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COMPANY BENCHMARKING • UNITED STATES

Bank Of America Corporation - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Bank Of America Corporation stacks up to the competition and put relevant competitor and industry information at your fingertips.


Bank Of America Corporation - Overview

Brands
BAL energy management, BAL Inverstment & Advisory, Banc America Mortgage Capital, Consumer Banking, First Franklin Financial Corp, General Fidelity Life insurance, Global Wealth and Investment Management, Merrill Edge, Merrill Lynch, Merrill Lynch Global Wealth Management, Merrill Lynch Wealth Management, US Trust
Description
Bank Of America is a public company headquartered in North Carolina with an estimated 217,000 employees. In the US, the company has a notable market share in at least seven industries: Finance and Insurance, Commercial Banking, Loan Administration, Check Cashing & Other Services, Custody, Asset & Securities Services, Investment Banking & Securities Intermediation, Private Banking Services, Merchant Banking Services and Finance and Insurance. Their largest market share is in the Custody, Asset & Securities Services industry, where they account for an estimated 9.7% of total industry revenue.
Company Details

Registered Name: Bank Of America Corporation

Company Type: Operating

Exchange: NYSE, OTC

Headquarters: 100 N Tryon St, Charlotte, NC 28202

Website: https://www.bankofamerica.com/

Employees: 217000

Bank Of America Corporation - Operating Industries and Main Competitors

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Bank Of America Corporation - Products and Services

  • Custody, Asset & Securities Services

    • Of the 6 core revenue-generating products and services in the Custody, Asset & Securities Services industry, Bank Of America Corporation offers:
    • Brokerage and dealing services
    • Financial planning and investment management
    • Financing related to securities
    • Other services
    • AAAAAAA - AAAAAAAA Market Share: x.x%

  • Investment Banking & Securities Intermediation

    • Of the 10 core revenue-generating products and services in the Investment Banking & Securities Intermediation industry, Bank Of America Corporation offers:
    • Brokering and dealing services for derivative contracts
    • Financial advisory and investment management services
    • Trading and related services
    • Underwriting, brokering and dealing services (debt)
    • AAAAAAA - AAAAAAAA Market Share: x.x%

  • Merchant Banking Services

    • Of the 3 core revenue-generating products and services in the Merchant Banking Services industry, Bank Of America Corporation offers:
    • Equity financing

  • Private Banking Services

    • Of the 5 core revenue-generating products and services in the Private Banking Services industry, Bank Of America Corporation offers:
    • Alternative assets
    • Cash and equivalent assets
    • Equities
    • Fixed income assets
    • AAAAAAA - AAAAAAAA Market Share: x.x%
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Bank Of America Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Bank Of America Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Custody, Asset & Securities Services, Investment Banking & Securities Intermediation, Merchant Banking Services, Private Banking Services, Commercial Banking, Loan Administration, Check Cashing & Other Services, and Finance and Insurance industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
  • AAAAA
  • AAAAA
  • AAAAA
Threats
  • AAAAA
  • AAAAA
  • AAAAA

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Bank Of America Corporation - Financial Statements & Ratios

pie_chartBank Of America Corporation Income Statement

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Revenue91,020.091,244.085,528.089,113.094,950.098,581.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
Other000000000000000000000000

pie_chartBank Of America Corporation Balance Sheet

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Cash and Equivalents177,404.0161,560.0380,463.0348,221.0230,203.0333,073.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
Other000000000000000000000000

pie_chartBank Of America Corporation Cash Flow

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
Other000000000000000000000000

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    Products and Services
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  • Products and Services
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