The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California.
Company profile
Ticker
BAC, 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, LLC • Banc of America FSC Holdings, Inc. • Banc of America Leasing & Capital, LLC • Banc of America Securities Asia Limited • Bank of America Europe • Bank of America Merrill Lynch Banco Múltiplo S.A. ...
IRS number
560906609
BAC stock data
Latest filings (excl ownership)
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
424B2
Prospectus for primary offering
26 Apr 24
8-K
Departure of Directors or Certain Officers
26 Apr 24
Transcripts
BAC
Earnings call transcript
2024 Q1
16 Apr 24
BAC
Earnings call transcript
2023 Q4
12 Jan 24
BAC
Earnings call transcript
2023 Q3
17 Oct 23
BAC
Earnings call transcript
2023 Q2
18 Jul 23
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
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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) | 351.73 bn | 351.73 bn | 351.73 bn | 351.73 bn | 351.73 bn | 351.73 bn |
Cash burn (monthly) | 7.28 bn | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 50.28 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 301.44 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 41.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
43.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2367 |
Opened positions | 317 |
Closed positions | 496 |
Increased positions | 769 |
Reduced positions | 1068 |
13F shares | Current |
---|---|
Total value | 102.11 tn |
Total shares | 3.43 bn |
Total puts | 54.42 mm |
Total calls | 39.74 mm |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 608.34 mm | $20.48 tn |
STT State Street | 290.74 mm | $9.79 tn |
FMR | 187.47 mm | $6.31 tn |
JPM JPMorgan Chase & Co. | 149.05 mm | $5.02 tn |
Whalerock Point Partners | 147.42 mm | $4.96 bn |
MS Morgan Stanley | 110.89 mm | $3.73 tn |
T. Rowe Price | 104.03 mm | $3.50 bn |
Dodge & Cox | 66.34 mm | $2.23 tn |
NTRS Northern Trust | 64.22 mm | $2.16 tn |
LGEN Legal & General | 57.18 mm | $1.93 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Apr 24 | Allen Sharon L. | Phantom Stock Common Stock | Grant | Acquire A | No | No | 0 | 7,045.93 | 0.00 | 31,045.39 |
24 Apr 24 | Almeida Jose E | Common Stock | Grant | Acquire A | No | No | 0 | 7,045 | 0.00 | 20,935 |
24 Apr 24 | Weck Pierre J.P. de | Common Stock | Payment of exercise | Dispose F | No | No | 38.32 | 1,405 | 53.84 k | 95,169 |
24 Apr 24 | Weck Pierre J.P. de | Common Stock | Grant | Acquire A | No | No | 0 | 7,045 | 0.00 | 96,574 |
24 Apr 24 | Donald Arnold W | Common Stock | Grant | Acquire A | No | No | 0 | 7,045 | 0.00 | 118,533 |
24 Apr 24 | Hudson Linda P | Phantom Stock Common Stock | Grant | Acquire A | No | No | 0 | 7,045.93 | 0.00 | 116,257.26 |
News
Spotlight on Bank of America: Analyzing the Surge in Options Activity
24 Apr 24
10 Financials Stocks Whale Activity In Today's Session
22 Apr 24
(BAC) - Analyzing Bank of America's Short Interest
22 Apr 24
Wolfe Research Upgrades Bank of America to Outperform, Announces $42 Price Target
19 Apr 24
BMO Capital Maintains Market Perform on Bank of America, Raises Price Target to $37
18 Apr 24
Press releases
Bank of America Declares Second-Quarter 2024 Stock Dividends
25 Apr 24
BlackRock Activates Retirement Solution Offering A Paycheck For Life
24 Apr 24
Grants to Preserve Historic Art Awarded in 11 Countries by BofA
17 Apr 24
Bank of America Announces Redemptions of Floating Rate Senior Notes Due April 2025 and 3.841% Fixed/Floating Rate Senior Notes Due April 2025
17 Apr 24
Bank of America Reports First-Quarter 2024 Financial Results
16 Apr 24