What if you invested in Bank of America in 2023?
BAC · Financial · Data through 2026-06-01
If you invested $1,000 in Bank of America in 2023
The same $1,000 in the S&P 500 would be worth $1,916(+91.6%)
The S&P 500 returned $1,916 on the same $1,000. S&P 500 outperformed by $169.
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Compare Bank of America to another stock
See how Bank of America stacks up since 2023, head to head.
What if Bank of America keeps this up?
Project forward at Bank of America's 16.9% historical growth rate. See 5-30 year scenarios.
Growth of $1,000
Bank of America vs. S&P 500 vs. US Dollar, 2023 to present
Year-by-Year Returns
$1,000 invested in Bank of America starting January 2023
| Year | Price | Value | Annual |
|---|---|---|---|
| 2023 | $32.44 | $1,000 | - |
| 2024 | $32.07 | $988 | -1.2% |
| 2025 | $44.76 | $1,380 | +39.6% |
| 2026 | $52.63 | $1,622 | +17.6% |
What this return means
$1,000 placed in Bank of America (BAC) in 2023 is worth $1,747 now. The total return is +74.7% over 3.6 years, as of 2026-06-01.
In compound terms that is roughly 16.9% a year, well above what a broad index has historically returned. A plain S&P 500 fund would have grown that $1,000 to about $1,916 instead, beating Bank of America by around $169. The index compounded at about 19.9% a year, a reminder that a single stock can lag a basket of them.
The year-by-year record shows how bumpy the ride was. The best single year was 2025 at +39.6%, and the worst was 2024 at -1.2%. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.
Treat this as history rather than advice. Past performance does not guarantee future results.
What if you invested $100 a month instead?
Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Bank of America at the close of every month from January 2023 through June 2026 means 42 buys and $4,200 contributed over about 3.5 years.
$100/month, dollar-cost averaged
$6,384
+52.0% on $4,200 in
Same $4,200, all in at the start
$7,340
+74.8% on $4,200 in
Going all in at the start beat spreading the buys out by $955. That is the usual result when a stock trends up: each monthly buy pays a higher price than the last, so the average cost climbs. Averaging in also meant an average buy price of $37.29 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.
Illustrative fixed $100/month example, not a recommendation. Figures are computed from BAC split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.
Bank of America at different times
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For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.