Here's How Much $1000 Invested In Bank of America 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Bank of America (NYSE:BAC) has produced an average annual return of 14.11%, outperforming the market by 1.1% on an annualized basis. A $1000 investment in BAC 15 years ago would be worth $6,757.14 today. The company currently has a market capitalization of $261.42 billion.
February 13, 2024 | 2:00 pm
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Bank of America has shown a strong performance over the past 15 years, with a $1000 investment growing to $6,757.14, reflecting an average annual return of 14.11%.
The significant growth of an investment in Bank of America over the past 15 years, outperforming the market, indicates a strong and stable performance by the company. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for BAC in the short term, likely attracting more investors.
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