Bank of America Corp
- Industry
- Commercial Banks
- Exchange
- US
- Country
- USA
- IPO date
- Jan 13, 1978
- Employees
- 211,304
- Website
- www.bankofamerica.com
Composite valuation range · conservative $42–$48 / fair $50–$60 / optimistic $65–$80. At $62.13, Between the fair and optimistic ranges.
At publication $51.8 (May 24, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
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.
History
Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina, with an IPO date of January 13, 1978. The company operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets, serving individual consumers, businesses, institutional investors, large corporations, and governments worldwide. Brian Moynihan has served as CEO since 2010 and also as chairman since 2014. The company employs about 212,000 people.
Industry position
Bank of America is the second-largest commercial bank in the United States. In its 2025 proxy statement, it disclosed ranking second among its main peer group in net income, revenue, and market capitalization, while holding the first position in US consumer deposits and a leading position in small business lending. Its principal peers include JPMorgan, Wells Fargo, Citigroup, and U.S. Bancorp. The company reports total deposits of $2.02 trillion, loans of $1.19 trillion, GWIM client balances of about $4.8 trillion, and over 69 million consumer and small business clients.