Bank of America
BAC
#27
Rank
NZ$617.78 B
Marketcap
$80.52
Share price
1.16%
Change (1 day)
63.62%
Change (1 year)

Bank of America Corporation is a major US bank headquartered in Charlotte, North Carolina. The company was at times the largest credit institution in the United States.

Operating Margin for Bank of America (BAC)

Operating Margin as of November 2024 (TTM): 25.65%

According to Bank of America 's latest financial reports and stock price the company's current Operating Margin is 25.65%. At the end of 2023 the company had an Operating Margin of 28.75%.

Operating Margin history for Bank of America from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202328.75%-11.85%
202232.62%-14.45%
202138.13%71.67%
202022.21%-38.13%
201935.90%-5.52%
201838.00%13.32%
201733.53%12.16%
201629.89%11.78%
201526.74%188.46%
20149.27%-50.68%
201318.80%397.2%
20123.78%-1515.04%
2011-0.27%-78.81%
2010-1.26%-131.69%
20093.98%-35.11%
20086.13%-81.61%
200733.33%-27.45%
200645.95%3.16%
200544.54%5.8%
200442.10%3.05%
200340.85%10.45%
200236.99%28.37%
200128.81%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.52%-4.41%๐Ÿ‡บ๐Ÿ‡ธ USA
14.45%-43.66%๐Ÿ‡บ๐Ÿ‡ธ USA
25.96% 1.21%๐Ÿ‡บ๐Ÿ‡ธ USA
39.85% 55.36%๐Ÿ‡บ๐Ÿ‡ธ USA
25.86% 0.82%๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.83%-103.24%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.