Bank Of America BACRP
NYSE BACRP
$300.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Bank Of America (BACRP) Service Charges (2009 - 2022)

Bank Of America's (BACRP) quarterly Service Charges came in at $809.0 million in Q3 2022, little changed year-over-year from $806.0 million in Q3 2021, and down 14.3% quarter-over-quarter from $944.0 million in Q2 2022.

Analysis

Bank Of America (BACRP) Service Charges (2009 - 2022) Analysis & Trends

Bank Of America has disclosed Service Charges across 14 years of filings, most recently posting $809.0 million for Q3 2022.

  • In Q3 2022, Service Charges changed 0.37% year-over-year to $809.0 million; the TTM figure through Sep 2022 stood at $3.2 billion (down 24.54% YoY), while the FY2021 annual figure was $3.8 billion, down 29.93% from the prior year.
  • Service Charges came in at $809.0 million for Q3 2022 at Bank Of America, down from $944.0 million in the prior quarter.
  • In the past five years, Service Charges ranged from a high of $2.0 billion in Q3 2018 to a low of -$434.0 million in Q4 2018.
  • Average Service Charges over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2020.
  • Year-over-year, Service Charges tumbled 122.2% in 2018 and jumped 407.83% in 2019.
  • Over 5 years, Service Charges stood at -$434.0 million in 2018, then jumped by 407.83% to $1.3 billion in 2019, then fell by 8.01% to $1.2 billion in 2020, then slumped by 39.46% to $744.0 million in 2021, then advanced 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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of America 2,145.36 Bn 1,556.87 Bn 30.39 Bn
2 Morgan Stanley 335.04 Bn 174.91 Bn -
3 Goldman Sachs 309.52 Bn -666.83 Bn -
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn
5 Royal Bank Of Canada 291.83 Bn 64.95 Bn -
6 Wells Fargo & Company 273.52 Bn 69.55 Bn -
7 American Express 218.84 Bn 169.53 Bn 17.99 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn
9 Toronto Dominion Bank 205.93 Bn 44.60 Bn -
10 Schwab Charles 185.39 Bn 111.80 Bn -
Historic Data

Historic Data

Download Data
DateValue
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