Bank Of America (BAC) Depreciation Expense (2009 - 2018)
Bank Of America's (BAC) quarterly Depreciation Expense came in at $427.0 million in Q4 2018, up 3.89% year-on-year from $411.0 million in Q4 2017, and up 1.43% quarter-over-quarter from $421.0 million in Q3 2018.
Bank Of America (BAC) Depreciation Expense (2009 - 2018) Analysis & Trends
Bank Of America has disclosed Depreciation Expense across 10 years of filings, most recently posting $427.0 million for Q4 2018.
- Depreciation Expense for Q4 2018 came in at $427.0 million, up 3.89% year-over-year; the trailing twelve-month figure through Dec 2018 was $1.7 billion (up 0.77% YoY), and the FY2018 annual result was $1.7 billion, up 0.77% from the prior year.
- Depreciation Expense came in at $427.0 million for Q4 2018 at Bank Of America, up from $421.0 million in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $546.0 million in Q1 2014 to a low of $411.0 million in Q4 2017.
- The 5-year median for Depreciation Expense is $449.0 million (2016), against an average of $468.2 million.
- Across the five-year window, Depreciation Expense dropped 15.34% in 2016 and increased 3.89% in 2018, its largest moves.
- Bank Of America's Depreciation Expense stood at $531.0 million in 2014, then fell by 0.56% to $528.0 million in 2015, then fell by 15.34% to $447.0 million in 2016, then declined by 8.05% to $411.0 million in 2017, then advanced by 3.89% to $427.0 million in 2018.
- The last three Depreciation Expense figures came in at $427.0 million (Q4 2018), $421.0 million (Q3 2018), and $415.0 million (Q2 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,386,393,358.39 Bn | 1,386,393,358.61 Bn | - | - |
| 2 | Hsbc Holdings | 37,974.20 Bn | 37,974.65 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,996.75 Bn | 2,925.20 Bn | - | 524.57 Mn |
| 4 | Toronto Dominion Bank | 994.93 Bn | 988.13 Bn | - | - |
| 5 | Bank Of Montreal | 413.07 Bn | 413.07 Bn | - | - |
| 6 | Bank Of America | 406.09 Bn | -200.61 Bn | 29.24 Bn | - |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 275.02 Bn | -411.26 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 257.70 Bn | 182.63 Bn | - | - |
| 10 | Citigroup | 256.35 Bn | -1,928.65 Bn | 19.85 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 427.00 Mn |
| Sep 30, 2018 | 421.00 Mn |
| Jun 30, 2018 | 415.00 Mn |
| Mar 31, 2018 | 442.00 Mn |
| Dec 31, 2017 | 411.00 Mn |
| Sep 30, 2017 | 416.00 Mn |
| Jun 30, 2017 | 427.00 Mn |
| Mar 31, 2017 | 438.00 Mn |
| Dec 31, 2016 | 447.00 Mn |
| Sep 30, 2016 | 443.00 Mn |
| Jun 30, 2016 | 451.00 Mn |
| Mar 31, 2016 | 463.00 Mn |
| Dec 31, 2015 | 528.00 Mn |
| Sep 30, 2015 | 499.00 Mn |
| Jun 30, 2015 | 500.00 Mn |
| Mar 31, 2015 | 512.00 Mn |
| Dec 31, 2014 | 531.00 Mn |
| Sep 30, 2014 | 514.00 Mn |
| Jun 30, 2014 | 534.00 Mn |
| Mar 31, 2014 | 546.00 Mn |