Bank of America's return on assets (ROA) - calculated by dividing net income by its average total assets - increased significantly between the first quarter of 2012 and the fourth quarter of 2023. The ROA was 0.39 percent in the last quarter 2023, down from 0.99 percent in the previous quarter. In the observed period, the ROA of the bank was the highest in the first quarter of 2019, and the lowest in the third quarter of 2012, at 0.06 percent.
Return on assets (ROA) of Bank of America from 1st quarter 2012 to 4th quarter 2023
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Bank of America. (March 6, 2024). Return on assets (ROA) of Bank of America from 1st quarter 2012 to 4th quarter 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1478102/bank-of-america-return-on-assets-quarterly/
Bank of America. "Return on assets (ROA) of Bank of America from 1st quarter 2012 to 4th quarter 2023." Chart. March 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1478102/bank-of-america-return-on-assets-quarterly/
Bank of America. (2024). Return on assets (ROA) of Bank of America from 1st quarter 2012 to 4th quarter 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1478102/bank-of-america-return-on-assets-quarterly/
Bank of America. "Return on Assets (Roa) of Bank of America from 1st Quarter 2012 to 4th Quarter 2023." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1478102/bank-of-america-return-on-assets-quarterly/
Bank of America, Return on assets (ROA) of Bank of America from 1st quarter 2012 to 4th quarter 2023 Statista, https://www.statista.com/statistics/1478102/bank-of-america-return-on-assets-quarterly/ (last visited November 22, 2024)
Return on assets (ROA) of Bank of America from 1st quarter 2012 to 4th quarter 2023 [Graph], Bank of America, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1478102/bank-of-america-return-on-assets-quarterly/
