Bank of America Future Growth

Future criteria checks 1/6

Bank of America is forecast to grow earnings and revenue by 6.2% and 4.6% per annum respectively. EPS is expected to grow by 7.8% per annum. Return on equity is forecast to be 9.9% in 3 years.

Key information

6.2%

Earnings growth rate

7.8%

EPS growth rate

Banks earnings growth	7.7%
Revenue growth rate	4.6%
Future return on equity	9.9%
Analyst coverage	Good
Last updated	24 Apr 2024

Recent future growth updates

Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results

Apr 18

Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss

Jan 16

Recent updates

Bank of America: Seize The Opportunity Before It's Gone

Apr 18

Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results

Apr 18

Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss

Jan 16

Bank of America: Tough Q4 Ahead

Jan 09

Bank of America: Lower Interest Rates Will Restore Confidence

Dec 23

Bank Of America: The Soaring Value Of Low-Cost Deposit Base

Dec 15

Bank of America: Using 6.4%-Yielding Preferred Shares To Speculate On A Rate Cut

Dec 02

Bank of America (NYSE:BAC) Is Increasing Its Dividend To $0.24

Nov 22

Bank of America Is Developing A Big Problem: Commercial Lending

Nov 10

Bank of America (NYSE:BAC) Has Announced That It Will Be Increasing Its Dividend To $0.24

Nov 05

Why I Chose Bank of America Over Competitors For The Dividend Income Accelerator Portfolio

Nov 02

Bank of America: Deep Dive And Why I Am Bullish On The Stock

Oct 25

Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.24

Oct 22

Avoid Bank of America As Securities Losses Balloon To $131.6 Billion

Oct 19

Bank of America: Why It's Finally A Buy (Rating Upgrade)

Oct 13

Bank of America: Now Things Are Getting Interesting

Oct 06

Bank of America: Why A Low Valuation And High Yield Aren't Good Enough Yet

Sep 15

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Aug 25

Bank of America: Buy Before It Goes Ex-Dividend

Aug 20

Bank of America: Grab A 6-6.2% Yield With The Preferred Shares

Aug 12

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Aug 10

Earnings and Revenue Growth Forecasts

NYSE:BAC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	108,216	28,394	N/A	N/A	9
12/31/2025	104,492	27,152	N/A	N/A	18
12/31/2024	101,907	25,511	N/A	N/A	15
3/31/2024	93,359	23,352	N/A	N/A	N/A
12/31/2023	94,187	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	63,207	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
6/30/2013	76,510	5,014	N/A	55,270	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BAC's forecast earnings growth (6.2% per year) is above the savings rate (2.3%).

Earnings vs Market: BAC's earnings (6.2% per year) are forecast to grow slower than the US market (14.7% per year).

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

Revenue vs Market: BAC's revenue (4.6% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: BAC's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BAC's Return on Equity is forecast to be low in 3 years time (9.9%).

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Bank of America Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results

Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss

Recent updates

Bank of America: Seize The Opportunity Before It's Gone

Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Bank of America: Why I Am Going All-In Now (Technical Analysis)

Bank of America Launches New Access to Capital Connector

Bank of America: A Bad Call On My Part (Rating Upgrade)

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: Investing In Predictability

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

Chairman exercised options and sold US$6.0m worth of stock

First Look At 2 Bank of America Preferred Stocks

Full year 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.24 per share

Now 20% undervalued

Fourth quarter dividend of US$0.24 announced

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

Bank of America's Q4 Earnings Signal Need For Fed Rate Cut (Rating Downgrade)

Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss

Full year 2023 earnings: EPS and revenues miss analyst expectations

Bank of America Announces Executive Changes

Bank of America: Tough Q4 Ahead

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

Bank of America: Lower Interest Rates Will Restore Confidence

Bank Of America: The Soaring Value Of Low-Cost Deposit Base

Bank of America: Using 6.4%-Yielding Preferred Shares To Speculate On A Rate Cut

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

Upcoming dividend of US$0.24 per share at 3.2% yield

Bank of America (NYSE:BAC) Is Increasing Its Dividend To $0.24

Bank of America Is Developing A Big Problem: Commercial Lending

Bank of America (NYSE:BAC) Has Announced That It Will Be Increasing Its Dividend To $0.24

Why I Chose Bank of America Over Competitors For The Dividend Income Accelerator Portfolio

Bank of America: Deep Dive And Why I Am Bullish On The Stock

Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.24

Avoid Bank of America As Securities Losses Balloon To $131.6 Billion

Third quarter 2023 earnings: EPS exceeds analyst expectations

Bank of America: Why It's Finally A Buy (Rating Upgrade)

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

Bank of America: Now Things Are Getting Interesting

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

Bank of America: Why A Low Valuation And High Yield Aren't Good Enough Yet

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of US$0.24 per share at 3.4% yield

Bank of America: Buy Before It Goes Ex-Dividend

Bank of America: Grab A 6-6.2% Yield With The Preferred Shares

Bank of America (NYSE:BAC) Is Paying Out A Larger Dividend Than Last Year

Insider recently sold US$2.4m worth of stock

Sigma Lithium CEO in Talks with Potential Buyers

Chief Financial Officer exercised options and sold US$1.6m worth of stock

Bank of America Corporation Declares Quarterly Common Stock Dividend, Payable on September 29, 2023

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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