| Price Range 12mo avg: | $700K – $6M |
|---|---|
| $/sf 12mo avg: | $493 |
| CAP Rate 12mo avg: | 5.75% |
| NOI average: | $150,000 |
| Lease Terms: | 15yrs NNN |
| Building Size avg: | 4,353 SF |
| Lot Size avg: | 1+/- acres |
Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and o ther financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 48 million consumer and small business relationships with approximately 4,800 retail banking offices and approximately 15,800 ATMs and award-winning online banking with 31 million active users and approximately 17 million mobile users. Bank of America is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
| S&P Credit Rating: | A- |
|---|---|
| Moody’s Credit Rating: | Baa2 |
| Annual Revenue 2014: | $85.1B |
| Annual Revenue 2013: | $89.8B |
| Revenue Growth: | ↓ 5.37% from 2013 |
| Net Income | $4.83B |
| Units (Mar. 2015) | 5,246 |
| Average Units Volume: | $1.62M |
The results for 2014 included an increase of $10.3 billion in litigation expense primarily as a result of charges related to the settlements with the U.S. Department of Justice (DoJ) and the Federal Housing Finance Agency (FHFA).
Yahoo! Finance: BAC News Latest Financial News for BAC
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Bank of America rolls out several digital banking updates
on December 14, 2018 at 7:18 pm
Charlotte-based Bank of America Corp. rolled out a slew of digital banking updates in the last week. […]
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UAA Sputters, Hemp Stocks Jump, & Robinhood Takes on Banks
on December 14, 2018 at 4:52 pm
Ryan McQueeney and Maddy Johnson discuss the latest trade war news, Under Armour's investor day, hemp legalization, and Robinhood's checking and savings accounts. […]
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Stocks - Wall Street Falls on Global Growth Concerns
on December 14, 2018 at 4:31 pm
The S&P 500 fell 27 points or 1% as of 9:30 AM ET (14:30 GMT), while the Dow decreased 189 points, or 0.7%, and the tech-heavy Nasdaq Composite slipped 88 points, or 1.2%. […]
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Top Donors to Trump's Inaugural Committee
on December 14, 2018 at 12:45 pm
[…]
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ECB takes over supervision of two banks leaving UK due to Brexit
on December 14, 2018 at 12:12 pm
The European Central Bank said on Friday it will take over supervision of the European operations of Barclays and Bank of America Merrill Lynch (BofAML) after they moved some businesses to Ireland from Britain because of Brexit. The two banks' Irish subsidiaries have previously been supervised by Irish authorities but their bigger size means they will now come under the ECB's watch. Bank of America announced this month that it had merged its UK banking entity into its Irish unit, employing over 800 people in Dublin and making the company its principal European banking entity. […]
NYSE: BAC
