Bank Of America (BAC) Service Charges (2009 - 2018)
Bank Of America's Service Charges was $1.93 billion in Q4 2018, down 1.2% from $1.96 billion a year earlier and down 1.5% from the prior quarter.
Analysis
Bank Of America (BAC) Service Charges (2009 - 2018) Analysis & Trends
For FY2018, Service Charges at Bank Of America came in at $7.77 billion, down 0.7% from FY2017.
- Service Charges shows a five-year compound annual growth rate of 1.0% (FY2013 to FY2018).
- In earlier years, Service Charges was $7.82 billion in FY2017 (+2.4%), $7.64 billion in FY2016 (+3.5%), $7.38 billion in FY2015 (-0.8%) and $7.44 billion in FY2014 (+0.7%).
- Quarterly Service Charges has moved between $1.76 billion (Q1 2015) and $1.98 billion (Q4 2016) over five years.
- Compared with a year earlier, Service Charges has declined for three straight quarters, with growth averaging 0.9% over the last eight quarters.
- The best year-over-year quarter for Service Charges over five years was Q4 2016 (growth of 6.2%); the worst was Q1 2015 (a decline of 3.4%).
- Per Business Quant data, BAC's Service Charges in the three quarters before Q4 2018 was $1.96 billion (Q3 2018), $1.95 billion (Q2 2018) and $1.92 billion (Q1 2018).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 875.87 Bn | 905.35 Bn | - |
| 2 | Banco Santander Chile | 397.50 Bn | 517.44 Bn | - |
| 3 | Bank Of America | 375.67 Bn | -2,000.39 Bn | - |
| 4 | Hsbc Holdings | 321.90 Bn | 321.95 Bn | - |
| 5 | Morgan Stanley | 298.16 Bn | -210.93 Bn | - |
| 6 | Mitsubishi Ufj Financial | 268.92 Bn | -1,319.57 Bn | 10.89 Bn |
| 7 | Royal Bank Of Canada | 267.86 Bn | 118.60 Bn | - |
| 8 | Goldman Sachs | 258.52 Bn | -3,298.59 Bn | - |
| 9 | Wells Fargo & Company | 243.07 Bn | 245.20 Bn | - |
| 10 | American Express | 205.32 Bn | -2.85 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 1.93 Bn |
| Sep 30, 2018 | 1.96 Bn |
| Jun 30, 2018 | 1.95 Bn |
| Mar 31, 2018 | 1.92 Bn |
| Dec 31, 2017 | 1.96 Bn |
| Sep 30, 2017 | 1.97 Bn |
| Jun 30, 2017 | 1.98 Bn |
| Mar 31, 2017 | 1.92 Bn |
| Dec 31, 2016 | 1.98 Bn |
| Sep 30, 2016 | 1.95 Bn |
| Jun 30, 2016 | 1.87 Bn |
| Mar 31, 2016 | 1.84 Bn |
| Dec 31, 2015 | 1.86 Bn |
| Sep 30, 2015 | 1.90 Bn |
| Jun 30, 2015 | 1.86 Bn |
| Mar 31, 2015 | 1.76 Bn |
| Dec 31, 2014 | 1.84 Bn |
| Sep 30, 2014 | 1.91 Bn |
| Jun 30, 2014 | 1.87 Bn |
| Mar 31, 2014 | 1.83 Bn |
API Access
Bank Of America Service Charges API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=service-charges&ticker=BAC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "ticker": "BAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=service-charges&ticker=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();