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Bank of America

NYSE:BAC
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BAC
NYSE
$279B
Market Cap
  1. Banks
Company description

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. More info.


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3 Month History
BAC
Industry
5yr Volatility vs Market

Value

 Is Bank of America undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bank of America to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.

How is this discounted cash flow calculated?

  • The current share price of Bank of America is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank of America's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank of America's earnings available for a low price, and how does this compare to other companies in the same industry?
  • Bank of America is good value based on earnings compared to the US Banks industry average.
  • Bank of America is good value based on earnings compared to the US market.
Price based on expected Growth
Does Bank of America's expected growth come at a high price?
  • Bank of America is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bank of America's assets?
  • Bank of America is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess Bank of America's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank of America has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
    Note 2: PEG ratio is based on analysts EPS growth expectations in 1 year (12.2%).

    Full details on the Value part of the Simply Wall St company analysis model.
X
Discounted cash flow (Excess Returns Model)

The calculations below outline how an intrinsic value for Bank of America is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.



Value of Excess Returns

Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)

$-0.71 = (8.49% – 11.27%) * $25.50)

Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)

$-8.05 = $-0.71 / (11.27% - 2.47%)

Value of Equity = Book Value per share + Terminal Value of Excess Returns

$17.45 = $25.50 + $-8.05

Inputs used in model:

Stable EPS = Stable Book Value * Return on Equity
$2.17 = $25.50 * 8.49%
Source: Weighted future Return on Equity estimates from 16 analysts.

Book Value of Equity per Share: $25.50
Source: Weighted future Book Value estimates from 17 analysts.

Expected Growth Rate: 2.47%
Source: Risk Free Rate/ 10 year Government Bond Rate in USD.

Discount to Share Price

Value per share:
$17.45

Current discount (share price of $26.66): -52.76%



Estimate of Discount Rate

The discount rate, or required rate of return, is estimated by calculating the Cost of Equity.

Discount rate = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)

Discount rate = 11.27% = 2.47% + (1.168 * 7.53%)



Estimate of Bottom Up Beta

The Levered Beta is the Unlevered Beta adjusted for financial leverage. It is limited to 0.8 to 2.0 (practical range for a stable firm). Note the market value of equity is used not the book value ($278,810,303,532).

Levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))

1.168 = 0.58 (1 + (1- 30%) (173.21%))

Levered Beta used in calculation = 1.168



Assumptions
  1. The risk free rate of 2.47% is from the 10 year government bond rate in USD.
  2. The bottom-up beta is estimated by analysing other companies in the same industry.
  3. The Equity Risk Premium is calculated by subtracting the risk free rate from the market return premium (7.53%) (source: Buffet).
  4. The dividend discount model is automatically used for companies in the following industries: Banks, Insurance, Real Estate Investment Trusts (REITs), Diversified Financial Services and Capital Markets.

Future Performance

 How is Bank of America expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank of America expected to grow at an attractive rate?
  • Bank of America's earnings growth is expected to exceed the low risk savings rate of 3.6%.
Growth vs Market Checks
  • Bank of America's earnings growth is expected to exceed the US market average.
  • Bank of America's revenue growth is positive but not above the US market average.
Annual Growth Rates Comparison
Analysts growth expectations
Super high growth metrics
High Growth Checks
  • Bank of America's earnings are expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).
  • Bank of America's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bank of America is not expected to perform strongly, Return on Equity (ROE) in 3 years is estimated to be below 20%.

Improvement & Relative to industry
  • Performance (ROE) is expected to be above the current US Banks industry average.
  • An improvement in Bank of America's performance (ROE) is expected over the next 3 years.
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Future performance checks
We assess Bank of America's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the US market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the US market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank of America has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bank of America performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bank of America's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bank of America's year on year earnings growth rate has been positive on average over the past 5 years.
  • Bank of America's 1 year earnings growth is less than its 5 year annual average (26.1% vs 39.4%)
  • Bank of America's earnings growth has exceeded the US Banks industry average in the past year (26.1% vs 12.5%).
Earnings and Revenue History
Bank of America's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Poor return on shareholders funds (ROE < 20%) last year.
  • Bank of America performed worse than the US Banks industry average based on Return on Assets (ROA) last year.
  • Performance based on Return on Capital Employed (ROCE) has improved significantly over 3 years.
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Past performance checks
We assess Bank of America's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank of America has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bank of America's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bank of America's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Acceptable proportion of non-loan assets held.
  • Liabilities are made up of primarily low risk sources of funding.
  • Loans are broadly funded by customer deposits.
  • Bank of America's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • High level of bad loan coverage.
  • Acceptable level of bad loans (less than 2%).
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Financial health checks
We assess Bank of America's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by short term assets? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank of America has a total score of 6/6, see the detailed checks below.


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bank of America's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.8%
Current annual income from Bank of America dividends. Estimated to be 2.11% next year.
If you bought $2,000 of Bank of America shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Paying below low risk savings rate (2.25%).
  • Paying below markets top dividend payers (3.18%).
Upcoming dividend payment

Purchase Bank of America on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Bank of America's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by net profit (5.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by net profit (3.5x coverage).
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Income/ dividend checks
We assess Bank of America's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.5%) - if not then the rest of the checks are ignored.
  2. Current dividend yield, is there one at all, is it higher than the low risk savings rate, and is it above the top 25% of dividend payers? (2 checks)
  3. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  4. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  5. How sustainable is the dividend, can Bank of America afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  6. Bank of America has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bank of America's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brian Moynihan, image provided by Google.
Brian Moynihan
COMPENSATION $15,940,132
AGE 57
TENURE AS CEO 7.8 years
CEO Bio

Mr. Brian T. Moynihan has been the Chief Executive Officer and Director of Bank of America Corporation since January 01, 2010 and has been its Chairman since October 01, 2014. Mr. Moynihan has been the President of Bank of America Corporation since January 01, 2010. He serves as the General Partner of Bofa Merrill Lynch Preferred Capital Trust III, BofA Merrill Lynch Preferred Capital Trust IV, BofA Merrill Lynch Preferred Funding IV LP, BofA Merrill Lynch Preferred Funding III LP, BofA Merrill Preferred Capital Trust V and BofA Merrill Lynch Preferred Funding V LP. He served as the President of Global Banking & Wealth Management of Bank of America Corporation since January 2010. His direct support of diversity and inclusion initiatives across Bank of America is instrumental in creating an inclusive work environment. Mr. Moynihan served as the Chief Executive Officer of Merrill Lynch & Co., Inc. He served as the Director of Operation at Qualsec since September 2008. Mr. Moynihan served as the President at Global Wealth & Investment Management at Banc of America Investment Services, Inc. He served as the President at Fleet National Bank. Mr. Moynihan served as General Counsel at Bank of America Corporation from December 2008 to January 2010 and also as its Head of Consumer Banking from August 2009 to January 2010. He served as the President of Global Wealth and Investment Management at Bank of America Corporation from April 2004 to October 2007. Mr. Moynihan served as the President of Global Banking, Global Wealth & Investment Management at Bank of America Corporation since January 2009 and served as its President of Global Corporate and Investment Banking from October 2007 to October 2, 2008 and President of Private Equity & Global Operations from October 2, 2008 to January 2009. He managed Bank of America Corporation's third-party, nonproprietary and open architecture investment product platforms. Mr. Moynihan joined Bank of America in 2004. He served as an Executive Vice President of Wealth Management and Brokerage at FleetBoston Financial Corporation from 2000 to April 2004. Mr. Moynihan served as the Managing Director of Corporate Strategy and Development at FleetBoston Financial Corp. since 1994 and its Senior Vice President since 1998. He served as Fleet's eCatalyst from 2000 to 2001 and was responsible for driving the development and implementation of Fleet's Internet strategy. His responsibilities included oversight of all mergers & acquisitions, including the merger of Fleet Financial Group and BankBoston Corporation and Fleet's earlier acquisitions of Quick & Reilly, Columbia Management, Shawmut National Corporation, NatWest Bank's US Operations, Sanwa Business Credit and others. Mr. Moynihan joined Fleet Financial Group in April 1993 as the Deputy General Counsel. He serves as the Chairman and a Director of Boy's And Girl's Clubs of Boston Inc. He served as the Chairman of the Crossroads Rhode Island and Providence Haitian Project Inc. He served as the Chairman of the Board and Director at Merrill Lynch & Co., Inc. Mr. Moynihan serves as a Director of Bank of America N.A., United Way of Mass Bay (also known as United Way of Massachusetts Bay Inc.), YouthBuild Boston Inc., and FIA Card Services, N.A. In 2010, Mr. Moynihan was elected as a Trustee of the Corporation of Brown University. He served as a Director of BlackRock Inc. since February 2009. Mr. Moynihan has been chairing Bank of America's Global Diversity and Inclusion Council since 2007 and is an Executive Champion of its Disabilities Affinity Group for Bank of America associates. He holds BA from Brown University in 1981 and JD from University of Notre Dame Law School in 1984. Mr. Moynihan has a B.Ph. and an M.A. from Miami University.

CEO Compensation
  • Brian's compensation has been consistent with company performance over the past year.
  • Brian's compensation appears reasonable.
Management Team Tenure

Average tenure and age of the Bank of America management team in years:

4.2
Average Tenure
56.4
Average Age
  • The tenure for the Bank of America management team is about average.
Management Team

Brian Moynihan

TITLE
Chairman
COMPENSATION
$16M
AGE
57
TENURE
7.8 yrs

Paul Donofrio

TITLE
Chief Financial Officer
COMPENSATION
$11M
AGE
57
TENURE
2.3 yrs

Tom Montag

TITLE
Chief Operating Officer
COMPENSATION
$16M
AGE
60
TENURE
3.2 yrs

Terry Laughlin

TITLE
Vice Chairman and Head of Global Wealth & Investment Management
COMPENSATION
$10M
AGE
62
TENURE
1.8 yrs

Geoffrey Greener

TITLE
Chief Risk Officer
COMPENSATION
$10M
AGE
52
TENURE
3.6 yrs

Walter Muller

TITLE
Chief Investment Officer
TENURE
10.5 yrs

Rudolf Bless

TITLE
Chief Accounting Officer
TENURE
2.7 yrs

Christian Meissner

TITLE
Head of Global Corporate and Investment Banking
TENURE
5.8 yrs

Cathy Bessant

TITLE
Chief Operations and Technology Officer
AGE
57
TENURE
2.3 yrs

Andrea Smith

TITLE
Chief Administrative Officer
AGE
50
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Bank of America board of directors in years:

7.2
Average Tenure
66.1
Average Age
  • The tenure for the Bank of America board of directors is about average.
Board of Directors

Brian Moynihan

TITLE
Chairman
COMPENSATION
$16M
AGE
57
TENURE
3.1 yrs

Tom May

TITLE
Independent Director
COMPENSATION
$320K
AGE
70
TENURE
13.6 yrs

Frank Bramble

TITLE
Independent Director
COMPENSATION
$340K
AGE
69
TENURE
11.8 yrs

Monica Lozano

TITLE
Independent Director
COMPENSATION
$320K
AGE
60
TENURE
11.6 yrs

Sharon Allen

TITLE
Independent Director
COMPENSATION
$345K
AGE
65
TENURE
5.3 yrs

Jack Bovender

TITLE
Lead Independent Director
COMPENSATION
$450K
AGE
72
TENURE
3.1 yrs

Susan Bies

TITLE
Independent Director
COMPENSATION
$438K
AGE
70
TENURE
8.4 yrs

Linda Hudson

TITLE
Independent Director
COMPENSATION
$300K
AGE
67
TENURE
5.3 yrs

R. Yost

TITLE
Independent Director
COMPENSATION
$305K
AGE
69
TENURE
5.3 yrs

Arnold Donald

TITLE
Independent Director
COMPENSATION
$300K
AGE
62
TENURE
4.8 yrs
Recent Insider Trading
  • No 3 month insider trading information.
Who owns this company?
X
Management checks
We assess Bank of America's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap and profit (greater than 0.5% of the company's profit + 0.03% of market cap)? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank of America has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

Company News

Company Info

Map
Description

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans. This segment provides its products and services through approximately 4,600 financial centers, 15,900 ATMs, call centers, and online and mobile platforms. The Global Wealth & Investment Management segment offers investment management, brokerage, banking, and retirement products, as well as wealth management and customized solutions. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, real estate lending, and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

Details
Name: Bank of America Corporation
Ticker: BAC
Exchange: NYSE
Founded: 1874
Market Cap: $278,810,303,532
Shares outstanding: 10,430,613,675
Website: http://www.bankofamerica.com
Address: Bank of America Corporation
Bank of America Corporate Center,
100 North Tryon Street,
Charlotte,
North Carolina, 28255,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BAC Common Stock New York Stock Exchange US USD 02. Jan 1969
DB NCB Common Stock Deutsche Boerse AG DE EUR 02. Jan 1969
XTRA NCB Common Stock XETRA Trading Platform DE EUR 02. Jan 1969
LSE 0Q16 Common Stock London Stock Exchange GB CHF 02. Jan 1969
SWX BAC Common Stock SIX Swiss Exchange CH CHF 02. Jan 1969
SNSE BAC Common Stock Santiago Stock Exchange CL USD 02. Jan 1969
BVC BAC Common Stock Bolsa de Valores de Colombia CO COP 02. Jan 1969
KAS US_BAC_ Common Stock Kazakhstan Stock Exchange KZ KZT 02. Jan 1969
BMV BAC * Common Stock Bolsa Mexicana de Valores MX MXN 02. Jan 1969
BVL BAC Common Stock Bolsa de Valores de Lima PE USD 02. Jan 1969
NYSE BAC.PRW DEPSHS PFD SER W New York Stock Exchange US USD 05. Sep 2014
NYSE BAC.PRY DEP 1/1000 PFD New York Stock Exchange US USD 23. Jan 2015
NYSE BAC.PRC PFD CUM SER C New York Stock Exchange US USD 25. Jan 2016
NYSE BAC.PRA DEP SHS PFD EE New York Stock Exchange US USD 20. Apr 2016
NYSE BML.PRL PFD 1/1200SER5 New York Stock Exchange US USD 26. Mar 2007
NYSE BAC.PRD 1/1000 6.204%D New York Stock Exchange US USD 18. Sep 2006
NYSE BAC.PRE PFD PER1/1000E New York Stock Exchange US USD 31. Oct 2006
NYSE BAC.PRI DEP SH PFD S I New York Stock Exchange US USD 24. Sep 2007
NYSE BAC PRJCL DP1/1000 7.25% J New York Stock Exchange US USD 16. Nov 2007
NYSE BAC.PRL 7.25%CNV PFD L New York Stock Exchange US USD 31. Jan 2008
NYSE BML.PRJ PFD DP1/1200 4 New York Stock Exchange US USD 14. Nov 2005
NYSE BML.PRI PFD 1/1200SER3 New York Stock Exchange US USD 14. Nov 2005
NYSE BML.PRH PFD 1/1200SER2 New York Stock Exchange US USD 08. Mar 2005
NYSE BML.PRG PFD1/1200 SR1 New York Stock Exchange US USD 27. Oct 2004
BST NCB2 PERP -U NT 5.2% Boerse-Stuttgart DE USD 23. May 2013
BOVESPA BOAC34 BDR REPR 1 COM STK Bolsa de Valores de Sao Paulo BR BRL 03. Jan 2012
BASE BA.C CEDEAR EACH REP 1/2 COM USD0.01 Buenos Aires Stock Exchange AR ARS 29. Aug 2007
NYSE BML.PRJ PFD DP1/1200 4 New York Stock Exchange US USD 14. Nov 2005
DB A0TUU2 DEP SH REP 1/25TH FIX/FLTG PRF SER 'M' Deutsche Boerse AG DE USD 25. Apr 2008
Number of employees
Current staff
Staff numbers
210,000
Bank of America employees.
Industry
Industry: Diversified Banks
Sector: Banks