Our annual ranking of America's largest corporations

5 of 500
5. Bank of America Corp.
Bank of America Corp.
Rank: 5 (Previous rank: 11)
CEO: Brian T. Moynihan
Compare tool: Bank of America Corp. vs. Top 10
Say this about Bank of America chief Brian Moynihan: He certainly knows how to talk the talk. In his letter to shareholders, Moynihan went out of his way to thank U.S. taxpayers for making $45 billion in TARP funds available. He also described how he is working closely with "policy leaders" on financial reform.

Whether he can walk the walk -- i.e., turn around BofA's fortunes -- is another matter. While the company did repay its TARP loan in December, it is still sitting on billions of dollars of vulnerable residential and commercial mortgage debt -- one reason the company spent 8,000 words discussing risk in its annual report. --P.N.

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Key financials $ millions % change
from 2008
Revenues 150,450.0 33.0
Profits 6,276.0 56.6
Assets 2,223,299.0
Stockholders' equity 231,444.0
Market value (3/26/2010) 179,572.9
Profits as % of  
Revenues 4.2
Assets 0.3
Stockholders' equity 2.7
Earnings per share  
2009 $ -0.29
% change from 2008 -152.7
1999-2009 annual growth rate % N.A.
Total return to investors %
2009 7.3
1999-2009 annual rate -1.0
Rank Company 500
($ millions)
1 Bank of America Corp. 5 150,450.0
2 J.P. Morgan Chase & Co. 9 115,632.0
3 Citigroup 12 108,785.0
4 Wells Fargo 19 98,636.0
5 Goldman Sachs Group 39 51,673.0
6 Morgan Stanley 70 31,515.0
7 American Express 88 26,730.0
8 U.S. Bancorp 121 19,490.0
9 GMAC 122 19,403.0
10 PNC Financial Services Group 123 19,231.0
11 Capital One Financial 144 15,980.1
12 BB&T Corp. 217 10,818.0
13 SunTrust Banks 224 10,420.0
14 Fifth Third Bancorp 248 9,450.0
15 State Street Corp. 249 9,362.0
16 Regions Financial 254 9,087.1
17 Bank of New York Mellon Corp. 274 8,345.0
18 Discover Financial Services 286 7,985.7
19 KeyCorp 356 6,068.0
20 Northern Trust Corp. 497 4,193.1
Issue date: May 3, 2010.
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Bank of America Corp.
100 N. Tryon St.
Charlotte, NC 28255
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Rank # of Fortune 500 Companies
California 57
Texas 57
New York 56
Company 2009 $ (millions)
Exxon Mobil $19,280.0
Microsoft $14,569.0
Wal-Mart Stores $14,335.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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