(6 November 2025 – United States) Bank of America’s (BofA) share price has finally recovered to its pre-Global Financial Crisis level and is approaching its record high of $55 that it achieved in 2006.
The almost two decade recovery closes a significant chapter of post-crisis rebuilding. The milestone reflects years of strategic restructuring, technological investment, and a fortified balance sheet, signaling renewed investor confidence in the bank’s stability and future growth trajectory amidst a strong U.S. economy.
A series of missteps following the 2020 pandemic have constrained the group relative to rivals such as JPMorgan and Citi.
BofA and Citi sought support from the Federal Reserve, the Treasury, and the Federal Deposit Insurance Corporation to withstand the worst liquidity impacts of the ‘Great Recession’. BofA was given an injection of US$20 billion by the US government and a guarantee of US$118 billion on potential losses on toxic assets that threatened to overwhelm the financial system.
“The question we always ask our team is can you grow faster? We have the plans to do that. The bank has an extensive footprint across the US and we are using our scale to grow profitably, especially in businesses such as sales and trading” commented BofA CEO Brian Moynihan.
