BAC Bank of America Corp.
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, 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 Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their 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 is headquartered in Charlotte, NC.
Company profile
Ticker
BAC
Exchange
Website
CEO
Brian T. Moynihan
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Bankamerica Corp, Nationsbank Corp
SEC CIK
Corporate docs
IRS number
560906609
Investment data
| Top 50 of 6009 long holdings End of quarter 31 Dec 19 |
Value |
#Shares |
|---|---|---|
| $12.59B | 79.82M | |
| $12.48B | 42.5M | |
| $9.89B | 151.75M | |
|
SPDR S&P 500 Etf TR
|
$9.72B | 30.2M |
| $8.66B | 72.24M | |
| $7.84B | 56.26M | |
| $7.72B | 143.69M | |
| $7.44B | 5.55M | |
| $7.42B | 40.73M | |
| $6.86B | 3.71M | |
| $6.57B | 37.36M | |
| $6.36B | 46.57M | |
| $6.11B | 56.5M | |
| $5.69B | 19.23M | |
|
Vanguard Tax Managed Intl FD
|
$5.23B | 118.67M |
| $5.1B | 106.43M | |
| $5.06B | 15.64M | |
| $5B | 34.31M | |
| $4.89B | 19.98M | |
| $4.54B | 27.41M | |
| $4.36B | 53.8M | |
| $4.36B | 23.18M | |
| $4.29B | 46.93M | |
| $4.12B | 63.35M | |
| $3.94B | 30.79M | |
| $3.93B | 18.01M | |
| $3.91B | 27.01M | |
| $3.9B | 22.01M | |
| $3.88B | 98.9M | |
| $3.85B | 42.35M | |
| $3.75B | 29.91M | |
| $3.73B | 60.75M | |
| $3.54B | 34.76M | |
| $3.54B | 25.9M | |
| $3.49B | 27.94M | |
| $3.49B | 16.99M | |
| $3.48B | 89.12M | |
| $3.45B | 43.24M | |
| $3.43B | 132.09M | |
| $3.23B | 8.28M | |
| $3.2B | 45.85M | |
| $3.14B | 35.95M | |
| $3.05B | 23.76M | |
| $3.02B | 50.67M | |
|
Vanguard Intl Equity Index F
|
$3B | 67.53M |
| $2.93B | 54.54M | |
| $2.91B | 24.13M | |
| $2.91B | 14.13M | |
| $2.9B | 48.5M | |
| $2.86B | 51.64M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
19 Feb 20
9 Apr 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Dec 19 | Sep 19 | Jun 19 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | 22.35B | 22.81B | 23.08B | 23B | |
| Net income | 6.99B | 5.78B | 7.35B | 7.31B | |
| Diluted EPS | 0.74 | 0.56 | 0.74 | 0.71 | |
| Net profit margin | 31.29% | 25.33% | 31.83% | 31.78% | |
| Net change in cash | 4.47B | -14.3B | |||
| Cash on hand | 161.56B | 157.09B | 171.39B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 91.24B | 91.02B | 87.13B | 83.7B | |
| Net income | 27.43B | 28.15B | 18.23B | 17.82B | |
| Diluted EPS | 2.75 | 2.61 | 1.56 | 1.49 | |
| Net profit margin | 30.06% | 30.92% | 20.93% | 21.29% | |
| Net change in cash | -15.84B | 19.97B | 9.7B | -11.62B | |
| Cash on hand | 161.56B | 177.4B | 157.43B | 147.74B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|
| 15 Mar 20 | Brian T Moynihan | Common Stock | Sale back to company | Dispose D | 24.16 | 18,131 | 438.04K | 1,789,119 |
| 15 Mar 20 | Brian T Moynihan | RSU Common Stock | Option exercise | Dispose M | 0 | 18,131 | 0 | 199,450 |
| 15 Mar 20 | Brian T Moynihan | Common Stock | Option exercise | Aquire M | 0 | 18,131 | 0 | 1,807,250 |
| 13 Mar 20 | Bank of America | Close End Fund | Buy | Aquire P | 15.21 | 1 | 15.21 | 0 |
| 1 Mar 20 | Andrea B Smith | Common Stock | Sale back to company | Dispose D | 28.5 | 1,814 | 51.7K | 291,913 |
| 1 Mar 20 | Andrea B Smith | Common Stock | Option exercise | Aquire M | 0 | 1,814 | 0 | 293,727 |
| 1 Mar 20 | Andrea B Smith | Common Stock | Payment of exercise | Dispose F | 28.5 | 37,918 | 1.08M | 291,913 |
| 1 Mar 20 | Andrea B Smith | Common Stock | Option exercise | Aquire M | 0 | 84,371 | 0 | 329,831 |
| 1 Mar 20 | Andrea B Smith | RSU Common Stock | Option exercise | Dispose M | 0 | 1,814 | 0 | 0 |
| 1 Mar 20 | Andrea B Smith | RSU Common Stock | Option exercise | Dispose M | 0 | 84,371 | 0 | 0 |
Institutional ownership Q4 2019
0.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 43 |
| Opened positions | 10 |
| Closed positions | 2 |
| Increased positions | 17 |
| Reduced positions | 8 |
13F shares |
Current |
|---|---|
| Total value | 62.14M |
| Total shares | 3.05M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Raymond James & Associates | 496.38K | $10.03M |
| WFC Wells Fargo & Co. | 422.54K | $8.54M |
| MS^L Morgan Stanley | 303.17K | $6.12M |
| Matisse Capital | 262.58K | $5.3M |
| RY Royal Bank of Canada | 259.82K | $5.25M |
| Cornerstone Advisors | 233.13K | $4.71M |
| Thomas J. Herzfeld Advisors | 204.73K | $4.14M |
| Geode Capital Management | 92.92K | $1.88M |
| CSS | 79.8K | $1.61M |
| Proficio Capital Partners | 70.86K | $1.43M |
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Bad
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New words:
abuse, abusive, ANC, ARR, Autorit, bifurcated, blockchain, BofASE, bolster, CAE, callable, campaign, CCPA, characteristic, climate, comment, conceptual, controversy, convened, deceptive, Denise, disappear, discriminatory, electoral, ensuing, evenly, fallback, fewer, French, gave, IBOR, idiosyncratic, inclusion, intellectual, inverted, JJ, KK, label, LL, mismanaged, MM, output, partnership, pervasive, PP, presidential, procedural, Prudentiel, rationale, recapitalization, recapitalize, renew, renewal, repeatedly, rest, revalidation, SA, safeguarding, sample, sea, SOFR, theft, unfair, unguaranteed, uninterrupted, unrepresentative, unsettled, vertical, warehouse
Removed:
accretable, accrete, adhered, advisor, ago, amending, automatically, breaching, CEA, CGA, CHL, cohesion, commencing, comparative, conforming, conspiracy, conspired, conveyed, counteract, declaratory, deconsolidation, demonstration, developmental, enacted, escalating, Evidencing, existence, exiting, favor, favorable, fix, fluctuation, food, forgiven, guarantor, Hearst, highlight, insider, intention, interconnected, manipulate, Mellon, misleading, nonaccretable, OAS, opposed, Parliament, passage, phase, productivity, proportional, reaching, read, reality, receivership, recently, reimburse, reimbursed, rescinded, rescissory, retrospective, settling, shape, slower, sponsor, sponsorship, student, tightening, Tower, unprecedented, unreasonable, unspecified, upset, variation, weaker
Financial reports
10-K
2019 FY
Annual report
19 Feb 20
10-Q
2019 Q3
Quarterly report
28 Oct 19
10-Q
2019 Q2
Quarterly report
29 Jul 19
10-Q
2019 Q1
Quarterly report
26 Apr 19
10-K
2018 FY
Annual report
26 Feb 19
10-Q
2018 Q3
Quarterly report
29 Oct 18
10-Q
2018 Q2
Quarterly report
30 Jul 18
10-Q
2018 Q1
Quarterly report
30 Apr 18
10-K
2017 FY
Annual report
22 Feb 18
10-Q
2017 Q3
Quarterly report
30 Oct 17
Current reports
8-K
Other Events
7 Feb 20
8-K
Material Modifications to Rights of Security Holders
24 Jan 20
8-K
Results of Operations and Financial Condition
15 Jan 20
8-K
Amendments to Articles of Incorporation or Bylaws
30 Dec 19
8-K
Results of Operations and Financial Condition
16 Oct 19
8-K
Material Modifications to Rights of Security Holders
17 Sep 19
8-K
Amendments to Articles of Incorporation or Bylaws
16 Sep 19
8-K
Other Events
4 Sep 19
8-K
Bank of America Names Denise Ramos to Board of Directors
25 Jul 19
8-K
Results of Operations and Financial Condition
17 Jul 19
Registration and prospectus
424B2
Prospectus for primary offering
6 Apr 20
424B2
Prospectus for primary offering
30 Mar 20
424B2
Prospectus for primary offering
30 Mar 20
424B2
Prospectus for primary offering
27 Mar 20
424B2
Prospectus for primary offering
27 Mar 20
424B2
Prospectus for primary offering
27 Mar 20
424B2
Prospectus for primary offering
27 Mar 20
424B5
Prospectus supplement for primary offering
27 Mar 20
FWP
Free writing prospectus
26 Mar 20
FWP
Free writing prospectus
26 Mar 20
Proxies
DEFA14A
Additional proxy soliciting materials
8 Apr 20
DEFA14A
Additional proxy soliciting materials
9 Mar 20
DEFA14A
Additional proxy soliciting materials
9 Mar 20
DEFA14A
Additional proxy soliciting materials
9 Mar 20
DEFA14A
Additional proxy soliciting materials
9 Mar 20
DEFA14A
Additional proxy soliciting materials
9 Mar 20
DEF 14A
Definitive proxy
9 Mar 20
DEFA14A
Additional proxy soliciting materials
22 Mar 19
DEFA14A
Additional proxy soliciting materials
13 Mar 19
DEFA14A
Additional proxy soliciting materials
13 Mar 19
Other
EFFECT
Notice of effectiveness
2 Jan 20
EFFECT
Notice of effectiveness
2 Jul 18
EFFECT
Notice of effectiveness
24 Apr 18
CORRESP
Correspondence with SEC
20 Apr 18
UPLOAD
Letter from SEC
11 Apr 18
NO ACT
No action letter
1 Mar 17
NO ACT
No action letter
1 Mar 17
NO ACT
No action letter
24 Jan 17
CORRESP
Correspondence with SEC
2 Nov 16
UPLOAD
Letter from SEC
30 Aug 16
Ownership
SC 13D/A
BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK MUNIYIELD INVESTMENT QUALITY FUND / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BlackRock Long-Term Municipal Advantage Trust / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK MUNICIPAL INCOME INVESTMENT TRUST / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK NEW YORK MUNICIPAL INCOME TRUST II / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK MUNIYIELD QUALITY FUND / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK MUNIYIELD FUND / BANK OF AMERICA ownership change
7 Apr 20
SC 13D/A
BLACKROCK MUNI NEW YORK INTERMEDIATE DURATION FUND / BANK OF AMERICA ownership change
7 Apr 20
Patents
APP
Utility
Interconnected Graph Structured Database for Identifying and Remediating Conflicts In Resource Deployment
24 Oct 19
The invention provides an interconnected graph database system, method and computer program product structured for identifying and remediating conflicts in resource deployment.
APP
Utility
Wearable Device for Operational Compliance
24 Oct 19
Embodiments of the invention are directed to a system, method, or computer program product for a wearable device coded for user operational compliance.
APP
Utility
Wearable Device for Regulatory Compliance Logging and Co-localization
24 Oct 19
Embodiments of the invention are directed to a system, method, or computer program product for a wearable device coded for entity processing.
APP
Utility
Wearable Device Coding for Customer Application and Transitioning
24 Oct 19
Embodiments of the invention are directed to a system, method, or computer program product for a wearable device coded for customer application and transitioning.
GRANT
Utility
Event processing using robotic entities
22 Oct 19
A system for processing event cases through the use of a robotic process automation (RPA) bot model in conjunction with an event case processing management module is provided.