Bank of America Future Growth
Future criteria checks 1/6
Bank of America is forecast to grow earnings and revenue by 9.8% and 5.5% per annum respectively. EPS is expected to grow by 13% per annum. Return on equity is forecast to be 9.8% in 3 years.
Key information
9.8%
Earnings growth rate
13.0%
EPS growth rate
Banks earnings growth | 8.0% |
Revenue growth rate | 5.5% |
Future return on equity | 9.8% |
Analyst coverage | Good |
Last updated | 21 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 111,347 | 30,283 | N/A | N/A | 13 |
12/31/2025 | 107,149 | 27,505 | N/A | N/A | 16 |
12/31/2024 | 102,022 | 25,491 | N/A | N/A | 15 |
9/30/2024 | 94,626 | 21,942 | -1,995 | -1,995 | N/A |
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 | N/A | 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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BOFA's forecast earnings growth (9.8% per year) is above the savings rate (2.3%).
Earnings vs Market: BOFA's earnings (9.8% per year) are forecast to grow slower than the Canadian market (16.4% per year).
High Growth Earnings: BOFA's earnings are forecast to grow, but not significantly.
Revenue vs Market: BOFA's revenue (5.5% per year) is forecast to grow slower than the Canadian market (7.1% per year).
High Growth Revenue: BOFA's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BOFA's Return on Equity is forecast to be low in 3 years time (9.8%).