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
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
424B2
Prospectus for primary offering
18 Mar 24
Transcripts
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
BAC
Earnings call transcript
2021 Q3
14 Oct 21
Latest ownership filings
4
Thong M Nguyen
5 Mar 24
4
Bernard A Mensah
5 Mar 24
4
Kathleen A. Knox
5 Mar 24
4
Geoffrey S Greener
5 Mar 24
4
Paul M Donofrio
5 Mar 24
4
Sheri B. Bronstein
5 Mar 24
4
Dean C Athanasia
5 Mar 24
4
BRIAN T MOYNIHAN
5 Mar 24
SC 13D/A
PIONEER MUNICIPAL HIGH INCOME FUND, INC.
4 Mar 24
SC 13D/A
PIONEER MUNICIPAL HIGH INCOME ADVANTAGE FUND, INC.
4 Mar 24
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) | 41.00 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 310.73 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 42.7 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Thong M Nguyen | Common Stock | Payment of exercise | Dispose F | No | No | 34.35 | 52,391 | 1.80 mm | 584,437 |
1 Mar 24 | Thong M Nguyen | Common Stock | Option exercise | Acquire M | No | No | 0 | 95,290 | 0.00 | 636,828 |
1 Mar 24 | Thong M Nguyen | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 95,290 | 0.00 | 0 |
1 Mar 24 | Bernard A Mensah | Common Stock | Sale back to company | Dispose D | No | No | 34.35 | 1,431 | 49.15 k | 170,175 |
1 Mar 24 | Bernard A Mensah | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,431 | 0.00 | 171,606 |
1 Mar 24 | Bernard A Mensah | Vested Phantom Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 1,431 | 0.00 | 1,432 |
1 Mar 24 | Bernard A Mensah | Vested Phantom Stock Units Common Stock | Option exercise | Acquire M | No | No | 0 | 1,432 | 0.00 | 2,863 |
1 Mar 24 | Bernard A Mensah | Phantom Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 1,432 | 0.00 | 1,432 |
1 Mar 24 | Bernard A Mensah | Vested Phantom Stock Units Common Stock | Option exercise | Acquire M | No | No | 0 | 1,800 | 0.00 | 1,800 |
1 Mar 24 | Bernard A Mensah | Phantom Stock Units Common Stock | Option exercise | Dispose M | No | No | 0 | 1,800 | 0.00 | 0 |
News
This Is What Whales Are Betting On Bank of America
18 Mar 24
10 Financials Stocks With Whale Alerts In Today's Session
14 Mar 24
Bank of America's Options Frenzy: What You Need to Know
13 Mar 24
10 Financials Stocks With Whale Alerts In Today's Session
11 Mar 24
Check Out What Whales Are Doing With BAC
8 Mar 24
Press releases
Merrill Launches New Video Series: #WomenInvested Meet Ups
15 Mar 24
Bank of America Declares Second Quarter 2024 Preferred Stock Dividends
14 Mar 24
Bank of America Announces Redemption of JPY 58,500,000,000 0.383% Fixed/Floating Rate Senior Notes, due March 18, 2025
1 Mar 24
BofA Delivers $7.1 Billion in Financing to Build 11,000 Housing Units
29 Feb 24
F&G Annuities & Life Launches Its First Registered Index-Linked Annuity, F&G Confidence Builder
13 Feb 24