Bank of America

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Bank of America Corporation (NYSE: BAC), based in Charlotte, North Carolina is one of the largest financial services companies, largest bank by assets, largest commercial bank by deposits and is the second largest by market capitalization in the United States. The company holds 12.2% of all U.S. deposits. Also, Bank of America is the number one underwriter of global high yield debt, the third largest underwriter of global equity and the ninth lar... more
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Founders:

Legal structure:

Place founded:

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Industry:

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Also known as:

  • Bank of America Corp,
  • Bank of America Corporation

Business

Founders

Amadeo Giannini

Amadeo Pietro Giannini (1870 – 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 near Genoa, Liguria. He attended Heald College, in San Francisco, California. His first...

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
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Operating income:

Currency Amount Valid Date
  • 23,010,000,000
  • Dec 2007

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
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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
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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
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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
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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
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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
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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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