Total Assets for Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's latest reported total assets is $3.50T USD. Total assets sum everything the company reports owning at the end of each reporting period — cash, receivables, inventory, property, plant, equipment, intangibles, and other holdings — as filed on the balance sheet. Compare with total liabilities and net assets for the capital-structure picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal AssetsSwitch metric
Latest period
$3.50T
YoY change
+4.6%
5Y CAGR
+3.9%
Peak year (2025)
$3.41T
Latest annual
$3.41T
Total Assets history chart for Bank of America (BAC) from 1992 to 2025
Total Assets history table for Bank of America (BAC) from 1992 to 2025
| Fiscal year | Period ended | Reported | Total Assets | YoY |
|---|---|---|---|---|
| 2025 | $3.41T | +4.6% | ||
| 2024 | $3.26T | +2.6% | ||
| 2023 | $3.18T | +4.2% | ||
| 2022 | $3.05T | -3.7% | ||
| 2021 | $3.17T | +12.4% | ||
| 2020 | $2.82T | +15.8% | ||
| 2019 | $2.43T | +3.4% | ||
| 2018 | $2.35T | +3.2% | ||
| 2017 | $2.28T | +4.3% | ||
| 2016 | $2.19T | +2.0% | ||
| 2015 | $2.14T | +1.9% | ||
| 2014 | $2.10T | +0.1% | ||
| 2013 | $2.10T | -4.9% | ||
| 2012 | $2.21T | +3.8% | ||
| 2011 | $2.13T | -6.0% | ||
| 2010 | $2.26T | +1.6% | ||
| 2009 | $2.23T | +22.7% | ||
| 2008 | $1.82T | +6.0% | ||
| 2007 | $1.72T | +17.5% | ||
| 2006 | $1.46T | +13.0% | ||
| 2005 | $1.29T | +16.3% | ||
| 2004 | $1.11T | +50.8% | ||
| 2003 | $736.45B | +11.4% | ||
| 2002 | $660.95B | +6.3% | ||
| 2001 | $621.76B | -3.2% | ||
| 2000 | $642.19B | +1.5% | ||
| 1999 | $632.57B | +2.4% | ||
| 1998 | $617.68B | +8.2% | ||
| 1997 | $570.98B | +207.3% | ||
| 1996 | $185.79B | -0.8% | ||
| 1995 | $187.30B | +10.4% | ||
| 1994 | $169.60B | +7.6% | ||
| 1993 | $157.69B | +33.6% | ||
| 1992 | $118.06B | — |
Total Assets values are taken from Bank of America's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Bank of America (BAC) total assets is $3.41T – edged up 4.6% year-over-year.
Through 2020–2025 (5 years), Bank of America total assets delivered a +3.9% annualised rate; sustaining 3 straight years of year-over-year growth.
The highest annual total assets of $3.41T was reported in 2025. The lowest in the available history was $118.06B in 1992.
Among 8 Financial Services peers, Bank of America (BAC) ranks 2nd; the peer median for total assets is $1.61T.
Bank of America Total Assets by Year
Bank of America Total Assets 2025: $3.41T
Bank of America total assets in 2025 was $3.41T, edged up 4.6% from 2024. This figure represents the highest annual value in the available history.
Bank of America Total Assets 2024: $3.26T
Bank of America total assets in 2024 was $3.26T, edged up 2.6% from 2023.
Bank of America Total Assets 2023: $3.18T
Bank of America total assets in 2023 was $3.18T, edged up 4.2% from 2022.
Bank of America Total Assets 2022: $3.05T
Bank of America total assets in 2022 was $3.05T, edged down 3.7% below 2021.
Bank of America Total Assets 2021: $3.17T
Bank of America total assets in 2021 was $3.17T.
See more financial history for Bank of America (BAC).
Sector peers — Total Assets
Companies in the same sector as Bank of America, ranked by their latest total assets.
| Company | Total Assets | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $4.42T | Financial Services |
| Citigroup Inc. (C) | $2.66T | Financial Services |
| Wells Fargo & Company (WFC) | $2.15T | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $1.81T | Financial Services |
| Morgan Stanley (MS) | $1.42T | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $1.22T | Financial Services |
| Visa Inc. (V) | $99.63B | Financial Services |
| Mastercard Incorporated (MA) | $54.16B | Financial Services |
Frequently asked questions
What is Bank of America's total assets?
- Latest reported total assets for Bank of America (BAC) is $3.50T (period ending March 31, 2026).
How has Bank of America total assets changed year-over-year?
- Bank of America (BAC) total assets changed +4.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Bank of America total assets?
- Bank of America (BAC) total assets compound annual growth rate is +3.9% over the most recent 5 years available.
When did Bank of America total assets hit its highest annual value?
- Bank of America total assets reached its highest annual value of $3.41T in 2025.
What was Bank of America total assets in 2024?
- Bank of America (BAC) total assets in 2024 was $3.26T.
What was Bank of America total assets in 2025?
- Bank of America (BAC) total assets in 2025 was $3.41T.
Metrics overview
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