bank-of-america-profits

Bank of America Profits

Business / By / June 18, 2023

Bank of America’s net income over the years is as follows:

  • 2018: $28.15 billion
  • 2019: $27.43 billion
  • 2020: $17.89 billion
  • 2021: $31.98 billion
  • 2022: $27.53 billion

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Bank of America Revenue

bank-of-america-revenue
In 2018, Bank of America’s revenue was $91 billion. The revenue experienced a slight increase in 2019, reaching $91.24 billion. A decrease in revenue occurred in 2020, with $85.53 billion reported. The revenue bounced back in 2021 to $89.11 billion. In 2022, Bank of America’s revenue rose to $94.95 billion.

Bank of America Profits

bank-of-america-profits
Bank of America’s net income over the years is as follows: 2018: $28.15 billion 2019: $27.43 billion 2020: $17.89 billion 2021: $31.98 billion 2022: $27.53 billion.
bank-of-america-revenue-breakdown
bank-of-america-noninterest-income
In 2022, Bank of America’s income was distributed as follows: Card Income: $6.08 billion Service Charges: $6.4 billion Investment & Brokerage: $15.9 billion Investment Banking Fees: $4.82 billion Market Making & Similar: $12.07 billion Other Income: -$2.8 billion (loss)

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Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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