Bank Of America (BAC) Gross Margin (2024 - 2026)

Bank Of America's (BAC) quarterly Gross Margin came in at 96.57% in Q1 2026, up 32.0% year-on-year from 73.16% in Q1 2025, and down 0.94% quarter-over-quarter from 97.49% in Q4 2025.

Bank Of America (BAC) Gross Margin (2024 - 2026) Analysis & Trends

Bank Of America has disclosed Gross Margin across 3 years of filings, most recently posting 96.57% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 96.57%, up 32.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 96.77% (down 3.0% YoY), and the FY2025 annual result was 96.66%, up 44.0% from the prior year.
  • Gross Margin came in at 96.57% for Q1 2026 at Bank Of America, down from 97.49% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 97.69% in Q4 2024 to a low of 93.89% in Q1 2024.
  • The 3-year median for Gross Margin is 96.57% (2026), against an average of 96.44%.
  • Peak annual rise in Gross Margin reached 236 bps in 2025, while the deepest fall reached 42 bps in 2025.
  • Bank Of America's Gross Margin stood at 97.69% in 2024, then retreated by 0 bps to 97.49% in 2025, then dropped by 1 bps to 96.57% in 2026.
  • The last three Gross Margin figures came in at 96.57% (Q1 2026), 97.49% (Q4 2025), and 96.75% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - -
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - -
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - -
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 96.57%
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - -
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 99.88%

Historic Data

Download Data
DateValue
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%