Business description: Bank of America Corporation

Bank of America Corporation is a banking group organized around 5 areas of activity:

- commercial banking (58.4% of Net Interest Income);

- business and investment banking (23.3%);

- wealth management and asset management (12.3%);

- market banking (5.9%);

- other (0.1%).

At the end of 2024, the group managed USD 1,965.5 billion in current deposits and USD 1,095.8 billion in current credits.

Number of employees: 2,13,207

Sales by Activity: Bank of America Corporation

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Consumer Banking - Deposits

1.71TCr 1.78TCr 2.18TCr 2.49TCr 2.37TCr

Global Banking

1.41TCr 2.41TCr 2.16TCr 2.54TCr 2.31TCr

Consumer Banking - Consumer Lending

1.04TCr 1.72TCr 1.48TCr 1.19TCr 1.27TCr

Global Wealth & Investment Management (GWIM)

1.82TCr 2.1TCr 2.17TCr 2.11TCr 2.29TCr

All Other

-362.2Cr -516.1Cr -519Cr -825.8Cr -760.8Cr

Global Markets

1.85TCr 1.92TCr 1.81TCr 1.97TCr 2.18TCr

Unallocated Fully Taxable-Equivalent Adjustment

-50Cr -43Cr -44Cr -57Cr -62Cr

Geographical breakdown of sales: Bank of America Corporation

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

7.56TCr 7.8TCr 8.29TCr 8.56TCr 8.85TCr

Europe, Middle East and Africa (EMEA)

449.1Cr 542.3Cr 604.4Cr 639.3Cr 649.9Cr

Asia

423.2Cr 443.9Cr 459.7Cr 495.2Cr 518.4Cr

Latin America and the Caribbean

122.9Cr 123.9Cr 141.9Cr 166.5Cr 173.9Cr

Executive Committee: Bank of America Corporation

Manager TitleAgeSince
Chief Executive Officer 66 01/01/2010
Director of Finance/CFO 58 01/11/2021
President 57 12/09/2025
President 60 12/09/2025
Chief Tech/Sci/R&D Officer - 28/07/2025

Composition of the Board of Directors: Bank of America Corporation

Director TitleAgeSince
Chairman 66 01/10/2014
Director/Board Member 69 01/04/2006
Director/Board Member 74 23/08/2012
Director/Board Member 75 23/08/2012
Director/Board Member 71 23/01/2013
Director/Board Member 71 23/01/2013
Director/Board Member 75 24/07/2013
Director/Board Member 73 27/04/2016
Director/Board Member 74 23/06/2016
Director/Board Member 67 14/12/2017

Shareholders: Bank of America Corporation

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.916 %
65,10,76,825 8.916 % 34 637 M $
The Vanguard Group, Inc.
8.916 %
65,10,58,822 8.916 % 34 636 M $
7.779 %
56,80,70,012 7.779 % 30 221 M $
4.126 %
30,13,12,466 4.126 % 16 030 M $
Geode Capital Management LLC
2.115 %
15,44,83,485 2.115 % 8 219 M $
NameEquities%Valuation
PNC Wealth Management LLC
27.16 %
92,48,056 27.16 % 231 M $
ORG Partners LLC
0.0742 %
25,256 0.0742 % 631 653 $
Old Point Trust & Financial Services, NA
0.0117 %
4,000 0.0117 % 100 040 $
Estabrook Capital Management LLC
0.005874 %
2,000 0.005874 % 50 020 $
NBC Securities, Inc.
0.000103 %
35 0.000103 % 875 $
NameEquities%Valuation
Atlas Wealth LLC
4.959 %
5,93,130 4.959 % 12 M $
DeRoy & Devereaux Private Investment Counsel, Inc.
0.8062 %
96,418 0.8062 % 2 M $
Tower Bridge Advisors, Inc.
0.8017 %
95,884 0.8017 % 2 M $
NameEquities%Valuation
100 %
50,000 100 % 3 M $
NameEquities%Valuation
Berkshire Hathaway, Inc. (Investment Management)
0.708 %
354 0.708 % 18 833 $
NameEquities%Valuation
Kingfisher Capital LLC
0.0707 %
36,682 0.0707 % 648 171 $
Russell Investments Canada Ltd.
0.003011 %
1,562 0.003011 % 27 601 $
NBC Securities, Inc.
0.00012 %
62 0.00012 % 1 096 $
NameEquities%Valuation
Metropolitan West Asset Management LLC
-
43,95,000 - 4 M $
Flaherty & Crumrine, Inc.
-
34,00,000 - 3 M $
Banor SIM SpA
-
14,79,000 - 1 M $
Goldman Sachs Asset Management International
-
10,95,000 - 1 M $
TCW Investment Management Co. LLC
-
8,08,000 - 800 001 $
NameEquities%Valuation
Caixa DTVM SA
0.001087 %
3,17,594 0.001087 % 4 M $
Itaú Unibanco Asset Management Ltda.
0.0007 %
2,04,444 0.0007 % 3 M $
Safra Asset CTVM SA (Investment Management)
0.000183 %
53,600 0.000183 % 717 356 $
Empiricus Gestao De Recursos Ltda.
0.000075 %
21,764 0.000075 % 291 278 $
NameEquities%Valuation
Mengis Capital Management, Inc.
0.4878 %
41,034 0.4878 % 860 893 $
Ethos Financial Group LLC
0.4841 %
40,724 0.4841 % 854 390 $
Estabrook Capital Management LLC
0.004755 %
400 0.004755 % 8 392 $
NameEquities%Valuation
Estabrook Capital Management LLC
0.002731 %
750 0.002731 % 14 888 $
NBC Securities, Inc.
0.000117 %
32 0.000117 % 635 $
NameEquities%Valuation
Thompson Investment Management, Inc.
0.007671 %
2,800 0.007671 % 48 384 $
Russell Investments Canada Ltd.
0.002444 %
892 0.002444 % 15 414 $
NBC Securities, Inc.
0.000137 %
50 0.000137 % 864 $
NameEquities%Valuation
Atlas Wealth LLC
1.115 %
1,78,414 1.115 % 4 M $
NameEquities%Valuation
Atlas Wealth LLC
4.335 %
1,65,712 4.335 % 3 M $
Tower Bridge Advisors, Inc.
0.6959 %
26,600 0.6959 % 521 094 $
WesBanco Bank, Inc. (Investment Management)
0.2937 %
11,225 0.2937 % 219 898 $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
-
72,50,000 - 7 M $
Franklin Bissett Investment Management
-
22,50,000 - 2 M $
NameEquities%Valuation
BlackRock Fund Advisors
13,053.39 %
40,20,68,062 13,053.39 % 501 B $
Fidelity Management & Research Co. LLC
6,796.01 %
20,93,29,381 6,796.01 % 261 B $
JPMorgan Investment Management, Inc.
5,263.12 %
16,21,13,550 5,263.12 % 202 B $
Boston Management & Research
3,332.1 %
10,26,34,858 3,332.1 % 128 B $
Wellington Trust Co., NA
2,486.56 %
7,65,90,717 2,486.56 % 95 432 M $
NameEquities%Valuation
PIMCO Europe Ltd.
-
2,59,10,000 - 26 M $
Santander Private Banking Gestion SA SGIIC
-
4,87,855 - 489 562 $
KSM Mutual Funds Ltd.
-
2,50,000 - 250 875 $
Research Affiliates LLC
-
2,23,000 - 223 781 $
NameEquities%Valuation
Sterling Capital Management LLC
5.502 %
29,70,854 5.502 % 75 M $
Cascades Capital Asset Management LLC
0.1137 %
61,374 0.1137 % 2 M $
CTBC Investments Co., Ltd.
0.0462 %
24,950 0.0462 % 627 992 $
Roanoke Asset Management Corp.
0.0306 %
16,500 0.0306 % 415 305 $
NBC Securities, Inc.
0.00867 %
4,682 0.00867 % 117 846 $
NameEquities%Valuation
Manulife Investment Management (Taiwan) Co. Ltd.
0.0298 %
15,508 0.0298 % 330 165 $
Amundi Asset Management US, Inc.
0.001566 %
815 0.001566 % 17 351 $
Boyd Watterson Asset Management LLC
0.00024 %
125 0.00024 % 2 661 $
NBC Securities, Inc.
0.000073 %
38 0.000073 % 809 $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
0.351 %
87,74,000 0.351 % 893 M $
LFG+ZEST SA
0.016 %
4,00,000 0.016 % 41 M $
Macquarie Asset Management, Inc.
0.001136 %
28,400 0.001136 % 3 M $
BlackRock International Ltd.
0.000012 %
300 0.000012 % 30 517 $
NameEquities%Valuation
PineBridge Investments Management Taiwan Ltd.
9.638 %
40,47,892 9.638 % 104 M $
Franklin Templeton SinoAm Securities Investment Mgmt, Inc
0.4765 %
2,00,111 0.4765 % 5 M $
NBC Securities, Inc.
0.0228 %
9,588 0.0228 % 247 466 $
Neville, Rodie & Shaw, Inc.
0.019 %
8,000 0.019 % 206 480 $
Capital Investment Trust Corp.
0.0172 %
7,233 0.0172 % 186 684 $
NameEquities%Valuation
ORG Partners LLC
0.1047 %
57,857 0.1047 % 1 M $
Capital Investment Trust Corp.
0.0161 %
8,896 0.0161 % 202 206 $
Estabrook Capital Management LLC
0.007237 %
4,000 0.007237 % 90 920 $
NBC Securities, Inc.
0.006756 %
3,734 0.006756 % 84 874 $
Thompson Investment Management, Inc.
0.002262 %
1,250 0.002262 % 28 413 $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
-
7,00,000 - 1 M $
NameEquities%Valuation
CCM Investment Advisers LLC
0.0233 %
10,000 0.0233 % 182 500 $
Thompson Investment Management, Inc.
0.006978 %
3,000 0.006978 % 54 750 $
Russell Investments Canada Ltd.
0.003922 %
1,686 0.003922 % 30 770 $
NBC Securities, Inc.
0.000119 %
51 0.000119 % 931 $
NameEquities%Valuation
ORG Partners LLC
0.069 %
8,500 0.069 % 171 445 $
Andbank Wealth Management SGIIC SAU
0.000503 %
62 0.000503 % 1 251 $

Holdings: Bank of America Corporation

NameEquities%Valuation
10,02,653 1.92% 82 M $
788 0% 8 416 $
170 0.01% 1 981 $
2 0% 2 $

Company details: Bank of America Corporation

Bank of America Corp.

Bank of America Corporate Center

28255, Charlotte

+(704) 386-5681

http://www.bankofamerica.com
address Bank of America Corporation(BAC)

Group companies: Bank of America Corporation

NameCategory and Sector
Investment Banks/Brokers
Brisas del Este Phase Two LLC
Reserve at Douglasville LLC
Hollywood Arts Collective LP
Glenarden Hills Phase 3 Nine LLC

Other Banks

Change 5d. change 1-year change 3-years change Capi.($)
-2.47%-4.40%+13.66%+47.61% 38TCr
-2.63%-2.42%+9.87%+114.58% 82TCr
-1.08%-0.92%+14.21%+59.55% 35TCr
-2.97%-0.86%+43.65%+107.44% 30TCr
-1.24%+0.13%+22.21%+61.21% 28TCr
-2.99%-6.22%+8.88%+81.62% 27TCr
-1.80%-0.28%+36.28%+66.11% 24TCr
-1.69%-0.21%+10.19%+58.16% 24TCr
-2.66%+1.74%+54.63%+210.77% 23TCr
-1.42%+10.88%+5.69%+61.21% 21TCr
Average -1.59%+1.08%+21.93%+86.83% 32.98TCr
Weighted average by Cap. -1.31%+0.11%+19.51%+88.99%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
26
Last Close Price
52.52USD
Average target price
62.23USD
Spread / Average Target
+18.49%

Quarterly revenue - Rate of surprise

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