In the news:
Three Bank of America bankers in India depart over alleged client tips - Bank of America raises Netflix price target to $1,000 on Tyson/Paul fight viewership - Bank of America says S&P 500 is statistically expensive by almost every measure - Art Buying Conditions Improve, Despite 'Understandable' Concerns Over Trump Reelection, Bank of America Reports - These 'best-in-class' stocks are rising fast so buy them quickly, Bank of America says - Bank of America says Trump's win will unlock small-cap M&A and these stocks may be takeover candidates - Amazon just released its Temu killer and Bank of America likes the move - Bank of America says buy this little-known nuclear energy stock - Bank of America Savings Account Rates for November 2024 - Citi upgrades Bank of America to buy, pointing to a lighter regulatory environment
Bank Of America
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ShareKey facts
- city: Charlotte
- state: NC
- country: United States
- sector: Financials
- foundation year: 1968
- industry: Banks
- CEO: Brian Thomas Moynihan
Classified as: organization
Summary
Bank Of America is a company. It is located in Charlotte, the United States and was founded in 1968. The company is part of the Financials sector, specifically in the Banks industry.
Business
Bank Of America is one of the companies in the United States, companies in Banks, companies in Financials and 3,466,499 companies in our database.
- Assets: 3,169.5B $
- Debt: 563.6B $
- Employees: 210,000 people
- Market cap: 271.6B $
- Profits: 32B $
- Revenues: 91.3B $
Stocks from Bank Of America
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Talking Points:
- Bank of AmericaBanking, Credit Cards, Loans and Merrill Investing
- What would you like the power to do? For you and your family, your business and your community. At Bank of America, our purpose is to help make financial lives better through the power of every connection.
- The power to connect with people and exchange ideas. For account issues, please use @BofA_Help
- Helping to make financial lives better through the power of every connection. | Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and ...
- Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.
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