Bank Of America (BAC) Amortization - Intangibles (2009 - 2017)
Bank Of America (BAC) reported Amortization - Intangibles of $151 million for Q3 2017, down 16.6% from $181 million a year earlier and down 5.6% from the prior quarter.
Bank Of America (BAC) Amortization - Intangibles (2009 - 2017) Analysis & Trends
Over the twelve months ended Sep 30, 2017, Bank Of America's Amortization - Intangibles came in at $649 million, down 14.2% year-over-year; for FY2016, it came in at $730 million, down 12.5% from FY2015.
- Amortization - Intangibles has declined for seven consecutive years, with a five-year compound annual growth rate of -13.5% (FY2011 to FY2016).
- By year, Amortization - Intangibles came in at $834 million in FY2015 (-10.9%), $936 million in FY2014 (-13.8%), $1.09 billion in FY2013 (-14.1%) and $1.26 billion in FY2012 (-16.2%).
- The Q3 2017 figure ranks as the lowest quarterly Amortization - Intangibles in data going back to Q1 2009.
- Year over year, Amortization - Intangibles has now declined in each of the last 31 quarters, with an average decline of 13.2% over the last eight quarters.
- The year-over-year decline in Amortization - Intangibles has ranged between 9.8% (Q2 2015) and 16.6% (Q3 2017) over the last five years.
- Per Business Quant data, the three quarters before Q3 2017 came in at $160 million (Q2 2017), $162 million (Q1 2017) and $176 million (Q4 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2017 | 151.00 Mn |
| Jun 30, 2017 | 160.00 Mn |
| Mar 31, 2017 | 162.00 Mn |
| Dec 31, 2016 | 176.00 Mn |
| Sep 30, 2016 | 181.00 Mn |
| Jun 30, 2016 | 186.00 Mn |
| Mar 31, 2016 | 187.00 Mn |
| Dec 31, 2015 | 202.00 Mn |
| Sep 30, 2015 | 207.00 Mn |
| Jun 30, 2015 | 212.00 Mn |
| Mar 31, 2015 | 213.00 Mn |
| Dec 31, 2014 | 228.00 Mn |
| Sep 30, 2014 | 234.00 Mn |
| Jun 30, 2014 | 235.00 Mn |
| Mar 31, 2014 | 239.00 Mn |
| Dec 31, 2013 | 266.00 Mn |
| Sep 30, 2013 | 270.00 Mn |
| Jun 30, 2013 | 274.00 Mn |
| Mar 31, 2013 | 276.00 Mn |
| Dec 31, 2012 | 309.00 Mn |
Bank Of America Amortization - Intangibles 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=amortization-intangibles&ticker=BAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "amortization-intangibles", "ticker": "BAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=amortization-intangibles&ticker=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();