Bank Of America (BAC-PP) Service Charges (2009 - 2018)
Bank Of America (BAC-PP) reported Service Charges of $1.93 billion for Q4 2018, down 1.2% from $1.96 billion a year earlier and down 1.5% from the prior quarter.
Bank Of America (BAC-PP) Service Charges (2009 - 2018) Analysis & Trends
For FY2018, Bank Of America posted Service Charges of $7.77 billion, down 0.7% from FY2017.
- Service Charges has a five-year compound annual growth rate of 1.0% (FY2013 to FY2018).
- By year, Service Charges came in at $7.82 billion in FY2017 (+2.4%), $7.64 billion in FY2016 (+3.5%), $7.38 billion in FY2015 (-0.8%) and $7.44 billion in FY2014 (+0.7%).
- Five-year quarterly Service Charges spans a low of $1.76 billion in Q1 2015 and a high of $1.98 billion in Q4 2016.
- Year over year, Service Charges has now declined in each of the last three quarters, with growth averaging 0.9% over the last eight quarters.
- The high point for year-over-year Service Charges in five years was Q4 2016 (growth of 6.2%); the low point was Q1 2015 (a decline of 3.4%).
- Per Business Quant data, the three quarters before Q4 2018 came in at $1.96 billion (Q3 2018), $1.95 billion (Q2 2018) and $1.92 billion (Q1 2018).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 1.93 Bn |
| Sep 30, 2018 | 1.96 Bn |
| Jun 30, 2018 | 1.95 Bn |
| Mar 31, 2018 | 1.92 Bn |
| Dec 31, 2017 | 1.96 Bn |
| Sep 30, 2017 | 1.97 Bn |
| Jun 30, 2017 | 1.98 Bn |
| Mar 31, 2017 | 1.92 Bn |
| Dec 31, 2016 | 1.98 Bn |
| Sep 30, 2016 | 1.95 Bn |
| Jun 30, 2016 | 1.87 Bn |
| Mar 31, 2016 | 1.84 Bn |
| Dec 31, 2015 | 1.86 Bn |
| Sep 30, 2015 | 1.90 Bn |
| Jun 30, 2015 | 1.86 Bn |
| Mar 31, 2015 | 1.76 Bn |
| Dec 31, 2014 | 1.84 Bn |
| Sep 30, 2014 | 1.91 Bn |
| Jun 30, 2014 | 1.87 Bn |
| Mar 31, 2014 | 1.83 Bn |
Bank Of America Service Charges API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=service-charges&ticker=BAC-PP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "ticker": "BAC-PP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=service-charges&ticker=BAC-PP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();