GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of America Corp (NYSE:BAC) » Definitions » Mortgage Backed Securities (USD Mil)

Bank of America (Bank of America) Mortgage Backed Securities (USD Mil) : 507,676.00 (As of Mar. 2024)


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

What is Bank of America Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

Bank of America's Mortgage Backed Securities (USD Mil) for the quarter that ended in Mar. 2024 was 507,676.00 , which is lower than 645,728.00 for the pervious quarter ended in Dec. 2023.

Bank of America's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2023 was 645,728.00 , which is lower than 665,281.00 for the pervious year ended in Dec. 2022.

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


Bank of America Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Bank of America's Mortgage Backed Securities (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 Mortgage Backed Securities (USD Mil) Chart

Bank of America Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Mortgage Backed Securities (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Average Interest Earning Assets (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Commercial Business Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Residential Mortgage Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Commercial Mortgage Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only

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
Mortgage Backed Securities (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Average Interest Earning Assets (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Commercial Business Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Residential Mortgage Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Commercial Mortgage Loans (USD Mil)
Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only

Competitive Comparison of Bank of America's Mortgage Backed Securities (USD Mil)

For the Banks - Diversified subindustry, Bank of America's Mortgage Backed Securities (USD Mil), along with its competitors' market caps and Mortgage Backed Securities (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) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Bank of America Mortgage Backed Securities (USD Mil) Related Terms

Thank you for viewing the detailed overview of Bank of America's Mortgage Backed Securities (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
Address
100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255
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