BANK OF AMERICA CORP

BAC
Delayed Quote. Delayed  - 04/09 04:10:00 pm
39.99USD +0.73%
Business Summary
Financials
Banking & Investment Services
 Banking Services
  Banks
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Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Number of employees : 213 000 people.
Sales per Business
20192020
USD
(in Million)
%USD
(in Million)
%
Consumer Banking 38,58733.9% 33,26235%
Global Banking 20,48318% 18,98720%
Global Markets 15,61413.7% 18,76619.8%
Global Wealth & Investment Management 19,53717.2% 18,58419.6%
FTE Basis Adjustment -595.00-0.5% -499.00-0.5%
All Other -2,382-2.1% -3,572-3.8%
Sales per region
20192020
USD
(in Million)
%USD
(in Million)
%
United States 81,23671.3% 75,57679.6%
Europe, Middle East and Africa 5,3104.7% 4,4914.7%
Asia 3,4913.1% 4,2324.5%
Latin America and the Caribbean 1,2071.1% 1,2291.3%
Managers
Name Title
Brian T. Moynihan Chairman, President & Chief Executive Officer
Paul M. Donofrio Chief Financial Officer
Catherine P. Bessant Co-COO & Chief Technology Officer
Thomas Kell Montag Co-Chief Operating Officer
Andrea B. Smith Chief Administrative Officer
Thomas J. May Independent Director
Frank P. Bramble Independent Director
Monica Cecilia Lozano Independent Director
Susan Schmidt Bies Independent Director
Sharon L. Allen Independent Director
Shareholders
Name Equities %
Berkshire Hathaway, Inc. (Investment Management) 1,010,100,606 11.7%
The Vanguard Group, Inc. 580,926,222 6.73%
SSgA Funds Management, Inc. 319,292,299 3.70%
BlackRock Fund Advisors 179,060,097 2.07%
Wellington Management Co. LLP 177,377,653 2.05%
Fidelity Management & Research Co. LLC 161,325,717 1.87%
Capital Research & Management Co. 156,894,940 1.82%
T. Rowe Price Associates, Inc. (Investment Management) 131,426,984 1.52%
Geode Capital Management LLC 114,198,212 1.32%
Capital Research & Management Co. (World Investors) 112,385,201 1.30%
Company contact information
Bank of America Corp.
100 North Tryon Street
Charlotte, NC 28255

Phone : +1.704.386.5681
Fax : +1.704.386.6699
Web : http://www.bankofamerica.com
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