Bank of America (Bank of America) Commercial Business Loans (USD Mil) : 503,301.00 (As of Mar. 2024)

View and export this data going back to 1973. Start your Free Trial

What is Bank of America Commercial Business Loans (USD Mil)?

Commercial Business Loans (USD Mil) is the amount of loans banks made to business entities. It’s a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures.

Bank of America's Commercial Business Loans (USD Mil) for the quarter that ended in Mar. 2024 was 503,301.00 , which is higher than 501,692.00 for the pervious quarter ended in Dec. 2023.

Bank of America's Commercial Business Loans (USD Mil) for the annual that ended in Dec. 2023 was 501,692.00 , which is lower than 502,036.00 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Bank of America's Commercial Business Loans (USD Mil) or its related term are showing as below:

Bank of America Commercial Business Loans (USD Mil) Historical Data

The historical data trend for Bank of America's Commercial Business Loans (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of America Commercial Business Loans (USD Mil) Chart

Bank of America Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Commercial Business Loans (USD Mil)

Get a 7-Day Free Trial

Average Interest Earning Assets (USD Mil)

Get a 7-Day Free Trial

Mortgage Backed Securities (USD Mil)

Get a 7-Day Free Trial

Residential Mortgage Loans (USD Mil)

Get a 7-Day Free Trial

Commercial Mortgage Loans (USD Mil)

Get a 7-Day Free Trial

Bank of AmericaQuarterly Data

Trend

Jun19

Sep19

Dec19

Mar20

Jun20

Sep20

Dec20

Mar21

Jun21

Sep21

Dec21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Mar24

Commercial Business Loans (USD Mil)

Get a 7-Day Free Trial

Average Interest Earning Assets (USD Mil)

Get a 7-Day Free Trial

Mortgage Backed Securities (USD Mil)

Get a 7-Day Free Trial

Residential Mortgage Loans (USD Mil)

Get a 7-Day Free Trial

Commercial Mortgage Loans (USD Mil)

Get a 7-Day Free Trial

Competitive Comparison of Bank of America's Commercial Business Loans (USD Mil)

For the Banks - Diversified subindustry, Bank of America's Commercial Business Loans (USD Mil), along with its competitors' market caps and Commercial Business Loans (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bank of America (NYSE:BAC) Commercial Business Loans (USD Mil) Explanation

Commercial Business Loans (USD Mil) is a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures. Companies usually have to provide financial statements to prove their ability to repay. Many commercial loans require collateral, such as property or equipment or sometimes account receivables.

Bank of America Commercial Business Loans (USD Mil) Related Terms

Thank you for viewing the detailed overview of Bank of America's Commercial Business Loans (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank of America (Bank of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of America Corp (NYSE:BAC) » Definitions » Commercial Business Loans (USD Mil)

Comparable Companies

Traded in Other Exchanges

BACpS.PFD:USA BACpQ.PFD:USA BACpP.PFD:USA BACpO.PFD:USA BACpN.PFD:USA BACpM.PFD:USA BACpK.PFD:USA BACpB.PFD:USA BACRP.PFD:USA BMLpL.PFD:USA BMLpJ.PFD:USA BMLpH.PFD:USA BMLpG.PFD:USA BACpL.PFD:USA BACpE.PFD:USA BAC:Peru BAC:Mexico BAC_KZ:Kazakhstan 1BAC:Italy NCBd:UK 0Q16:UK NCB0:Germany NCB:Germany NCB:Germany NCB:Germany NCB:Germany BAC:Chile BOFA:Canada BOAC34:Brazil BOAC:Austria

Address

100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255

Website

https://www.bankofamerica.com

Bank of America is one of the largest financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily U.S.-focused.

Executives

Thomas D Woods	director	100 NORTH TRYON STREET, CHARLOTTE NC 28255
James P Demare	officer: President, Global Markets	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Dean C Athanasia	officer: Pres Prf & Sm Bs Bk & Co-Hd CB	100 FEDERAL STREET, BOSTON MA 02110
Lindsay D. Hans	officer: Pres, Merrill Wealth Mgmt	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Eric A. Schimpf	officer: Pres, Merrill Wealth Mgmt	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Matthew M Koder	officer: Pres, Gl Corp & Invest Banking	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Jose E Almeida	director	ONE BAXTER PARKWAY, DEERFIELD IL 60015
Andrew M. Sieg	officer: Pres, Merill Lynch Wlth Mgmt	100 N TRYON STREET, CHARLOTTE NC 28255
Frank P Bramble	director
Bruce R. Thompson	officer: Vice Chair, Head Ent Credit	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Alastair M Borthwick	officer: Pres, Global Com Banking	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Aditya Bhasin	officer: Chief Tech & Info Officer	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Lauren A Mogensen	officer: Global Compl & Op Risk Exec	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Thomas M Scrivener	officer: Chief Operations Executive	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Bernard A Mensah	officer: President, International	100 NORTH TRYON STREET, CHARLOTTE NC 28255