Market capitalization of Bank of America 2001-2023
The market capitalization of Bank of America increased overall between 2001 and 2023, despite a sharp decrease in 2022. In 2021, the market capitalization of the U.S. banking giant was approximately 359 billion U.S. dollars, which was more than 3.5 times higher than in 2001. In 2022, the market capitalization of the bank dropped to 265.7 billion U.S. dollars, and it remained more or less the same in 2023. The market capitalization of Bank of America was the lowest in 2011, when the value of the bank was 56.35 billion U.S. dollars.