The market capitalization of Bank of America increased overall between 2001 and 2023, despite a sharp decrease in 2022. In 2021, the market capitalization of the U.S. banking giant was approximately 359 billion U.S. dollars, which was more than 3.5 times higher than in 2001. In 2022, the market capitalization of the bank dropped to 265.7 billion U.S. dollars, and it remained more or less the same in 2023. The market capitalization of Bank of America was the lowest in 2011, when the value of the bank was 56.35 billion U.S. dollars.
Market capitalization of Bank of America from 2001 to 2023
(in billion U.S. dollars)
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CompaniesMarketCap.com. (June 5, 2024). Market capitalization of Bank of America from 2001 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1329437/bank-of-america-market-capitalization/
CompaniesMarketCap.com. "Market capitalization of Bank of America from 2001 to 2023 (in billion U.S. dollars) ." Chart. June 5, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1329437/bank-of-america-market-capitalization/
CompaniesMarketCap.com. (2024). Market capitalization of Bank of America from 2001 to 2023 (in billion U.S. dollars) . Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1329437/bank-of-america-market-capitalization/
CompaniesMarketCap.com. "Market Capitalization of Bank of America from 2001 to 2023 (in Billion U.S. Dollars) ." Statista, Statista Inc., 5 Jun 2024, https://www.statista.com/statistics/1329437/bank-of-america-market-capitalization/
CompaniesMarketCap.com, Market capitalization of Bank of America from 2001 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1329437/bank-of-america-market-capitalization/ (last visited December 21, 2024)
Market capitalization of Bank of America from 2001 to 2023 (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, June 5, 2024. [Online]. Available: https://www.statista.com/statistics/1329437/bank-of-america-market-capitalization/