|Price Range 12mo avg:||$700K – $6M|
|$/sf 12mo avg:||$493|
|CAP Rate 12mo avg:||5.75%|
|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|
|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
Can Bank of America’s Global Markets’ Trading Continue in 2H17?
on May 29, 2017 at 2:36 pm
In 1Q17, BAC's Global Markets segment posted net income of $1.3 billion, as compared to $658 million in 4Q16 and $973 million in 1Q16. […]
How Bank of America’s Performance Could Benefit from Rising Interest Rates
on May 29, 2017 at 1:06 pm
BAC commanded an average yield of 2.96% on its total earnings assets of $1.9 trillion in 1Q17, as compared to 2.88% on $1.84 trillion in 1Q16. […]
What Bank of America Needs Most for Future Expansion
on May 29, 2017 at 11:36 am
BAC saw total assets of $2.25 trillion on March 31, 2017, as compared to $2.19 trillion on March 31, 2016, driven by higher deposits and lending activity. […]
Is The PBOC Stopping The Music On Bitcoin?
on May 29, 2017 at 12:58 am
Will a currency move from China be the catalyst to end the bitcoin run, as it did the runup in Chinese stocks two years ago? […]
Saudi Reserves Dip Below $500 Billion as BofA Sees Headwinds
on May 28, 2017 at 2:55 pm
Saudi Arabia’s net foreign assets dropped below $500 billion in April for the first time since 2011 even after the kingdom raised $9 billion from its first international sale of Islamic bonds. […]