The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. Founded in San Francisco, Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase, and the eighth largest bank in the world. Bank of America is one of the Big Four banking institutions of the United States. It services approximately 10 percent of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking.
| Revenue (TTM) | $109.59B |
| Gross Profit (TTM) | $109.59B |
| EBITDA | — |
| Operating Margin | 36.00% |
| Return on Equity | 10.60% |
| Return on Assets | 0.93% |
| Revenue/Share (TTM) | $14.78 |
| Book Value | $38.66 |
| Price-to-Book | 1.51 |
| Price-to-Sales (TTM) | 3.77 |
| EV/Revenue | 7.17 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 24.40% |
| Quarterly Revenue Growth (YoY) | 8.10% |
| Shares Outstanding | $7.10B |
| Float | $7.07B |
| % Insiders | 7.34% |
| % Institutions | 70.58% |
Volatility is currently expanding
Bank of America and Wells Fargo are entering Q2 earnings with improving fundamentals, but solid earnings momentum and estimate revisions give one bank an edge.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Bank of America (BAC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2026.
Key points Managed Account Advisors (MAA) platform, which helps advisors build and manage personalized portfolios, surpassed $1 trillion in client assets. Launched in 2006, MAA enables advisors to deliver tailored investment portfolios more efficiently and at scale.
Micron stock has dropped from levels of more than $1,200 and BofA analysts say there's a chance to buy at a discount.
Total Q2 earnings for the S&P 500 index are currently expected to be up +24.0% from the same period last year on +11.3% higher revenues, with expectations steadily increasing over recent months.
Bloomberg's Ed Ludlow breaks down mixed tech markets following US-Iran jitters, which revived risk-off sentiment and sent oil higher. Plus, OpenAI gets a $520 million credit line from Bank of America, while the ChatGPT maker prepares to roll out its most advanced model on Thursday.
LONDON, July 8, 2026 /PRNewswire/ -- Powered by Bank of America, the official bank of the FIFA World Cup 2026 and released during the tournament is a new short film Street of Dreams , which tells the story of a young girl whose life has been upended through homelessness but refuses to give up on her dream of playing soccer. Set to the new U2 track, also titled 'Street of Dreams', the film features Bank of America's Sports with Us Global Ambassador Sir David Beckham to tell an uplifting story about resilience, hope and the transformative power of sport.
Some industry leaders are reportedly eyeing a deal that could help them skirt around limits on how much they can charge for debit-card fees.
Big banks have reportedly been looking to acquire a payments processing network from Fiserv, and the financial technology firm's stock is getting a boost Tuesday on the news.
U.S. banks including JPMorgan and Bank of America have in recent months held preliminary discussions about a deal to acquire a network owned by the financial-technology company Fiserv , the Wall Street Journal reported on Monday, citing sources.
