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Bank of America Corporation
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Bank of America Corporation Overview

Company: Bank of America Corporation
CEO: Brian Thomas Moynihan
Founded: 1998
Symbol: BAC
Exchange: NYSE
Industry: Banks - Diversified
Sector: Financial Services
About

Operating globally through its various subsidiaries, Bank of America Corporation offers a comprehensive range of banking and financial products and services. Its extensive clienteleludes individual consumers, small and mid-market businesses, institutional investors, large corporations, and government bodies worldwide. The Consumer Banking division provides diverse options such as traditional and money market savings accounts, certificates of deposit, individual retirement accounts (IRAs), and both interest-bearing and non-interest-bearing checking accounts, in addition to investment products. This segment also issues credit and debit cards, originates residential mortgages and home equity loans, and offers direct and indirect financing for needs like automotive purchases, recreational vehicles, and personal loans. Within its Global Wealth & Investment Management segment, the company delivers investment management, brokerage, banking, and trust and retirement solutions. It also crafts tailored wealth management strategies,luding specialized asset management services. The Global Banking segment furnishes a broad spectrum of lending products,luding commercial loans, leases, commitment facilities, trade finance, and both commercial real estate and asset-based lending. Furthermore, it provides treasury solutions such as cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management guidance. This segment also engages in debt and equity underwriting, distribution, and advisory services related to mergers and acquisitions. Through its Global Markets segment, Bank of America performs market-making activities, offers financing, and provides securities clearing, settlement, and custody services. It also devises risk management products employing interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, the corporation served approximately 67 million consumer and small business clients. Its widespread infrastructure comprised around 4,200 retail financial centers and approximately 16,000 ATMs, supplemented by digital banking platforms utilized by roughly 41 million active users. Founded in 1784, Bank of America is headquartered in Charlotte, North Carolina.

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Bank of America Corporation (BAC)

  • Stock Price
  • Volume
56.02 +14.66 +35.44%
Past 5 Years
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Revenue

Bank of America Corporation annual revenue was $188.75 B in 2025.

Net Income

Bank of America Corporation annual net income was $30.63 B in 2025.

Employees

Bank of America Corporation annual employee count was 213,000 in 2025.

Revenue by Segment

Bank of America Corporation’s revenue by segment: Consumer Banking Segment: $43.67 B, Global Banking Segment: $24.11 B, Global Markets Segment: $24.10 B and Global Wealth and Investment Management Segment: $24.88 B in 2025.

Revenue by Region

Bank of America Corporation’s revenue by region: Asia: $6.00 B, EMEA: $7.56 B, Latin America: $1.85 B, Non-US: $15.41 B and UNITED STATES: $97.69 B in 2025.

Revenue per Employee

Bank of America Corporation revenue per employee was $886.17 K in 2025.

Profit per Employee

Bank of America Corporation profit per employee was $143.79 K in 2025.

Income Statement

Operating Income

Bank of America Corporation annual operating income was $34.88 B in 2025.

Research & Development

Bank of America Corporation annual research & development expense was - in 2025.

Tax Rate (%)

Bank of America Corporation annual Tax Rate was 19.00% in 2025.

Assets & Liabilities | Cash Flow

Total Assets

Bank of America Corporation annual total assets was $3.41 T in 2025.

Total Liabilities

Bank of America Corporation annual total liabilities was $3.11 T in 2025.

Capital Expenditure

Bank of America Corporation annual capital expenditures was - in 2025.

Ratios

Return on Equity (ROE)

Bank of America Corporation annual return on equity(ROE) was 0.00% in 2025.

Return on Assets (ROA)

Bank of America Corporation annual return on assets(ROA) was 0.00% in 2025.

Debt to Equity

Bank of America Corporation annual debt to equity was 120.66% in 2025.

Profitability

Gross Profit Margin (%)

Bank of America Corporation annual gross profit margin was 55.42% in 2025.

Operating Income Margin (%)

Bank of America Corporation annual operating income margin was 18.48% in 2025.

Net Income Margin (%)

Bank of America Corporation annual net income margin was 15.93% in 2025.

Earning Per Share

Bank of America Corporation annual earning per share was $4.14 in 2025.

EBITDA

Bank of America Corporation annual EBITDA was $36.61 B in 2025.

Free Cash Flow (FCF)

Bank of America Corporation annual free cash flow(FCF) was $12.61 B in 2025.

Valuation

Enterprise value

Bank of America Corporation annual enterprise value was $134.06 B in 2025.

Enterprise value to Revenue

Bank of America Corporation annual enterprise value to revenue was 0.00 in 2025.

Enterprise value to EBITDA

Bank of America Corporation annual enterprise value to EBITDA was 0.00 in 2025.

Competitors’ Revenue

Frequently Asked Questions

When was Bank of America Corporation founded?

Bank of America Corporation was founded on 1998, which makes the company 28 years old.

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Who is the CEO of Bank of America Corporation?

Brian Thomas Moynihan is the CEO of Bank of America Corporation.

What industry and sector is Bank of America Corporation in?

Bank of America Corporation operates in the Banks - Diversified industry and the Financial Services sector.

What are Bank of America Corporation's CIK, SIC, and ISIN codes?

  • CIK (Central Index Key): 0000070858
  • SIC (Standard Industrial Classification): 6021
  • ISIN (International Securities Identification Number): US0605051046

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How many employees does Bank of America Corporation have?

Bank of America Corporation has 213,000 employees.

What is the revenue of Bank of America Corporation?

In fiscal year 2025, Bank of America Corporation generated a revenue of $188.75 Billion.

What is the net income of Bank of America Corporation?

In fiscal year 2025, Bank of America Corporation reported a net income of $30.63 Billion.

What is Bank of America Corporation's biggest product segment?

Consumer Banking Segment is Bank of America Corporation's biggest product segment, representing 37.4% of its total revenue.

When was Bank of America Corporation listed on the stock exchange?

Bank of America Corporation went public on Feb 21, 1973, through its Initial Public Offering (IPO), and it has been 53 years since then.

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What is the ticker symbol of Bank of America Corporation, and where is it listed?

Bank of America Corporation's ticker symbol is BAC, and the company is listed on the NYSE stock market exchange.

What is Bank of America Corporation's current stock price?

Bank of America Corporation's current stock price is $55.99 as of Jun 13, 2026.

What is Bank of America Corporation's market capitalization?

As of , Bank of America Corporation's market cap is .

What is Bank of America Corporation's ranking in the world?

Ranked #6among 2,930 companies based on market cap.

Who are the top competitors of Bank of America Corporation?

Competitors of Bank of America Corporation include JPMorgan Chase & Co., Citigroup and Wells Fargo & Company, and more.

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