Companies: 10,176     total market cap: ₹9524.755 T
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Bank of America
BAC
#27
Rank
₹29.852 T
Marketcap
🇺🇸 United States
Country
₹3,891
Share price
-0.75%
Change (1 day)
55.60%
Change (1 year)
🏦 Banks💳 Financial services
Categories

Bank of America Corporation is a major US bank headquartered in Charlotte, North Carolina. The company was at times the largest credit institution in the United States.

Bank of America (BAC) - Total debt

Total debt on the balance sheet as of September 2024 : ₹28.328 Trillion

According to Bank of America 's latest financial reports the company's total debt is ₹28.328 Trillion. A company’s total debt is the sum of all current and non-current debts.

Bank of America - Total debt on balance sheet (from 1996 to 2024)

Total debt by year

Year Total debt Change
2023-12-31₹27.830 T11.03%
2022-12-31₹25.066 T10.83%
2021-12-31₹22.617 T9.57%
2020-12-31₹20.642 T9.21%
2019-12-31₹18.901 T8.31%
2018-12-31₹17.451 T5.09%
2017-12-31₹16.605 T1.49%
2016-12-31₹16.361 T-7.05%
2015-12-31₹17.601 T1.24%
2014-12-31₹17.385 T-4.83%
2013-12-31₹18.266 T8.91%
2012-12-31₹16.771 T-22.29%
2011-12-31₹21.581 T-5.27%
2010-12-31₹22.781 T-3.36%
2009-12-31₹23.573 T15.03%
2008-12-31₹20.492 T34.37%
2007-12-31₹15.250 T19.64%
2006-12-31₹12.747 T30.47%
2005-12-31₹9.770 T27.69%
2004-12-31₹7.651 T42.63%
2003-12-31₹5.364 T29.5%
2002-12-31₹4.142 T-4.87%
2001-12-31₹4.354 T-14.99%
2000-12-31₹5.122 T8.98%
1999-12-31₹4.699 T42.85%
1998-12-31₹3.290 T37.4%
1997-12-31₹2.394 T141.27%
1996-12-31₹992.50 B

Total debt for similar companies or competitors

Company Total debt/th> differencediff. Country
U.S. Bancorp
USB
₹6.634 T-76.58%🇺🇸 USA
Citigroup
C
₹28.755 T 1.51%🇺🇸 USA
Wells Fargo
WFC
₹16.586 T-41.45%🇺🇸 USA
JPMorgan Chase
JPM
₹38.923 T 37.40%🇺🇸 USA
Barclays
BCS
₹11.389 T-59.80%🇬🇧 UK
Trustmark
TRMK
₹56.48 B-99.80%🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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