Bank of America Corp - Company Profile
Powered by 
All the sales intelligence you need on Bank of America Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Bank of America Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Bank of America Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Bank of America Corp (BoA) is a global financial institution that provides a wide range of banking, investing, asset management, and financial and risk management products and services. The company's major offerings include credit cards, savings accounts, mortgages, auto loans, and investment services. It also offers wealth management services. The company serves individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments. BoA operates through financial centers, ATMs, and online and mobile banking platforms to reach its diverse customer base. The company has a significant presence in North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. BoA is headquartered in Charlotte, North Carolina, the US.
Headquarters
United States of America
Address
Bank Of America Corporate Center, 100 N Tryon St, Charlotte, North Carolina, 28255
Website
www.bankofamerica.com
Telephone
1 704 3865681
No of Employees
212,000
Industry
Financial Services
Ticker Symbol & Exchange
BAC (NYSE)
Revenue (2024)
$191.6B
-2.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
13.1%
(2024 vs 2023)
Market Cap*
$414.2B
Net Profit Margin (2024)
XYZ
16.0%
(2024 vs 2023)
* As of and is in US$
Bank of America Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Investment and Brokerage | Bank of America |
| Money Market Savings | Retirement and Benefit Plan | |
| Traditional Savings | Estate and Financial Planning | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company signed a partnership with Portland Hearts of Pine to help the community-building efforts of the Hearts’ USL League One men’s team. |
| 2026 | Plans/Strategy | In June, the company announced its plans to introduce a cross-border real-time payments solution. |
| 2026 | New Products/Services | In June, the bank launched new BofA Fan Band beads. |
Competitor Comparison
| Key Parameters | Bank of America Corp | JPMorgan Chase & Co | Citigroup Inc | The Goldman Sachs Group Inc | Wells Fargo & Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Charlotte | New York | New York | New York | San Francisco |
| State/Province | North Carolina | New York | New York | New York | California |
| No. of Employees | 212,000 | 320,079 | 224,000 | 47,000 | 200,999 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brian T. Moynihan | Chief Executive Officer; Chairman | Executive Board | 2014 | 66 |
| Alastair M. Borthwick | Executive Vice President; Chief Financial Officer | Senior Management | 2025 | 57 |
| Sheri B. Bronstein | Chief People Officer | Senior Management | 2019 | 57 |
| Geoffrey S. Greener | Chief Risk Officer | Senior Management | 2014 | 61 |
| Thomas M. Scrivener | Chief Operations Executive | Senior Management | 2021 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer