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FORTUNE 500
Our annual ranking of America's largest corporations
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PREVIOUS  NEXT Bank of America Corp.
Bank of America Corp.
Rank: 9 (Previous rank: 12)
Get quote: BAC
Financials: Latest quarterly results
CEO: Kenneth D. Lewis
Address: 100 N. Tryon St.
Charlotte, NC 28255
Phone: 704-386-5681
Website: http://www.bankofamerica.com
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FORTUNE 500 Headquarters
FORTUNE 500 Companies 2007
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This company also appears on other rankings. Most recently:
Revenues 117,017.0 39.3
Profits 21,133.0 28.4
Assets 1,459,737.0
Stockholders' Equity 135,272.0
Market Value 3/23/2007 231,174.0
Revenues 18.1
Assets 1.4
Stockholders' equity 15.6
2006 $ 4.59
% change from 2005 13.6
1996-2006 annual growth rate % 8.9
2006 20.7
1996-2006 annual rate 12.0
Industry: Commercial Banks
1 Citigroup 8 146,777.0
2 Bank of America Corp. 9 117,017.0
3 J.P. Morgan Chase & Co. 11 99,973.0
4 Wells Fargo 41 47,979.0
5 Wachovia Corp. 46 46,810.0
6 U.S. Bancorp 123 19,109.0
7 Capital One Financial 154 15,191.0
8 SunTrust Banks 183 13,260.4
9 National City Corp. 188 12,952.7
10 Bank of New York Co. 209 11,891.0
11 PNC Financial Services Group 231 10,939.0
12 State St. Corp. 263 9,525.0
13 BB&T Corp. 265 9,414.8
14 Fifth Third Bancorp 299 8,108.0
15 Regions Financial 312 7,756.4
16 KeyCorp 319 7,507.0
17 Mellon Financial Corp. 358 6,395.0
18 Marshall & Ilsley Corp. 441 5,127.9
19 Comerica 487 4,539.0
20 Northern Trust Corp. 490 4,473.0
21 M&T Bank Corp. 496 4,359.9
22 Synovus Financial Corp. 514 4,150.1
23 Popular 540 3,873.9
24 First Horizon National Corp. 575 3,496.0
25 Zions Bancorp 592 3,369.3
26 Commerce Bancorp 669 2,870.3
27 Compass Bancshares 686 2,755.8
28 Huntington Bancshares 714 2,631.6
29 Colonial Bancgroup 966 1,644.8
30 Associated Banc 998 1,574.9
From the April 30th, 2007 issue
The $785 billion profit gusher America's largest corporations generated record earnings in 2006, thanks to a happy confluence of circumstances. How much longer can the outpouring last? (more)
Exxon CEO says green isn't his color Unlike its rivals, the most profitable company in history doesn't much care about alternative fuels and doesn't try to please the greens. Is CEO Rex Tillerson nuts – or shrewd? (more)
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How the states stack up
New York 57
Texas 56
California 52
Best employers
These companies appear on both the FORTUNE 500 and our 2007 ranking of the Best Companies to Work For.
Valero Energy 22
Goldman Sachs Group 36
Procter & Gamble 68
Most profitable companies
Exxon Mobil 39,500
UAL 22,876
Citigroup 21,538
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