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Bank of America
BAC
#26
Rank
$336.59 B
Marketcap
🇺🇸 United States
Country
$44.69
Share price
0.70%
Change (1 day)
15.12%
Change (1 year)
🏦 Banks💳 Financial services
Categories

Bank of America Corporation is a major US bank headquartered in Charlotte, North Carolina. The company was at times the largest credit institution in the United States.

Bank of America (BAC) - Total debt

Total debt on the balance sheet as of December 2024 : $326.67 Billion USD

According to Bank of America 's latest financial reports the company's total debt is $326.67 Billion USD. A company’s total debt is the sum of all current and non-current debts.

Bank of America - Total debt on balance sheet (from 1996 to 2024)

Total debt by year

Year Total debt Change
2024-12-31$326.67 B-2.28%
2023-12-31$334.30 B10.36%
2022-12-31$302.91 B-0.31%
2021-12-31$303.87 B7.66%
2020-12-31$282.25 B6.49%
2019-12-31$265.06 B6.2%
2018-12-31$249.58 B-4.03%
2017-12-31$260.06 B8.02%
2016-12-31$240.76 B-9.1%
2015-12-31$264.86 B-3.44%
2014-12-31$274.31 B-7.22%
2013-12-31$295.67 B-3.47%
2012-12-31$306.31 B-24.92%
2011-12-31$407.96 B-19.75%
2010-12-31$508.39 B0.07%
2009-12-31$508.04 B19.16%
2008-12-31$426.34 B9.71%
2007-12-31$388.59 B35.02%
2006-12-31$287.81 B32.56%
2005-12-31$217.11 B22.89%
2004-12-31$176.67 B49.95%
2003-12-31$117.82 B36.4%
2002-12-31$86.37 B-4.28%
2001-12-31$90.24 B-17.77%
2000-12-31$109.74 B1.51%
1999-12-31$108.11 B39.72%
1998-12-31$77.37 B26.99%
1997-12-31$60.93 B120.7%
1996-12-31$27.60 B

Total debt for similar companies or competitors

Company Total debt/th> differencediff. Country
U.S. Bancorp
USB
$65.62 B-79.91%🇺🇸 USA
Citigroup
C
$335.80 B 2.80%🇺🇸 USA
Wells Fargo
WFC
$186.64 B-42.86%🇺🇸 USA
JPMorgan Chase
JPM
$454.31 B 39.07%🇺🇸 USA
Barclays
BCS
$233.09 B-28.65%🇬🇧 UK
Trustmark
TRMK
$0.42 B-99.87%🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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