BANK OF AMERICA CORP /DE/
The Bank of America Corporation (Bank of America; often abbreviated BAC, BofA, or, less commonly, BOA) is an American multinational 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 formed by the merger of NationsBank and the legacy corporation of Bank of America in 1998. It is the second-largest banking institution in the United States by consolidated assets, after JPMorgan Chase. It is also the second-largest bank in the world by market capitalization, after JPMorgan Chase.
Basic company information
Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.
- Ticker / security symbols
- BAC, BML-PG, BML-PL, BAC-PB, BAC-PK, BAC-PE, BAC-PL, BAC-PM, BAC-PN, BAC-PO, BAC-PP, BAC-PQ, BAC-PS, BACRP, BML-PH, BML-PJ, MER-PK [1]
- Listing exchanges
- NYSE, OTC [1]
- SEC industry
- National Commercial Banks [1]
- Business sectors
- International Standard Industrial Classification; financial sector; financial services [2]
- Company / filing name
- BANK OF AMERICA CORP /DE/ [1]
- Headquarters location
- Charlotte [2]
- Business address
- BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE, NC, 28255 [1]
- Founded
- 1956; 1784; 1998 [2]
- Legal form
- public company; Delaware corporation [2]
- Incorporation jurisdiction
- Delaware, United States [1]
- Leadership in background record
- Brian Moynihan [2]
- Founders
- Amadeo Giannini [2]
- Official website
- https://www.bankofamerica.com/; https://www.privatebank.bankofamerica.com/ [2]
- Employees
- 213,000 · reported year 2023 [2]
- Annual revenue
- USD 113,097,000,000 · 2025-01-01 to 2025-12-31 [3]
- Total assets
- USD 3,411,738,000,000 · at 2025-12-31 [3]
- Net income / loss
- USD 30,509,000,000 · 2025-01-01 to 2025-12-31 [3]
- Fiscal year end
- December 31 (SEC record) [1]
- ISIN (reported securities)
- US0605051046 [2]
- CIK
- 0000070858 [1]
- SIC code
- 6021 [1]
- Country in background record
- United States [2]
Company positioning and business
The Bank of America Corporation (Bank of America; often abbreviated BAC, BofA, or, less commonly, BOA) is an American multinational 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 formed by the merger of NationsBank and the legacy corporation of Bank of America in 1998. It is the second-largest banking institution in the United States by consolidated assets, after JPMorgan Chase. It is also the second-largest bank in the world by market capitalization, after JPMorgan Chase. [4]
Among the Big Four banking institutions and one of eight systemically important financial institutions in the United States; it competes with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. [4]
Through past mergers, the oldest branch of the Bank of America franchise dates back to 1784, when Massachusetts Bank was chartered, becoming the first federally chartered joint-stock-owned bank in the United States. Another branch of its history goes back to the American-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking services to Italian immigrants who faced service discrimination at the time. Headquartered in San Francisco, California, Giannini helped develop and merged his interests with Bank of America, Los Angeles in the 1920s and the combined bank eventually did business as Bank of America. [4]
Background text: Wikipedia contributors, Bank of America. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.
Management and corporate governance
The Wikidata background record identifies Brian Moynihan in the chief-executive role. This background entry is not an official confirmation of the current board or executive roster. [2]
Understanding company scale
Revenue: USD 113,097,000,000, 2025-01-01 to 2025-12-31. Reported in Form 10-K filed 2026-02-25. Figures are consolidated XBRL facts; reporting periods and amendments must be checked before comparing companies. [3]
Net income / loss: USD 30,509,000,000, 2025-01-01 to 2025-12-31. Reported in Form 10-K filed 2026-02-25. Figures are consolidated XBRL facts; reporting periods and amendments must be checked before comparing companies. [3]
Total assets: USD 3,411,738,000,000, at 2025-12-31. Reported in Form 10-K filed 2026-02-25. Figures are consolidated XBRL facts; reporting periods and amendments must be checked before comparing companies. [3]
Financial year, securities and disclosures
The SEC submissions record gives BANK OF AMERICA CORP /DE/ a fiscal year end of 1231 (MMDD). Individual filings below identify their own reporting period; the filing date is the publication event, not the financial year end. [1]
Listed securities: BAC (NYSE), BML-PG (NYSE), BML-PL (NYSE), BAC-PB (NYSE), BAC-PK (NYSE), BAC-PE (NYSE), BAC-PL (NYSE), BAC-PM (NYSE), BAC-PN (NYSE), BAC-PO (NYSE), BAC-PP (NYSE), BAC-PQ (NYSE), BAC-PS (NYSE), BACRP (OTC), BML-PH (NYSE), BML-PJ (NYSE), MER-PK (NYSE). Multiple symbols may represent different share classes or securities of the same registrant. [5]
History and key events
Form 10-K filed; reporting period ends 2025-12-31. [6]
Financial results and regulatory disclosures
Annual, quarterly and current reports from the collected SEC record. Insider Forms 4 and 144 are excluded. This is a selected list, not a live filing feed.
Source-verified relationships
Companies in the same industry
Comparison candidates share the SEC SIC classification 6021. This does not imply ownership, partnership or trading relationships.
Related entities and concepts
Frequently asked questions
When was BANK OF AMERICA CORP /DE/ founded?
Founded: 1956; 1784; 1998. The linked source provides the background record. [2]
Where is the headquarters of BANK OF AMERICA CORP /DE/?
Headquarters location: Charlotte. The linked source provides the background record. [2]
Which business sectors are recorded for BANK OF AMERICA CORP /DE/?
Business sectors: International Standard Industrial Classification; financial sector; financial services. The linked source provides the background record. [2]
BANK OF AMERICA CORP /DE/ relationship map
Select a node to inspect its relationship and source.
3 verified direct relationships. Industry peers are not relationship edges.
Sources and review dates
- SEC — BANK OF AMERICA CORP /DE/ filing identity and securities ↗
- Wikidata — company background record (CC0) ↗
- SEC — BANK OF AMERICA CORP /DE/ reported financial facts ↗
- Wikipedia contributors — Bank of America (CC BY-SA 4.0) ↗
- SEC securities directory ↗
- Company chronology / filing ↗
Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.