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Bank of America
AddedMar 19, 2024
UpdatedJul 16, 2026
Bank of America

Bank of America

Public

Bank of America provides consumer banking, cards, wealth management and business financial services.

HQ
Charlotte, NC, US
Founded
1904
Overview
Analysis
Compare
Fundraising
Employees
News
Website

Bank of America is a Charlotte-based financial services company serving consumers, small businesses, corporations and institutional clients. Its offerings include checking and savings accounts, credit cards, lending, Merrill wealth management, commercial banking, treasury services and markets capabilities.

The company operates through Bank of America, Merrill and related businesses across digital, branch and advisory channels. It competes with large U.S. banks across everyday banking, cards, wealth advice, payments and commercial financial services.

Bank of America - Products & Services

  • Bank of America Commercial Banking logo

    Bank of America Commercial Banking

    Bank of America Commercial Banking serves companies with banking solutions.

    Competing Products

    Citi logo
    JPMorgan Chase logo
    Wells Fargo logo
  • Merrill Wealth Management logo

    Merrill Wealth Management

    Merrill Wealth Management provides advisory and investment management services.

    Competing Products

    Citi logo
    JPMorgan Chase logo
    Morgan Stanley logo
    Wells Fargo logo
  • Bank of America Credit Cards logo

    Bank of America Credit Cards

    Bank of America Credit Cards is Bank of America's consumer card portfolio.

    Competing Products

    JPMorgan Chase logo
    Citi logo
    Wells Fargo logo
  • Bank of America Advantage Banking logo

    Bank of America Advantage Banking

    Bank of America Advantage Banking is Bank of America's main checking lineup.

    Competing Products

    JPMorgan Chase logo
    Citi logo
    Washington Mutual logo
    Wells Fargo logo
  • Investment Banking logo

    Investment Banking

    Bank of America Merrill Lynch Investment Banking provides M&A advisory and capital markets services for corporate and institutional clients.

Bank of America - Similar Companies

Morgan Stanley logo

Morgan Stanley

morganstanley.com

JPMorgan Chase logo

JPMorgan Chase

Wells Fargo logo

Wells Fargo

wellsfargo.com

Citi logo

Citi

citi.com

Washington Mutual logo

Washington Mutual

wamu.com

Bank of America - Quick Facts

Who are Bank of America's competitors?

Companies similar to Bank of America include Morgan Stanley, JPMorgan Chase, Wells Fargo and Citi.

When was Bank of America founded?

Bank of America was founded in 1904.

Where is Bank of America's headquarters located?

Bank of America's headquarters is located in Charlotte, NC, US.

When was Bank of America's last funding round?

Bank of America's most recent funding round was for $400M (USD) in July 2020.

How much has Bank of America raised to-date?

As of Jul 28, 2020, Bank of America has raised a total of $1.2B (USD).

How many employees does Bank of America have?

Bank of America has 213,200 employees as of Feb 24, 2026.

Bank of America - Classification

Ownership
  • Public
Technology
  • Mobile Banking
  • Payments
Geographic Exposure
  • Americas United States
Model
  • Direct Sales
  • Direct To Consumer
Revenue
  • Fees
  • Transactional Commission
Customer
  • Enterprises
  • Individuals
Tags
  • Banking
  • Payments
Unique IDs
  • secCik: 0000070858
  • ticker: BAC
  • ticker: BAC-PB
  • ticker: BAC-PE
  • ticker: BAC-PK
  • ticker: BAC-PL
  • ticker: BAC-PM
  • ticker: BAC-PN
  • ticker: BAC-PO
  • ticker: BAC-PP
  • ticker: BAC-PQ
  • ticker: BAC-PS
  • ticker: BACRP
  • ticker: BML-PG
  • ticker: BML-PH
  • ticker: BML-PJ
  • ticker: BML-PL
  • ticker: MER-PK
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6000Depository Institutions
  • 6020Commercial Banks
  • 6021National Commercial Banks
ISIC
  • 6419Other monetary intermediation
  • 6492Other credit granting
Show 15 more industry codes
NAICS
  • 522200Nondepository Credit Intermediation
  • 522210Credit Card Issuing
  • 523100Securities and Commodity Contracts Intermediation and Brokerage
  • 523150Investment Banking and Securities Intermediation
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 6210Security Brokers, Dealers, And Flotation Companies
  • 6211Security Brokers, Dealers, And Flotation Companies
  • 5000Wholesale Trade-durable Goods
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6700Holding And Other Investment Offices
  • 6720Investment Offices
  • 6722Management Investment Offices, Open-end