Bank Of America Debt/Equity Ratio 2010-2024 | BAC

Bank Of America debt/equity ratio for the quarter ending September 30, 2024 was 1.

  • Bank Of America average debt/equity ratio for 2023 was 1.02, a 0% decline from 2022.
  • Bank Of America average debt/equity ratio for 2022 was 1.02, a 3.03% decline from 2021.
  • Bank Of America average debt/equity ratio for 2021 was 0.99, a 2.06% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.

Bank Of America Debt/Equity Ratio 2010-2024 | BAC

  • Bank Of America average debt/equity ratio for 2023 was 1.02, a 0% decline from 2022.
  • Bank Of America average debt/equity ratio for 2022 was 1.02, a 3.03% decline from 2021.
  • Bank Of America average debt/equity ratio for 2021 was 0.99, a 2.06% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.
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