Bank of America (NYSE: BAC)

Bank of America Return vs. S&P

Bank of America Company Info

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.

Valuation

Podcast Episodes

What We Learned From Bank of America's Latest Report

We also take a look at why commercial real estate giant Prologis is getting into the data center business.

Motley Fool Staff  |  Jul 26, 2024

Big Banks and Big Screens

We dig into some bank earnings and the case for Imax.

Motley Fool Staff  |  May 1, 2024

Big Bank Earnings Breakdown: Here's What You Need to Know

We've now heard from the largest U.S. banks; here's what investors need to know.

Matt Frankel  |  Oct 25, 2021

The Big Storylines Ahead of the Big Banks' Earnings

Here's a recap of the big banks' second-quarter results and what we're watching now.

Matt Frankel and Jason Moser  |  Oct 17, 2021