Try your own numbers
it would be worth today
$1,816
+$816.15 profit1.82x9.2% a year
The same $1,000 in an S&P 500 index fund: $2,626
Its shares paid about $38.32 in dividends over the last 12 months.
Aftertax on the gain, you’d keep$1,694
US federal long-term rates: 15% for most people, 0% on lower incomes, 20% + 3.8% on high incomes. No state tax included; none inside a Roth IRA.
Growth Over Time
Performance Metrics
Total Invested
$1,000.00
Current Value
$1,816.15
Total Profit
$816.15
Multiplier
1.82x
CAGR
9.2%
Max Drawdown
-42.0%
Inflation-Adjusted
$1,441.78
Benchmark Comparison
How does $1,000.00 invested in 2020 compare across different asset classes?
| Asset | Value Today | Return |
|---|---|---|
| Bank of America | $1,816.15 | 1.82x |
| S&P 500 | $2,626.14 | 2.63x |
| Gold | $2,769.41 | 2.77x |
| Savings (2% APY) | $1,142.91 | 1.14x |
Dividends
Over the last 12 months, the 33.04 shares you'd own now paid about $38.32 in dividends (about $3.19 a month). That's 3.8% of the $1,000 put in.
Price growth alone turned $1,000 into $1,543; reinvested dividends added the other $273.33, 33% of the gain.
Dividends from Yahoo Finance. Shares today assume every dividend was reinvested.
Back in 2020
- In April 2020, Bank of America became the first big bank to accept Paycheck Protection Program loan applications from small businesses. fortune.com
- In 2020, a gallon of gas averaged $2.17 and the new iPhone 12 Pro started at $999. eia.govapple.com
- During 2020 itself, Bank of America fell 13%, #96 of the 103 investments we track. The best was Tesla (+747%); the worst was AMC Entertainment (−73%). Full 2020 results →
$1,000 in Bank of America, year by year
Of the 103 investments we track that were available at the start of 2020, Bank of America ranks #70 by growth to today — just behind ARK Innovation ETF (ARKK) and ahead of Ford. See the full 2020 ranking →
Bank of America started 2020 15% below its start-of-2007 high, after rising 46% in 2019. It was worth less than the $1,000 put in at the start of 2021, and has been above it since the start of 2022. Its best January was 2026, at $1,819. Today it's 0.2% below that, so selling then would have beaten holding. It rose in 4 of the 6 full years since. It has trailed the same $1,000 in the S&P 500 at every January since, and still does. Month by month, the deepest fall ran from Oct 2021 ($1,396) to Oct 2023 ($809.74), a drop of 42%. At its lowest month-end, in Mar 2020, it was worth $599.52.
| When | Worth | Change | S&P 500 |
|---|---|---|---|
| Start of 2020 | $1,000 | — | $1,000 |
| Start of 2021 | $865 | −13% | $1,184 |
| Start of 2022 | $1,356 | +57% | $1,524 |
| Start of 2023 | $1,007 | −26% | $1,248 |
| Start of 2024 | $1,051 | +4.3% | $1,576 |
| Start of 2025 | $1,407 | +34% | $1,970 |
| Start of 2026 | $1,819 | +29% | $2,322 |
| Today | $1,816 | −0.2% | $2,626 |
Values at the start of each year (first trading day for stocks). The S&P 500 column includes reinvested dividends, like the stock values.
Historical Context
At the start of 2020, Bank of America was priced at $30.27 (adjusted for later splits and dividends). $1,000 would have bought about 33.04 shares. Bank of America is one of the largest US banks.
Measured from one January to the next, Bank of America's best year since then was 2021 (+57%) and its worst was 2022 (−26%). Holding on wasn't easy: between the start of 2022 and the start of 2023, the position fell 26% from its high.
Frequently Asked Questions
A $1,000 investment in Bank of America at the start of 2020 would be worth approximately $1,816.15 today — a 1.82x return ($816.15 profit) over 6.7 years.
Methodology & Sources
Price data: Historical prices are the closing price on the first trading day of each year, adjusted for splits and dividends (so returns assume dividends were reinvested), from Yahoo Finance and MacroTrends. Current prices come from Yahoo Finance and refresh hourly; if that source is unavailable, the last saved price is used.
Calculation: Assumes a single purchase at the start of 2020 (or the first trading day, for companies that listed that year), held until today. No transaction fees, taxes, or slippage are included.
Benchmarks: The S&P 500 comparison uses the S&P 500 Total Return index (dividends reinvested, like an index fund) at the start of2020 and today. Gold uses the price per troy ounce. Savings account assumes a 2% APY compounded annually.
Inflation adjustment: Uses U.S. CPI-U annual averages from the Bureau of Labor Statistics. The 2026 CPI value is estimated.
Educational purposes only. Past performance does not guarantee future results. Not financial advice.
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$1,000 in Bank of America, by year
$1,000 in Bank of America:1 year ago5 years ago10 years ago