BAC

Bank of America Corporation

Halal Rating :
Uncomfortable
Last Price $46.54 Last updated:
Market Cap $357.02b
7D Change 3.28%
1 Year Change 42.98%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • National Commercial Banks
Exchange NYSE
Next Earnings Date Oct. 15, 2024

Bank of America Corporation is one of the largest financial institutions in the United States, providing a full range of banking and nonbank financial services. The company operates through various segments including Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $25.34b $23.52b $13.97b $23.52b 55.11% 100.00%
June 30, 2024 $25.38b $23.15b $13.7b $23.15b 53.99% 100.00%
March 31, 2024 $25.82b $22.25b $14.03b $22.25b 54.35% 100.00%

Company Impact

Help us evaluate Bank of America Corporation's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.

Contribute

Recent News & Updates