Bank of America

BAC is the ticker symbol for Bank of America, a company classified under the Diversified Banks industry within the broader Financials sector.

Bank of America is a formidable financial titan with a $3.5 trillion balance sheet and a cornerstone of the American economy, holding the second-largest deposit market share in the United States. While the firm has maintained its stronghold among middle-market and retail clientele domestically, Bank of America has continued to hold its own on the global stage, as evidenced by its fourth-largest global trading operation and an investment banking division that regularly finishes in the top four in global league tables. The firm is organized across four segments: consumer banking, global wealth and investment management, global banking, and global markets.

Key metrics include a return on equity of 2.9%, a debt-to-equity ratio of 10.63.

The company reports trailing twelve-month revenue of $30.27B and net income of $8.58B.

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