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, operating through its various units, offers a comprehensive range of banking and financial services worldwide. Its diverse client base includes individual consumers, small and medium-sized businesses, institutional investors, large corporations, and government entities. The company's Consumer Banking division caters to everyday financial needs by providing various savings options (traditional and money market), certificates of deposit, individual retirement accounts (IRAs), both interest and non-interest-bearing checking accounts, and investment product access. It also extends credit through cards, residential mortgages, home equity lines, and direct or indirect loans for vehicles, recreational vehicles, and personal use. Within its Global Wealth & Investment Management segment, the focus is on asset growth and preservation. This includes investment management, brokerage services, banking solutions, trust and retirement planning, as well as customized wealth management strategies, notably specialized asset management. The Global Banking segment delivers extensive financial solutions to corporate and governmental clients. This encompasses a broad spectrum of lending products, such as commercial loans, leases, commitment facilities, trade finance, commercial real estate, and asset-based lending. It also offers treasury solutions like cash management, foreign exchange, short-term investment options, and merchant services, alongside working capital management, debt and equity underwriting and distribution, and advisory services for mergers and other corporate actions. Finally, the Global Markets segment facilitates financial transactions and manages risk. Its services include market-making, financing, securities clearing, settlement, and custody. It also provides sophisticated risk management products, utilizing derivatives across interest rates, equity, credit, currency, and commodities, in addition to foreign exchange, fixed-income, and mortgage-related instruments. As of December 31, 2021, Bank of America served approximately 67 million consumer and small business clients. Its vast network comprised around 4,200 retail financial centers, roughly 16,000 automated teller machines (ATMs), and digital banking platforms accessed by approximately 41 million active users. The institution was founded in 1784 and is headquartered 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.