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Bank of America BAC Asset turnover

Asset turnover at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
0.0×
U.S. Bancorp logo
U.S. BancorpUSB
0.0×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.0×
Truist Financial logo
Truist FinancialTFC
0.0×
PNC Financial Services logo
PNC Financial ServicesPNC
0.0×
Citizens Financial Group logo
Citizens Financial GroupCFG
0.0×

Other financials

Income statement

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Revenue$30.3B+7.2%
Net income$8.6B+16.6%
EPS (diluted)$1.11+24.7%

Balance sheet

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Cash & equivalents$242.48B-11.4%
Total debt$337.44B+7.7%
Total equity$300.67B+2.3%
Total assets$3.50T+4.4%

Cash flow

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Operating cash flow$41.8B+2,013%

Valuation

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Market cap$401.17B+9.8%
Enterprise value$496.13B+24.2%
P/E12.7×-0.6×
P/S3.5×+0.1×

Profitability

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Net margin27.3%+1.8pp

Returns & leverage

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Return on equity10.7%+1.2pp
Debt / equity1.1×+0.1×

Where this comes from

Calculated from Bank of America’s reported figures.

Based on trailing twelve months.

The official record: Bank of America’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bank of America's asset turnover?
Bank of America (BAC) reported asset turnover of 0× in Q1 2026.
How has Bank of America's asset turnover changed year-over-year?
Bank of America's asset turnover increased by 3.7% year-over-year, from 0× to 0×.
What is the long-term trend for Bank of America's asset turnover?
Over 4 years (2021 to 2025), Bank of America's asset turnover has grown at a 2.6% compound annual growth rate (CAGR), from 0.1× to 0.1×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.