Our annual ranking of America's largest corporations

9 of 500
BACKNEXT
9. Bank of America Corp.
Bank of America Corp.
Financials: Latest Results
Rank: 9 (Previous rank: 5)
CEO: Brian T. Moynihan
Compare tool: Bank of America Corp. vs. Top 10
CEO Brian Moynihan may have hoped that predicting $45 billion to $50 billion in earnings down the road would mollify investors distressed at the bank's $5.8 billion in losses over the last two years.

But some critics think the embattled bank chief is being overly optimistic. After all, Bank of America still needs to resolve continuing issues from the mortgage mess and a number of embarrassing lawsuits over the bank's foreclosure practices. And shares are off 78% from their pre-meltdown high -- no wonder the Fed recently nixed the bank's plans to restore a dividend program. --P.N.

Subscribe to Fortune Magazine
Is Bank of America Corp. a great company, or what?
Key financials $ millions % change
from 2009
Revenues 134,194.0 -10.8
Profits -2,238.0 -135.7
Assets 2,264,909.0
Stockholders' equity 228,248.0
Market value (3/25/2011) 135,016.2
Profits as % of  
Revenues -1.7
Assets -0.1
Stockholders' equity -1.0
Earnings per share  
2010 $ -0.37
% change from 2009 N.A.
2000-2010 annual growth rate % N.A.
Total return to investors %
2010 -11.2
2000-2010 annual rate -1.7
Rank Company 500
rank
Revenues
($ millions)
1 Bank of America Corp. 9 134,194.0
2 J.P. Morgan Chase & Co. 13 115,475.0
3 Citigroup 14 111,055.0
4 Wells Fargo 23 93,249.0
5 Goldman Sachs Group 54 45,967.0
6 Morgan Stanley 63 39,320.0
7 American Express 91 30,242.0
8 U.S. Bancorp 126 20,518.0
9 Capital One Financial 134 19,067.0
10 Ally Financial 149 17,373.0
11 PNC Financial Services Group 151 17,096.0
12 Bank of New York Mellon Corp. 165 14,929.0
13 BB&T Corp. 220 11,072.0
14 SunTrust Banks 244 10,071.7
15 State Street Corp. 253 9,716.0
16 Discover Financial Services 291 8,241.2
17 Regions Financial 293 8,220.0
18 Fifth Third Bancorp 326 7,218.0
19 CIT Group 364 6,362.5
20 KeyCorp 417 5,458.0
Issue date: May 23, 2011
Fortune 500+ Web app
  • Get the download
    Download the ultimate tool to get you inside America's 1,000 biggest companies.
Galleries and more
Headquarters
MAPS
Bank of America Corp.
100 N. Tryon St.
Charlotte, NC 28255
704-386-5681
www.bankofamerica.com
Find your top companies
 High revenue growth  High profit growth
 High EPS growth  High return to investors
 Top 5 in its industry  Best company to work for
 Big employer  Small employer



Video

Rank # of Fortune 500 Companies
New York 57
California 53
Texas 51
Company Rank
Microsoft 38
Goldman Sachs 54
Intel 56
Company 2010 $ (millions)
Exxon Mobil $30,460.0
AT&T $19,864.0
Chevron $19,024.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.