Over half of the global outstanding loans and leases by the Bank of America in 2023 were in the commercial segment. Meanwhile, consumer loans and leases amounted to roughly 460 billion U.S. dollars that year. That ratio has changed a lot in the past decade, as consumer loans made up the majority of the outstanding lending between 2013 and 2015. U.S. commercial lending and residential mortgages were the largest segments of the outstanding lending by Bank of America in 2022.
Value of commercial and consumer loans and leases outstanding by Bank of America worldwide from 2013 to 2023
(in billion U.S. dollars)
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Bank of America. (March 1, 2024). Value of commercial and consumer loans and leases outstanding by Bank of America worldwide from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1413004/global-commercial-and-consumer-loans-by-bank-of-america-by-type/
Bank of America. "Value of commercial and consumer loans and leases outstanding by Bank of America worldwide from 2013 to 2023 (in billion U.S. dollars)." Chart. March 1, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1413004/global-commercial-and-consumer-loans-by-bank-of-america-by-type/
Bank of America. (2024). Value of commercial and consumer loans and leases outstanding by Bank of America worldwide from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1413004/global-commercial-and-consumer-loans-by-bank-of-america-by-type/
Bank of America. "Value of Commercial and Consumer Loans and Leases Outstanding by Bank of America Worldwide from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1413004/global-commercial-and-consumer-loans-by-bank-of-america-by-type/
Bank of America, Value of commercial and consumer loans and leases outstanding by Bank of America worldwide from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1413004/global-commercial-and-consumer-loans-by-bank-of-america-by-type/ (last visited December 21, 2024)
Value of commercial and consumer loans and leases outstanding by Bank of America worldwide from 2013 to 2023 (in billion U.S. dollars) [Graph], Bank of America, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1413004/global-commercial-and-consumer-loans-by-bank-of-america-by-type/