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
- 213,000
- 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.
Bank of America Declares Preferred Stock Dividends Payable in July and August 2026
BAC Plans to Launch Real-Time Global Payments: A Fee Revenue Catalyst?
BofA Double-Upgrades Intel as Foundry and CPU Bets Come Into Focus
After Their Golden Crosses, Is Bank of America or Ford Better for Retirement Portfolios?
FDIC Just Showed Why Banks May Win the Digital Dollar Race
Feds Subpoena Wall Street Giants in Widening Debanking Investigation
Justice Department opens sweeping ‘debanking' probe into JPMorgan, Bank of America and more
Bank of America Intros Pay-Over-Time Plans and Expanded Rewards Program
Prosecutors Subpoena Big Banks—Including JP Morgan—For Alleged ‘Debanking,' Report Says
US Justice Department subpoenas major banks over alleged 'debanking', WSJ reports
70% of Stock Market Warning Signals Are Now Flashing. On June 16-17, Kevin Warsh Decides Where the Market Heads Next.
Bank of America Introduces New Ways to Reward Clients, Manage Payments and Track Credit
Breakfast News: Casey's Unveils Best Year Yet
Bank of America Highlights Surging Demand for AI-Led Treasury, Fx Solutions in Asia Pacific
BofA Kicks Off FIFA World Cup 2026™ With 2 Million Free Fan Bands and Fan Experiences Nationwide
Bank of America Corporation (BAC) Presents at Morgan Stanley US Financials Conference 2026 Transcript
Bank of America could exceed 15% market revenue growth in Q2
JPMorgan Chase Trades at a Big Premium to Bank of America. Is It Worth the Difference?
What a Kevin Warsh-Led Fed Means for Big Banks Like JPMorgan Chase and Bank of America
Big Banks Eye Tokenized Deposits as Stablecoin Competition Heats Up