BAC • NYSE
Bank of America Corp
Follow
$40.96
Sep 14, 9:32:15 AM GMT-4 · USD · NYSE · Disclaimer
In the news
Financial performance
| (USD) | Jun 2021info | Year/year change |
|---|---|---|
Revenue | 23.09B | 34.16% |
Net income | 9.22B | 161.08% |
| Diluted EPS | 1.03 | 178.38% |
| Net profit margin | 39.95% | 94.59% |
| Operating income | 8.04B | 111.69% |
| Net change in cash | -66.07B | -269.60% |
| Cash on hand | 254.03B | -10.09% |
| Cost of revenue | - | - |
StockClimate leaderUS listed security
Previous close
$40.95
Year range
$22.95 - $43.49
Market cap
344.51B USD
Volume
44.49M
P/E ratio
13.70
Dividend yield
2.05%
Primary exchange
NYSE
About
The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. The bank was founded in San Francisco, and took its present form when NationsBank of Charlotte acquired it in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase, and the eighth largest bank in the world. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
One branch of its history stretches back to Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered in San Francisco, California, Giannini acquired Banca d'America e d'Italia in 1922. The passage of landmark federal banking legislation facilitated a rapid growth in the 1950s, quickly establishing a prominent market share. Wikipedia
Founded
1998
Website
Employees
212,000
