Bank of America Liabilities 2024

Bank of America Liabilities

2.89 T USD

Bank of America Dividend yield

2.43 %

Ticker

BAC

ISIN

US0605051046

WKN

858388

In 2024, Bank of America's total liabilities amounted to 2.89 T USD, a 3.97% difference from the 2.78 T USD total liabilities in the previous year.

Bank of America Aktienanalyse

What does Bank of America do?

Bank of America Corp is an American multinational bank holding company headquartered in Charlotte, North Carolina. It is one of the largest banks in the world and offers a wide range of financial services and products to individuals, businesses, and institutions. The history of Bank of America dates back to 1904 when it was founded as the Bank of Italy in San Francisco. In 1928, it became known as Bank of America and quickly began to expand. In the 1950s and 60s, it was one of the first banks to offer credit cards and eventually merged with numerous other banks both domestically and internationally. As a result, it now has a presence in nearly every country in the world. Bank of America's business model includes various segments, including retail banking, commercial banking, wealth management, and investment banking. In retail banking, it offers checking accounts, savings accounts, credit cards, mortgages, auto loans, and various other financial products for individual customers. In commercial banking, the bank provides financing solutions and services to small and medium-sized businesses, institutions, and government agencies. Bank of America's wealth and investment management division offers a wide range of advisory and asset management services to high-net-worth individuals and institutional clients. For example, the bank offers a wide selection of investment funds, asset management services, and consulting services. Bank of America is also a major player in investment banking, where it assists companies with mergers and acquisitions, capital raising, and the placement of bonds and stocks in global markets. Bank of America is a leading global investment bank and has completed numerous landmark deals in recent years. Overall, Bank of America offers a wide range of products and services through its various business segments and branches to meet the financial needs of its customers. The bank also offers online banking and mobile banking services and actively promotes social and environmental responsibility. In summary, Bank of America Corp is one of the largest banks in the world, offering a wide range of financial services and products to individual customers, businesses, and institutions. Its business model includes retail banking, commercial banking, wealth management, and investment banking. Bank of America is a key player in investment banking and has completed numerous landmark deals in recent years. Branches and online banking are integral parts of its offering. Bank of America ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Bank of America's Liabilities

Bank of America's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Bank of America's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Bank of America's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Bank of America's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Bank of America’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Bank of America Stock

What is the level of liabilities of Bank of America this year?

Bank of America has a debt balance of 2.89 T USD this year.

What were the liabilities of Bank of America compared to the previous year?

The liabilities of Bank of America have increased by 3.97% increased compared to the previous year.

What are the consequences of high debt for investors of Bank of America?

High liabilities can pose a risk for investors of Bank of America, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Bank of America?

Low liabilities mean that Bank of America has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Bank of America affect the company?

An increase in liabilities of Bank of America can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Bank of America affect the company?

A decrease in the liabilities of Bank of America can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Bank of America?

Some factors that can influence the liabilities of Bank of America include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Bank of America so important for investors?

The liabilities of Bank of America are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Bank of America take to modify the liabilities?

To change its liabilities, Bank of America can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Bank of America pay?

Over the past 12 months, Bank of America paid a dividend of 0.92 USD . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, Bank of America is expected to pay a dividend of 0.98 USD.

What is the dividend yield of Bank of America?

The current dividend yield of Bank of America is 2.43 %.

When does Bank of America pay dividends?

Bank of America pays a quarterly dividend. This is distributed in the months of July, September, December, March.

How secure is the dividend of Bank of America?

Bank of America paid dividends every year for the past 26 years.

What is the dividend of Bank of America?

For the upcoming 12 months, dividends amounting to 0.98 USD are expected. This corresponds to a dividend yield of 2.6 %.

In which sector is Bank of America located?

Bank of America is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Bank of America kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bank of America from 3/29/2024 amounting to 0.24 USD, you needed to have the stock in your portfolio before the ex-date on 2/29/2024.

When did Bank of America pay the last dividend?

The last dividend was paid out on 3/29/2024.

What was the dividend of Bank of America in the year 2023?

In the year 2023, Bank of America distributed 0.86 USD as dividends.

In which currency does Bank of America pay out the dividend?

The dividends of Bank of America are distributed in USD.

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Our stock analysis for Bank of America Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bank of America Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.