Bank Of America (BAC) Gain (Loss) on Sale of Loans (2011 - 2014)
Bank Of America's Gain (Loss) on Sale of Loans came in at $185 million for Q2 2014, down 72.0% from $661 million a year earlier and down 6.6% from the prior quarter.
Bank Of America (BAC) Gain (Loss) on Sale of Loans (2011 - 2014) Analysis & Trends
Over the trailing twelve months to Jun 30, 2014, Bank Of America reported Gain (Loss) on Sale of Loans of $1.06 billion, down 58.1% year-over-year; for FY2013, it was $2 billion, unchanged from FY2012.
- Going back by year, Gain (Loss) on Sale of Loans was $2 billion in FY2012 (-31.0%) and $2.9 billion in FY2011.
- The Q2 2014 figure represents the lowest quarterly Gain (Loss) on Sale of Loans in data going back to Q1 2011.
- Year-over-year, Gain (Loss) on Sale of Loans has declined for four consecutive quarters, with an average decline of 0.8% over the last eight quarters.
- The fastest year-over-year change in Gain (Loss) on Sale of Loans over five years came in Q1 2013 (growth of 92.2%), and the weakest in Q2 2014 (a decline of 72.0%).
- Business Quant data shows BAC's Gain (Loss) on Sale of Loans at $198 million (Q1 2014), $300 million (Q4 2013) and $379 million (Q3 2013) in the three quarters before Q2 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gain on Loan Sales (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 77.00 Mn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | - |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | - |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 61.00 Mn |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2014 | 185.00 Mn |
| Mar 31, 2014 | 198.00 Mn |
| Dec 31, 2013 | 300.00 Mn |
| Sep 30, 2013 | 379.00 Mn |
| Jun 30, 2013 | 661.00 Mn |
| Mar 31, 2013 | 613.00 Mn |
| Dec 31, 2012 | 700.00 Mn |
| Sep 30, 2012 | 563.00 Mn |
| Jun 30, 2012 | 395.00 Mn |
| Mar 31, 2012 | 319.00 Mn |
| Dec 31, 2011 | 400.00 Mn |
| Sep 30, 2011 | 636.00 Mn |
| Jun 30, 2011 | 765.00 Mn |
| Mar 31, 2011 | 1.10 Bn |
Bank Of America Gain (Loss) on Sale of Loans 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=gain-loss-on-sale-of-loans&ticker=BAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gain-loss-on-sale-of-loans", "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=gain-loss-on-sale-of-loans&ticker=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();