| Bank of America is a bank and financial holding company. Through its banking and various nonbanking subsidiaries throughout the U.S. and in international markets, Co. serves individual consumers, small- and middle-market businesses, institutional investors, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. Co. provides its services and products through four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets. As of Dec 31 2017, Co. had total assets of $2.28 trillion and total deposits of $1.31 trillion. We show 35 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 Bank of America market cap history over the course of time is important for investors
interested in comparing Bank of America'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 Bank of America versus a peer is one thing; comparing
Bank of America 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 Bank of America can fluctuate over the course of history.
With this page we aim to empower investors researching Bank of America by allowing them to research the Bank of America market cap history.