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Last ¥1,943 JPY
Change Today -52.00 / -2.61%
Volume 310.0
As of 8:50 PM 08/30/15 All times are local (Market data is delayed by at least 15 minutes).

bank of america corp (8648) Snapshot

Open
¥1,975
Previous Close
¥1,995
Day High
¥1,975
Day Low
¥1,943
52 Week High
07/23/15 - ¥2,287
52 Week Low
10/16/14 - ¥1,620
Market Cap
20.3T
Average Volume 10 Days
3.0K
EPS TTM
--
Shares Outstanding
10.4B
EX-Date
09/2/15
P/E TM
--
Dividend
¥0.20
Dividend Yield
1.21%
Current Stock Chart for BANK OF AMERICA CORP (8648)

bank of america corp (8648) Details

Bank of America Corporation is a bank holding company. The company, through its subsidiaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Management; Global Banking; Global Markets; and Other segments. It’s Consumer and Business Banking segment offers a range of credit, banking, and investment products and services including traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, investment accounts and products, and credit and debit cards. The company’s Consumer Real Estate Services segment provides consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. It’s Global Wealth and Investment Management segment provides investment and brokerage services, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services. The company’s Global Banking segment provides commercial loans, leases, commitment facilities, trade finance, real-estate lending, asset-based lending, treasury management, foreign exchange, short-term investing options, debt and equity underwriting and distribution, and merger-related and other advisory services. Its Global Markets segment offers risk management products, and sales and trading services, market-making, financing, securities clearing, settlement, and custody services to institutional investor clients. The company’s other segment includes residential mortgage portfolio and investment securities, interest rate and foreign currency risk management, international consumer card business, and other services. It caters to individual customers, large and small companies, institutional investors, corporations, and governments worldwide. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

216,700 Employees
Last Reported Date: 07/29/15
Founded in 1874

bank of america corp (8648) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.5M
Chief Operating Officer
Total Annual Compensation: $6.2M
Vice Chairman of Global Wealth & Investment M...
Total Annual Compensation: $4.1M
Vice Chairman and Global General Counsel
Total Annual Compensation: $3.8M
Compensation as of Fiscal Year 2014.

bank of america corp (8648) Key Developments

Subsidiary of Bank of America Agree to Pay $36 Million in California Overtime Infraction Case

A subsidiary of Bank of America has agreed to settle with 365 current and former employees for $36 million over charges it failed to pay overtime. The settlement comes just under the wire: It was slated to go to trial on Aug. 31, but the $36 million settlement, if and when it is approved by the court, now resolves all claims. The lawsuit filed in April 2013 in federal court alleged that Bank of America erroneously applied the 'administrative' and 'professional' exemptions to residential staff appraisers. It also charged that workers regularly worked from 6 a.m. to 10 p.m. without any overtime compensation from either the subsidiary, Landsafe Appraisal Services Inc., or Bank of America. Many of the workers were based in Northern California. The case, Terry P. Boyd et al. v. Bank of America Corp., was quickly seen as a benchmark for how employers apply in-house overtime rules. It has been closely watched by California employers as a harbinger for how federal courts may apply penalties related to overtime infractions.

Bank of America Names Stacy Brandon as President for the Greenville Market

Bank of America Corp. has announced that it has named a president for the Greenville market. As president of Greenville, Stacy Brandon would help meet the financial needs of individuals, families and businesses by connecting them to the right resources within Bank of America.

Bank of America Corp Announces Executive Appointments

Bank of America Corp. has announced that it has named co-heads of its healthcare investment banking team in the Americas. The bank has hired Credit Suisse's healthcare investment banking co-head, Charlie Newton, to run the group alongside Brian McCarthy. Joe Modisett from Morgan Stanley is also joining the bank as head of global life sciences.

 

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8648 Competitors

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Company Last Change
Agricultural Bank of China Ltd CNY3.01 CNY 0.00
Bank of China Ltd CNY3.89 CNY 0.00
Citigroup Inc $53.28 USD -0.16
HSBC Holdings PLC 518.70 GBp -1.00
Industrial & Commercial Bank of China Ltd CNY4.23 CNY 0.00
View Industry Companies
 

Industry Analysis

8648

Industry Average

Valuation 8648 Industry Range
Price/Earnings 17.4x
Price/Sales 2.1x
Price/Book 0.7x
Price/Cash Flow 14.9x
TEV/Sales NM Not Meaningful
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