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Bank of America…

Bank of America is a leading global financial organization providing wealth management, corporate and investment banking and trading services.

It caters to more than 80% of the U.S. population with its extensive retail branch footprint and serves approximately 66 million consumer and small business clients. The bank also serves corporations, governments, institutions and individuals around the world.

Bank of America provides a diversified range of banking and nonbank financial services and products through four business segments – Consumer Banking, Global Wealth and Investment Management, Global Banking, and Global Markets. It provides investment management, brokerage, banking, trust and retirement products.

Bank of America has a presence in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas. The bank operates eight business lines and has more than 4300 centers, 16,300 ATMs, and 36 leading digital banking platforms.

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Key Investment Data

  • Ticker: nyse:bac
  • Sector: Financial Services
  • Industry: Banks – Diversified
  • Market Cap: 350.31B
  • P/E: 14.96
  • Dividend Yield: 2.03%
  • Payout Ratio (TTM): 23.90%

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