Bank Of America (BAC) Gross Margin (2024 - 2026)
Bank Of America's (BAC) quarterly Gross Margin came in at 96.31% in Q2 2026, up 2.0% year-over-year from 94.42% in Q2 2025, and little changed quarter-over-quarter from 96.57% in Q1 2026.
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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 96.31% for Q2 2026.
- In Q2 2026, Gross Margin rose 2.0% year-over-year to 96.31%; the TTM figure through Jun 2026 stood at 96.78% (up 6.0% YoY), while the FY2025 annual figure was 96.66%, up 44.0% from the prior year.
- Gross Margin came in at 96.31% for Q2 2026 at Bank Of America, roughly flat from 96.57% 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.
- Average Gross Margin over 3 years is 96.44%, with a median of 96.57% recorded in 2024.
- The largest YoY upside for Gross Margin was 236 bps in 2025 against a maximum downside of 28 bps in 2025.
- Over 3 years, Gross Margin stood at 97.69% in 2024, then retreated by 0 bps to 97.49% in 2025, then fell 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 96.31% |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | - |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | - |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | - |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | 78.17% |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 91.60% |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | - |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | - |
Historic Data
Download Data
Historic 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 | 96.29% |
| 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% |