Bank of America
PROPERTY OVERVIEW
Ownership: Public
Credit Rating: S&P: BBB+
Ticker: NYSE:BAC
Sector: Banks/Financial
COMPANY DESCRIPTION
Bank of America, through its subsidiaries, provides various banking and financial products and services
for individual consumers, small and middle market businesses, institutional investors, corporations, and
governments in the United States and internationally.
The company’s Consumer & Business Banking segment offers traditional and money market savings accounts,
CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards;
and lending related products and services, working capital management, and treasury solutions. This segment
provides its products and services through operating 4,600 retail financial centers, 15,900 ATMs, call centers,
and online and mobile banking platforms.
The company was founded in 1874 and is based in Charlotte, North Carolina. It is ranked 2nd on the list of
largest banks in the United States by assets. Bank of America is the 26th largest company in the United States
by total revenue and was ranked #11 on the Forbes Magazine Global 2000 list of largest companies in the
world.
