Bank of America's return on equity (ROE) - calculated by dividing net income by shareholders' equity - fluctuated significantly between 2007 and 2024. The ROE was 8.65 percent in 2024, down from 8.71 percent in 2023. In the observed period, the ROE of the bank was the highest in 2021, and the lowest in 2010, at negative 1.56 percent.

Bank of America's return on equity (ROE) has shown resilience in recent years, reaching 8.98 percent in the fourth quarter of 2024. This marks a significant improvement from the 4.32 percent recorded in the same quarter of 2023, reflecting the bank's ability to generate profits from shareholders' investments. The fluctuations in Bank of America's ROE mirror broader trends in the U.S. banking sector, which has demonstrated remarkable recovery from past financial crises and economic challenges.

The Dominican Republic's banking sector had the highest return on equity (ROE) in Latin America in 2021, with 23 percent. The banking sectors of Haiti, Guyana, and Uruguay also had ROEs above 20 percent. Among the observed countries, Venezuela and Colombia had the lowest ROE, with 6.5 and 4.8 percent, respectively.

Graph and download economic data for Return on Average Equity for all U.S. Banks (DISCONTINUED) (USROE) from Q1 1984 to Q3 2020 about ROE, banks, depository institutions, and USA.

In 2024, U.S. banks maintained a consistent return on equity (ROE), consistently exceeding ** percent quarterly. The fourth quarter saw ROE reach ***** percent, marking a continued recovery from previous economic disruptions. This performance reflects the banking sector's resilience through challenging periods, including the 2007-2008 financial crisis and the COVID-19 pandemic, highlighting the industry's capacity to adapt to economic volatility and regulatory shifts.

In the first half of 2024, JPMorgan Chase led the largest U.S. banks in terms of return on equity (ROE), reporting an impressive 15.79 percent. Fifth Third Bank secured the second position with a ROE of 11.66 percent. Citizens Bank and Wells Fargo followed in the ranking, with a ROE of 10.07 percent and 9.62 percent, respectively.

Graph and download economic data for Return on Average Equity for U.S. Banks with average assets greater than $15B (DISCONTINUED) (USG15ROE) from Q1 1984 to Q3 2020 about ROE, assets, banks, depository institutions, and USA.

All five largest U.S. banks saw their returns on equity increase in the last quarter of 2024 compared to the same period in the previous year. JPMorgan Chase led the way with a ROE of 16.25 percent. It was followed by U.S. Bancorp and Wells Fargo, both with ROEs above 11 percent.

This statistic presents the return on average equity of banks in the United States from 1996 to 2019. The value of ROAE of the American banks was 11.39 percent in 2019.