Bank of America, one of the largest financial institutions in the United States, experienced significant growth in its total assets between 2009 and 2024. 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 3.26 trillion U.S. dollars by the end of 2024, cementing its position as one of the country's leading banking institutions.

Between 2014 and 2024, Bank of America's total assets were overwhelmingly concentrated in the United States. In 2024, the bank's total assets in the U.S. reached approximately **** trillion U.S. dollars, the highest recorded during this period.

Graph and download economic data for Total Assets, All Commercial Banks (H8B1151NCBCMG) from Feb 1973 to Jun 2025 about assets, banks, depository institutions, and USA.

Bank of America's retail customer assets surpassed the trillion-dollar mark in 2024, reaching 1.03 trillion U.S. dollars. This milestone reflects the bank's significant growth in consumer wealth management over the past decade, despite a slight decline from its peak of 1.13 trillion U.S. dollars in 2021.

United States Bank of America (BAC): Total Assets (TA) data was reported at 1,852,983,000.000 USD th in Dec 2019. This records an increase from the previous number of 1,812,976,000.000 USD th for Sep 2019. United States Bank of America (BAC): Total Assets (TA) data is updated quarterly, averaging 1,448,273,067.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 1,852,983,000.000 USD th in Dec 2019 and a record low of 540,610,000.000 USD th in Mar 2002. United States Bank of America (BAC): Total Assets (TA) data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB055: Financial Data: Federal Deposit Insurance Corporation: Bank of America.

Bank of America's client assets reveal a significant concentration in brokerage assets and assets under management, with both categories approaching the 1.9 trillion U.S. dollar mark in 2024. This substantial portfolio underscores the bank's strong position in wealth management and investment services, highlighting its ability to attract and retain high-value clients in a competitive financial landscape.

Brazil Bank of America Merrill Lynch: Prudential: Adjusted Total Assets data was reported at 19,123,608.000 BRL th in Mar 2019. This records an increase from the previous number of 17,456,093.000 BRL th for Dec 2018. Brazil Bank of America Merrill Lynch: Prudential: Adjusted Total Assets data is updated quarterly, averaging 19,678,956.000 BRL th from Mar 2014 (Median) to Mar 2019, with 21 observations. The data reached an all-time high of 26,287,989.000 BRL th in Sep 2015 and a record low of 8,049,003.000 BRL th in Jun 2014. Brazil Bank of America Merrill Lynch: Prudential: Adjusted Total Assets data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Banking Sector – Table BR.KBC053: Commercial Banks: Assets and Liabilities: Bank of America Merril Lynch.

India Bank of America: Total Assets data was reported at 380,988.414 INR mn in 2018. This records an increase from the previous number of 348,451.251 INR mn for 2017. India Bank of America: Total Assets data is updated yearly, averaging 50,913.550 INR mn from Mar 1979 (Median) to 2018, with 40 observations. The data reached an all-time high of 380,988.414 INR mn in 2018 and a record low of 1,586.100 INR mn in 1979. India Bank of America: Total Assets data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.KBP007: Foreign Banks: Assets and Liabilities: Bank of America.

Bank Of America goodwill and intangible assets for the quarter ending March 31, 2025 were $69.021B, a 0% increase year-over-year. Bank Of America goodwill and intangible assets for 2024 were $69.021B, a 0% decline from 2023. Bank Of America goodwill and intangible assets for 2023 were $69.021B, a 0% decline from 2022. Bank Of America goodwill and intangible assets for 2022 were $69.022B, a 0% decline from 2021.

The total assets of the Bank of America increased considerably between the first quarter of 2012 and the fourth quarter of 2024. Between 2012 and 2020, the asset growth of the bank was relatively slow, but assets increased notably in 2020 and 2021. While there was a slight decline in total assets in 2022, 2023 and 2024 saw another increasing trend. At the end of 2024, the bank's total assets amounted to over 3.2 trillion U.S. dollars.

Graph and download economic data for Banks with Total Assets from $1B to $10B (DISCONTINUED) (FREQ3) from Q1 1988 to Q3 2020 about assets, banks, depository institutions, and USA.

JPMorgan Chase was the leading bank in the United States as of December 2024, with its market share of total assets amounting to 14.31 percent. This means that the value of assets of JPMorgan Chase was equivalent to 14.31 percent of the total value of assets of all FDIC-insured institutions in the United States. Bank of America and Wells Fargo followed, with 10.71 and 7.06 percent of the total banking assets, respectively. The value of JPMorgan Chase's total assets exceeded 3.4 trillion U.S. dollars in 2024. JPMorgan Chase: an industry leader in U.S. banking JPMorgan Chase is undoubtedly one of the leading financial services companies in the United States. It does not only rank first in terms of market share of total assets, but it also has the largest market capitalization and value of total and domestic deposits. The New York-based banking giant is also among the largest banks globally. In terms of assets, JPMorgan Chased ranked fifth in 2023, with only four Chinese banks having had higher amounts of assets. Bank failures in the U.S. The failures of Silicon Valley Bank (SVB) and Signature Bank in March 2023 marked the first bank failures in the U.S. since 2021. The total assets lost in the failure of these two banks amounted to 319.4 billion U.S. dollars. In comparison, the total assets of the 371 U.S. bank failures between 2010 and 2022 amounted to 168 billion U.S. dollars. Both SVB and Signature Bank had a disproportionately low share of deposits of less than 250,000 U.S. dollars in the fourth quarter of 2022 (2.7 percent and 6.2 percent, respectively), which meant that the majority of deposits held at these banks were not secured by the FDIC.

Graph and download economic data for Total Assets for Commercial Banks in Delaware (DISCONTINUED) (DETAST) from Q1 1984 to Q3 2020 about DE, commercial, assets, banks, depository institutions, and USA.

Graph and download economic data for Total Assets, Small Domestically Chartered Commercial Banks (TLASCBM027SBOG) from Apr 1985 to Jun 2025 about small, domestic, assets, banks, depository institutions, and USA.

Graph and download economic data for Total Assets for Commercial Banks in Indiana (DISCONTINUED) (INTAST) from Q1 1984 to Q3 2020 about IN, commercial, assets, banks, depository institutions, and USA.

As of January 2022, banks in Panama reached nearly 72 billion U.S. dollars worth of assets, making it the banking industry with highest assets among Central American countries. Guatemala ranked second, with assets amounting to 58.7 billion dollars. In 2019, Banco General was the leading bank in Panama, based on assets value.

Graph and download economic data for Total Assets for Commercial Banks in Minnesota (DISCONTINUED) (MNTAST) from Q1 1984 to Q3 2020 about MN, commercial, assets, banks, depository institutions, and USA.

Graph and download economic data for Quarterly Average of Total Assets for Commercial Banks in South Carolina (DISCONTINUED) (SCQATA) from Q1 1984 to Q3 2020 about SC, commercial, assets, banks, depository institutions, and USA.

Thailand BAC: Total Assets data was reported at 64,642,127.000 THB th in Oct 2018. This records an increase from the previous number of 63,128,352.000 THB th for Sep 2018. Thailand BAC: Total Assets data is updated monthly, averaging 55,732,163.500 THB th from Jan 2011 (Median) to Oct 2018, with 94 observations. The data reached an all-time high of 85,257,092.000 THB th in Sep 2015 and a record low of 26,489,651.000 THB th in Mar 2011. Thailand BAC: Total Assets data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.KB058: Balance Sheet: Foreign Bank: Bank of America.

United States - Total Assets, All Commercial Banks was 24504.69840 Bil. of U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, United States - Total Assets, All Commercial Banks reached a record high of 24593.00380 in June of 2025 and a record low of 699.56240 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Assets, All Commercial Banks - last updated from the United States Federal Reserve on July of 2025.