
How does an increase in sales affect investments?
An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.
What are the possible risks associated with a declining revenue?
A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.
Why is the sales revenue of Bank of America so important for investors?
The revenue of Bank of America is an important indicator of financial performance and attractiveness for investors.
What strategic measures can a company take to increase revenue?
A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.
How much dividend does Bank of America pay?
Over the past 12 months, Bank of America paid a dividend of 0.92 USD . This corresponds to a dividend yield of about 2.4 %. For the coming 12 months, Bank of America is expected to pay a dividend of 0.98 USD.
What is the dividend yield of Bank of America?
The current dividend yield of Bank of America is 2.4 %.
When does Bank of America pay dividends?
Bank of America pays a quarterly dividend. This is distributed in the months of July, September, December, March.
How secure is the dividend of Bank of America?
Bank of America paid dividends every year for the past 26 years.
What is the dividend of Bank of America?
For the upcoming 12 months, dividends amounting to 0.98 USD are expected. This corresponds to a dividend yield of 2.57 %.
In which sector is Bank of America located?
Bank of America is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Bank of America kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bank of America from 3/29/2024 amounting to 0.24 USD, you needed to have the stock in your portfolio before the ex-date on 2/29/2024.
When did Bank of America pay the last dividend?
The last dividend was paid out on 3/29/2024.
What was the dividend of Bank of America in the year 2023?
In the year 2023, Bank of America distributed 0.86 USD as dividends.
In which currency does Bank of America pay out the dividend?
The dividends of Bank of America are distributed in USD.
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Andere Kennzahlen von Bank of America
Our stock analysis for Bank of America Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of America Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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