OverviewSuggest Edit

Bank of America is a multinational banking and financial services corporation which offers banking, investing, and other financial and risk management services to individuals, SMBs and large corporations. It operates through four segments. The Company's Consumer Banking segment offers diverse accounts, lending and mortgages, credit and debit cards, and other products. Its Global Wealth and Investment Management segment provides investment management, brokerage, banking, and trust and retirement products, as well as wealth and specialty asset management services. The Global Banking segment offers lending, treasury, working capital management solutions, debt and equity, and advisory services. The Company's Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products.
HQCharlotte, US
Employee Ratings3.7
Culture scoreB

Latest Updates

Employees (est.) (Dec 2019)208,000
Job Openings1,374
Revenue (FY, 2019)$91.2 B(-17%)
Share Price (May 2020)$24.1 (-2%)

Key People/Management at Bank of America

Angeline Tan

Angeline Tan

Vice President , Global Transaction Services
Brian Moynihan

Brian Moynihan

Chairman of the Board and Chief Executive Officer
Alexander Lin

Alexander Lin

Vice President , Global Research
Dean Athanasia

Dean Athanasia

President of Consumer and Small Business
Sharon L. Allen

Sharon L. Allen

Francesco Allamandi

Francesco Allamandi

Vice President , Global Corporate & Investment Banking
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Bank of America Office Locations

Bank of America has offices in Charlotte, Chicago, Miami, New York and in 51 other locations
Charlotte, US (HQ)
100 N Tryon St
Chicago, US
135 S LaSalle St
Miami, US
701 Brickell Avenue
New York, US
Bank of America Tower
San Francisco, US
315 Montgomery St, San Francisco
Buenos Aires, AR
piso 11CP, Carlos M. Della Paolera 265
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Bank of America Financials and Metrics

Bank of America Revenue

Bank of America's revenue was reported to be $91.24 b in FY, 2019

Revenue (Q1, 2020)


Net income (Q1, 2020)


Market capitalization (29-May-2020)


Closing stock price (29-May-2020)


Cash (31-Mar-2020)



Bank of America's current market capitalization is $209.3 b.
USDFY, 2016FY, 2017FY, 2018FY, 2019



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USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020



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Gross profit Margin, %

USDFY, 2016FY, 2017FY, 2018FY, 2019

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USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income


Depreciation and Amortization


Cash From Operating Activities


Cash From Investing Activities

USDY, 2020


13.2 x

Financial Leverage

9.9 x
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Bank of America Acquisitions / Subsidiaries

Company NameDateDeal Size
Merrill LynchJanuary 01, 2009
Countrywide Financial CorporationJuly 01, 2008
Catahoula-LaSalle BankOctober 01, 2007
U.S. Trust Company of DelawareOctober 01, 2007
HealthLogic SystemsSeptember 11, 2006
MBNAJuly 30, 2005
National ProcessingJuly 13, 2004
BAC Canada Finance Company
BAC North America Holding Company
BA Continuum Costa Rica
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Bank of America Revenue Breakdown

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Bank of America revenue breakdown by business segment: 17.4% from Global Markets, 21.2% from Global Banking, 20.9% from Global Wealth & Investment Management and 40.5% from Consumer Banking

Bank of America Online and Social Media Presence

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Bank of America Company Culture

  • Overall Culture



  • CEO Rating



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  • Diversity



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Bank of America News and Updates

Thinking about buying stock in IZEA Worldwide, Penn National Gaming, Aphria, Bank of America, or Coty?

NEW YORK, May 27, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IZEA, PENN, APHA, BAC, and COTY. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Bank of America wealth management executive says clients are still holding more cash

Bank of America Corp head of wealth management Andy Sieg, said on Tuesday that the coronavirus pandemic has not meaningfully disrupted business at the wirehouse, though clients are still holding more cash.

Why the CEO of $160 billion Citizens Bank is turning to digital in a bid to compete against industry titans like JPMorgan Chase and Bank of America

Citizens Bank was poised to release a new, mobile-first customer application early this year, but delayed it amid a massive change in consumer behavior from the coronavirus.  The new app — now scheduled for wide release in the coming months — is part of a broader digital vision from CEO Bruce Van …

Class Action Lawsuit Claims Bank of America, Wells Fargo, Other Banks Refused to Pay Agents for Preparing PPP Applications

ATLANTA, May 22, 2020 /PRNewswire/ -- Attorneys from Heninger Garrison Davis, LLC's class action group, along with co-counsel from Geragos & Geragos, PC, Zimmerman Reed, LLP, and Zumpano Patricios & Popok, PLLC, and Graylaw Group, Inc., filed a class action complaint against a number of...

JPMorgan and Bank of America are reassigning staff to focus on troubled loans and companies amid a wave of pandemic-driven disruptions

Some of the largest US banks have been shifting employees into roles restructuring troubled loans, according to people with knowledge of their policies.  Others are lending a hand with an influx of new loan requests, including credits for troubled companies seeking cash, some of the people said.  …

Bank of America leak exposes business details of PPP relief applicants

Bank of America accidentally exposed the personal details of applicants applying for loans from the...
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Bank of America Frequently Asked Questions

  • When was Bank of America founded?

    Bank of America was founded in 1904.

  • Who are Bank of America key executives?

    Bank of America's key executives are Angeline Tan, Brian Moynihan and Alexander Lin.

  • How many employees does Bank of America have?

    Bank of America has 208,000 employees.

  • What is Bank of America revenue?

    Latest Bank of America annual revenue is $91.2 b.

  • What is Bank of America revenue per employee?

    Latest Bank of America revenue per employee is $438.7 k.

  • Who are Bank of America competitors?

    Competitors of Bank of America include HSBC, Banco Santander and Wells Fargo.

  • Where is Bank of America headquarters?

    Bank of America headquarters is located at 100 N Tryon St, Charlotte.

  • Where are Bank of America offices?

    Bank of America has offices in Charlotte, Chicago, Miami, New York and in 51 other locations.

  • How many offices does Bank of America have?

    Bank of America has 58 offices.