Return On Asset ratio Analysis of Bank of America Corp. (PFD- SS) - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Poor ROA
0.959
Period Ending - Dec-22
Poor ROA
0.902
Growth
6.30 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
0.776
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.204
ROA Analysis of Bank of America Corp. (PFD- SS)
| ROA Ratio of Bank of America Corp. (PFD- SS) with value of 0.776 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Bank of America Corp. (PFD- SS) with value of 0.204 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of BAC-PS has grown by 6.30 % Compared to previous Financial Year. |
| ROA Ratio with value of 1.13 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of 0.635 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 0.959 is Greater than Average ROA of 0.926 in last five years. |
Other ROA Related Info of BAC-PS that may interest you.
Bank of America Corp. (PFD- SS) Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BAC-PS | 20.8 | 20.67 | 0.629 % | Banks-Diversified |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Mild Profitability | |
FY - Historical Return On Asset of Bank of America Corp. (PFD- SS)
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 0.959 | 0.902 | 1.01 | 0.635 | 1.13 | 1.20 | 0.799 |
| Change | 6.30 % | -10.56 % | 58.98 % | -43.68 % | -5.73 % | 49.58 % | -2.35 % |
FY Chart of Return On Asset of Bank of America Corp. (PFD- SS)
Note : All Data Generated at the End of Trading Hours (EOD Data)