What is Bank of America's ROA mentioned?

• A. 1.15%
• B. 0.95%
• C. 1.50%
• D. 0.85%

Answer: (A)

ROA shows how efficiently a bank turns its assets into profits. It’s calculated by dividing net income by the average total assets over the period. For a large bank like Bank of America, ROA is a small percentage—profit per asset is modest despite a huge asset base. The correct choice is the value that aligns with this typical, modest profitability level for a big lender. The other numbers would imply a level of profitability that’s unusually high or low for a bank of this size, making them less plausible. To verify, you’d take the period’s net income and divide by the period’s average assets, and compare the result to the given options to see which matches Bank of America’s reported ROA.