Bank of America Corp.

Bank of America Corp.

Bank of America Corp.

Overview
Date Founded

1998

Headquarters

Bank of America Corporate Center, 100 North Tryon Street, Charlotte, NC, 28255, USA

Type of Company

Public

Employees (Worldwide)

208K

Industries

Retail & Commercial Banking
Accounting & Financial Services
Holding Companies
Consumer Finance
Investment Banking & Brokerage

Company Description

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other.

Contact Data
Trying to get in touch with decision makers at Bank of America Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

Chief Financial Officer

Interim Chief Financial Officer

Chief Operations & Technology Officer

Global General Counsel

Head of FICC Sales, Chief Executive Officer of Bofa Securities Europe SA & Country Executive for France

Chief Risk Officer

Chief Human Resources Officer

Chief Accounting Officer

Chief Audit Executive

Paths to Bank of America Corp.
Potential Connections via
Relationship Science
You
Bank of America Corp.
Owners & Shareholders
Details Hidden

BHI-IM employs the value investing principles of Benjamin Graham. Their investment approach focuses on buying shares of companies as a long-term investment. The firm seeks to invest in businesses that are easy to understand and have high ROE, exceptional management teams and limited debt. Rather than a diversified stock portfolio, BHI-IM invests in a small number of trusted investments that are overweighed in order to leverage the expected returns. The firm owns stock in a diverse group of over 50 public and private companies in wide range of industries including, but not limited to, manufacturing, retail, energy and finance. Investments are typically financed using the float from Berkshire Hathaway, Inc.'s insurance operations. Securities are sold when the firm no longer feels comfortable with the fundamentals of a company.

Details Hidden

SSgA FM’s methods of analysis include quantitative, fundamental, technical, cyclical, indexing, arbitrage, charting and other strategy specific methods. They offer a broad range of strategies including: Active, Enhanced, and Passive Equity; Active & Passive Debt; Cash Management; Multi-Asset Class Solutions; Real Estate (including Direct Real Estate); Senior Loans; Managed Futures; and Private Equity. Active equity strategies include enhanced equity and active quantitative strategies. The strategies cover market-cap and style segments of the market including: large-cap core, large-cap growth, large-cap value, mid-cap, small-cap, small-cap value, all-cap, and long-short equity. They also manage long-short and long-short market neutral strategies. SSgA FM’s Active & Passive Debt strategies offers a range of investment styles from passive to active, short to long duration, tax-exempt, sovereign to high yield, and single country to global. The firm’s Cash Management strategies seek to generate current income while preserving capital and liquidity by investing in diversified portfolios of short-term securities. SSgA FM's Multi-Asset Class strategies employ an asset allocation model as means of diversification and seek to position assets among major investment categories. Their Multi Asset Class Solutions strategies employ an asset allocation model as a method of diversification that aims to position assets among major investment categories. SSgA FM’s Managed Futures strategy allocates assets using two approaches: a managed futures strategy and a fixed income strategy. The firm’s Private Equity strategies focus on rigorous partner selection, thorough evaluation of quality investment opportunities, and fundamental, research-driven research.

Details Hidden

WMC relies on their extensive independent research and include portfolio management styles and approaches in equities, fixed income securities, currencies and commodities, as well as asset allocation across these categories. The firm has a number of different disciplines when approaching research and these include asset allocation analysts, currency analysts, data scientists, factor analysts, fixed income credit analysts, fixed income market analysts, global industry analysts and research associates, macro-analysts, quantitative analysts and technical analysts. WMC’s portfolio management teams often include dedicated analysts who evaluate securities and other instruments for suitability based on the team’s investment approach. The firm supplements their internal research with external research from sources such as broker/dealers and third-party research firms. These sources typically provide data, research and analysis and may serve as a gauge of market consensus.

Recent Transactions
Details Hidden

National Instruments Corp. purchases OptimalPlus Ltd.

Details Hidden

Harsco Corp. purchases Stericycle Environmental Solutions, Inc. from Stericycle, Inc.

Details Hidden

Institutional Capital Network, Inc. purchases Bank of America Corp. /Feeder Fund Operations from Bank of America Corp.

Transaction Clients
Investment Advisor

Advised on LIXIL Group Corp., INAX Corp. purchase A-S China Plumbing Products Ltd. from Bain Capital LP

Investment Advisor

Advised on Blackstone Real Estate Advisors, The Blackstone Group, Inc. purchase Equity Office Properties Trust

Investment Advisor

Advised on Constellation Brands, Inc. purchases Crown Imports LLC from Grupo Modelo SAB de CV, Anheuser-Busch InBev SA (Inactive)

Insider Transactions
Details Hidden
Transaction Advisors
Legal Advisor

Advised onBank of America Corp. purchases ABN AMRO North America Holding Co. from ABN AMRO Holding NV

Accountant

Advised onBank of America Corp. purchases FleetBoston Financial Corp.

Investment Advisor

Advised onBank of America Corp. purchases FleetBoston Financial Corp.

Legal Advisor

Advised onBank of America Corp. purchases ABN AMRO North America Holding Co. from ABN AMRO Holding NV

Legal Advisor

Advised onBaker Hughes Holdings LLC purchases BJ Services Company LLC

Legal Advisor

Advised onBank of America Corp. purchases ABN AMRO North America Holding Co. from ABN AMRO Holding NV

Advisors & Consultants
Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Clients

BlackRock is trusted to manage more money than any other investment firm. Their business is investing on behalf of their clients — from large institutions to parents and grandparents, teachers, nurses, doctors and people from all walks of life who entrust their savings to them. They are passionate about their work and intensely focused on performing at the highest levels. To get there, they strive to out-think and out-work competitors and find the best balance of risk and return across all investment styles on behalf of their clients.

Marcus & Millichap, Inc. engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, property financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.

Bill.com Holdings, Inc. operates as a holding company. It engages in the provision of cloud-based software solutions. The firm simplifies, digitizes, and automates complex back-office financial operations for SMBs. Its software helps customers to generate and process invoices, streamline approvals, send and receive payments, sync with their accounting system and manage their cash. The company was founded by Rene Lacertea on August 2, 2018 and is headquartered in Palo Alto, CA.

Key Stats and Financials As of 2019
Market Capitalization
$237B
Total Enterprise Value
$766B
Earnings Per Share
$2.75
Revenue
$114B
Net Profit
$27.4B
Total Debt
$440B
Total Equity
$265B
Enterprise Value / Sales
6.74x
TEVNet Income
27.93x
Debt TEV
0.57x
Three Year Compounded Annual Growth Rate Of Revenue
6.33%
Non-Profit Donations & Grants
Investments
Details Hidden

F2i is an active manager with the aim to invest in Italian companies. The firm focuses mainly in the infrastructure sector.F2i is a majority or minority investors in buyout and growth transactions. It seeks to acquire a seat at the board of directors of the target company.

Details Hidden

FX Alliance LLC operates as a holding company with interest in providing electronic foreign exchange trading solutions. Its proprietary technology platform enables it to deliver reliable FX price discovery, trade execution and automation of pre-trade and post-trade transaction workflow with access to a deep pool of liquidity from banks and other liquidity providers. FX Alliance comprehensive suite of electronic FX trading products, including FX spot, FX forwards, FX swaps and non-deliverable forwards are used by asset managers, banks, broker-dealers, corporations, hedge funds, prime brokers and other institutions worldwide. The company's platform supports the over-the-counter trading of gold and silver on a spot, forward or swap basis and provides access to bank deposits. FX Alliance offers single point access to multiple execution mechanisms, including collaborative trading, request for stream, continuous streaming prices, and an anonymous electronic communication network, as well as execution mechanisms proprietary to specific liquidity providers. It offers institutional clients with 24-hour direct access, five days per week to the foreign exchange market, which is a liquid financial market. The company was founded on September 22, 2006 and is headquartered in New York, NY.

Details Hidden

Multi Commodity Exchange of India Ltd. is a commodity derivatives exchange company, which engages in facilitating online trading, clearing, and settlement operations of commodity derivatives. It also offers trading in commodity derivative contracts across varied segments including bullion, industrial metals, energy, and agricultural commodities. The company was founded on April 19, 2002 and is headquartered in Mumbai, India.

Investors
Details Hidden

Managing Director at Lehman Brothers Europe Ltd.

Details Hidden

Former Chief Executive Officer at SIFCO Industries, Inc.

Suppliers
R.R. Donnelley & Sons Co. Computer Software | Chicago, IL

RR Donnelley (Nasdaq:RRD) is a global provider of integrated communications. The company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, drive top line growth, enhance ROI and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing services to clients in virtually every private and public sector.

Total System Services LLC IT Consulting & Services | Columbus, GA

38 million times each day, the people of TSYS® improve lives and businesses across the world by processing a payment. We make it possible for millions of people to move money between the world's buyers and sellers. Offering merchant payment-acceptance solutions as well as services in credit, debit, prepaid, mobile, chip, healthcare and more, we make it possible for those in the global marketplace to conduct safe and secure electronic transactions with trust and convenience. TSYS' headquarters are located in Columbus, Georgia, U.S.A. with local offices spread across the Americas, EMEA and Asia–Pacific. TSYS provides services to more than half of the top-20 global banks. In a bygone era, general store merchants greeted their customers by name and spent a minute or two in conversation before processing the transaction, which was a simple exchange of merchandise for cash. As customers selected their products, the merchants learned their preferences – both benefiting from the relationship. Since then, transactions have evolved dramatically. Technology has extended the reach, scale and velocity of every transaction in the global payment chain. In this complex process, it's easy to lose sight of that basic relationship. At TSYS (Total System Services, Inc.®), we believe it's possible to create more value in those relationships than ever before. That's because we believe that payments should revolve around people, not the other way around.

Publicis Groupe SA Hospitals & Patient Services | Paris, France

Publicis Groupe SA engages in the advertising industry. Its services include customer relationship management, direct marketing, sales promotion, events management, public relations, and corporate, multicultural and financial communications. The company was founded by Marcel Bleustein-Blanchet in 1926 and is headquartered in Paris, France.

Awards & Honors
Rank #26
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #26
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Bank of America Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Bank of America Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Bank of America Corp..