Bank of America

Bank of America is a financial institution that provides banking, investment and financial services. Read more

230,495 Followers on Owler
230,495 Followers on Owler
230,495 Followers on Owler
230,495 Followers on Owler

Bank of America

Bank of America is a financial institution that provides banking, investment and financial services. Read more

Brian Moynihan's photo - Chairman & CEO of Bank of America

Chairman & CEO

Brian Moynihan

CEO Approval Rating

54/100

Founded:

1998

Status:

PublicIndependent CompanyNYSEBAC

BANK OF AMERICA TOP COMPETITORS OR ALTERNATIVES

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CEO

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JPMorgan Chase is the top competitor of Bank of America. JPMorgan Chase is headquartered in New York, New York, and was founded in 1799. JPMorgan Chase competes in the Banks field. JPMorgan Chase generates 148% the revenue of Bank of America.

Wells Fargo is perceived as one of Bank of America's biggest rivals. Wells Fargo was founded in San Francisco, California} in 1852. Like Bank of America, Wells Fargo also operates in the Banks industry. Compared to Bank of America, Wells Fargo generates $13.1B less revenue.

Citi is seen as one of Bank of America's top competitors. Citi is a Public company that was founded in New York, New York in 1812. Like Bank of America, Citi also works within the Banks industry. Citi has 5,511 more employees vs. Bank of America.

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Bank of America Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$85.5B

Bank of America's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 42B. Over the last four quarters, Bank of America's revenue has decreased by 11.7%. Specifically, in Q4 2020's revenue was $20.1B; in Q3 2020, it was $20.3B; in Q2 2020, it was $22.3B; in Q1 2020, Bank of America's revenue was $22.8B.

Bank of America Acquisitions

No recent acquisitions found related to Bank of America

Bank of America Funding History

No recent funding data found related to Bank of America

Bank of America Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

AMETEK is a Pennsylvania-based developer and manufacturer of electronic instruments, electromechanical devices and related products for industries such as medical and defense.
$800M
Apr 29, 2021
Post-IPO Debt
Jan 22, 1978
Constant is a Florida-based cloud computing platform that helps developers to build, deploy, and scale applications using cloud infrastructure.
$150M
Apr 22, 2021
Debt
-
Hannon Armstrong is a Maryland-based company that provides debt and equity investment management solutions for the renewable energy industry.
$400M
Apr 19, 2021
Debt
Apr 17, 2013
Elevate Capital is a venture capital firm that focuses on early and growth stage investments.
-
Apr 19, 2021
Investment Fund
-
Rogers is a Canada-based communications and media firm that provides wireless communications, cable television, telephone, internet connectivity, and related services.
$15.2B
Apr 13, 2021
Debt
-

Bank of America News

May 4, 2021Telecompaper

Mubadala hires banks to advise on Yahsat IPO - report

(Telecompaper) The UAE-based Mubadala Investment Company has hired Bank of America and Morgan Stanley... See more »
May 4, 2021The Business Journals: Dallas

Bank of America DFW and global leaders continue to highlight advanced tech

Dallas Market President Jennifer Chandler and global leaders say AI is especially important to the ba... See more »
May 4, 2021Citywire

Bank of America readies 'sell' warning, as 'euphoric' sentiment hits 13-year high

Stock markets have hit 'euphoric' levels and are just percentage points away from Bank of America Mer... See more »
May 4, 2021Markets Insider

Danaher To Present At Bank Of America Healthcare Conference

WASHINGTON, May 4, 2021 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced that President and ... See more »
May 4, 2021The Wall Street Journal

Bank of America Tech Executives See Promise in 5G, 3-D Printing

Cathy Bessant, Bank of America's chief operations and technology officer, thinks the bank may one day... See more »
May 4, 2021The Business Journals: Phoenix

Bank of America looks to expand Leader on Loan program in new markets, including Phoenix

Bank of America is looking to expand a program for bank executives into several markets around the co... See more »

Bank of America Press Releases

March 3, 2021GlobalNewswire

Bank of America holds shares of WIMI Hologram Cloud, the first share of "holographic AR" is favored by Wall Street

Hong Kong, March 03, 2021 (GLOBE NEWSWIRE) -- Recently, IDC released the "IDC Global Augmented Realit... See more »
March 1, 2021PR Newswire

CVG Extends $90 Million ABL Facility To 2026

/PRNewswire/ -- CVG (NASDAQ: CVGI), announced that effective today, it has amended its $90.0 million ... See more »
February 4, 2021StreetInsider

Mary Alexander & Associates Files Class Action Lawsuit Against Bank of America for Failure to Provide Adequate Protection for Unemployed Californians

SAN FRANCISCO, Feb. 3, 2021 /PRNewswire/ --Â Mary Alexander & Associates filed a class action lawsuit... See more »
January 19, 2021WebWire

Smithsonian Latino Center Announces $1 Million Gift From Bank of America To Support Latino Gallery

The Smithsonian Latino Center has announced a $1 million gift from Bank of America to support the ope... See more »
January 15, 2021Business Wire

Cotchett, Pitre & McCarthy Files Lawsuit Against Bank of America for Allegedly Failing to Protect the Accounts of Thousands of Unemployed Californians

SAN FRANCISCO--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy filed a major lawsuit late Thursday, Janua... See more »
December 22, 2020PRWeb

Morehouse School of Medicine Receives $200,000 Grant from Bank of America

Funds will be used to upgrade software, systems for cutting-edge education and research(PRWeb Decembe... See more »
December 16, 2020PR Newswire

Retailer rue21 Announces Deal With Bank of America To Retire Debt, Extend Credit Agreement

WARRENDALE, Pa., Dec. 16, 2020 /PRNewswire/ -- Specialty retailer rue21 (r21 Holdings, Inc.) announce... See more »

Bank of America Videos

Social Media

Bank of America Headquarters

100 North Tryon Street

Charlotte, North Carolina28255

1-800-432-1000

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Bank of America Summary

ABOUT

Overview

Bank of America (NYSE, BAC) provides banking, loan solutions, investments, and financial services. With headquarters in Charlotte, North Carolina, it is the second largest bank holding company in the world in terms of assets. In 2010, Forbes ranked it...

CEO

Bank of America's Chairman & CEO, Brian Moynihan, currently has an approval rating of 54%. Bank of America's primary competitors are JPMorgan Chase, Wells Fargo & Citi.

Website

bankofamerica.com

Frequently Asked Questions about Bank of America

  1. When was Bank of America founded?

    Bank of America was founded in 1998
  2. Who is Bank of America's CEO?

    Bank of America's CEO is Brian Moynihan
  3. How much revenue does Bank of America generate?

    Bank of America generates $85.5B in revenue
  4. How much funding does Bank of America have?

    Bank of America has historically raised $0 in funding
  5. Where is Bank of America's headquarters?

    Bank of America's headquarters is in Charlotte North Carolina, USA
  1. How many employees does Bank of America have?

    Bank of America has 204,489 employees
  2. What sector does Bank of America operate in?

    Bank of America is in Banks, Diversified Financial Services
  3. Who are Bank of America's competitors?

    Bank of America's top competitors are JPMorgan Chase, Wells Fargo, Citi
  4. Who has Bank of America invested in?

    Bank of America's has invested in companies such as Ametek, Constant, Hannon Armstrong