Latest BAC reports update at 2024-02-20: 202320222021
Bank of America logo

Bank of America BAC

$ 37.83 -0.21%

Country

usaUSA

IPO year

-

Industry

Banks

Stock Exchange

NYSESPB

CEO

Mr. Brian Moynihan

Employees in the company

211 000

Shares

8.03 B

Market Cap[1]

$ 304 B

EBITDA (LTM)

$ 563 M

P/E (LTM)

7.42

P/S (LTM)

2.11

EPS (LTM)

3.55

Bank of America is a global financial institution that has been in operation for over 200 years. The company is headquartered in Charlotte, North Carolina and has a presence in over 35 countries worldwide. Bank of America's mission is to help individuals, businesses, and communities achieve their financial goals and aspirations.

The company offers a wide range of financial products and services, including banking, investing, lending, and wealth management. Some of Bank of America's most well-known products include credit cards, mortgages, and personal loans. In addition, the company has a strong focus on digital innovation and has developed a range of mobile and online banking services to make banking more convenient for its customers.

Bank of America is also committed to making a positive impact on the communities it serves. The company has established partnerships with non-profit organizations and community groups to support economic development, education, and environmental sustainability. Bank of America has also set ambitious goals to reduce its environmental footprint and has implemented a range of initiatives to promote energy efficiency and reduce greenhouse gas emissions.

As a leading financial institution, Bank of America is constantly innovating and adapting to meet the evolving needs of its customers. With a focus on financial empowerment, community engagement, and environmental sustainability, Bank of America is committed to making a positive impact on the world.

Other stocks of industry "Banks"

References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.