Bank of America's return on equity (ROE) - calculated by dividing net income by shareholders' equity - fluctuated significantly between 2007 and 2023. The ROE was 8.71 percent in 2023, down from 9.65 percent in 2022. 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 2023
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Macrotrends. (June 6, 2024). Return on equity (ROE) of Bank of America from 2007 to 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1046498/bank-of-america-roe/
Macrotrends. "Return on equity (ROE) of Bank of America from 2007 to 2023." Chart. June 6, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1046498/bank-of-america-roe/
Macrotrends. (2024). Return on equity (ROE) of Bank of America from 2007 to 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1046498/bank-of-america-roe/
Macrotrends. "Return on Equity (Roe) of Bank of America from 2007 to 2023." Statista, Statista Inc., 6 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1046498/bank-of-america-roe/
Macrotrends, Return on equity (ROE) of Bank of America from 2007 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1046498/bank-of-america-roe/ (last visited November 10, 2024)
Return on equity (ROE) of Bank of America from 2007 to 2023 [Graph], Macrotrends, June 6, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1046498/bank-of-america-roe/
