Bank of America Corporation
Price
Key statistics
- Forward rate
- $1.12
- Yield
- 1.88%
- Payout ratio
- 27.30%
- Frequency
- Quarterly
- 2026-03-06$0.28
Bank of America Corporation operates as a leading global financial institution headquartered in Charlotte, North Carolina, and founded in 1904. It provides a comprehensive suite of banking and financial services to individuals, small businesses, and large corporations across multiple segments. Consumer banking includes checking and savings accounts, mortgages, credit cards, and personal loans, supported by an extensive network of financial centers and digital platforms. The Global Wealth & Investment Management division offers investment advisory, brokerage, retirement planning, and wealth management solutions through Merrill Lynch and other brands. In its Global Banking segment, the company delivers corporate lending, treasury services, and capital markets expertise to institutional clients worldwide. Additionally, Global Markets facilitates trading in equities, fixed income, currencies, and commodities. Bank of America Corporation plays a pivotal role in the financial markets by enabling economic growth through lending, payment processing, and investment services, serving diverse clients from retail customers to multinational enterprises.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- Mr. Brian Thomas Moynihan
- Employees
- 212,000
- Headquarters
- Charlotte, NC, United States
- Website
- www.bankofamerica.com