| 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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The Suspension of Buybacks Will Reveal Who Was Swimming Naked
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Companies are being forced to cut back on shareholder distributions, but this could be a blessing in disguise Continue reading... […]
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Bankers to small businesses: Don't do these things if you want to qualify for SBA loan relief program (PPP)
on April 6, 2020 at 7:03 pm
More than $38 billion in loans already have been approved by the U.S. Small Business Administration under the Paycheck Protection Program. […]
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US STOCKS-Wall St surges on hopes of slowing coronavirus deaths
on April 6, 2020 at 7:00 pm
The Dow Jones Industrial Average rose 1,232.49 points, or 5.85%, to 22,285.02, the S&P 500 gained 139.16 points, or 5.59%, to 2,627.81 and the Nasdaq Composite added 415.36 points, or 5.63%, to 7,788.44. All 30 Dow components were in positive territory, led by a gain of 17.54% in Boeing shares, while the defensive utilities, up 7.59%, was the best performing of the 11 major S&P sectors. The S&P 500 banking index jumped 6.78% and was poised for its best day in more than a week. […]
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US STOCKS-S&P 500 set to recover $1 trillion in value as virus deaths slow
on April 6, 2020 at 5:54 pm
The S&P 500 was on track to recover about $1 trillion in market value in a furious rally on Monday after a drop in the daily death toll in New York, the country's biggest coronavirus hot spot, raised hopes that the pandemic could level off soon. All three main stock indexes jumped more than 5%, with the blue-chip Dow Industrials adding 1,200 points. The S&P 500 banking index jumped 7.2% and was set for its best day in more than a week. […]
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How Charlotte's biggest banks are faring after chaotic start to $349B Paycheck Protection Program
on April 6, 2020 at 5:43 pm
It's another day for the Paycheck Protection Program, as lenders forge ahead despite the initial chaos of Friday's launch. […]
NYSE: BAC
