Bank of America Corporation
Bank of America Corporation
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Overview
What the company does, where it operates, and who runs it.
About Bank of America Corporation
- Industry
- Banks - Diversified
- Sector
- Financial Services
- CEO
- Brian Thomas Moynihan
- Headquarters
- Bank of America Corporate Center, Charlotte, NC, US
- Industry
- Banks - Diversified
- Sector
- Financial Services
- CEO
- Brian Thomas Moynihan
- Headquarters
- Bank of America Corporate Center, Charlotte, NC, US
Bank of America Corporation, through its various operating units, delivers a comprehensive suite of banking and financial offerings to a diverse global clientele. This includes individual customers, small and mid-sized enterprises, institutional investors, major corporations, and governmental bodies across the world. Its Consumer Banking division caters to individuals and small businesses, providing an array of deposit options such as traditional and money market savings, certificates of deposit (CDs), and IRAs. It also offers both interest-bearing and non-interest-bearing checking accounts, alongside various investment accounts and related products. Furthermore, this segment issues credit and debit cards and provides a range of lending solutions, including residential mortgages, home equity loans, and both direct and indirect loans for purposes like automotive purchases, recreational vehicles, and personal needs. The company's Global Wealth & Investment Management unit focuses on sophisticated financial solutions. It encompasses investment management services, brokerage, banking, and trust and retirement products. Clients also benefit from comprehensive wealth management strategies and bespoke offerings, including specialized asset management. Within its Global Banking segment, Bank of America extends diverse lending products and services. These include commercial loans, leasing arrangements, commitment facilities, trade finance, and both commercial real estate and asset-based lending. The segment also supplies treasury solutions like treasury management, foreign exchange services, short-term investment options, and merchant services. Additional capabilities feature working capital management solutions, alongside debt and equity underwriting and distribution, and advisory services for mergers and other corporate transactions. The Global Markets segment delivers critical market infrastructure and risk management tools. It facilitates market-making activities, provides financing, and offers securities clearing, settlement, and custody services. Clients can also access risk management products incorporating interest rate, equity, credit, currency, and commodity derivatives, as well as foreign exchange, fixed-income, and mortgage-related instruments. Demonstrating its extensive reach, as of December 31, 2021, Bank of America served approximately 67 million individual and small business clients. This vast network was supported by roughly 4,200 physical retail financial centers and an estimated 16,000 automated teller machines (ATMs). Its digital banking platforms further enhanced accessibility, boasting around 41 million active users. The institution was established in 1784 and maintains its corporate headquarters in Charlotte, North Carolina.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks the stock is worth vs. the current price.
FRC's fair value estimate for Bank of America Corporation, and the rating behind it. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Bank of America Corporation. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Bank of America Corporation. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Bank of America Corporation. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Bank of America Corporation. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Bank of America Corporation valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
Which funds and firms own the stock.
Which institutions hold Bank of America Corporation, and how their positions are changing. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
Buying and selling by Bank of America Corporation executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
Senate Trading
U.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Bank of America Corporation. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Bank of America Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Bank of America Corporation. Press releases and market coverage, newest first.