Bank of America Corp. (New York Stock Exchange:BAC)

About the company

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

Sector

Finance

Industry

Major Banks

Employees

208000

CEO

Brian T. Moynihan

Exchange

New York Stock Exchange

Website

http://www.bankofamerica.com

$91B

Total Revenue

208K

Employees

$215B

Market Capitalization

9.51

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$B

Operating Margin (in %)

Total operating margin

$B

Net Margin (in %)

Total net margin

$23B

Dividend Yield (in %)

Dividend per share

$0.69

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
JPMorgan Chase & Co. JPM 294566.15 114755.00 1.22 10.47 24.68
Bank of America Corp. BAC 214547.49 91007.00 0.84 9.51 24.91
Wells Fargo & Co. WFC 109291.42 81171.00 0.64 8.86 15.37
U.S. Bancorp USB 56060.18 23081.00 1.19 9.27 26.25
The PNC Financial Services Group, Inc. PNC 45150.30 18058.00 0.88 9.52 26.34
The Bank of New York Mellon Corp. BK 35132.44 16216.00 0.89 8.21 26.46
Capital One Financial Corp. COF 28495.90 27999.00 0.49 12.01 8.66
KeyCorp KEY 11733.42 6313.00 0.74 7.23 21.42
Regions Financial Corp. RF 10409.20 5799.00 0.63 8.35 21.80
Comerica, Inc. CMA 5149.42 3249.00 0.66 6.65 24.28
People's United Financial, Inc. PBCT 4594.98 1935.00 0.63 8.80 26.96
TCF Financial Corp. TCF 3556.53 1874.00 0.77 13.51 14.24
CIT Group, Inc. CIT 1881.60 2370.00 0.36 -8.48 -9.96
Simmons First National Corp. SFNC 1679.60 869.00 0.62 6.26 30.76
Hope Bancorp, Inc. HOPE 1089.90 512.00 0.53 7.09 30.13
Park National Corp. PRK 1088.16 404.00 1.13 11.28 24.66
Cadence Bancorporation CADE 1054.72 771.00 0.49 -4.06 -33.23
City Holding Co. CHCO 996.80 242.00 1.47 10.56 39.64
National Commerce Corp. (Alabama) NCOM 744.99 170.00 1.18 17.74 25.04
FB Financial Corp. FBK 742.14 378.00 0.98 11.68 17.08
OFG Bancorp OFG 673.92 426.00 0.71 26.45 6.02
Meta Financial Group, Inc. CASH 668.04 450.00 0.76 5.36 27.28
Amerant Bancorp, Inc. AMTB 613.61 274.00 0.72 14.56 15.19
Amerant Bancorp, Inc. AMTBB 457.52 274.00 0.53 10.86 15.19
First Financial Corp. (Indiana) THFF 447.59 178.00 0.81 8.83 28.78
Arrow Financial Corp. AROW 427.35 119.00 1.38 11.58 30.90
Peoples Bancorp, Inc. (Ohio) PEBO 424.62 199.00 0.69 10.87 19.34
The First Bancshares, Inc. (Mississippi) FBMS 387.72 157.00 0.83 8.58 28.37
Alerus Financial Corp. ALRS 311.84 170.00 1.14 11.14 16.69
American National Bankshares, Inc. (Virginia) AMNB 254.87 99.00 0.79 11.25 23.78
The First Bancorp, Inc. (Maine) FNLC 238.37 70.00 1.10 9.14 37.07
Metropolitan Bank Holding Corp. MCB 232.08 119.00 0.78 8.87 23.04
National Bankshares, Inc. NKSH 171.00 46.00 0.97 10.92 36.60
Richmond Mutual Bancorporation, Inc. RMBI 154.56 35.00 0.77 -11.50 -37.22
Capital Bancorp, Inc. (Maryland) CBNK 144.48 95.00 1.05 8.75 17.30
Esquire Financial Holdings, Inc. ESQ 130.40 48.00 1.09 9.26 28.53
Landmark Bancorp, Inc. (Kansas) LARK 121.65 49.00 0.98 9.47 24.09
Blue Ridge Bankshares, Inc. (Virginia) BRBS 91.38 66.00 0.96 20.86 6.31
Old Point Financial Corp. OPOF 76.00 48.00 0.72 11.18 14.81

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

Bank of America’s U.S. Staff to Start Returning to Offices After Labor Day

2d ago, source: MSN

(Bloomberg) -- Bank of America Corp. will start bringing employees back to offices in phases after Labor Day. “In the U.S., ...

Were Hedge Funds Right About Selling Bank of America Corporation (BAC)?

5d ago, source: YAHOO!

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use ...

3 reasons why Bank of America says to be bullish on US stocks, including economic surprise index hitting record high

3d ago, source: Business Insider

The note comes the same day JPMorgan listed 3 reasons to be bullish on stocks, and a day after the S&P 500 posted its best ...

Bank of America Corp (NYSE:BAC) Shares Sold by Mercer Global Advisors Inc. ADV

12d ago, source: modernreaders.com

Mercer Global Advisors Inc. ADV lowered its stake in shares of Bank of America Corp (NYSE:BAC) by 0.5% in the first quarter, ...

Cash Dividend On The Way From Bank of America Corp's 6% Non-Cumulative Preferred Stock, Series EE

8d ago, source: Nasdaq

Below is a dividend history chart for BAC.PRA, showing historical dividends prior to the most recent $0.375 on Bank of ...

Bank of America Corporate, Commercial and Business Banking Contact Centers Earn J.D. Power Certification for the 11th Consecutive Year

10d ago, source: YAHOO!

For the 11th consecutive year, the J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Commercial and Business Banking contact centers, which include card ...

Bank of America Announces Redemption of Senior Notes

2d ago, source: Associated Press

Bank of America Corporation announced today that it will redeem on July 21, 2020 all $1,000,000,000 principal amount outstanding of its Floating Rate Senior Notes, due July 2021 (CUSIP No. 06051GGN3) ...



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