Bank of America Corp


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Dividend For BACRP.PK - 1.7500 USD

Latest Developments


Bank Of America Announces Redemption Of Senior Notes

Bank Of America Provides Statement On Federal Reserve’S 2020 Comprehensive Capital Analysis And Review

Bank Of America Corp Issues $1 Bln Corporate Social Bond


About Bank of America Corp

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.


Regional Banks

Contact Info

Bank of America Corporate Center

100 N Tryon St



United States


Executive Leadership

Brian T. Moynihan

Chairman of the Board, President, Chief Executive Officer

Thong M. Nguyen

Vice Chairman of the Board

Paul M. Donofrio

Chief Financial Officer

Dean C. Athanasia

President - Retail and Preferred & Small Business Banking

Kathleen A. Knox

President - U.S. Trust

Key Stats

2.31 mean rating - 26 analysts
Revenue (MM, USD)
















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Latest News

Latest News

MOVES-Bank of America shuffles Asia capital markets leaders

Bank of America said on Monday it has appointed Matt Basler and Craig Coben to co-head its Asia Pacific capital markets business.

BofA sees oil demand recovering, hikes crude forecasts

Bank of America (BofA) Global Research has lifted its oil price forecast for this year and next as demand recovers from coronavirus-linked shutdowns, the OPEC+ output cut deal curtails supply, and producers slash capital expenditure.

MOVES-Bank of America names Kleinsteuber to run Americas insurance investment banking

Bank of America Corp has appointed Brad Kleinsteuber as its head of insurance investment banking in the Americas, according to an internal memo seen by Reuters on Monday, the contents of which were confirmed by a bank spokesman.

Bank of America to pay $7.23 million for mutual fund overcharges: FINRA

Bank of America Corp <BAC.N> agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

Bank of America to pay $7.23 million after overcharging mutual fund customers--FINRA

Bank of America Corp agreed to pay $7.23 million in restitution and interest to settle a U.S. regulator's accusations that it overcharged customers on mutual funds.

Bank of America pledges $1 billion to address racial, economic inequality

Bank of America Corp said on Tuesday it is making a $1 billion, four-year commitment to help communities address economic and racial inequality exacerbated by the COVID-19 global pandemic.

Bank of America faces racketeering lawsuit over private mortgage insurance

A new lawsuit accuses Bank of America of violating a federal anti-racketeering law by failing to tell borrowers about their right to cancel private mortgage insurance for their homes.

Bank of America insurance investment banking chief exits: sources

Thomas Solomon has decided to step down as head of insurance investment banking in the Americas at Bank of America Corp <BAC.N>, people familiar with the matter said on Wednesday.

Emerging economies burn through $240 billion in reserves, drain seen continuing: Bank of America

Leading emerging countries have burned through $240 billion in foreign exchange reserves over the past two months, Bank of America said on Monday, as central banks look to prop up their currencies and economies in the face of COVID-19.

Bank of America CEO says some consumer spending is beginning to pick up

Bank of America Corp Chief Executive Brian Moynihan said on Friday that the bank is seeing some consumer spending beginning to pick up as some states ease restrictions related to the coronavirus pandemic.

Bank of America has 256,000 loan applications ready for SBA

Bank of America Corp <BAC.N> said on Thursday it has 256,000 loan applications ready to be processed by the Small Business Administration, a U.S. government agency that provides support to entrepreneurs and small businesses, as part of the Paycheck Protection Program.

Goldman poaches Bank of America's Fortunati to boost industrials ranks: sources

Goldman Sachs <GS.N> has snapped up a Bank of America <BAC.N> dealmaker to build up its industrials team as it seeks to win more business in one of the sectors hardest-hit by the coronavirus outbreak, three sources told Reuters.

Bank of America gives dour economic outlook, profit falls

Bank of America Corp <BAC.N> reported a 48.5% drop in first-quarter net income on Wednesday, warning that it anticipated a recession because of the novel coronavirus and setting aside an additional $3.6 billion to cover potential losses.

CORRECTED-Bank of America profit nearly halves as loan loss provisions soar

Bank of America Corp recorded a 48.5% fall in quarterly profit as the bank set aside $3.6 billion for potential loan losses tied to the coronavirus pandemic.

Trading gains for big U.S. banks may not last past first quarter

Big U.S. banks made a pretty penny in trading during the first quarter as the coronavirus pandemic caused wild market swings, analysts said, but those gains will likely be overshadowed by declines in other businesses and a bleak outlook for the rest of the year.

IBM taps former Bank of America CTO to oversee cloud business

International Business Machines Corp <IBM.N> on Monday named former Bank of America Corp <BAC.N> top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty.

Trump says Bank of America, others doing 'great job' on small-business loans

President Donald Trump hailed one of the country's largest banks, as well as many small lenders, for making small business emergency loans on the first day of a new U.S. coronavirus economic relief program.

Bank of America received 10,000 applications within first hour of small business loan program

Bank of America Corp Chief Executive Brian Moynihan said the bank has already received roughly 10,000 applications for federally backed small business loans within the first hour of starting to accept them.

Bank of America sees Mexico economy contracting 8% in 2020

Mexico's economy will likely shrink by 8.0% this year due to the effects of the coronavirus crisis and a drop in crude oil prices, Bank of America said on Thursday, slashing its previous forecast for a contraction of 4.5%.

Bank of America capital levels allow operational focus during crisis: CEO

Bank of America Corp <BAC.N> is better positioned to focus on operations rather than financial risk during the coronavirus outbreak, thanks to regulatory safeguards put in place after the financial crisis in 2008, Chief Executive Brian Moynihan said on Friday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.