CET1 ratio at Bank of America 2014-2023
The Common Equity Tier 1 (CET1) ratio of Bank of America increased in 2023 when compared to the previous years. In 2023, the CET1 ratio of the Bank of America amounted to 11.8 percent, up from 11.2 percent in 2022. The CET1 ratio assesses a bank's capital against its risk-weighted assets to determine its resilience to financial stress.