Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,900 lending centers, 2,500 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,300 business centers; approximately 17,000 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 31 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Company profile
Ticker
BAC, BML-PG, BML-PH, BAC-PE, BML-PJ, BAC-PL, BAC-PM, BAC-PN, BAC-PP, BAC-PO, BAC+K
Exchange
Website
CEO
Brian Moynihan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BANKAMERICA CORP/DE/, NATIONSBANK CORP
SEC CIK
Corporate docs
Subsidiaries
BA Continuum India Private Limited • BA Electronic Data Processing (Guangzhou) Ltd. • BAC Canada Finance Company • BAC North America Holding Company • BAL Investment & Advisory Inc. • Banc of America FSC Holdings, Inc. • Banc of America Leasing & Capital, LLC • Banc of America Securities Asia Limited • Bank of America Custodial Services (Ireland) Limited • Bank of America Europe ...
IRS number
560906609
BAC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
424B2
Prospectus for primary offering
9 Jun 23
424B2
Prospectus for primary offering
9 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
FWP
Free writing prospectus
8 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
424B2
Prospectus for primary offering
8 Jun 23
Transcripts
BAC
Earnings call transcript
2023 Q1
18 Apr 23
BAC
Earnings call transcript
2022 Q4
13 Jan 23
BAC
Earnings call transcript
2022 Q3
17 Oct 22
BAC
Earnings call transcript
2022 Q2
18 Jul 22
BAC
Earnings call transcript
2022 Q1
18 Apr 22
BAC
Earnings call transcript
2021 Q4
19 Jan 22
BAC
Earnings call transcript
2021 Q3
14 Oct 21
BAC
Earnings call transcript
2021 Q2
14 Jul 21
BAC
Earnings call transcript
2021 Q1
15 Apr 21
BAC
Earnings call transcript
2020 Q4
19 Jan 21
Latest ownership filings
3
PIONEER MUNICIPAL HIGH INCOME ADVANTAGE FUND, INC.
7 Jun 23
3
PIONEER MUNICIPAL HIGH INCOME FUND, INC.
7 Jun 23
SC 13D
PIONEER MUNICIPAL HIGH INCOME FUND, INC.
7 Jun 23
SC 13D
PIONEER MUNICIPAL HIGH INCOME ADVANTAGE FUND, INC.
7 Jun 23
4
Matthew M Koder
5 Jun 23
4
Crescera Capital Acquisition Corp.
23 May 23
3
Crescera Capital Acquisition Corp.
23 May 23
4
Eric A. Schimpf
17 May 23
4
Lindsay D. Hans
17 May 23
4
Rudolf A. Bless
17 May 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 376.22 bn | 376.22 bn | 376.22 bn | 376.22 bn | 376.22 bn | 376.22 bn |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 3.77 bn | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 8.84 bn | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 367.37 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 97.5 | n/a |
Institutional ownership, Q1 2023
67.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2559 |
Opened positions | 187 |
Closed positions | 257 |
Increased positions | 1161 |
Reduced positions | 957 |
13F shares | Current |
---|---|
Total value | 153.92 tn |
Total shares | 5.36 bn |
Total puts | 133.17 mm |
Total calls | 113.64 mm |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BRK.A Berkshire Hathaway | 1.03 bn | $29.54 tn |
Vanguard | 614.79 mm | $17.58 tn |
BLK Blackrock | 464.85 mm | $13.29 tn |
STT State Street | 283.07 mm | $8.10 tn |
FMR | 235.67 mm | $6.74 tn |
JPM JPMorgan Chase & Co. | 138.39 mm | $3.96 tn |
Geode Capital Management | 125.47 mm | $3.58 tn |
T. Rowe Price | 120.21 mm | $3.44 tn |
MS Morgan Stanley | 103.26 mm | $2.95 tn |
Capital World Investors | 71.26 mm | $2.04 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 23 | Matthew M Koder | Common Stock | Payment of exercise | Dispose F | No | No | 27.78 | 6,831 | 189.77 k | 362,972 |
1 Jun 23 | Matthew M Koder | Common Stock | Option exercise | Acquire M | No | No | 0 | 50,000 | 0.00 | 369,803 |
1 Jun 23 | Matthew M Koder | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 50,000 | 0.00 | 50,000 |
22 May 23 | Bank Of America | Redeemable Warrants Class A Ordinary Shares | Other | Dispose J | Yes | No | 0.04 | 50,400 | 2.02 k | 0 |
News
Capitol Hill to Wall Street: An In-Depth Look into Zoe Lofgren's Stock Trading Activity
9 Jun 23
What's Going On With Bank Of America Stock Tuesday
6 Jun 23
Check Out What Whales Are Doing With BAC
6 Jun 23
10 Financials Stocks Whale Activity In Today's Session
5 Jun 23
Megabanks Beware: Regulatory Big Brother Wants a Tighter Leash Amid Recent Bank Failures
5 Jun 23
Press releases
Bank of America Announces 2024 Financial Reporting Dates
8 Jun 23
Bank of America Institute Finds Pandemic Migration Trends Continue with Faster Population Inflow into Sun Belt Cities like Austin and Tampa
5 Jun 23
BofA Report Finds 64% of Women Want Menopause-Specific Benefits, Yet Only 14% Believe Their Employer Recognizes the Need for Them
1 Jun 23
DirectBooks Welcomes BMO Capital Markets, Blaylock Van, and American Veterans Group
23 May 23
Bank of America Announces Redemption of Floating Rate Senior Notes Due May 2024
18 May 23