Bank Of America (BAC) Gross Margin (2024 - 2026)
Bank Of America (BAC) posted quarterly Gross Margin of 96.31% for Q2 2026, up 2.0% year-over-year from 94.42% in Q2 2025, and little changed on a QoQ basis from 96.57% in Q1 2026.
Bank Of America (BAC) Gross Margin (2024 - 2026) Analysis & Trends
Bank Of America has reported Gross Margin for 3 years, with the latest figure at 96.31% in Q2 2026.
- Gross Margin for Q2 2026 came in at 96.31%, up 2.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 96.78% (up 6.0% YoY), and the FY2025 annual result was 96.66%, up 44.0% from the prior year.
- Gross Margin was little changed at 96.31% in Q2 2026, from 96.57% in the prior quarter.
- Over five years, Gross Margin peaked at 97.69% in Q4 2024 and troughed at 93.89% in Q1 2024.
- A 3-year average of 96.44% and a median of 96.57% in 2024 frame the typical range for Gross Margin.
- The largest YoY upside for Gross Margin was 236 bps in 2025 against a maximum downside of 28 bps in 2025.
- A 3-year view of Gross Margin shows it stood at 97.69% in 2024, then slipped by 0 bps to 97.49% in 2025, then decreased by 1 bps to 96.31% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 96.31% in Q2 2026, 96.57% in Q1 2026, and 97.49% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 96.31% |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | - |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | -47.41% |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 99.93% |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | - |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 96.31% |
| 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% |