Bank Of America Corp

BAC Company Profile

Current Price

$49.83

Sector

Financials

Industry

Banks

Headquarters

North Carolina; U.S.A

Employees

213.2K

Founded

1978

Business Overview

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, checking accounts, and investment accounts and products; credit and debit cards; residential mortgages and home equity loans; and direct and indirect loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, and underwriting and advisory services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

Company Information

Stock SymbolBAC
ExchangeNYSE
SectorFinancials
IndustryBanks
Market Cap$363.88B
P/E Ratio13.08

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Frequently Asked Questions

What does BAC do?

Bank of America Corporation, through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large cor...

What industry is BAC in?

Bank Of America Corp operates in the Banks industry within the Financials sector.

Where is BAC headquartered?

Bank Of America Corp is headquartered in North Carolina; U.S.A.

How many employees does BAC have?

Bank Of America Corp has approximately 213.2K employees.

Who is the CEO of BAC?

Executive leadership information for BAC is available through company filings and our platform.

When was BAC founded?

Bank Of America Corp was founded in 1978.

What is BAC's business model?

Bank Of America Corp operates in the Banks industry generating revenue through its core business operations in the Financials sector. View our detailed financial analysis for revenue breakdown and business segments.

Is BAC publicly traded?

Yes, BAC (Bank Of America Corp) is a publicly traded company listed on NYSE. You can view real-time stock quotes, financial statements, and analysis on our platform.

Disclaimer: Company information is sourced from public filings and data providers. Information may change as companies update their corporate structure, operations, and disclosures. Always verify current information through official company sources and SEC filings.

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