Market capitalization of Bank of America (BAC)

Market cap: ₹26.144 Trillion

As of October 2024 Bank of America has a market cap of ₹26.144 Trillion. This makes Bank of America the world's 30th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Bank of America from 1996 to 2024

End of year Market Cap

Year	Market cap	Change
2024	₹26.144 T	17.86%
2023	₹22.182 T	0.89%
2022	₹21.986 T	-17.8%
2021	₹26.749 T	39.49%
2020	₹19.176 T	-13.59%
2019	₹22.192 T	33.22%
2018	₹16.659 T	-15.27%
2017	₹19.660 T	29.55%
2016	₹15.175 T	30.72%
2015	₹11.609 T	-2.64%
2014	₹11.923 T	17.03%
2013	₹10.188 T	48.7%
2012	₹6.851 T	129.83%
2011	₹2.981 T	-50.55%
2010	₹6.028 T	-0.27%
2009	₹6.044 T	78.01%
2008	₹3.395 T	-52.79%
2007	₹7.193 T	-31.98%
2006	₹10.575 T	9.54%
2005	₹9.654 T	17.03%
2004	₹8.249 T	56.12%
2003	₹5.283 T	5.54%
2002	₹5.006 T	5.71%
2001	₹4.736 T	37.09%
2000	₹3.454 T	-5.59%
1999	₹3.659 T	-16.99%
1998	₹4.408 T	159.01%
1997	₹1.702 T	60.87%
1996	₹1.058 T

End of Day market cap according to different sources

On Oct 4th, 2024 the market cap of Bank of America was reported to be:

₹26.144 Trillion

by Yahoo Finance

₹26.144 Trillion

by CompaniesMarketCap

₹26.144 Trillion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
U.S. Bancorp USB	₹5.859 T	-77.59%	🇺🇸 USA
Citigroup C	₹10.038 T	-61.60%	🇺🇸 USA
Wells Fargo WFC	₹16.286 T	-37.71%	🇺🇸 USA
JPMorgan Chase JPM	₹50.481 T	93.09%	🇺🇸 USA
Barclays BCS	₹3.700 T	-85.84%	🇬🇧 UK
Trustmark TRMK	₹163.55 B	-99.37%	🇺🇸 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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