Bank of America's return on equity (ROE) - calculated by dividing net income by shareholders' equity - fluctuated significantly between 2007 and 2022. The ROE was 9.65 percent in 2022, down from 11.18 percent in 2021. In the observed period, the ROE of the bank was the highest in 2021, and the lowest in 2010, at negative 1.56 percent.
Return on equity (ROE) of Bank of America from 2007 to 2022
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Macrotrends. (November 10, 2023). Return on equity (ROE) of Bank of America from 2007 to 2022 [Graph]. In Statista. Retrieved December 02, 2023, from https://www.statista.com/statistics/1046498/bank-of-america-roe/
Macrotrends. "Return on equity (ROE) of Bank of America from 2007 to 2022." Chart. November 10, 2023. Statista. Accessed December 02, 2023. https://www.statista.com/statistics/1046498/bank-of-america-roe/
Macrotrends. (2023). Return on equity (ROE) of Bank of America from 2007 to 2022. Statista. Statista Inc.. Accessed: December 02, 2023. https://www.statista.com/statistics/1046498/bank-of-america-roe/
Macrotrends. "Return on Equity (Roe) of Bank of America from 2007 to 2022." Statista, Statista Inc., 10 Nov 2023, https://www.statista.com/statistics/1046498/bank-of-america-roe/
Macrotrends, Return on equity (ROE) of Bank of America from 2007 to 2022 Statista, https://www.statista.com/statistics/1046498/bank-of-america-roe/ (last visited December 02, 2023)
Return on equity (ROE) of Bank of America from 2007 to 2022 [Graph], Macrotrends, November 10, 2023. [Online]. Available: https://www.statista.com/statistics/1046498/bank-of-america-roe/