Bank of America Cost of Revenue 2011-2025 | BAC

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Bank of America

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
40.2 B	38.3 B	36.4 B	36.1 B	32.7 B	32 B	31.9 B	31.9 B	32 B	32.8 B	33.8 B	34.7 B	35.6 B	37 B

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
40.2 B	31.9 B	34.7 B

Quarterly Cost of Revenue Bank of America

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
10.5 B	10.3 B	10.9 B	-	9.92 B	9.83 B	10.2 B	-	9.55 B	9.4 B	9.92 B	-	8.89 B	8.92 B	9.48 B	-	8.71 B	8.65 B	9.74 B	-	8.2 B	7.99 B	8.34 B	-	7.78 B	7.97 B	8.25 B	-	7.72 B	7.94 B	8.48 B	-	7.81 B	8.04 B	8.48 B	-	7.7 B	7.72 B	8.85 B	-	7.83 B	7.89 B	9.61 B	-	8.04 B	8.31 B	9.75 B	-	8.31 B	8.53 B	9.89 B	-	8.43 B	8.73 B	10.2 B	-	8.86 B	9.17 B	10.2 B

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
10.9 B	7.7 B	8.89 B

Cost of Revenue of other stocks in the Banks industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
Credit Suisse Group AG CS	8.96 B	-	-0.03 %	$ 3.27 B	Schweiz
Generations Bancorp NY GBNY	6.08 M	-	1.23 %	$ 34.4 M	USA
Citigroup C	28.5 B	$ 113.05	1.1 %	$ 215 B	USA
Bank of the James Financial Group BOTJ	18.3 M	$ 18.05	0.28 %	$ 82.4 M	USA
East West Bancorp EWBC	551 M	$ 113.6	-0.02 %	$ 15.8 B	USA
Eastern Bankshares EBC	302 M	$ 19.55	-0.53 %	$ 3.54 B	USA
HDFC Bank Limited HDB	165 B	$ 36.0	0.36 %	$ 199 B	India
Grupo Aval Acciones y Valores S.A. AVAL	4.77 T	$ 4.12	-	$ 2.93 B	Colombia
Mitsubishi UFJ Financial Group MUFG	1.25 T	$ 16.4	2.47 %	$ 191 B	Japan
International Bancshares Corporation IBOC	146 M	$ 72.78	0.39 %	$ 4.53 B	USA
The Bank of N.T. Butterfield & Son Limited NTB	161 M	$ 51.18	-0.33 %	$ 1.43 B	Bermuda
OptimumBank Holdings OPHC	11.1 M	-	0.21 %	$ 34.4 M	USA
Premier Financial Corp. PFC	86.3 M	-	-	$ 1 B	USA
JPMorgan Chase & Co. JPM	51.4 B	$ 320.0	0.37 %	$ 920 B	USA
South State Corporation SSB	607 M	$ 96.95	0.98 %	$ 7.4 B	USA
Wells Fargo & Company WFC	27.7 B	$ 92.76	-0.02 %	$ 318 B	USA