Bank Of America Total Assets 2010-2024 | BAC (2024)

Bank Of America total assets from 2010 to 2024. Total assets can be defined as the sum of all assets on a company's balance sheet.

  • Bank Of America total assets for the quarter ending March 31, 2024 were $3,180.151B, a 4.22% increase year-over-year.
  • Bank Of America total assets for 2023 were $3180.151B, a 4.22% increase from 2022.
  • Bank Of America total assets for 2022 were $3051.375B, a 3.73% decline from 2021.
  • Bank Of America total assets for 2021 were $3169.495B, a 12.41% increase from 2020.

Bank Of America Annual Total Assets
(Millions of US $)
2023$3,180,151
2022$3,051,375
2021$3,169,495
2020$2,819,627
2019$2,434,079
2018$2,354,507
2017$2,281,234
2016$2,188,067
2015$2,144,287
2014$2,104,534
2013$2,102,273
2012$2,209,974
2011$2,129,046
2010$2,264,909
2009$2,230,232
Bank Of America Quarterly Total Assets
(Millions of US $)
2023-12-31$3,180,151
2023-09-30$3,153,090
2023-06-30$3,123,198
2023-03-31$3,194,657
2022-12-31$3,051,375
2022-09-30$3,072,953
2022-06-30$3,111,606
2022-03-31$3,238,223
2021-12-31$3,169,495
2021-09-30$3,085,446
2021-06-30$3,029,894
2021-03-31$2,969,992
2020-12-31$2,819,627
2020-09-30$2,738,452
2020-06-30$2,741,688
2020-03-31$2,619,954
2019-12-31$2,434,079
2019-09-30$2,426,330
2019-06-30$2,395,892
2019-03-31$2,377,164
2018-12-31$2,354,507
2018-09-30$2,338,833
2018-06-30$2,291,670
2018-03-31$2,328,478
2017-12-31$2,281,234
2017-09-30$2,283,896
2017-06-30$2,254,529
2017-03-31$2,247,701
2016-12-31$2,188,067
2016-09-30$2,195,314
2016-06-30$2,186,609
2016-03-31$2,185,498
2015-12-31$2,144,287
2015-09-30$2,153,006
2015-06-30$2,149,034
2015-03-31$2,143,545
2014-12-31$2,104,534
2014-09-30$2,123,613
2014-06-30$2,170,557
2014-03-31$2,149,851
2013-12-31$2,102,273
2013-09-30$2,126,653
2013-06-30$2,123,320
2013-03-31$2,174,819
2012-12-31$2,209,974
2012-09-30$2,166,162
2012-06-30$2,160,854
2012-03-31$2,181,449
2011-12-31$2,129,046
2011-09-30$2,219,628
2011-06-30$2,261,319
2011-03-31$2,274,532
2010-12-31$2,264,909
2010-09-30$2,339,660
2010-06-30$2,363,878
2010-03-31$2,338,700
2009-12-31$2,230,232
2009-09-30$2,251,043
2009-06-30$2,254,394
2009-03-31$2,321,963
SectorIndustryMarket CapRevenue
FinanceBanks - Major Regional$302.369B$171.912B
Bank of America Corp. is one of the largest financial holding companies in the U.S. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. All Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc.
Stock NameCountryMarket CapPE Ratio
JPMorgan Chase (JPM)United States$554.543B11.16
Wells Fargo (WFC)United States$214.548B11.68
Citigroup (C)United States$119.647B11.77
U.S Bancorp (USB)United States$64.834B10.25
PNC Financial Services (PNC)United States$62.878B11.73
Truist Financial (TFC)United States$51.769B11.08
Bank Of New York Mellon (BK)United States$43.629B11.10
Fifth Third Bancorp (FITB)United States$25.354B10.52
M&T Bank (MTB)United States$24.654B9.82
State Street (STT)United States$22.431B9.49
Northern Trust (NTRS)United States$17.247B13.09
KeyCorp (KEY)United States$13.847B14.49
Comerica (CMA)United States$7.015B8.02
BankUnited (BKU)United States$2.077B10.03
Bank Of America Total Assets 2010-2024 | BAC (2024)

FAQs

Bank Of America Total Assets 2010-2024 | BAC? ›

Bank Of America total assets from 2010 to 2024. Total assets can be defined as the sum of all assets on a company's balance sheet. Bank Of America total assets for the quarter ending March 31, 2024 were $3,180.151B, a 4.22% increase year-over-year.

What is the total assets of Bank of America? ›

Total assets on the balance sheet as of December 2023 : $3.180 T. According to Bank of America 's latest financial reports the company's total assets are $3.180 T. A company's total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

How strong is Bank of America's balance sheet? ›

Bank of America (BAC) Balance Sheet

Bank of America's total assets for Q4 2023 were $3.18T, an increase of 0.86% from the previous quarter. BAC total liabilities were $2.89T for the fiscal quarter, a 0.78% a decrease from the previous quarter. See a summary of the company's assets, liabilities, and equity.

What are the total assets of the US Bank? ›

What is Bank of America's net worth? ›

Bank of America has a market cap or net worth of $302.07 billion as of April 24, 2024. Its market cap has increased by 27.85% in one year.

What is the total assets of Bank of America in billion? ›

Bank Of America total assets for the quarter ending March 31, 2024 were $3,180.151B, a 4.22% increase year-over-year. Bank Of America total assets for 2023 were $3180.151B, a 4.22% increase from 2022. Bank Of America total assets for 2022 were $3051.375B, a 3.73% decline from 2021.

Which US bank has most assets? ›

JPMorgan Chase is the richest bank in the U.S., based on Federal Reserve data for consolidated assets. It has over $3.3 trillion in total assets, more than any bank in the country.

Is Bank of America in debt? ›

Total debt on the balance sheet as of December 2023 : $334.30 B. According to Bank of America 's latest financial reports the company's total debt is $334.30 B. A company's total debt is the sum of all current and non-current debts.

How financially stable is Bank of America? ›

Its financial health is crucial to the stability of the US banking system. In recent years, Bank of America's financial performance has been relatively stable. In 2022, the bank reported a net income of $20.4 billion, a decrease from the previous year's $27.4 billion.

How financially secure is Bank of America? ›

Is Bank of America trusted? Yes, Bank of America is a trusted financial institution. It's a member of the FDIC, so deposits are insured up to $250,000 per depositor.

What is the #1 bank in America? ›

List of largest banks in the United States
RankBank nameHeadquarters location
1JPMorgan ChaseNew York City
2Bank of AmericaCharlotte, North Carolina
3CitigroupNew York City
4Wells FargoSan Francisco, California
82 more rows

What does total assets mean? ›

What are total assets? Total assets are the representation of the worth of everything a person or company owns, which can you calculate by adding its owner's equity to its liabilities. Equity is how much the company is worth, or its capital, and liabilities are what it owes.

What family owns Bank of America? ›

Bank of America is a publicly held company owned by shareholders. Institutional investors own about 59% of its shares. The largest shareholder is Warren Buffett's Berkshire Hathaway, which owns about 13% of the shares.

Who owns the most Bank of America stock? ›

Berkshire Hathaway Inc. owns the most shares of Bank of America (BAC).

Who owns Bank of America now? ›

Bank of America is primarily owned by Warren Buffet and his Berkshire Hathaway, with a 12.9% stake, followed by The Vanguard Group with 7.6% ownership and BlackRock with 5.9% ownership. Top individual investors comprise Brian T. Moynihan, CEO, and Chair of the Board, Geoffrey S. Greener, Chief Risk Officer, and Paul M.

Which bank has the most assets in the world? ›

Industrial and Commercial Bank of China Limited

Which bank has the biggest asset? ›

According to BusinessDay's findings, Access Bank top the list with total assets of N15 trillion, followed closely by Ecobank with total assets of N13. 37 trillion and Zenith Bank with total assets of N12. 29 trillion as of December 2022.

Which is the world's largest bank by total assets? ›

Industrial and Commercial Bank of China

Which is the top No. 1 bank in the world? ›

JPMorgan Chase

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