Bank of America Corporation

GPTKB entity

Statements (74)
Predicate Object
gptkbp:instanceOf gptkb:bank
gptkb:public_company
gptkbp:acquiredBy gptkb:MBNA_(2006)
gptkb:Merrill_Lynch_(2009)
Countrywide Financial (2008)
FleetBoston Financial (2004)
gptkbp:assets $3.2 trillion (2023)
gptkbp:CEO gptkb:Alastair_Borthwick
gptkb:Brian_Moynihan
gptkbp:chairman gptkb:Brian_Moynihan
gptkbp:competitor gptkb:Goldman_Sachs
gptkb:Citigroup
gptkb:Morgan_Stanley
gptkb:JPMorgan_Chase
Wells Fargo
gptkbp:country gptkb:United_States
gptkbp:diversityInitiatives gptkb:Diversity_&_Inclusion_Council
gptkbp:dividendPaying quarterly
gptkbp:division gptkb:Global_Markets
Consumer Banking
Global Banking
Global Wealth and Investment Management
gptkbp:environmentalImpact committed to net zero greenhouse gas emissions by 2050
gptkbp:founded 1998
gptkbp:founder gptkb:Amadeo_Giannini
gptkbp:hasATM approximately 15,000 (2023)
gptkbp:headquarters_location gptkb:Charlotte,_North_Carolina,_United_States
https://www.w3.org/2000/01/rdf-schema#label Bank of America Corporation
gptkbp:industry financial services
gptkbp:ISIN US0605051046
gptkbp:legalForm gptkb:company
gptkbp:logo Bank_of_America_logo.svg
gptkbp:member gptkb:Fortune_500
gptkb:S&P_500
gptkb:S&P_100
gptkbp:netIncome $27.53 billion (2023)
gptkbp:notableEvent received TARP funds during 2008 financial crisis
paid $16.65 billion settlement in 2014 for mortgage practices
gptkbp:numberOfEmployees approximately 213,000
gptkbp:numberOfLocations approximately 3,900 branches (2023)
gptkbp:parentOrganization none
gptkbp:philanthropy gptkb:Bank_of_America_Charitable_Foundation
gptkbp:predecessor gptkb:BankAmerica
gptkb:NationsBank
gptkbp:rank #8 largest bank in the world by assets (2023)
#2 largest bank in the United States by assets (2023)
gptkbp:rating A+ (S&P, 2023)
AA- (Fitch, 2023)
Aa2 (Moody's, 2023)
gptkbp:regulates gptkb:FDIC
gptkb:Federal_Reserve
gptkb:SEC
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:slogan What would you like the power to do?
gptkbp:stockExchange gptkb:New_York_Stock_Exchange
gptkbp:stockSymbol gptkb:BAC
gptkbp:subsidiary gptkb:Merrill_Lynch
gptkb:Banc_of_America_Securities
gptkb:Bank_of_America_Private_Bank
gptkbp:SWIFTCode BOFAUS3N
gptkbp:totalEquity $303 billion (2023)
gptkbp:website https://www.bankofamerica.com/
gptkbp:bfsParent gptkb:Bank_of_America
gptkbp:bfsLayer 5