Bank of America

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with... Wikipedia

  • Type:  Public
  • Traded as:  NYSE: BAC, S&P 100 component, S&P 500 component
  • ISIN:  [ ISIN: [ US0605051046]]
  • Industry:  Financial services
  • Predecessors:  BankAmerica, NationsBank
  • Founded:  1998 (via the merger of BankAmerica & NationsBank), 1956 (as BankAmerica), 1784 (as its predecessor, the Massachusetts Bank, through the merger with FleetBoston in 1999)
  • Founders:  Amadeo Giannini (Bank of Italy), Hugh McColl (NationsBank)
  • Number of locations:  3,900 retail financial centers & approximately 16,000 ATMs
  • Area served:  Worldwide
  • Key people:  Brian Moynihan (Chairman and CEO), Anne Finucane (Co-Vice Chairman), Bruce Thompson (Co-Vice Chairman)
  • Services:  Asset management, banking, commodities, credit cards, equities trading, insurance, investment management, mortgage loans, mutual funds, private equity
  • Revenue:  US$94.95 billion (2022)
  • Operating income:  US$30.98 billion (2022)
  • AUM:  US$1.4 trillion (March 31, 2023)
  • Total assets:  US$3.1 trillion (March 31, 2023)
  • Total equity:  US$273.2 billion (2022)
  • Owners:  Berkshire Hathaway (12.8%)
  • Number of employees:  c. 217,000 (2022)
  • Divisions:  BofA Securities, Merrill, Bank of America Private Bank
  • Website:  bankofamerica.com
  • Data source:  DuckDuckGo
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