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BANK OF AMERICA CORPORATION

(BAC)
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Bank of America : Names Jennifer Dacquisto President of Monterey Bay

09/14/2021 | 11:12am EDT

Bank of America has named Jennifer Dacquisto as President of Bank of America Monterey Bay. Dacquisto succeeds Bill Tebbe, who will continue in his role in Business Banking and as an active local leader.

As Monterey Bay President, Dacquisto will continue Tebbe's work to establish and nurture strong relationships both inside and outside the company to connect the banking and investment resources offered through our eight lines of business to people and companies across the Monterey Bay area. She will also lead the effort to deploy Bank of America's resources to address social and economic concerns, strengthen communities and support the health and safety of local teammates.

'Jennifer has established deep relationships with teammates, clients, and the Monterey Bay community,' said Brian Moynihan, chief executive officer, Bank of America. 'I thank Bill for his leadership and look forward to continued growth and success with Jennifer taking on this critical role.'

With more than 20 years of experience leading marketing, branding, communications and community programs in the financial services and community development sectors, Jennifer was the ideal candidate for the role. She is active in the market, serving on the Board of Directors for Digital NEST and the Monterey Bay Charter School Foundation. She is also on the Advisory Council for the Institute for Innovation and Economic Development at California State University Monterey Bay and is a member of the Housing Advisory Committee for Monterey County.

Bank of America

Bank of America is one of the world's leading 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. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 million mobile users. Bank of America is a global leader in wealth management, 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 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, register for email news alerts.

Reporters may contact:

Colleen Haggerty, Bank of America
Phone: 1.213.621.7414
colleen.haggerty@bofa.com

Disclaimer

Bank of America Corporation published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 15:11:03 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 89 213 M - -
Net income 2021 29 942 M - -
Net Debt 2021 - - -
P/E ratio 2021 13,5x
Yield 2021 1,64%
Capitalization 392 B 392 B -
Capi. / Sales 2021 4,39x
Capi. / Sales 2022 4,24x
Nbr of Employees 209 407
Free-Float 99,8%
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Technical analysis trends BANK OF AMERICA CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 47,57 $
Average target price 46,40 $
Spread / Average Target -2,45%
EPS Revisions
Managers and Directors
Brian T. Moynihan Chairman, President & Chief Executive Officer
Paul M. Donofrio Chief Financial Officer
Catherine P. Bessant Co-COO & Chief Technology Officer
Thomas Kell Montag Co-Chief Operating Officer
Andrea B. Smith Chief Administrative Officer
Sector and Competitors