Bank of America Corporation
Bank of America Corporation (or BofA) is the second largest bank in the United States in terms of consolidated assets, deposits, loans and market capitalization. With more than 213,000 employees, it serves approximately 68 million consumer and small business customers through about 3,700 retail branches/financial centers and 15,000 branded ATMs. Bank of America has a presence in over 35 countries and territories around the world. The company operates through the following business lines: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. GWIM includes two primary subsidiaries: Bank of America Private Bank and Merrill Wealth Management. Bank of America is one of the 100 Best Companies to Work For (according to Fortune) as well as World’s Best Bank for Markets & Trade Finance, North America's Best Bank for SMEs and North America's Best Digital Bank according to Euromoney. BofA’s shares are traded on the New York Stock Exchange (NYSE), with a market capitalization of $348 billion as of February 21, 2025. The company's total assets under management (AUM) currently exceed $1.86 trillion.
Financials
| Revenue | $98.6 billion (2023) |
| Net income | $26.5 billion (2023) |
| Diluted earnings per common share | $3.08 (2023) |
| Total assets | $3.324 trillion (09/2024) |
| Total deposits | $1.930 trillion (09/2024) |
| Loans | $1.08 trillion (09/2024) |
| Shareholders' equity | $296.5 billion (09/2024) |
| Assets under management (AUM) | $1.861 trillion (09/2024) |
| Total client balances | $4.194 trillion (09/2024) |
Fast Facts (09/2024):
Number of branches: 3,741
Number of ATMs: 14,900
Number of employees: 213,491
Number of customers: approx. 68 million
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Head office address:
100 North Tryon Street
Charlotte, NC 28255
United States
Phone number: 1 704 386 5681
Website: www.bankofamerica.com
Bank of America Branches, Bank of America International Locations
Regional Headquarters for Latin America
Global Wealth Management
701 Brickell Avenue
11th Floor, Miami, Florida 33131
Telephone: +1 305 416 6600
Global Wealth Management
2 World Financial Center
225 Liberty Street, 41st Floor
New York, NY 10281
Merrill Lynch & Co.
3455 Peachtree Road, N.E.
The Pinnacle, Suite 200
Atlanta, GA 30326
Popular Center
Suite 1830, 209 Munoz Rivera Avenue
San Juan, Puerto Rico, 00918