Bank of America, one of the largest financial institutions in the United States, experienced significant growth in its total assets between 2009 and 2023. The bank maintained a strong upward trajectory, with its asset base expanding consistently for nine consecutive years. However, this pattern of continuous growth came to an end in 2022, when the bank recorded its first year-over-year decline in total assets. Despite this temporary setback, Bank of America remained a financial powerhouse, with its total assets reaching approximately 3.18 trillion U.S. dollars by the end of 2023, cementing its position as one of the country's leading banking institutions.
Total assets of Bank of America from 2009 to 2023
(in billion U.S. dollars)
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Bank of America, & U.S. Securities and Exchange Commission. (March 6, 2024). Total assets of Bank of America from 2009 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/
Bank of America, und U.S. Securities and Exchange Commission. "Total assets of Bank of America from 2009 to 2023 (in billion U.S. dollars)." Chart. March 6, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/
Bank of America, U.S. Securities and Exchange Commission. (2024). Total assets of Bank of America from 2009 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/
Bank of America, and U.S. Securities and Exchange Commission. "Total Assets of Bank of America from 2009 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/
Bank of America & U.S. Securities and Exchange Commission, Total assets of Bank of America from 2009 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/ (last visited December 30, 2024)
Total assets of Bank of America from 2009 to 2023 (in billion U.S. dollars) [Graph], Bank of America, & U.S. Securities and Exchange Commission, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/249605/bank-of-america-total-assets-at-year-end/
