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Bank of America

BAC

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Rank 21
Country USA
Exchange NYSE
Currency USD
Sector FINANCE
Industry NATIONAL COMMERCIAL BANKS
Address BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE, NC, US

Bank of America - Key figures

Market cap 370.77 Billion
Revenue 93.71 Billion
Profit 93.71 Billion
P/E Ratio 12.86
P/s Ratio 3.957
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Bank of America - Description

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina.

Founded in San Francisco, Bank of America was formed through NationsBank's acquisition of BankAmerica 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 services approximately 10 percent 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.