Bank of America

URI: https://gptkb.org/entity/Bank_of_America

GPTKB entity

AI-created image

Statements (60)

Predicate	Object
gptkbp:instanceOf	gptkb:bank gptkb:public_company
gptkbp:acquiredBy	gptkb:MBNA_(2006) gptkb:Merrill_Lynch_(2009) Countrywide Financial (2008)
gptkbp:assets	$3.2 trillion (2023)
gptkbp:CEO	gptkb:Brian_Moynihan
gptkbp:competitor	gptkb:Goldman_Sachs gptkb:Citigroup gptkb:Morgan_Stanley gptkb:JPMorgan_Chase Wells Fargo
gptkbp:dividendPaying	2.7% (2023)
gptkbp:environmentalImpact	Committed to net zero greenhouse gas emissions by 2050
gptkbp:foundedYear	1998
gptkbp:founder	gptkb:Amadeo_Giannini
gptkbp:headquartersLocation	gptkb:Charlotte,_North_Carolina,_United_States
gptkbp:industry	banking financial services
gptkbp:ISIN	US0605051046
gptkbp:logo	Bank_of_America_logo.svg
gptkbp:marketCap	$230 billion (2023)
gptkbp:memberOf	gptkb:Fortune_500
gptkbp:NAICS	522110
gptkbp:netIncome	$27.53 billion (2023)
gptkbp:notableEvent	One of the Big Four banks in the United States Received TARP funds during 2008 financial crisis Paid $16.65 billion settlement in 2014 for mortgage-related misconduct
gptkbp:numberOfEmployees	approximately 217,000 (2023)
gptkbp:parentCompany	gptkb:Bank_of_America_Corporation
gptkbp:predecessor	gptkb:BankAmerica gptkb:NationsBank
gptkbp:rank	No. 8 largest bank in the world by assets (2023) No. 2 largest bank in the United States by assets (2023)
gptkbp:regulates	gptkb:FDIC gptkb:Federal_Reserve gptkb:Office_of_the_Comptroller_of_the_Currency
gptkbp:revenue	$94.95 billion (2023)
gptkbp:servesArea	worldwide
gptkbp:services	gptkb:insurance wealth management asset management credit cards corporate banking investment banking mortgage loans consumer banking
gptkbp:SIC	6021
gptkbp:stockExchange	gptkb:NYSE
gptkbp:stockSymbol	gptkb:BAC
gptkbp:subsidiary	gptkb:Merrill_Lynch gptkb:Banc_of_America_Securities gptkb:Bank_of_America_Private_Bank
gptkbp:SWIFTCode	BOFAUS3N
gptkbp:website	https://www.bankofamerica.com/
gptkbp:bfsParent	gptkb:Warren_Buffett gptkb:Dallas,_Texas,_United_States gptkb:Web_Payments_Working_Group
gptkbp:bfsLayer	4
https://www.w3.org/2000/01/rdf-schema#label	Bank of America