Bank of America Corp


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Next Event

Bank of America EU Autos Conference

Latest Developments


Bank Of America Appoints Holly O’Neill President Of Retail Banking

Bank Of America Announces Retirement Of Anne Finucane, Vice Chairman And Thomas Montag, Chief Operating Officer And President Of Global Banking And Markets

Bank Of America Declared Regular Quarterly Cash Dividend Common Stock Of $0.21 Per Share


About Bank of America Corp

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small- and middle-market businesses, institutional investors, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and Bank of America Private Bank; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services and research services.


Regional Banks

Contact Info

Bank of America Corporate Center

100 N Tryon St



United States


Executive Leadership

Brian T. Moynihan

Chairman of the Board, President, Chief Executive Officer

Anne Finucane

Vice Chairman of the Board

Thong M. Nguyen

Vice Chairman - Bank of America Corporation

Paul M. Donofrio

Chief Financial Officer

Dean C. Athanasia

President - Retail and Preferred & Small Business Banking

Key Stats

2.30 mean rating - 27 analysts
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Latest News

Latest News

BofA names three bankers to drive financials-focused investment banking -memo

Bank of America Corp has named three bankers to head its global financial institutions investment banking business, according to a company memo seen by Reuters on Monday.

UPDATE 3-Bank of America taps new CFO, promotes three women to top roles

Bank of America Corp on Friday replaced its finance chief and promoted three women to senior leadership roles in one of its biggest management shake-ups since the financial crisis.

RPT-UPDATE 1-Bank of America appoints new CFO, three women to senior leadership roles

Bank of America Corp on Friday replaced longtime Chief Financial Officer Paul Donofrio with Alastair` Borthwick, while adding five new members including three women to its senior leadership team to boost diversity.

Bank of America adds five new members to senior leadership

Bank of America Corp has added five new members to its senior leadership team, it said in a statement on Friday. (Reporting by Sohini Podder in Bengaluru; Editing by Aditya Soni)

Bank of America vice chairman, COO to retire

Bank of America Corp Vice Chairman Anne Finucane and Chief Operating Officer Thomas Montag will retire from their positions, the bank said in a statement on Thursday.

Bank of America relaxes COVID-19 health checks for some staff - Business Insider

Bank of America's staff in most U.S. states no longer need to fill out health assessments to enter their offices from Monday, regardless of vaccination status, Business Insider reported on Friday, citing a leaked memo.

UPDATE 4-Bank of America focuses on loan growth as rate hikes fade into the distance

July 14 - Bank of America Corp shares tumbled on Wednesday after the second-largest U.S. lender detailed its sensitivity to low interest rates and the Federal Reserve indicated it has no plans to raise its benchmark rate any time soon.

Bank of America profit surges on reserve release boost

July 14 - Bank of America Corp reported a jump in second-quarter profit on Wednesday as it released reserves it had set aside last year to cover potential loan losses tied to the pandemic.

CORRECTED-UPDATE 2-Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs hike shareholder payouts

Morgan Stanley, JPMorgan Chase & Co, Bank of America Corp. and Goldman Sachs Group said on Monday they were hiking their capital payouts after the U.S. Federal Reserve gave them a clean bill of health following their annual "stress tests" last week.

Bank of America increases quarterly dividend by 17%

Bank of America Corp said on Monday it expects to increase quarterly stock dividend by 17% to 21 cents per share, beginning in the third quarter of 2021. (Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath)

UPDATE 1-Bank of America to pay $11.7 mln over excessive sales charges--US regulator

Bank of America Corp's Merrill Lynch unit will pay nearly $11.7 million to resolve claims that it overcharged customers who invested in unit investment trusts, a U.S. regulator said on Friday.

CORRECTED-FACTBOX-Bank of America's next CEO? List of possible candidates

Bank of America Corp Chief Executive Brian Moynihan has been at the helm for more than a decade, having guided the bank out of a financial crisis and transformed it into a nimbler operation.

MOVES-Ex BofA exec Elfring joins JPMorgan as EMEA vice chair -memo

JPMorgan Chase & Co has tapped a former Bank of America Corp executive to take on a new role as vice chairman of investment banking for Europe, the Middle East and Africa as it battles for key advisory mandates to dominate a resurgent M&A market.

Bank of America to raise U.S. minimum hourly wage to $25 by 2025

Bank of America said on Tuesday it will raise its U.S. minimum hourly wage to $25 by 2025.

Bank of America investors back executive pay, directors

A majority of Bank of America investors voted to approve the bank's executive pay plans and to reelect the board's directors at the bank's annual shareholder meeting, held online on Tuesday.

UPDATE 5-Bank of America management offers optimistic outlook on economy, reserves

Bank of America Corp executives offered a sunny forecast for economic growth on Thursday, citing consumer spending trends and effervescent markets, after the bank squeaked by Wall Street estimates for first-quarter profits.

Bank of America profit more than doubles on reserve release boost

Bank of America Corp reported a jump in first-quarter profit on Thursday as it released reserves it had set aside to cover potential coronavirus loan losses.

Bank of America to hand out pay hikes to junior investment bankers - memo

Bank of America Corp will raise the salaries of its junior investment bankers starting May 1, according to an internal memo seen by Reuters, in a show of recognition for their work during a year when deal-making activity remained high amid the COVID-19 pandemic.

Bank of America to deploy $1 trillion for sustainable finance by 2030

Bank of America said on Thursday it will deploy $1 trillion for its environmental business initiative to push for green finance by 2030, expanding on the $300 billion it had announced for the same project in 2019.

Bank of America's summer internship program to be virtual

Bank of America Corp said on Thursday its 10-week summer internship program for 1,800 interns will be held virtually, as offices continue to work from home due to COVID-19 pandemic.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.