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NYSE: BAC
Bank Of America Corp Statistics & Facts

Key Bank Of America facts

Founded
1998
Headquarters
Charlotte, North Carolina
Founders
BankAmerica, NationsBank
IPO Date
1978-01-13

Bank Of America Revenue Statistics

Bank Of America Revenue by Source

How does Bank of America make money?
Fees and commissions
$39.30B
Market making and similar activities
$8.69B
Other
-$1.81B
Interest
$47.67B

Bank Of America Fees & Commissions Revenue Breakdown

Bank of America stats breaking down the company's earnings from fees and commissions.
Card income
$6.22B
Service charges
$7.50B
Investment and brokerage services
$16.69B
Investment banking fees
$8.89B

Bank Of America Interest Income Breakdown

Bank of America statistics breaking down the company's interest income.
Loans and leases
$29.28B
Debt securities
$12.38B
Federal funds sold and securities borrowed or purchased under agreements to resell
-$90.00M
Trading account assets
$3.77B
Other
$2.33B

Bank Of America Market Share

Bank Of America vs Major Banks: Revenue

What is the biggest bank among the Big Four (Bank of America, Citigroup, Wells Fargo & JPMorgan Chase) by annual revenue?
Bank of America
$93.85B
JPMorgan Chase
$127.20B
Citigroup
$71.88B
Wells Fargo
$82.41B
Goldman Sachs
$59.34B

Bank Of America vs Major Banks: Client Assets

How does Bank of America compare to major banks in the U.S. by value of client assets under management?
Bank of America
$1.64T
Citigroup
$24.00T
JPMorgan Chase
$3.11T
Goldman Sachs
$2.47T

Bank Of America Expense Statistics

Bank Of America Total Expenses

How much does Bank of America spend on operations in a year?
Total costs and expenses
$59.73B

Bank Of America Expenses by Type

Bank of America stats breaking down the company's annual noninterest expenses by type.
Compensation and benefits
$36.14B
Occupancy and equipment
$7.14B
Information processing and communications
$5.77B
Product delivery and transactions
$3.88B
Marketing
$1.94B
Professional fees
$1.78B

Bank Of America Major Acquisitions

Bank Of America Employee Statistics

Bank Of America Employees

How many employees does Bank of America have?
Employees
208,000

Bank Of America Employees by Race/Ethnicity

Is Bank of America a diverse company?
White
51.3%
Hispanic
18.5%
Black
13.9%
Asian
13.3%
Native American or Alaskan Native
0.3%
Native Hawaiian or other Pacific Islander
0.3%

Bank Of America Miscellaneous Stats & Facts

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