Tier 1 capital refers to the core capital that a bank holds in its reserves, which is used to support its business activities and serve its clients. The tier 1 capital of Bank of America increased considerably between 2007 and 2023, despite some fluctuations. In 2023, the tier 1 capital of the bank amounted to over 223 billion U.S. dollars
Value of Tier 1 capital of Bank of America from 2007 to 2023
(in billion U.S. dollars)
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Bank of America. (March 6, 2024). Value of Tier 1 capital of Bank of America from 2007 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1478060/bank-of-america-tier-1-capital-at-year-end/
Bank of America. "Value of Tier 1 capital of Bank of America from 2007 to 2023 (in billion U.S. dollars)." Chart. March 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1478060/bank-of-america-tier-1-capital-at-year-end/
Bank of America. (2024). Value of Tier 1 capital of Bank of America from 2007 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1478060/bank-of-america-tier-1-capital-at-year-end/
Bank of America. "Value of Tier 1 Capital of Bank of America from 2007 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1478060/bank-of-america-tier-1-capital-at-year-end/
Bank of America, Value of Tier 1 capital of Bank of America from 2007 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1478060/bank-of-america-tier-1-capital-at-year-end/ (last visited November 22, 2024)
Value of Tier 1 capital of Bank of America from 2007 to 2023 (in billion U.S. dollars) [Graph], Bank of America, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1478060/bank-of-america-tier-1-capital-at-year-end/
