Bank of America

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Bank of America (BofA, BoA) is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. With more than 217,000 employees, the Bank serves clients through operations in more than 40 countries.

Services: Checking, Savings & CDs, Credit Cards, Home and Auto Loans, Investing, Student Banking.

The bank's 2008 acquisition of Merrill Lynch made Bank of America the world's largest wealth manager and a major player in the investment banking industry.

Total assets: $3,195 billion (March 31, 2023).
Net profit: $1.4 billion (2011), $3.9 billion (2012), $10.5 billion (2013), $5.5 billion (2014), $15.8 billion (2015), $17.9 billion (2016), $28.1 billion (2018), $27.4 billion (2019), $17.9 billion (2020), $32.0 billion (2021), $26.0 billion (2022).

Member FDIC (each depositor insured to at least USD 250,000).

HQ: Charlotte, USA
Founded: 1904
ID: 130. Updated: 19.10.2023

Disclaimer: The Banking Directory is published solely as a courtesy. We do not warrant or guarantee that the website will be up-to-date accurate, complete or continuous at all times. We assume no responsibility or liability for any errors or omissions in the directory. All trademarks, trade names, or logos mentioned or used are the property of their respective owners.

  • Press Releases
  • 23.04.2023 Bank of America reports first quarter 2023 net income of $8.2 billion, compared to $7.1 billion in first quarter 2022. Total assets amounted to $3.19 trillion at March 31, 2023.
  • 03.05.2022 88% of Small Business Owners Say Inflation Is Impacting Their Business, According to Bank of America Small Business Owner Report. Read more
  • 15.10.2017 Bank of America reports third quarter 2017 net income of $5,122 million, compared to $4,452 million in third quarter 2016. Total assets amounted to $2.27 trillion at September 30, 2017.
  • 18.04.2017 Bank of America reports first quarter 2017 net income of US$ 1,894 million, compared to US$ 1,764 million in first quarter 2016. Total assets amounted to US$ 2.25 trillion at March 31, 2017.
  • 19.07.2016 Bank of America reports second quarter 2016 net income of US$ 4.2 billion, compared to US$ 5.1 billion in second quarter 2015. Total assets amounted to US$ 2.19 trillion at June 30, 2016.
  • Head office: 100 North Tryon Street
    Charlotte, NC 28255-0001
  • +1-704-386-5000
  • www.bankofamerica.com
  • SWIFT: BOFAUS3N
  • Key people: Brian T. Moynihan (Chairman and CEO)
  • Company type: Public (NYSE: BAC, TYO: 8648)
    • If you find a mistake, please leave a comment

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