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Bank of America (BAC)

Company Profile

Company profile

Ticker

BAC, BAC-PE, BAC-PK, BML-PL, BAC-PM, BAC-PN, BAC-PQ, BAC-PS, BAC-PP, BML-PH, BAC-PB, BAC-PL, BAC-PO, BML-PG, BML-PJ

Exchange

Website

www.bankofamerica.com

CEO

Mr. Brian Thomas Moynihan

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Citigroup • Wells Fargo & Company • U.S. Bancorp • The PNC Financial Services Group, Inc. • Capital One Financial • Shinhan Financial • HSBC USA • Truist Financial • Santander Holdings USA ...

Former names

BANKAMERICA CORP/DE/, NATIONSBANK CORP

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

BA Continuum India Private Limited • BA Electronic Data Processing (Guangzhou) Ltd. • BAC Canada Finance Company • BAC North America Holding Company • BAL Investment & Advisory, LLC • Banc of America FSC Holdings, Inc. • Banc of America Leasing & Capital, LLC • Banc of America Public Capital Corp • Bank of America Europe • Bank of America Merrill Lynch Banco Múltiplo S.A. ...

IRS number

560906609

BAC stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$48.30

Low target

$43.50

High target

$50.00

Truist Securities

Evercore ISI Group

Latest filings (excl ownership)

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Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Prospectus for primary offering

Transcripts

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Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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Quarterly holdings report by institutional manager

Ventyx Biosciences, Inc.

NGL Energy Partners LP

Informatica Inc.

DigitalBridge Group, Inc.

Sharps Technology Inc.

Notice of proposed sale of securities

Nuveen Municipal Credit Opportunities Fund

Financial summary

Financial statements Chart BAC financial data

Quarter (USD)	Mar 25	Dec 24	Sep 24	Jun 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23	Dec 22	Dec 21
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)	273.58 bn	273.58 bn	273.58 bn	273.58 bn	273.58 bn	273.58 bn
Cash burn (monthly)	5.51 bn	3.32 bn	(no burn)	(no burn)	728.00 mm	(no burn)
Cash used (since last report)	8.30 bn	5.00 bn	n/a	n/a	1.10 bn	n/a
Cash remaining	265.27 bn	268.58 bn	n/a	n/a	272.48 bn	n/a
Runway (months of cash)	48.1	80.9	n/a	n/a	374.3	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

BAC institutional ownership history Ownership history

74.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3207	2949	+8.7%
Opened positions	426	192	+121.9%
Closed positions	168	166	+1.2%
Increased positions	1176	1125	+4.5%
Reduced positions	1276	1273	+0.2%

13F shares	Current	Prev Q	Change
Total value	232.92 tn	202.68 tn	+14.9%
Total shares	5.60 bn	5.40 bn	+3.7%
Total puts	122.01 mm	99.78 mm	+22.3%
Total calls	82.53 mm	84.72 mm	-2.6%
Total put/call ratio	1.5	1.2	+25.5%

Largest owners	Shares	Value	Change
BRK-B Berkshire Hathaway	680.23 mm	$29.90 tn	-14.7%
Vanguard	657.83 mm	$28.91 tn	-0.3%
BLK BlackRock	522.69 mm	$22.97 tn	+3.7%
STT State Street	294.82 mm	$12.96 tn	+2.1%
FMR	193.35 mm	$8.50 tn	+1.5%
JPM JPMorgan Chase & Co.	169.88 mm	$7.47 tn	+13.7%
Geode Capital Management	142.29 mm	$6.24 tn	+1.4%
MS Morgan Stanley	125.21 mm	$5.50 tn	+5.2%
T. Rowe Price	122.44 mm	$5.38 bn	+10.6%
Norges Bank	118.93 mm	$5.23 tn	NEW

Largest transactions	Shares	Bought/sold	Change
Norges Bank	118.93 mm	+118.93 mm	NEW
BRK-B Berkshire Hathaway	680.23 mm	-117.45 mm	-14.7%
Dodge & Cox	31.06 mm	-22.15 mm	-41.6%
JPM JPMorgan Chase & Co.	169.88 mm	+20.48 mm	+13.7%
Arrowstreet Capital, Limited Partnership	9.92 mm	-19.65 mm	-66.5%
BLK BlackRock	522.69 mm	+18.85 mm	+3.7%
Wellington Management	65.90 mm	+18.71 mm	+39.6%
Capital World Investors	88.21 mm	+17.03 mm	+23.9%
Citadel Advisors	18.69 mm	+14.41 mm	+337.1%
RJF Raymond James Financial	11.87 mm	+11.87 mm	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BAC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Apr 25	Allen Sharon L.	Phantom Stock Common Stock	Grant	Acquire A	No	No	0	7,306.89	0.00	39,129.4
22 Apr 25	Almeida Jose E	Common Stock	Grant	Acquire A	No	No	0	7,306	0.00	28,241
22 Apr 25	Weck Pierre J.P. de	Common Stock	Payment of exercise	Dispose F	No	No	38.32	1,057	40.50 k	101,418
22 Apr 25	Weck Pierre J.P. de	Common Stock	Grant	Acquire A	No	No	0	7,306	0.00	102,475

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Warren Buffett Ditches Bitcoin-Linked Nu Holdings, Adds To Constellation Brands, Domino's Pizza, Pool Corp Stakes

As legendary investor Warren Buffett prepares to step down as CEO of Berkshire Hathaway Inc.

Bank of America Options Trading: A Deep Dive into Market Sentiment

7 Financials Stocks Whale Activity In Today's Session

Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of 'Compound Interest'

Peter Schiff Says Trade Truce Aside, The World Is 'Losing Confidence' In Dollar And In US Ability To Put 'Fiscal House In Order'

Press releases

From Benzinga Pro

BofA Names Paul Keifer President of Grand Rapids

Corporate Social Responsibility Operations and Strategic Partnerships executive will also oversee the bank's efforts to grow market share GRAND RAPIDS, Mich., May 15, 2025 /PRNewswire/ -- Bank of America has named

More Than 50,000 Young Golfers Join BofA's 'Golf with Us' - Next 25,000 Spots Now Open

In response to extraordinary demand, bank commits to expanding program to reach even more kids nationwide CHARLOTTE, N.C. and MONTEREY, Calif., May 14, 2025 /PRNewswire/ -- Bank of America has surpassed its goal of

BofA to Open 150 Financial Centers by 2027, Investing Over $5 Billion in its Network Since 2016

New flagship financial center at 2 Bryant Park in New York City Continuing its expansion, company to open centers in Boise, Idaho and 60 other markets CHARLOTTE, N.C., May 13, 2025 /PRNewswire/ -- Bank of America will

Bank of America Announces 2026 Financial Reporting Dates

2025 Specialty Asset Management Outlook Released by Bank of America

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