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
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%