Business description: Bank of America Corporation

Bank of America Corporation is a banking group organized around 5 areas of activity:

- commercial banking (58.6% of Net Interest Income);

- business and investment banking (25.5%);

- wealth management and asset management (12.4%);

- market banking (2.9%);

- other (0.6%).

At the end of 2023, the group managed USD 1,923.8 billion in current deposits and USD 1,053.7 billion in current credits.

Number of employees: 213,000

Sales by Activity: Bank of America Corporation

Fiscal Period: December20192020202120222023

Global Banking

20.07B 14.09B 24.08B 21.59B 25.38B

Consumer Banking - Deposits

21.65B 17.07B 17.85B 21.84B 24.94B

Consumer Banking - Consumer Lending

13.16B 10.43B 17.19B 14.82B 11.94B

Global Wealth & Investment Management (GWIM)

19.46B 18.23B 20.99B 21.68B 21.1B

All Other

-1.71B -3.62B -5.16B -5.19B -8.26B

Global Markets

15.62B 18.52B 19.19B 18.11B 19.66B

Unallocated Fully Taxable-Equivalent Adjustment

-595M -499M -427M -438M -567M
See all business segments

Geographical breakdown of sales: Bank of America Corporation

Fiscal Period: December20192020202120222023

United States

81.24B 75.58B 78.01B 82.89B 85.57B

Europe, Middle East and Africa (EMEA)

5.31B 4.49B 5.42B 6.04B 6.39B

Asia

3.49B 4.23B 4.44B 4.6B 4.95B

Latin America and the Caribbean

1.21B 1.23B 1.24B 1.42B 1.66B
See all geographic segments

Managers: Bank of America Corporation

Director TitleAgeSince
Chief Executive Officer 64 2009-12-31
Director of Finance/CFO - -
Chief Administrative Officer 55 -
Chief Tech/Sci/R&D Officer 50 2020-12-31
Investor Relations Contact - 2011-07-04
See BANK OF AMERICA CORPORATION governance

Members of the board: Bank of America Corporation

Manager TitleAgeSince
Chairman 64 2014-09-30
Director/Board Member 67 2006-03-31
Director/Board Member 72 2012-08-22
Director/Board Member 73 2012-08-22
Director/Board Member 69 2013-01-22
Director/Board Member 69 2013-01-22
Director/Board Member 73 2013-07-23
Director/Board Member 71 2016-04-26
Director/Board Member 72 2016-06-22
Director/Board Member 66 2017-12-13
Composition of the Board of Directors

Shareholders: Bank of America Corporation

NameEquities%Valuation
797,683,307 10.40 % 37 898 M $
Berkshire Hathaway, Inc. (Investment Management)
9.987 %
766,305,462 9.987 % 36 407 M $
Vanguard Fiduciary Trust Co.
8.602 %
660,015,523 8.602 % 31 357 M $
288,718,745 3.763 % 13 717 M $
Geode Capital Management LLC
1.828 %
140,255,970 1.828 % 6 664 M $
NameEquities%Valuation
PNC Investments LLC
25.53 %
8,692,086 25.53 % 219 M $
Ethos Financial Group LLC
0.0235 %
8,000 0.0235 % 201 520 $
ORG Partners LLC
0.0200 %
6,806 0.0200 % 171 443 $
Thurston, Springer, Miller, Herd & Titak, Inc.
0.000441 %
150 0.000441 % 3 779 $
NameEquities%Valuation
Atlas Wealth LLC
6.138 %
734,104 6.138 % 17 M $
Tower Bridge Advisors, Inc.
0.8973 %
107,314 0.8973 % 2 M $
DeRoy & Devereaux Private Investment Counsel, Inc.
0.5532 %
66,161 0.5532 % 2 M $
Hilton Capital Management LLC
0.3319 %
39,700 0.3319 % 915 482 $
NameEquities%Valuation
Berkshire Hathaway, Inc. (Investment Management)
0.7080 %
354 0.7080 % 16 819 $
NameEquities%Valuation
Kingfisher Capital LLC
0.0707 %
36,682 0.0707 % 686 320 $
Russell Investments Canada Ltd.
0.003591 %
1,863 0.003591 % 34 857 $
NameEquities%Valuation
Nuveen Asset Management LLC
-
21,410,000 - 21 M $
Metropolitan West Asset Management LLC
-
4,495,000 - 4 M $
Fideuram Asset Management (Ireland) DAC
-
3,908,000 - 4 M $
Flaherty & Crumrine, Inc.
-
3,400,000 - 3 M $
PIMCO Europe Ltd.
-
2,400,000 - 2 M $
NameEquities%Valuation
Caixa DTVM SA
0.001479 %
453,904 0.001479 % 5 M $
Itaú Unibanco SA
0.000860 %
263,814 0.000860 % 3 M $
BRAM - Bradesco Asset Management SA DTVM
0.000186 %
57,119 0.000186 % 683 823 $
Safra Asset Management Ltda.
0.000179 %
54,800 0.000179 % 656 060 $
Credit Suisse Hedging-Griffo Corretora de Valores SA
0.000042 %
13,000 0.000042 % 155 635 $
NameEquities%Valuation
Mengis Capital Management, Inc.
0.5122 %
43,084 0.5122 % 1 M $
Ethos Financial Group LLC
0.4808 %
40,443 0.4808 % 974 676 $
Atlas Wealth LLC
0.3345 %
28,140 0.3345 % 678 174 $
Arlington Trust Co. LLC
0.007727 %
650 0.007727 % 15 665 $
Estabrook Capital Management LLC
0.004755 %
400 0.004755 % 9 640 $
NameEquities%Valuation
Nordea Investment Management AB
-
1,863,000 - 2 M $
Sanlam Investments UK Ltd.
-
1,000,000 - 987 500 $
Ayalon Mutual Funds Ltd.
-
1,000,000 - 987 500 $
NameEquities%Valuation
Roanoke Asset Management Corp.
0.0473 %
13,000 0.0473 % 278 200 $
Russell Investments Canada Ltd.
0.003237 %
889 0.003237 % 19 025 $
Estabrook Capital Management LLC
0.002731 %
750 0.002731 % 16 050 $
NameEquities%Valuation
Private Asset Management, Inc.
0.1581 %
57,712 0.1581 % 1 M $
Thompson Investment Management, Inc.
0.007671 %
2,800 0.007671 % 51 604 $
Russell Investments Canada Ltd.
0.004088 %
1,492 0.004088 % 27 498 $
NameEquities%Valuation
Nuveen Asset Management LLC
-
32,700,000 - 33 M $
DoubleLine Capital LP
-
200,000 - 200 840 $
NameEquities%Valuation
Atlas Wealth LLC
6.556 %
250,619 6.556 % 6 M $
Tower Bridge Advisors, Inc.
0.7247 %
27,700 0.7247 % 636 546 $
WesBanco Bank, Inc. (Investment Management)
0.3460 %
13,225 0.3460 % 303 911 $
Eagle Bay Advisors LLC
0.0326 %
1,245 0.0326 % 28 610 $
Arlington Trust Co. LLC
0.0196 %
750 0.0196 % 17 235 $
NameEquities%Valuation
Atlas Wealth LLC
0.3113 %
52,007 0.3113 % 1 M $
Arlington Trust Co. LLC
0.0419 %
7,000 0.0419 % 170 800 $
Highlander Capital Management LLC
0.0120 %
2,000 0.0120 % 48 800 $
NameEquities%Valuation
Nuveen Asset Management LLC
-
48,634,000 - 49 M $
Flaherty & Crumrine, Inc.
-
22,850,000 - 23 M $
Fideuram Asset Management (Ireland) DAC
-
7,300,000 - 7 M $
Franklin Bissett Investment Management
-
2,000,000 - 2 M $
NameEquities%Valuation
BlackRock Fund Advisors
12,741.27 %
392,454,234 12,741.27 % 488 B $
Fidelity Management & Research Co. LLC
6,182.74 %
190,439,646 6,182.74 % 237 B $
JPMorgan Investment Management, Inc.
4,833.99 %
148,895,746 4,833.99 % 185 B $
Boston Management & Research
3,866.11 %
119,083,362 3,866.11 % 148 B $
Putnam Investment Management LLC
2,586.62 %
79,672,709 2,586.62 % 99 153 M $
NameEquities%Valuation
PIMCO Europe Ltd.
-
33,810,000 - 34 M $
Nuveen Asset Management LLC
-
16,030,000 - 16 M $
Alumot Sprint Mutual Funds Management Ltd.
-
410,000 - 408 770 $
Research Affiliates LLC
-
223,000 - 222 331 $
Santander Private Banking Gestion SA SGIIC
-
99,989 - 99 689 $
NameEquities%Valuation
Cascades Capital Asset Management LLC
0.1165 %
62,900 0.1165 % 2 M $
WhaleRock Point Partners LLC
0.0519 %
28,000 0.0519 % 707 280 $
CTBC Investments Co., Ltd.
0.0462 %
24,940 0.0462 % 629 984 $
Roanoke Asset Management Corp.
0.0352 %
19,000 0.0352 % 479 940 $
Pinnacle Wealth Management Advisory Group LLC
0.0148 %
8,000 0.0148 % 202 080 $
NameEquities%Valuation
Old Point Trust & Financial Services, NA
0.001729 %
900 0.001729 % 19 674 $
Boyd Watterson Asset Management LLC
0.000240 %
125 0.000240 % 2 733 $
NameEquities%Valuation
PineBridge Investments Management Taiwan Ltd.
9.634 %
4,046,214 9.634 % 106 M $
Sterling Capital Management LLC
7.701 %
3,234,368 7.701 % 85 M $
Franklin Templeton SinoAm Securities Investment Mgmt, Inc
0.4763 %
200,028 0.4763 % 5 M $
Neville, Rodie & Shaw, Inc.
0.0190 %
8,000 0.0190 % 209 280 $
Burkett Financial Services LLC
0.000952 %
400 0.000952 % 10 464 $
NameEquities%Valuation
ORG Partners LLC
0.0303 %
16,752 0.0303 % 391 662 $
WhaleRock Point Partners LLC
0.0253 %
14,000 0.0253 % 327 320 $
Capital Investment Trust Corp.
0.0161 %
8,893 0.0161 % 207 918 $
Russell Investments Canada Ltd.
0.004156 %
2,297 0.004156 % 53 704 $
Thompson Investment Management, Inc.
0.002262 %
1,250 0.002262 % 29 225 $
NameEquities%Valuation
Nuveen Asset Management LLC
-
45,796,000 - 46 M $
PT Asset Management LLC (Illinois)
-
2,565,000 - 3 M $
DoubleLine Capital LP
-
1,100,000 - 1 M $
Flaherty & Crumrine, Inc.
-
700,000 - 709 457 $
Montecito Bank & Trust (Invt Mgmt)
-
100,000 - 101 351 $
NameEquities%Valuation
Crossmark Global Holdings, Inc.
0.7479 %
321,544 0.7479 % 6 M $
CCM Investment Advisers LLC
0.0233 %
10,000 0.0233 % 194 700 $
Thompson Investment Management, Inc.
0.006978 %
3,000 0.006978 % 58 410 $
1620 Investment Advisors, Inc.
0.003815 %
1,640 0.003815 % 31 931 $
Russell Investments Canada Ltd.
0.003012 %
1,295 0.003012 % 25 214 $
NameEquities%Valuation
Atlas Wealth LLC
0.1486 %
18,303 0.1486 % 449 888 $
ORG Partners LLC
0.0284 %
3,500 0.0284 % 86 030 $
Highlander Capital Management LLC
0.006089 %
750 0.006089 % 18 435 $
Andbank Wealth Management SGIIC SAU
0.000520 %
64 0.000520 % 1 573 $
List of BANK OF AMERICA CORPORATION shareholders

Holdings: Bank of America Corporation

NameEquities%Valuation
1,002,6531.92%74,934,986 $
7,9950.00%98,259 $
5000.00%4,435 $
20.00%17 $

Company details: Bank of America Corporation

Bank of America Corp.

Bank of America Corporate Center 100 North Tryon Street

28255, Charlotte

+704 386 5681

http://www.bankofamerica.com
address Bank of America Corporation(BAC)

Group companies: Bank of America Corporation

NameCategory and Sector
Financial Conglomerates
SACL Farmers LLC
Encino Pointe Ltd.
ML Invest Finance LLC
Campanile at Jones Creek LP
See all subsidiaries

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Change 5d. change 1-year change 3-years change Capi. ($)
-0.35%-2.74%+47.77%+2.83%352B
-0.39%-1.38%+53.20%+51.35%686B
0.00%+4.56%+32.78%+11.32%288B
-0.78%-4.29%+56.29%+45.00%242B
-0.16%+5.75%+40.77%+17.26%204B
+0.52%+5.77%+36.52%+39.49%191B
-0.09%+1.52%+42.24%+37.09%179B
+0.13%+0.02%+47.57%+61.20%172B
-0.01%+1.64%+21.12%+70.28%170B
-0.10%+3.51%+13.00%+22.35%168B
Average -0.02%+1.60%+39.13%+35.82% 265.37B
Weighted average by Cap. -0.06%+0.91%+42.68%+35.55%
See all sector performances
Trading Rating
Investor Rating
ESG Refinitiv
C+
surperformance-ratings-light-chart BANK-OF-AMERICA-CORPORATIMore Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
45.91USD
Average target price
48.93USD
Spread / Average Target
+6.59%
Consensus

Quarterly revenue - Rate of surprise

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