What is the debt of Bank of America this year?
Bank of America has a debt level of 612,363 USD this year.
Bank of America Debt 2024
Bank of America Debt
612,363 USD
Ticker
BAC
ISIN
US0605051046
WKN
858388
In 2024, Bank of America's total debt was 612,363 USD, a 23% change from the 497,868 USD total debt recorded 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.Debt Details
Understanding Bank of America's Debt Structure
Bank of America's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Bank of America's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Bank of America’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Bank of America’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Bank of America stock
What was the debt of Bank of America compared to the previous year?
The debt of Bank of America has increased by 23% compared to the previous year increased.
What are the consequences of high debt for investors in Bank of America?
High debt can pose a risk for investors of Bank of America, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Bank of America?
Low debt means that Bank of America has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Bank of America affect the company?
An increase in debt of Bank of America can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Bank of America affect the company?
A reduction in debt of Bank of America can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Bank of America?
Some factors that can influence the debt of Bank of America include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Bank of America so important for investors?
The debts of Bank of America are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Bank of America take to change the debt?
To change the debt, Bank of America can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
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 2.11 %. 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 2.11 %.
When does Bank of America pay dividends?
Bank of America pays a quarterly dividend. This is distributed in the months of March, July, October, January.
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 2.26 %.
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 12/27/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 12/6/2024.
When did Bank of America pay the last dividend?
The last dividend was paid out on 12/27/2024.
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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Andere Kennzahlen von Bank of America
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.
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