Bank of America Future Growth

Future criteria checks 0/6

Bank of America is forecast to grow earnings and revenue by 8.1% and 5.2% per annum respectively. EPS is expected to grow by 11.7% per annum. Return on equity is forecast to be 10.3% in 3 years.

Key information

8.1%

Earnings growth rate

11.7%

EPS growth rate

Banks earnings growth	14.0%
Revenue growth rate	5.2%
Future return on equity	10.3%
Analyst coverage	Good
Last updated	21 Sep 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BASE:BA.CD - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	111,451	30,515	N/A	N/A	9
12/31/2025	106,731	28,158	N/A	N/A	17
12/31/2024	102,355	25,877	N/A	N/A	17
6/30/2024	94,756	22,832	47,053	47,053	N/A
3/31/2024	94,959	23,352	40,743	40,743	N/A
12/31/2023	95,787	24,866	44,982	44,982	N/A
9/30/2023	96,772	28,932	43,256	43,256	N/A
6/30/2023	96,443	28,241	44,638	44,638	N/A
3/31/2023	94,536	27,071	27,803	27,803	N/A
12/31/2022	92,407	26,015	-6,327	-6,327	N/A
9/30/2022	91,516	25,884	7,326	7,326	N/A
6/30/2022	91,302	26,565	3,967	3,967	N/A
3/31/2022	92,224	29,597	-295	-295	N/A
12/31/2021	93,707	30,557	-7,193	-7,193	N/A
9/30/2021	91,204	28,992	2,750	2,750	N/A
6/30/2021	86,761	26,172	-39,683	-39,683	N/A
3/31/2021	80,883	20,492	-33,378	-33,378	N/A
12/31/2020	74,208	16,473	37,993	37,993	N/A
9/30/2020	75,570	18,013	42,502	42,502	N/A
6/30/2020	76,579	18,845	69,438	69,438	N/A
3/31/2020	81,597	22,670	65,719	65,719	N/A
12/31/2019	85,582	25,998	61,777	61,777	N/A
9/30/2019	85,946	26,289	-11,248	-11,248	N/A
6/30/2019	87,998	27,718	14,060	14,060	N/A
3/31/2019	88,222	27,075	14,267	14,267	N/A
12/31/2018	87,738	26,696	39,520	39,520	N/A
9/30/2018	86,130	21,736	46,342	46,342	N/A
6/30/2018	85,127	19,994	47,040	47,040	N/A
3/31/2018	84,779	18,273	N/A	63,207	N/A
12/31/2017	83,730	16,618	N/A	9,864	N/A
9/30/2017	83,737	18,790	N/A	8,608	N/A
6/30/2017	83,517	18,283	N/A	-11,170	N/A
3/31/2017	81,724	17,960	N/A	-5,525	N/A
12/31/2016	80,104	16,140	N/A	17,277	N/A
9/30/2016	79,660	14,843	N/A	32,355	N/A
6/30/2016	79,061	14,569	N/A	57,625	N/A
3/31/2016	79,448	14,653	N/A	38,999	N/A
12/31/2015	79,804	14,427	N/A	28,397	N/A
9/30/2015	81,185	14,824	N/A	23,057	N/A
6/30/2015	81,572	10,176	N/A	207	N/A
3/31/2015	80,564	7,018	N/A	7,657	N/A
12/31/2014	83,619	4,476	N/A	30,795	N/A
9/30/2014	84,618	4,234	N/A	42,441	N/A
6/30/2014	85,279	6,921	N/A	47,722	N/A
3/31/2014	85,459	8,456	N/A	89,072	N/A
12/31/2013	83,946	9,188	N/A	92,817	N/A
9/30/2013	79,090	7,264	N/A	54,680	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BA.CD's forecast earnings growth (8.1% per year) is below the savings rate (8.5%).

Earnings vs Market: BA.CD's earnings (8.1% per year) are forecast to grow slower than the AR market (18.1% per year).

High Growth Earnings: BA.CD's earnings are forecast to grow, but not significantly.

Revenue vs Market: BA.CD's revenue (5.2% per year) is forecast to grow slower than the AR market (12.1% per year).

High Growth Revenue: BA.CD's revenue (5.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BA.CD's Return on Equity is forecast to be low in 3 years time (10.3%).

Bank of America Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Bank of America Corporation Appoints David Dowd Asheville President

Bank of America Corp Announces Chief Accounting Officer Changes

Bank of America Appoints Drew Slocum as President of Bank of America Wisconsin

Bank of America Corporation Announces Management Changes

Bank of America Unveils Intelligent Transaction Search on CashPro

Bank of America Corporation Announces Quarterly Dividend for Third Quarter of 2024

Bank of America Corporation Announces President Changes for Worcester, Massachusetts

Bank of America Corporation Announces a Regular Quarterly Cash Dividend, Payable on June 28, 2024

Bank of America Launches New Access to Capital Connector

Bank of America Corporation Unifies Mobile Apps for Banking, Investing, and Retirement into One Personalized Digital Experience

New York City Employees’ Retirement System Files a Notice of Exempt Solicitation to Bank of America Corporation

Bank of America Corporation, Annual General Meeting, Apr 24, 2024

Bank of America Corporation Declares Regular Quarterly Cash Dividend, Payable on March 29, 2024

Bank of America Announces Executive Changes

Bank of America Launches Cashpro Insights - Latest Digital Innovation for Treasury Management

Bank of America Appoints Anthony Knox as South Africa Country Executive ,Effective January 1 ,2024

Bank of America Corporation Appoints Gautam Puntambekar as Head for Malaysia and Principal Officer for the Bank of America Labuan Branch

Bank of America Names Tyrone Noel Hampton Roads President

Bank of America Launches Cashpro Supply Chain Solutions, A Platform That Will Offer Participants in A Supply Chain the Benefits of Digitization with Improved Process Efficiency and Working Capital Optimization

Bank of America Corporation Announces Enhancements to Bofa's Cashpro(R) Chat Create Greater Efficiencies for Business Clients

Sigma Lithium CEO in Talks with Potential Buyers

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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