BANK OF AMERICA CORP /DE/ Annual Return On Equity in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Bank Of America Corp /De/ quarterly/annual Return On Equity history and growth rate from 2010 to 2023.
  • Bank Of America Corp /De/ Return On Equity for the quarter ending September 30, 2024 was 8.03 %, a 26% decline year-over-year.
  • Bank Of America Corp /De/ annual Return On Equity for 2023 was 9.29 %, a 9.01% decline from 2022.
  • Bank Of America Corp /De/ annual Return On Equity for 2022 was 10.2 %, a 12.7% decline from 2021.
  • Bank Of America Corp /De/ annual Return On Equity for 2021 was 11.7 %, a 75.2% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 9.29 -0.92 -9.01% Jan 1, 2023 Dec 31, 2023
2022 10.2 -1.49 -12.7% Jan 1, 2022 Dec 31, 2022
2021 11.7 +5.02 +75.2% Jan 1, 2021 Dec 31, 2021
2020 6.67 -3.56 -34.8% Jan 1, 2020 Dec 31, 2020
2019 10.2 -0.4 -3.76% Jan 1, 2019 Dec 31, 2019
2018 10.6 +3.88 +57.3% Jan 1, 2018 Dec 31, 2018
2017 6.77 +0.08 +1.2% Jan 1, 2017 Dec 31, 2017
2016 6.68 +0.4 +6.37% Jan 1, 2016 Dec 31, 2016
2015 6.28 +3.96 +171% Jan 1, 2015 Dec 31, 2015
2014 2.32 -2.19 -48.5% Jan 1, 2014 Dec 31, 2014
2013 4.51 +2.74 +154% Jan 1, 2013 Dec 31, 2013
2012 1.77 +1.14 +180% Jan 1, 2012 Dec 31, 2012
2011 0.63 +1.6 Jan 1, 2011 Dec 31, 2011
2010 -0.97 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.