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About BAC

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The GWIM segment offers solutions to meet clients’ needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.

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Latest BAC news

Today 3:40am ET Analysts Offer Insights on Financial Companies: Interactive Brokers (IBKR), Bank of America (BAC) and Bank of New York Mellon Corporation (BK) Today 3:10am ET Analysts Offer Insights on Financial Companies: Nordea Bank Abp (OtherNBNKF) and Bank of America (BAC) Yesterday 8:19am ET Morgan Stanley and HSBC Cut Asia-Pacific Jobs Amid Slowing Deals. Yesterday 7:45am ET Oppenheimer Reaffirms Their Buy Rating on Bank of America (BAC) Yesterday 5:06am ET Optimistic Outlook for Bank of America: Buy Rating Justified by Improved Financial Performance and Technological Advancements Yesterday 1:30am ET Analysts Conflicted on These Financial Names: Commerce Bancshares (CBSH), Mercantile Bank (MBWM) and Bank of America (BAC) Apr 16 8:11pm ET Wall Street Analysts Are Bullish on Top Financial Picks Apr 16 10:25am ET RBC Capital Keeps Their Buy Rating on Bank of America (BAC) Apr 16 9:41am ET Unusually active option classes on open April 16th Apr 16 8:59am ET BofA: Losses on office loans front-loaded, should decline in Q2 Apr 16 8:56am ET Notable open interest changes for April 16th Apr 16 8:55am ET BofA sees low single digit percentage loan growth, moderate deposit growth Apr 16 8:53am ET Bank of America sees to be Q2 low point for NII, expects 2H24 NII to grow Apr 16 8:48am ET Bank of America: Loan spreads continue to widen Apr 16 8:48am ET Bank of America: Well positioned against current proposed capital rules Apr 16 8:38am ET Bank of America: Headcount at Q1-end down by more than 4,700 people vs. year ago Apr 16 8:03am ET BAC Earnings: Bank of America Crumbles Despite Q1 Beat Apr 16 7:05am ET Options Volatility and Implied Earnings Moves Today, April 16, 2024 Apr 16 7:02am ET Bank of America Q1 Financial Results Conference Call Apr 16 6:51am ET Bank of America reports Q1 adjusted EPS 83c, consensus 77c Apr 15 8:25pm ET Notable companies reporting before tomorrow’s open Apr 15 12:57pm ET Notable companies reporting before tomorrow’s open Apr 15 12:57pm ET Notable companies reporting before tomorrow’s open Apr 15 7:00am ET Options Volatility and Implied Earnings Moves This Week, April 15 – April 19, 2024 Apr 14 9:15am ET Here’s what Wall St. experts are saying about these banks ahead of earnings Apr 08 9:28am ET Bank of America’s Erica surpasses 2B interactions Apr 08 6:22am ET Bank of America price target raised to $39 from $36 at Jefferies Apr 08 6:03am ET Bank of America (NYSE:BAC): Facing Challenges Amidst Rising Interest Rates Apr 05 12:16am ET Bank of America (BAC) Receives a Buy from Evercore ISI Apr 04 4:37am ET Bank of America downgraded to Neutral from Buy at UBS Apr 03 7:55am ET Bank of America upgraded to Buy from Hold at Erste Group

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