Bank of America

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Bank of America Corporation (NYSE: BAC) is a financial services company, the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. Bank of America serves clients in more than 150 countries and has a relationship with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. The company is a member of the Federal Deposit Insurance Corporation (FDIC) and a co... more
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Founders:

Legal structure:

Place founded:

Industry:

View Bank of America: Industries »

Also known as:

  • Bank of America Corp,
  • Bank of America Corporation,
  • NATIONSBANK CORP,
  • BANK OF AMERICA CORP /DE/,
  • BANKAMERICA CORP

Business

Founders

Amadeo Giannini

Amadeo Pietro Giannini (May 6, 1870 – June 3, 1949), born in San Jose, California, was the Italian American founder of Bank of America. Giannini's parents were Italian immigrants to the United States, originally from Favale di Malvaro near Genoa, Liguria. He attended Heald College, in San Francisco...

Address

Bank of America Headquarters

100 North Tryon St., 18th Fl
Charlotte North Carolina 28255
United States of America

Revenue:

Currency Amount Valid Date
  • 119,190,000,000
  • 2007
  • 117,017,000,000
  • 2007
  • 51,392,000,000
  • 2000
  • 119,190,000,000
  • 2008
View entire collection »

Operating income:

Currency Amount Valid Date
  • 23,010,000,000
  • Dec 2007
  • 14,982,000,000
  • 2008
View entire collection »

Market capitalization:

Currency Amount Valid Date
  • 155,730,000,000
  • 2008

Net income:

Currency Amount Valid Date
  • 14,980,000,000
  • 2007
  • 14,982,000,000
  • Dec 31, 2007
  • 21,133,000,000
  • 2007
  • 7,882,000,000
  • 2000
View entire collection »

Board members:

Member Title From To
  • May 2006
  • Apr 2004
  • Jan 2005
  • 1988
  • 2001
  • Jan 2006
  • Apr 2004
  • 2004
  • Apr 2004
View Bank of America board members »

Major shareholders:

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Number of employees:

number date
  • 206,587
  • 2007
  • 209,718
  • Feb 28, 2008
View entire collection »

Ticker symbol:

Stock exchange Ticker symbol
  • BAC
  • 8648
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Slogan:

  • Bank of opportunity
  • Higher Standards

Previous names:

Previous name Start date
  • Bank of Italy
  • 1904
  • NationsBank
  • North Carolina National Bank
View entire collection »

Subsidiary companies:

Subsidiary From
  • Jan 1, 2009
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Companies acquired:

Company acquired Date
  • 2005
  • 2004
  • Oct 2007
  • Jul 2008
  • Nov 20, 2006
  • 2004
  • Jan 1, 2009
View entire collection »

Product of merger:

Companies merging Date
  • 1997

Business Locations:

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Divisions:

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Employees and other personnel:

Person Title From To
  • Apr 2001
  • 1996
  • 2005
  • 1996
View Bank of America employees and other personnel »
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Ranked item

Appears in ranked lists:

List Rank Year
  • 11
  • 2009
  • 9
  • 2008
  • 12
  • 2006
  • 9
  • 2007
  • 11
  • 2000
  • 37
  • 2009
  • 28
  • 2008
View entire collection »

Fortune 1000 of 2008

View all Fortune 1000 of 2008 »
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Facts from the Community

From the Exhibitions base

Exhibitions sponsored:

Exhibition Venue Opened on Closed on Admission fee? Sponsor
  • Jun 14, 2008
  • Sep 28, 2008
  • Oct 18, 2008
  • Aug 16, 2009
  • May 16, 2008
  • Sep 7, 2008
  • Sep 11, 2008
  • Jan 4, 2009
  • Yes
  • Oct 19, 2008
  • Mar 22, 2009
  • Jun 14, 2008
  • Sep 28, 2008
  • Yes
View entire collection »

From the business2 base

Net profit:

Currency Amount Valid Date
  • 4,008,000,000
  • Dec 31, 2008

Total Assets:

Currency Amount Valid Date
  • 1,817,943,000,000
  • Dec 31, 2008

Total Liabilities:

Currency Amount Valid Date
  • 1,640,891,000,000
  • Dec 31, 2008

Retained Earnings:

Currency Amount Valid Date
  • 73,823,000,000
  • Dec 31, 2008
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