Bank of America Corporation
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Brian Thomas Moynihan
- Full Time Employees
- 211,000
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Address
- Bank of America Corporate Center Charlotte NC United States of America 28255
- IPO Date
- Feb 21, 1973
- CIK
- 0000070858
- Website
- bankofamerica.com
- Similar Companies
- Business
- Bank of America Corporation (BAC) operates as a multinational financial services holding company providing comprehensive banking, investment, wealth management, and risk management solutions to individual consumers, small and middle-market businesses, and large corporations. Its core offerings span consumer banking products including checking and savings accounts, certificates of deposit, IRAs, mortgages, credit cards, and small business lending; Global Wealth and Investment Management through Merrill Wealth Management and Bank of America Private Bank, encompassing brokerage, investment advisory, retirement products, and comprehensive wealth strategies; Global Banking with lending, treasury solutions, working capital management, and advisory services; and Global Markets delivering sales, trading, research, and underwriting across fixed-income, equities, currencies, commodities, and credit. The company maintains over 4,600 retail financial centers and 15,900 ATMs primarily in the United States, with international operations in Europe, Asia, and other regions from its headquarters in Charlotte, North Carolina, where principal executive offices reside at the Bank of America Corporate Center; it traces its origins to 1904 through the historic Bank of Italy and formalized via the 1998 NationsBank merger. In recent developments, Bank of America plans to open more than 150 new financial centers by 2027, including 40 in 2025 and 70 in 2026, alongside expansion into six additional U.S. cities through 2028, while investing over $5 billion in branch renovations since 2016; it launched 401k Pay, a retirement income management solution, alongside new fixed-income offerings and enhanced AI-driven digital tools like CashPro Chat; the company also expanded global sports partnerships with entities such as the Philadelphia Flyers, 76ers, Great Ethiopian Run, and Sir David Beckham, committed $250 million to address hunger and basic needs, and awarded significant grants including $1 million to After School Matters.
Bryn Mawr Trust Advisors LLC Makes New $1.46 Million Investment in Bank of America Corporation $BAC
Bridgewater Advisors Inc. Makes New Investment in Bank of America Corporation $BAC
Bank of America names new Asia Pacific industrials banking leadership team, memo says
BofA Directs $250,000 to American Red Cross to Support Fire Recovery
BofA Directs $250,000 to American Red Cross to Support Fire Recovery
Major US Banks Agree to $86.4M Settlement in Mexican Bond-Rigging Case
Berkshire Reshapes Its Stock Portfolio: ETFs in Focus
Should You Forget Big Banks and Bet on a Fintech Instead?
Benjamin Edwards Inc. Purchases 107,905 Shares of Bank of America Corporation $BAC
Bank of America Corporation $BAC Stock Holdings Decreased by Empire Life Investments Inc.
Will Bank of America Benefit From the Jio Credit Partnership in India?
The Secret Word Game Bank of America's CEO Plays With Wall Street
IYF vs. FNCL: Which Financials ETF Is the Better Buy?
Warren Buffett's Successor, Greg Abel, Pared Down Bank of America, and Piled Into a Virtual Monopoly That's Now Berkshire's 3rd-Largest Holding
BofA picks AMD and Nvidia as AI chip winners in massive CPU market
BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unit
Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited
Bank of America's Cybersecurity Investment: A Strategic Move
First Look: Super Micro, Oracle, Bank of America, Toyota in Focus
Bank of America Launches $250 Billion, 18-month Critical Infrastructure Finance Initiative in Honor of America's 250th Anniversary