Bank of America Corporation

Market Cap (Mar-08-2026)

349.074 Billion USD

World Rank (Jan-05-2024)

34

Market Cap (Jan-05-2024)

267.484 Billion USD

World Rank (Jul-30-2023)

36

Market Cap (Jul-30-2023)

253.720 Billion USD

World Rank (Jan-07-2022)

19

Market Cap (Jan-07-2022)

402.490 Billion USD

World Rank (Jan-01-2021)

29

Market Cap (Jan-01-2021)

262.200 Billion USD

Company Rank in Country in 2023

Rank in USA in July-2023 is 26

Headquarters Country

USA

Nasdaq / NYSE Code

BAC

CEO

Brian Moynihan

Founders

Amadeo Giannini

Hugh McColl

Employee Count

217,000

Employee Count as of Date

As on 2022

Headquarters City/State

North Carolina

World Region

Americas

World Subregion

Northern America

Annual Revenue in USD

107,422 Million USD

Annual Operating Income in USD

37,695 Million USD

Annual Net Income in USD

29,055 Million USD

Annual Results for Period Ending

Dec-2025 ending year

Total Assets in USD

3,411,740 Million USD

Total Liabilities in USD

3,108,500 Million USD

Total Equity in USD

303,243 Million USD

Balance Sheet for Period Ending

Dec-2025 ending year

Business Sector

Company Website

Bank of Americal - Leading Bank in USA

Wikipedia

Yahoo

Yahoo @ NYSE

Facebook

Company Profile

Bank of America Corporation is a banking and financial services company in USA. Headquarters is in America.

Bank of America has operations in more than 35 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas.

Facts About Company

As on 2022, Bank of America Corporation has 217,000 employees.

Bank of America Corporation annual revenue generated for period ending Dec-2022 was 107.82 billion USD.

Bank of America Corporation annual net income generated for period ending Dec-2022 was 35.77 billion USD.

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.

Annual Results Summary

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

Fiscal Year	Fiscal Year End	*Total Annual Revenue (USD mm)**	Gross Profit (USD mm)**	Operating Profit* (USD mm)**	Net Income (USD mm)
2025	2025-12-31	113,097	113,097	37,695	30,509
2024	2024-12-31	105,856	105,856	33,223	26,973
2023	2023-12-31	102,769	102,769	32,530	26,305
2022	2022-12-31	94,950	94,950	30,969	27,528
2021	2021-12-31	89,113	89,113	33,976	31,978
2020	2020-12-31	85,528	85,528	18,995	17,894
2019	2019-12-31	91,244	91,244	32,754	27,430
2018	2018-12-31	91,020	91,020	34,584	28,147
2017	2017-12-31	87,126	87,126	29,213	18,232
2016	2016-12-31	83,701	83,701	25,021	17,822

Balance Sheet Summary

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

Fiscal Year	Total Assets (USD million)	Total Liabilities (USD million)	Total Equity (USD million)
2025	3,411,738	3,108,495	303,243
2024	3,261,299	2,967,336	293,963
2023	3,180,151	2,888,505	291,646
2022	3,051,375	2,778,178	273,197
2021	3,169,495	2,899,429	270,066
2020	2,819,627	2,546,703	272,924
2019	2,434,079	2,169,269	264,810
2018	2,354,507	2,089,182	265,325
2017	2,281,234	2,014,088	267,146
2016	2,188,067	1,921,872	266,195

Founded Year

1998

Institutional Investors

Top 30 Institution Investors in Bank of America as on SEP-30-2023

RANK	INSTITUTION NAME	DATE	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	BERKSHIRE HATHAWAY INC	09/30/2023	1,03,28,52,006	0	0%	$30,593,076
2	VANGUARD GROUP INC	09/30/2023	60,87,85,121	-7,25,361	-0.12%	$18,032,215
3	BLACKROCK INC.	09/30/2023	48,76,64,271	1,23,69,980	2.60%	$14,444,616
4	STATE STREET CORP	09/30/2023	27,86,65,837	-81,30,960	-2.84%	$8,254,082
5	FMR LLC	09/30/2023	18,91,56,505	-1,73,34,251	-8.40%	$5,602,816
6	JPMORGAN CHASE & CO	09/30/2023	13,90,35,300	-1,03,46,781	-6.93%	$4,118,226
7	GEODE CAPITAL MANAGEMENT, LLC	09/30/2023	12,98,91,827	26,55,312	2.09%	$3,847,396
8	MORGAN STANLEY	09/30/2023	11,31,54,330	8,55,114	0.76%	$3,351,631
9	NORGES BANK	12/31/2022	10,37,60,365	13,90,412	1.36%	$3,073,382
10	PRICE T ROWE ASSOCIATES INC /MD/	09/30/2023	9,41,51,320	-1,24,73,475	-11.70%	$2,788,762
11	NORTHERN TRUST CORP	09/30/2023	6,76,48,727	13,97,469	2.11%	$2,003,755
12	DODGE & COX	09/30/2023	6,66,37,135	2,44,11,655	57.81%	$1,973,792
13	FRANKLIN RESOURCES INC	09/30/2023	5,36,74,226	35,26,268	7.03%	$1,589,831
14	HARRIS ASSOCIATES L P	09/30/2023	5,24,02,017	-10,60,354	-1.98%	$1,552,148
15	BANK OF NEW YORK MELLON CORP	09/30/2023	5,23,83,423	-22,12,203	-4.05%	$1,551,597
16	INVESCO LTD.	09/30/2023	4,95,60,338	6,78,414	1.39%	$1,467,977
17	LEGAL & GENERAL GROUP PLC	09/30/2023	4,59,96,059	-17,02,991	-3.57%	$1,362,403
18	AMERIPRISE FINANCIAL INC	09/30/2023	4,59,43,548	-20,04,084	-4.18%	$1,360,848
19	BARCLAYS PLC	09/30/2023	4,12,90,694	2,03,62,295	97.30%	$1,223,030
20	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	09/30/2023	4,05,18,019	7,46,756	1.88%	$1,200,144
21	GOLDMAN SACHS GROUP INC	09/30/2023	3,88,33,065	-26,04,881	-6.29%	$1,150,235
22	PARNASSUS INVESTMENTS, LLC	09/30/2023	3,75,73,669	-82,353	-0.22%	$1,112,932
23	DIMENSIONAL FUND ADVISORS LP	09/30/2023	3,73,43,404	-7,20,309	-1.89%	$1,106,112
24	CAPITAL WORLD INVESTORS	09/30/2023	3,58,50,700	2,55,783	0.72%	$1,061,898
25	PUTNAM INVESTMENTS LLC	09/30/2023	3,48,31,563	-1,01,957	-0.29%	$1,031,711
26	NUVEEN ASSET MANAGEMENT, LLC	09/30/2023	3,30,81,342	-4,32,780	-1.29%	$979,869
27	ROYAL BANK OF CANADA	09/30/2023	3,28,87,043	-33,94,749	-9.36%	$974,114
28	FISHER ASSET MANAGEMENT, LLC	09/30/2023	3,21,65,489	-9,53,266	-2.88%	$952,742
29	LAZARD ASSET MANAGEMENT LLC	09/30/2023	3,14,21,365	-67,18,156	-17.62%	$930,701
30	UBS ASSET MANAGEMENT AMERICAS INC	09/30/2023	2,92,75,950	20,36,602	7.48%	$867,154