Total Debt for Bank of America (BAC)
According to Bank of America's latest reported financial statements, the company's latest reported total debt is $383.59B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$383.59B
YoY change
-44.4%
5Y CAGR
-4.2%
Peak year (2009)
$763.23B
Latest annual
$365.90B
Total Debt history chart for Bank of America (BAC) from 1992 to 2025
Total Debt history table for Bank of America (BAC) from 1992 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $365.90B | -44.4% | ||
| 2024 | $658.43B | +6.5% | ||
| 2023 | $618.19B | +24.0% | ||
| 2022 | $498.55B | +0.5% | ||
| 2021 | $496.20B | +9.6% | ||
| 2020 | $452.58B | +5.2% | ||
| 2019 | $430.17B | -1.5% | ||
| 2018 | $436.57B | -0.1% | ||
| 2017 | $436.93B | +6.3% | ||
| 2016 | $411.06B | -6.4% | ||
| 2015 | $439.15B | -7.7% | ||
| 2014 | $475.59B | -3.7% | ||
| 2013 | $493.78B | -17.6% | ||
| 2012 | $599.58B | -3.7% | ||
| 2011 | $622.83B | -17.4% | ||
| 2010 | $753.75B | -1.2% | ||
| 2009 | $763.23B | +20.6% | ||
| 2008 | $632.95B | +3.8% | ||
| 2007 | $610.03B | +20.7% | ||
| 2006 | $505.34B | +10.4% | ||
| 2005 | $457.77B | +54.4% | ||
| 2004 | $296.42B | +51.3% | ||
| 2003 | $195.87B | +29.3% | ||
| 2002 | $151.46B | +9.8% | ||
| 2001 | $137.97B | -13.3% | ||
| 2000 | $159.16B | -12.9% | ||
| 1999 | $182.67B | +26.0% | ||
| 1998 | $144.92B | +18.5% | ||
| 1997 | $122.35B | +160.4% | ||
| 1996 | $46.99B | -12.4% | ||
| 1995 | $53.66B | +25.9% | ||
| 1994 | $42.62B | -19.0% | ||
| 1993 | $52.60B | +110.2% | ||
| 1992 | $25.02B | — |
Total Debt 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
In 2025, Bank of America (BAC) total debt totalled $365.90B – plunged 44.4% year-over-year.
Over 2020–2025 (5 years), Bank of America total debt expanded at a -4.2% compound annual rate, with a net decline across the window.
The highest annual total debt of $763.23B was reported in 2009. The lowest in the available history was $25.02B in 1992.
Bank of America (BAC) sits 6th of 8 Financial Services peers we track on this metric, against a peer median of $450.64B.
Bank of America Total Debt by Year
Bank of America Total Debt 2025: $365.90B
Bank of America total debt in 2025 was $365.90B, plunged 44.4% below 2024.
Bank of America Total Debt 2024: $658.43B
Bank of America total debt in 2024 was $658.43B, grew 6.5% from 2023.
Bank of America Total Debt 2023: $618.19B
Bank of America total debt in 2023 was $618.19B, grew 24.0% from 2022.
Bank of America Total Debt 2022: $498.55B
Bank of America total debt in 2022 was $498.55B, edged up 0.5% from 2021.
Bank of America Total Debt 2021: $496.20B
Bank of America total debt in 2021 was $496.20B.
See more financial history for Bank of America (BAC).
Sector peers — Total Debt
Companies in the same sector as Bank of America, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $942.38B | Financial Services |
| Citigroup Inc. (C) | $715.80B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $609.53B | Financial Services |
| Morgan Stanley (MS) | $475.56B | Financial Services |
| Wells Fargo & Company (WFC) | $425.72B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $138.95B | Financial Services |
| Visa Inc. (V) | $25.17B | Financial Services |
| Mastercard Incorporated (MA) | $19.00B | Financial Services |
Frequently asked questions
What is Bank of America's total debt?
- Latest reported total debt for Bank of America (BAC) is $383.59B (period ending March 31, 2026).
How has Bank of America total debt changed year-over-year?
- Bank of America (BAC) total debt changed -44.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Bank of America total debt?
- Bank of America (BAC) total debt compound annual growth rate is -4.2% over the most recent 5 years available.
When did Bank of America total debt hit its highest annual value?
- Bank of America total debt reached its highest annual value of $763.23B in 2009.
What was Bank of America total debt in 2024?
- Bank of America (BAC) total debt in 2024 was $658.43B.
What was Bank of America total debt in 2025?
- Bank of America (BAC) total debt in 2025 was $365.90B.
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