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Bank of America Corp

Financial Services
$31.24
-0.32 (1.01%)1D
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Performance

Today’s Low
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    Today’s High
    $
    52W Low
    $
      52W High
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      Open PricePrev. CloseVolumeAvg. Volume
      $30.80$31.5647,442,65649,528,098

      Fundamentals

      Market Cap$251.69B
      P/B Ratio0.9
      P/E Ratio8.5
      Enterprise Value$188.19B
      Div. Yield2.66%
      Book Value32.77
      EPS(TTM)0.81
      ROENA
      Understand Fundamentals

      About the Company

      Bank of America Corporation, also known as Bank of America, is a company with a history spanning over two centuries. As of 1956, it started to operate as an investment bank and financial services holding company under the name BankAmerica. It is hea
      Bank of America Corporation, also known as Bank of America, is a company with a history spanning over two centuries. As of 1956, it started to operate as an investment bank and financial services holding company under the name BankAmerica. It is headquartered in Charlotte, North Carolina and has central hubs in London, Dallas, Hong Kong, Toronto and New York City. The official Bank of America was founded in San Francisco when North Bank Acquired Bank America in 1988. As of 2018, it was considered the third largest investment bank in the world. It encapsulates over 46 million consumers under its commercial banking segment and has small business relationships with at least 4,600 banking centres. It is the 13th largest company in the world with a market capitalisation of 313.5 billion. BofA was the first bank to offer nationally licensed credit cards called BankAmericard in 1955 and was also the first in San Francisco to offer independent financial management opportunities to women. Bank of America is also the oldest heritage bank in Chicago that aided the city to handle its population boom and the great fire. The bank provides banking and financial services to both individuals and small businesses. It offers 22 different types of cards, home loans, auto loans, investment advice and a money management programme called Better Money Habits to its individual customers. It offers several services, lending programmes, credit cards and advice regarding investments and business planning to small businesses. BofA also assists customers with their wealth management and provides personalised suggestions. It is its sub-branch company Merrill that offers these suggestions regarding both investment and wealth management. Bank of America has operations spread across over 35 countries in the Asia Pacific, US & Canada, Europe, Middle East, Africa and Latin America. In the US alone, it has over 36 branches in states like Arizona, Nevada, California, West Virginia, Missouri, Colorado, Minnesota, Michigan etc. As of 2019, it had over 208,000 employees working in its branches around the globe. In 2018, it earned the 24th place in the list of Fortune 500 US companies with the largest total revenue. It was also named “World’s Best Bank” in the 2018 Awards for Excellence by Euromoney Institutional Investor. The bank is also included under both the S&P 100 and S&P 500 indexes. Bank of America is listed in the New York Stock Exchange under the ticker symbol of BAC.
      ...Read more
      OrganisationBank of America Corp
      IndustryBanks—Diversified
      HeadQuartersCharlotte, NC

      Company Financials

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      FAQs on Bank of America Corp

      Can I Buy Bank of America Corp Shares in India?

      Yes, Bank of America Corp shares can be bought in India by opening an international trading account with Groww.

      How to Buy Bank of America Corp Shares in India?

      One can easily invest in Bank of America Corp shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Bank of America Corp shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Bank of America Corp.

      What is the Share Price of Bank of America Corp?

      The share price of Bank of America Corp is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Bank of America Corp share price is $31.24 as of 5 Jul ‘22

      What is the Market Cap of Bank of America Corp?

      The Bank of America Corp market cap is $251.69B as of 5 Jul ‘22

      What is the PE and PB ratio of Bank of America Corp?

      The PE and PB ratio of Bank of America Corp is 8.5 and 0.9 as of 5 Jul ‘22
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