| Bank of America is a bank a financial holding company. Through its subsidiaries, Co. provides banking, investing, asset management and other financial and risk management products and services. Co. 's segments are: Consumer Banking, which provides credit, banking and investment products and services; Global Wealth and Investment Management, which provides investment management, brokerage, banking and retirement products; Global Banking, which provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services; and Global Markets, which provides sales and trading services and research services. We show 50 historical shares outstanding datapoints in our BAC shares outstanding history coverage, used to compute BAC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BAC market cap history over the course of time is important for investors
interested in comparing BAC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of BAC versus a peer is one thing; comparing
BAC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like BAC can fluctuate over the course of history.
With this page we aim to empower investors researching BAC by allowing them to research the BAC market cap history.