Bank of America Corp
BAC
ISIN null / Valor 748628
Bank of America Corp
UMushroom community rating:
About company
Bank of America Corporation, a leading financial institution, operates a diverse range of services across banking, investment, and financial management sectors. As a major player in the global financial landscape, it offers a comprehensive suite of products and services through its various subsidiaries. Merrill Lynch, Pierce, Fenner & Smith Incorporated, a wholly-owned subsidiary, provides investment products and services, acting as a registered broker-dealer and investment adviser. Bank of America, N.A., another key subsidiary, delivers trust, fiduciary, and traditional banking services, while also offering insurance and annuity products through Merrill Lynch Life Agency Inc. The corporation's global banking and markets division, branded as "Bank of America," engages in lending, derivatives, and commercial banking activities, supported by its extensive network of banking affiliates. Additionally, the company provides investment banking services, including securities and strategic advisory, on a global scale. Bank of America is committed to leveraging technology, as evidenced by its mobile banking app, which includes features like Erica®, to enhance customer experience and accessibility.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (03.09.2025):
Bank of America Corp reported strong financial results for the first quarter of 2025, showcasing significant growth in net income and revenue. The company demonstrated robust performance across various business segments, maintaining a strong balance sheet with approximately $2 trillion in ending deposits.
Net Income and Earnings Per Share
Bank of America Corp achieved a net income of $7.4 billion in Q1 2025, up from $6.7 billion in the same period last year. Earnings per share increased to $0.90, compared to $0.76 in Q1 2024.
Revenue Growth
Total revenue rose by 6% year-over-year to $27.4 billion. This growth was driven by increases in noninterest income across all segments and higher net interest income.
Net Interest Income
Net interest income reached $14.4 billion in Q1 2025, a 3% increase from the first quarter of 2024. On a fully taxable-equivalent basis, it was $14.6 billion.
Strong Balance Sheet
The company maintained a strong balance sheet with approximately $2 trillion in ending deposits at the end of Q1 2025. Average deposits grew for the seventh consecutive quarter, totaling nearly $2 trillion.
Consumer Banking Performance
In the Consumer Banking segment, net income was $2.5 billion with revenue up 3% to $10.5 billion. The segment benefited from higher net interest income, service charges, and card income.
Global Markets and Investment Banking
Global Markets reported a net income of $1.9 billion, marking its 12th consecutive quarter of growth. Investment banking fees totaled $1.5 billion, maintaining the company’s position as a top-tier investment banking firm.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
379828 M
Market cap (USD)
48,915,375
Daily traded volume (Shares)
44.14 / 43.56
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
Martin Unold
Thierry Tomezzoli
Igor Jovicic
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