
BAC
Bank of America CorporationPrice History
Key Metrics
Bank of America Corporation is a Delaware corporation, a bank holding company (BHC) and a financial holding company. It is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments. The company provides a full range of banking, investing, asset management, and other financial and risk management products and services through multiple distribution channels.
The company generates revenue primarily through net interest income, which is the difference between interest earned on assets (such as loans and debt securities) and interest paid on liabilities (such as deposits and borrowings). It also generates significant noninterest income from fees and commissions related to asset management, brokerage, investment banking, trading, and transaction processing services. Its primary geographic market is the United States, with additional operations in Europe, the Middle East, Africa, Asia, and Latin America.