The Bank of America Corporation (Bank of America; often abbreviated BAC or BofA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank and Bank of America in 1998. It is the second-largest banking institution in the United States and the second-largest bank in the world by market capitalization, both after JPMorgan Chase. Bank of America is one of the Big Four banking institutions of the United States. and one of eight systemically important financial institutions in the United States. It serves about 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. Through mergers, the oldest branch of the Bank of America franchise can be traced to 1784, when Massachusetts Bank was chartered, the first federally chartered joint-stock owned bank in the United States. Another branch of its history goes back to the American-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Headquartered in San Francisco, California, Giannini acquired Banca d'America e d'Italia, in 1922 and eventually did business as Bank of America.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| BAC | BANK OF AMERICA CORP /DE/ | 2025-10-16 22:06:55 | 50.53 | 0.09 | 0.18 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 0000070858 | BANK OF AMERICA CORP /DE/ | US0605051046 | 9DJT3UXIJIZJI4WXO774 | 560906609 | NYSE | 6021 | National Commercial Banks | 1231 | DE | BANK OF AMERICA CORPORATE CENTER | CHARLOTTE | NC | 28255 | UNITED STATES | US | 7043868486 | BANK OF AMERICA CORPORATE CENTER, CHARLOTTE, NC, 28255 | BANK OF AMERICA CORPORATE CENTER, CHARLOTTE, NC, 28255 | BANKAMERICA CORP/DE/ | Financial services | 1998 | — | 209,000 | http://www.bofasecurities.com/ | 309,201,944,388 | 7,436,679,485 | 7,406,947,312 | The Bank of America Corporation (Bank of America; often abbreviated BAC or BofA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank and Bank of America in 1998. It is the second-largest banking institution in the United States and the second-largest bank in the world by market capitalization, both after JPMorgan Chase. Bank of America is one of the Big Four banking institutions of the United States. and one of eight systemically important financial institutions in the United States. It serves about 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. Through mergers, the oldest branch of the Bank of America franchise can be traced to 1784, when Massachusetts Bank was chartered, the first federally chartered joint-stock owned bank in the United States. Another branch of its history goes back to the American-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Headquartered in San Francisco, California, Giannini acquired Banca d'America e d'Italia, in 1922 and eventually did business as Bank of America. | 2025-10-10 19:00:36 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 309,201,944,388 | 81,014,218,590 | 35.5033 | 7,604,677,274 | -267,980,268 | -3.4039 |
| 2023 | 228,187,725,798 | -21,948,731,544 | -8.7747 | 7,872,657,542 | -131,181,680 | -1.639 |
| 2022 | 250,136,457,342 | -99,788,797,560 | -28.5172 | 8,003,839,222 | -65,962,079 | -0.8174 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Dean C. Athanasia | President | 2024 | 1,000,000 | 5,100,000 | 8,777,975 | 0 | 52,473 | 14,948,916 |
| James P. Demare | President | 2024 | 1,000,000 | 7,500,000 | 13,004,344 | 0 | 49,422 | 21,553,766 |
| Brian T. Moynihan | Chair, Chief Executive Officer | 2024 | 1,500,000 | 0 | 25,720,414 | 0 | 583,090 | 28,738,702 |
| Alastair M. Borthwick | Chief Financial Officer | 2024 | 1,000,000 | 4,350,000 | 7,152,418 | 0 | 49,466 | 12,554,801 |
| Matthew M. Koder | President | 2024 | 1,000,000 | 5,700,000 | 10,078,348 | 0 | 76,087 | 16,854,435 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 213,000 |
| 2019 | 208,000 |
| 2018 | 204,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 101,887,000,000 | 98,581,000,000 | 94,950,000,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 16,748,000,000 | 16,714,000,000 | 8,599,000,000 |
| Operating Income | — | — | — |
| Net Income | 27,132,000,000 | 26,515,000,000 | 27,528,000,000 |
| Earnings Per Share Basic | 3.25 | 3.1 | 3.21 |
| Earnings Per Share Diluted | 3.21 | 3.08 | 3.19 |
| Weighted Average Shares Outstanding Basic | 7,855,500,000 | 8,028,600,000 | 8,113,700,000 |
| Weighted Average Shares Outstanding Diluted | 7,935,800,000 | 8,080,500,000 | 8,167,500,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 26,003,000,000 | 27,892,000,000 | 30,334,000,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | 82,247,000,000 | 81,881,000,000 | 67,543,000,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 12,168,000,000 | 11,855,000,000 | 11,510,000,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 3,261,519,000,000 | 3,180,151,000,000 | 3,051,375,000,000 |
| Accounts Payable | — | — | — |
| Deferred Revenue | — | — | — |
| Short Term Debt | 43,391,000,000 | 32,098,000,000 | 26,932,000,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 283,279,000,000 | 302,204,000,000 | 275,982,000,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 2,965,960,000,000 | 2,888,505,000,000 | 2,778,178,000,000 |
| Common Stock | 45,336,000,000 | 56,365,000,000 | 58,953,000,000 |
| Retained Earnings | 242,349,000,000 | 224,672,000,000 | 207,003,000,000 |
| Accumulated Other Comprehensive Income | -15,285,000,000 | -17,788,000,000 | -21,156,000,000 |
| Total Shareholders Equity | 295,559,000,000 | 291,646,000,000 | 273,197,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 2,189,000,000 | 2,057,000,000 | 1,978,000,000 |
| Share Based Compensation Expense | 3,433,000,000 | 2,942,000,000 | 2,862,000,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 4,492,000,000 | 23,944,000,000 | -20,799,000,000 |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | -7,522,000,000 | -7,708,000,000 | -1,222,000,000 |
| Cash From Operating Activities | -8,805,000,000 | 44,982,000,000 | -6,327,000,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | — | — | — |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | 4,145,000,000 | 5,258,000,000 | 4,612,000,000 |
| Cash From Investing Activities | -90,693,000,000 | -35,387,000,000 | -2,529,000,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 7,822,000,000 | 7,374,000,000 | 6,963,000,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 13,104,000,000 | 4,576,000,000 | 5,073,000,000 |
| Issuance Of Long Term Debt | 56,683,000,000 | 65,396,000,000 | 65,910,000,000 |
| Repayment Of Long Term Debt | 70,411,000,000 | 44,571,000,000 | 34,055,000,000 |
| Other Financing Activities | -127,000,000 | -717,000,000 | -312,000,000 |
| Cash From Financing Activities | 60,369,000,000 | 93,345,000,000 | -106,039,000,000 |
| Change In Cash | -42,959,000,000 | 102,870,000,000 | -118,018,000,000 |
| Cash At End Of Period | 26,003,000,000 | 27,892,000,000 | 30,334,000,000 |
| Income Taxes Paid | 3,822,000,000 | 3,405,000,000 | 2,288,000,000 |
| Interest Paid | 89,687,000,000 | 69,604,000,000 | 18,526,000,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 3.25 | 3.1 | 3.21 |
| Price To Earnings Ratio | 13.5231 | 10.8613 | 10.3178 |
| Earnings Growth Rate | 4.8387 | -3.4268 | -10.8333 |
| Price Earnings To Growth Ratio | 2.7948 | -3.1695 | -0.9524 |
| Book Value Per Share | 37.6245 | 36.3259 | 33.6711 |
| Price To Book Ratio | 1.1681 | 0.9269 | 0.9836 |
| Ebitda | 89,203,000,000 | 105,308,000,000 | 51,897,000,000 |
| Enterprise Value | 645,916,225,000 | 576,732,962,000 | 541,305,744,000 |
| Dividend Yield | 0.0227 | 0.0273 | 0.0259 |
| Dividend Payout Ratio | 0.2883 | 0.2781 | 0.2529 |
| Debt To Equity Ratio | 1.1053 | 1.1463 | 1.1088 |
| Capital Expenditures | 2,502,000,000 | 2,402,000,000 | 2,655,000,000 |
| Free Cash Flow | -11,307,000,000 | 42,580,000,000 | -8,982,000,000 |
| Return On Equity | 0.0918 | 0.0909 | 0.1008 |
| One Year Beta | 0.8371 | 1.193 | 0.96 |
| Three Year Beta | 0.9787 | 0.9958 | 1.243 |
| Five Year Beta | 1.2078 | 1.237 | 1.2238 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | 10% owner | 2025-10-13 | 1 | A | 1 |
| BANK OF AMERICA CORP /DE/ | 10% owner | 2025-10-10 | 6,440 | A | 6,440 |
| BANK OF AMERICA CORP /DE/ | 10% owner | 2025-10-10 | 6,440 | D | 0 |
| BANK OF AMERICA CORP /DE/ | 10% owner | 2025-10-09 | 190 | A | 190 |
| BANK OF AMERICA CORP /DE/ | 10% owner | 2025-10-09 | 190 | D | 0 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Angus S King, Jr. | Senator | 2025-08-18 | Purchase | 2025-07-21 | Spouse | $1,001 - $15,000 |
| John Boozman | Senator | 2025-05-14 | Sale (Partial) | 2025-04-15 | Joint | $1,001 - $15,000 |
| John Boozman | Senator | 2025-03-06 | Sale (Partial) | 2025-02-05 | Joint | $1,001 - $15,000 |
| Jerry Moran | Senator | 2024-01-17 | Sale (Full) | 2023-12-14 | Spouse | $1,001 - $15,000 |
| Jerry Moran | Senator | 2024-01-17 | Sale (Full) | 2023-12-14 | Self | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Valerie Hoyle | 2025-10-10 | OR04 | Sale | 2025-09-23 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2024-10-29 | Spouse | $1,001 - $15,000 |
| Valerie Hoyle | 2025-09-12 | OR04 | Purchase | 2025-06-06 | Spouse | $1,001 - $15,000 |
| Julie Johnson | 2025-09-11 | TX32 | Sale (Partial) | 2025-08-14 | Joint | $1,001 - $15,000 |
| Ritchie John Torres | 2025-08-20 | NY15 | Sale | 2025-07-11 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| LOCKERMAN FINANCIAL GROUP, INC. | 2025-09-30 | 372,480 | 7,220 | 51.59 |
| WILLNER & HELLER, LLC | 2025-09-30 | 307,047 | 5,952 | 51.5872 |
| Carnegie Investment Counsel | 2025-09-30 | 27,339,274 | 529,934 | 51.59 |
| AMI INVESTMENT MANAGEMENT INC | 2025-09-30 | 4,034,941 | 78,212 | 51.5898 |
| LINCOLN CAPITAL CORP | 2025-09-30 | 479,660 | 9,298 | 51.5874 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| NORTH COUNTRY FUNDS | 2025-08-31 | The North Country Large Cap Equity Fund | NCEGX | 55,500 | 2,816,070 | 2.2062 |
| CALAMOS INVESTMENT TRUST/IL | 2025-07-31 | Class I | CIHEX | 131,154 | 6,199,649.58 | 0.827 |
| CALAMOS INVESTMENT TRUST/IL | 2025-07-31 | Class C | CCHEX | 131,154 | 6,199,649.58 | 0.827 |
| CALAMOS INVESTMENT TRUST/IL | 2025-07-31 | Class A | CAHEX | 131,154 | 6,199,649.58 | 0.827 |
| CALAMOS INVESTMENT TRUST/IL | 2025-07-31 | Class R6 | CGIOX | 541,560 | 25,599,541.2 | 0.84 |