Bank of America's return on equity (ROE) - calculated by dividing net income by shareholders' equity - fluctuated significantly between the first quarter of 2015 and the fourth quarter of 2023. The ROE was 4.32 percent in the last quarter 2023, down from 10.86 percent in the previous quarter. In the observed period, the ROE of the bank was the highest in the second quarter of 2021, and the lowest in the last quarter of 2017, at 3.43 percent.
Return on equity (ROE) of Bank of America from 1st quarter 2015 to 4th quarter 2023
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Bank of America. (March 6, 2024). Return on equity (ROE) of Bank of America from 1st quarter 2015 to 4th quarter 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1478100/bank-of-america-return-on-equity-quarterly/
Bank of America. "Return on equity (ROE) of Bank of America from 1st quarter 2015 to 4th quarter 2023." Chart. March 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1478100/bank-of-america-return-on-equity-quarterly/
Bank of America. (2024). Return on equity (ROE) of Bank of America from 1st quarter 2015 to 4th quarter 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1478100/bank-of-america-return-on-equity-quarterly/
Bank of America. "Return on Equity (Roe) of Bank of America from 1st Quarter 2015 to 4th Quarter 2023." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1478100/bank-of-america-return-on-equity-quarterly/
Bank of America, Return on equity (ROE) of Bank of America from 1st quarter 2015 to 4th quarter 2023 Statista, https://www.statista.com/statistics/1478100/bank-of-america-return-on-equity-quarterly/ (last visited November 22, 2024)
Return on equity (ROE) of Bank of America from 1st quarter 2015 to 4th quarter 2023 [Graph], Bank of America, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1478100/bank-of-america-return-on-equity-quarterly/
