Bank Of America BAC
NYSE BAC
$53.53 -0.57 (-1.05%)
At close: Oct 7, 2026 · 4:00 PM EDT

Bank Of America (BAC) Service Charges (2009 - 2018)

Updated

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

Historic Data

Download Data
DateValue
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