BANK OF AMERICA CORPORATION

BANK OF AMERICA CORPORATION
World Rank (Jan-07-2022)
19
Market Cap (Jan-07-2022)
402.490 Billion USD
World Rank (Sep-01-2021)
20
Market Cap (Sep-01-2021)
351.320 Billion USD
World Rank (Jan-01-2021)
29
Market Cap (Jan-01-2021)
262.200 Billion USD
World Rank (Jan-2020)
15
Market Cap (Jan 1st 2020)
317.977 Billion USD
Annual Revenue in USD
89,110 Million USD
Annual Net Income in USD
30,550 Million USD
Annual Results for Year Ending
Dec-2021
Total Assets in USD
3,169,900 Million USD
Total Liabilities in USD
2,899,900 Million USD
Total Equity in USD
270,070 Million USD
Balance Sheet Summary for Period ending
Dec-2021
Headquarters Region / City
North Carolina
Headquarters Country
USA
Headquarters Sub Region
Northern America
Headquarters Continent
Americas
Company Business
Financial Services
Banking Services
Investment Banking
Insurance
Credit Cards
Wealth Management
Asset Management
Mortgage
Stock Category
S&P 500
Stock Exchange
NYSE
Company Rank in Country in 2022
Company Rank in USA in 2022 is 14
Rank in Country (Jan-2021)
Company Rank in USA in 2021 is 19
Rank in Country (Jan-2020)
Rank in USA in 2020 is 11
Number of Employees
208,000
Employee Count as on Date
As on December 2021
CEO:
Brian Moynihan
Founders
Amadeo Giannini
Hugh McColl
Yahoo @ NYSE
Wikipedia
Twitter
Bloomberg
Facebook
Company Website:
Bank of Americal - Leading Bank in USA
Founded Year
1998
Business Sector:
Top Banks in USA
Top Banks in S&P 500
About Company Business:

BANK OF AMERICA CORPORATION is leading bank in USA and it generates through lending and investments. Headquarters is in America.  It is at the core of how we live our values, deliver our purpose and achieve responsible growth.

BANK OF AMERICA CORPORATION grew deposits to a record $2.1T in 2021.

BANK OF AMERICA CORPORATION commitment to responsible growth is resolute, and has four tenets:

  • We have to grow — no excuses.
  • We have to be client focused.
  • We have to grow within our risk framework.
  • And, our growth must be sustainable, which has three elements: driving operational excellence, being a great place to work for our teammates and sharing our success with our communities.

Bank of America have a long-term commitment to helping communities thrive and prosper—both economically and socially—with operations in more than 35 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas.

Bank of America has 4,600 retail financial branches and approximately 16,200 ATM's as on 2021.

BANK OF AMERICA CORPORATION annual revenue generated for period ending Dec-2021 was 89.11 million USD.

BANK OF AMERICA CORPORATION annual net income generated for period ending Dec-2021 was 30.55 million USD.

Total Assets as on Dec-2021 was 3,169,948 Million USD

 

Annual Revenue
BANK OF AMERICA CORPORATION Annual Revenues for December-2020 ending is 85.53 Billion USD
Annual Net Income
BANK OF AMERICA CORPORATION Annual Net Income for December-2020 ending is 16.47 Billion USD
Total Current Assets
BANK OF AMERICA CORPORATION Total Current Assets as on June-2020 is 0 Million USD
Total Assets
BANK OF AMERICA CORPORATION Total Assets as on June-2020 is 2,741,688 Million USD
Total Current Liabilities
BANK OF AMERICA CORPORATION Total Current Liabilities as on June-2020 is 0 Million USD
Total Liabilities
BANK OF AMERICA CORPORATION Total Liabilities as on June-2020 is 2,476,051 Million USD
Total Equity
BANK OF AMERICA CORPORATION Total Equity as on June-2020 is 265,637 Million USD
Annual Results Summary:

Bank of America - Annual Results - Revenue and Net Profit - in Billion USD:

Annual Results Revenue Profit Before Tax Net Income
Dec-2021 89.11 33.97 30.55
Dec-2020 85.53 18.99 16.47
Dec-2019 113.58 32.75 25.99
Dec-2018 91.25 34.58 28.15
Dec-2017 87.35 29.21 18.23
Dec-2016 83.7   17.91
Dec-2015 82.25   15.88
Balance Sheet Summary

Bank of America - Balance Sheet Summary - in Million USD:

Year Ending: Total Assets Total Liabilities Total Equity
Dec-2021 3,169,948 2,899,882 270,066
Dec-2020 2,819,627 2,546,703 272,924
Dec-2019 2,434,079 2,169,269 264,810
Dec-2018 2,354,507 2,089,182 265,325
Dec-2017 2,281,234 2,014,088 267,146
Dec-2016 2,188,067 1,921,872 266,195
Quarterly Results Summary:

Bank of America - Quarterly Results - Revenue and Net Profit - in Billion USD:

Quarter - Ending Revenue Net Profit
Sep-2022 24.50 6.57
Jun-2022 22.68 5.93
Mar-2022 23.22 6.60
Dec-2021 22.06 6.77
Sep-2021 23.01 7.26
Jun-2021 22.62 9.22
Mar-2021 24.02 8.05
Dec-2020 21.31 5.47
Sep-2020 21.69 4.88
Jun-2020 22.32 3.28
Mar-2020 26.73 4.53
Dec-2019 22.34 6.99
Sep-2019 22.81 5.78
Jun-2019 22.23 7.34
Mar-2019 21.99 7.31
Dec-2018 21.82 7.28
Sep-2018 22.06 7.17
Institutional Investors

Top 30 Institution Investors in Bank of America as on JUN-30-2022

RANK INSTITUTIONAL HOLDER NAME DATE SHARES HELD CHANGE (SHARES) CHANGE (%) VALUE (IN 1,000S)
1 BERKSHIRE HATHAWAY INC 6/30/2022 1,010,100,606 0 0% $34,858,572
2 VANGUARD GROUP INC 6/30/2022 599,144,507 7,937,420 1.34% $20,676,477
3 BLACKROCK INC. 6/30/2022 488,121,027 -10,508,963 -2.11% $16,845,057
4 STATE STREET CORP 6/30/2022 300,222,293 -25,058,552 -7.70% $10,360,671
5 FMR LLC 6/30/2022 225,252,776 8,507,789 3.93% $7,773,473
6 JPMORGAN CHASE & CO 6/30/2022 133,488,355 6,630,811 5.23% $4,606,683
7 GEODE CAPITAL MANAGEMENT, LLC 6/30/2022 119,403,467 1,687,952 1.43% $4,120,614
8 CAPITAL WORLD INVESTORS 6/30/2022 91,110,110 -6,712,555 -6.86% $3,144,210
9 MORGAN STANLEY 6/30/2022 89,113,394 27,285,901 44.13% $3,075,303
10 NORGES BANK 12/31/2021 88,519,806 -1,020,593 -1.14% $3,054,819
11 NORTHERN TRUST CORP 6/30/2022 71,943,519 -1,640,101 -2.23% $2,482,771
12 PRICE T ROWE ASSOCIATES INC /MD/ 6/30/2022 64,774,816 -33,352,250 -33.99% $2,235,379
13 BANK OF NEW YORK MELLON CORP 6/30/2022 64,271,076 2,285,163 3.69% $2,217,995
14 AMERIPRISE FINANCIAL INC 6/30/2022 61,976,139 -2,039,822 -3.19% $2,138,797
15 INVESCO LTD. 6/30/2022 53,390,501 -3,346,491 -5.90% $1,842,506
16 LEGAL & GENERAL GROUP PLC 6/30/2022 52,475,574 1,493,089 2.93% $1,810,932
17 HARRIS ASSOCIATES L P 6/30/2022 49,438,173 5,296,966 12% $1,706,111
18 DODGE & COX 6/30/2022 44,434,589 1,511,600 3.52% $1,533,438
19 NUVEEN ASSET MANAGEMENT, LLC 6/30/2022 43,070,138 126,162 0.29% $1,486,350
20 DEUTSCHE BANK AG\ 6/30/2022 37,514,277 7,052,667 23.15% $1,294,618
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 6/30/2022 37,252,058 311,282 0.84% $1,285,569
22 DIMENSIONAL FUND ADVISORS LP 6/30/2022 35,322,967 93,127 0.26% $1,218,996
23 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 6/30/2022 34,685,565 23,026,684 197.50% $1,196,999
24 LAZARD ASSET MANAGEMENT LLC 6/30/2022 32,677,826 1,450,195 4.64% $1,127,712
25 ROYAL BANK OF CANADA 6/30/2022 31,715,078 685,307 2.21% $1,094,487
26 GOLDMAN SACHS GROUP INC 6/30/2022 31,493,306 3,096,104 10.90% $1,086,834
27 UBS ASSET MANAGEMENT AMERICAS INC 6/30/2022 31,464,323 2,531,320 8.75% $1,085,834
28 FRANKLIN RESOURCES INC 6/30/2022 30,130,393 2,776,655 10.15% $1,039,800
29 PUTNAM INVESTMENTS LLC 6/30/2022 29,992,721 -680,242 -2.22% $1,035,049
30 CLEARBRIDGE INVESTMENTS, LLC 6/30/2022 29,933,227 1,713,789 6.07% $1,032,996

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