Bank Of America (BAC) Gross Margin (2024 - 2026)
Bank Of America (BAC) posted Gross Margin of 96.57% for Q1 2026, down 0.94% sequentially from 97.49% in Q4 2025, and up 32.0% YoY from 73.16% in Q1 2025.
Bank Of America (BAC) Gross Margin (2024 - 2026) Analysis & Trends
Bank Of America (BAC) has 3 years of Gross Margin data on file, last reported at 96.57% in Q1 2026.
- Quarterly Gross Margin rose 32.0% year-over-year to 96.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 96.77% (down 3.0% YoY) and the FY2025 annual result came in at 96.66%, up 44.0% from the prior year.
- Gross Margin eased to 96.57% in Q1 2026 per BAC's latest filing, from 97.49% in the prior quarter.
- The five-year high for Gross Margin was 97.69% in Q4 2024, with the low at 93.89% in Q1 2024.
- Average Gross Margin over 3 years is 96.44%, with a median of 96.57% recorded in 2026.
- The widest YoY moves for Gross Margin: up 236 bps in 2025, down 42 bps in 2025.
- Bank Of America's Gross Margin stood at 97.69% in 2024, then dropped by 0 bps to 97.49% in 2025, then retreated by 1 bps to 96.57% in 2026.
- Business Quant data shows BAC's Gross Margin at 96.57% in Q1 2026, 97.49% in Q4 2025, and 96.75% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 96.57% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 99.88% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | - |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | - |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 98.87% |
| 10 | Ing Groep | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 96.57% |
| Dec 31, 2025 | 97.49% |
| Sep 30, 2025 | 96.75% |
| Jun 30, 2025 | 96.15% |
| Mar 31, 2025 | 96.25% |
| Dec 31, 2024 | 97.69% |
| Sep 30, 2024 | 96.58% |
| Jun 30, 2024 | 96.57% |
| Mar 31, 2024 | 93.89% |