Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $17.77 USD
Change Today -0.11 / -0.62%
Volume 62.4M
BAC On Other Exchanges
Symbol
Exchange
New York
Mexico
London
Tokyo
Sao Paulo
Frankfurt
Bogota
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

Bank of America Corporate Center

100 North Tryon Street

Charlotte, NC 28255

United States

Phone: 704-386-5681

Fax:

ith its commercial and corporate clients to provide risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As a result of the company’s market-making activities in these products, it might be required to manage risk in a range of financial products, including government securities, equity and equity-linked securities, high-grade and high-yield corporate debt securities, syndicated loans, mortgage-backed securities, commodities, and asset-backed securities. All Other All Other consists of ALM activities, equity investments, the international consumer card business, liquidating businesses, residual expense allocations, and other. ALM activities include the whole-loan residential mortgage portfolio and investment securities; and interest rate and foreign currency risk management activities, including the residual net interest income allocation, the impact of certain allocation methodologies, and accounting hedge ineffectiveness. Additionally, certain residential mortgage loans that are managed by Legacy Assets & Servicing are held in All Other. Government Supervision and Regulation As a registered financial holding company and bank holding company, the company is subject to the supervision of, and regular inspection by, the Board of Governors of the Federal Reserve System (Federal Reserve). The company’s U.S. banking subsidiaries (the banks) organized as national banking associations are subject to regulation, supervision, and examination by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve. The company’s U.S. broker-dealer subsidiaries are subject to regulation by and supervision of the U.S. Securities and Exchange Commission (SEC), the New York Stock Exchange, and the Financial Industry Regulatory Authority; its commodities businesses in the U.S. are subject to regulation by and supervision of the U.S. Commodity Futures Trading Commission (CFTC); its U.S. derivatives activity is subject to regulation and supervision of the CFTC and National Futures Association or the SEC, and in the case of the banks, certain banking regulators; and its insurance activities are subject to licensing and regulation by state insurance regulatory agencies. The company’s financial services operations in the U.K. are subject to regulation by and supervision of the Prudential Regulatory Authority for prudential matters, and the Financial Conduct Authority for the conduct of business matters. Certain federal consumer finance laws to which the company is subject, including but not limited to, the Equal Credit Opportunity Act, the Home Mortgage Disclosure Act, the Electronic Fund Transfer Act, the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Truth in Lending Act, and Truth in Savings Act, are enforced by the Consumer Financial Protection Bureau. Other federal consumer finance laws, such as the Servicemembers Civil Relief Act, are enforced by the Officer of the Comptroller of the Currency. Pursuant to Section 23A and 23B of the Federal Reserve Act, as implemented by the Federal Reserve’s Regulation W, the banks are subject to restrictions that limit certain types of transactions between the banks and their nonbank affiliates. The Gramm-Leach-Bliley Act requires the banks to periodically disclose the company’s privacy policies and practices relating to sharing such information and enables retail customers to opt out of its ability to share information with unaffiliated third parties under certain circumstances. History Bank of America Corporation was founded in 1874.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BAC:US $17.77 USD -0.11

BAC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Agricultural Bank of China Ltd CNY3.52 CNY +0.01
Bank of China Ltd CNY4.48 CNY +0.03
Citigroup Inc $58.44 USD -0.02
HSBC Holdings PLC 581.00 GBp -0.30
Industrial & Commercial Bank of China Ltd CNY4.87 CNY 0.00
View Industry Companies
 

Industry Analysis

BAC

Industry Average

Valuation BAC Industry Range
Price/Earnings 19.1x
Price/Sales 2.3x
Price/Book 0.8x
Price/Cash Flow 16.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BANK OF AMERICA CORP, please visit www.bankofamerica.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.