Bank of America Future Growth
Future criteria checks 1/6
Bank of America is forecast to grow earnings and revenue by 8.5% and 5.4% per annum respectively. EPS is expected to grow by 10.5% per annum. Return on equity is forecast to be 10.2% in 3 years.
Key information
8.5%
Earnings growth rate
10.5%
EPS growth rate
| Banks earnings growth | 10.3% |
| Revenue growth rate | 5.4% |
| Future return on equity | 10.2% |
| Analyst coverage | Good |
| Last updated | 29 Jul 2024 |
Recent future growth updates
Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 18
Bank of America Corporation (NYSE:BAC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 03Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results
Apr 18Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss
Jan 16Recent updates
Bank of America's (NYSE:BAC) Dividend Will Be Increased To $0.26
Jul 28Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think
Jul 18Bank of America: Impending Fed Pivot Creates Risk
Jul 17Bank of America: Let Your Winners Run
Jul 09Bank Of America: Swap A 5.6% Yield For A 6.1% Yield
Jun 15Bank of America: Not Good Enough To Buy
Jun 03Bank of America Corporation (NYSE:BAC) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 03Bank Of America: Now Fairly Valued - H2'23 To Bring Forth Rich Interest Incomes
Apr 27Bank of America: Seize The Opportunity Before It's Gone
Apr 18Analysts Are Updating Their Bank of America Corporation (NYSE:BAC) Estimates After Its First-Quarter Results
Apr 18Bank of America: Why I Am Going All-In Now (Technical Analysis)
Apr 11Bank of America: A Bad Call On My Part (Rating Upgrade)
Mar 27Bank Of America: Investing In Predictability
Mar 20First Look At 2 Bank of America Preferred Stocks
Mar 02Bank of America's Q4 Earnings Signal Need For Fed Rate Cut (Rating Downgrade)
Jan 17Here's What Analysts Are Forecasting For Bank of America Corporation (NYSE:BAC) Following Its Earnings Miss
Jan 16Bank of America: Tough Q4 Ahead
Jan 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 110,861 | 30,416 | N/A | N/A | 9 |
| 12/31/2025 | 106,432 | 28,084 | N/A | N/A | 17 |
| 12/31/2024 | 102,260 | 25,861 | N/A | N/A | 17 |
| 6/30/2024 | 93,156 | 22,832 | 47,053 | 47,053 | N/A |
| 3/31/2024 | 93,359 | 23,352 | 40,743 | 40,743 | 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 | 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: BAC's forecast earnings growth (8.5% per year) is above the savings rate (2.5%).
Earnings vs Market: BAC's earnings (8.5% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: BAC's earnings are forecast to grow, but not significantly.
Revenue vs Market: BAC's revenue (5.4% per year) is forecast to grow slower than the US market (8.5% per year).
High Growth Revenue: BAC's revenue (5.4% 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 (10.2%).