Bank Of America Corp /De/ (BACRP) Service Charges (2009 - 2022)
Bank Of America (BACRP) posted quarterly Service Charges of $809.0 million for Q3 2022, little changed year-over-year from $806.0 million in Q3 2021, and down 14.3% on a QoQ basis from $944.0 million in Q2 2022.
Bank Of America Corp /De/ (BACRP) Service Charges (2009 - 2022) Analysis & Trends
Bank Of America has reported Service Charges for 14 years, with the latest figure at $809.0 million in Q3 2022.
- Service Charges for Q3 2022 came in at $809.0 million, changed 0.37% year-over-year; the trailing twelve-month figure through Sep 2022 was $3.2 billion (down 24.54% YoY), and the FY2021 annual result was $3.8 billion, down 29.93% from the prior year.
- Service Charges fell to $809.0 million in Q3 2022, from $944.0 million in the prior quarter.
- Over five years, Service Charges peaked at $2.0 billion in Q3 2018 and troughed at -$434.0 million in Q4 2018.
- A 5-year average of $1.2 billion and a median of $1.3 billion in 2020 frame the typical range for Service Charges.
- The widest annual swing landed in 2018, when Service Charges plunged 122.2%; it then soared 407.83% in 2019.
- A 5-year view of Service Charges shows it stood at -$434.0 million in 2018, then soared by 407.83% to $1.3 billion in 2019, then decreased by 8.01% to $1.2 billion in 2020, then slumped by 39.46% to $744.0 million in 2021, then grew by 8.74% to $809.0 million in 2022.
- Per Business Quant data, the three most recent Service Charges figures were $809.0 million in Q3 2022, $944.0 million in Q2 2022, and $734.0 million in Q1 2022.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 809.00 Mn |
| Jun 30, 2022 | 944.00 Mn |
| Mar 31, 2022 | 734.00 Mn |
| Dec 31, 2021 | 744.00 Mn |
| Sep 30, 2021 | 806.00 Mn |
| Jun 30, 2021 | 1.06 Bn |
| Mar 31, 2021 | 1.19 Bn |
| Dec 31, 2020 | 1.23 Bn |
| Sep 30, 2020 | 1.29 Bn |
| Jun 30, 2020 | 1.46 Bn |
| Mar 31, 2020 | 1.44 Bn |
| Dec 31, 2019 | 1.34 Bn |
| Sep 30, 2019 | 1.51 Bn |
| Jun 30, 2019 | 1.46 Bn |
| Mar 31, 2019 | 1.34 Bn |
| Dec 31, 2018 | -434.00 Mn |
| Sep 30, 2018 | 1.96 Bn |
| Jun 30, 2018 | 1.95 Bn |
| Mar 31, 2018 | 1.92 Bn |
| Dec 31, 2017 | 1.96 Bn |