| 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 Weighs Moves to Paris, Frankfurt, Dublin
on August 23, 2017 at 3:41 pm
Aug.23 -- Bloomberg’s Laura Keller discusses internal debates within Bank of America as to where there financial hub will be located. She speaks with Bloomberg's Mark Barton and Vonnie Quinn on "Bloomberg Markets." […]
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Wednesday’s Vital Data: Lowe’s Companies, Inc. (LOW), Salesforce.com, Inc. (CRM) and Snap Inc (SNAP)
on August 23, 2017 at 1:37 pm
U.S. stock futures are trading broadly lower this morning, as yesterday’s rally evaporated overnight. Traders are considerably more risk averse this morning, with the Federal Reserve’s meeting at Jackson Hole on tap and President Donald Trump threatening to shut down the government in order to secure funding for the Mexico border wall. As a result, Dow Jones Industrial Average futures have fallen 0.34%, Nasdaq-100 futures have dropped 0.45% and S&P 500 futures have shed 0.42%. […]
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Bank of America Corp (BAC) Can’t Deliver Where It Counts Most
on August 22, 2017 at 5:11 pm
Bank of America Corp (NYSE:BAC) is a Top 25 “Dividend Giant” according to ETF Channel because of its healthy dividend yield of 2%, its history of raising dividends and its growing business. Take the five big Canadian banks, including the likes of Royal Bank of Canada (NYSE:RY) and Bank of Montreal (USA) (NYSE:BMO). Together, their average dividend yield is 4% — almost double Bank of America. […]
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Baker Hughes equals 2009 low
on August 22, 2017 at 4:59 pm
The CNBC iq100 index it tracks big cap companies that get most of their revenue from their own intellectual property. Some of today's leaders include Western Digital, DXC Technology, Bank of America and Broadcom. On the down side, Baker Hughes hitting ... […]
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Stocks are flashing a bigger warning sign than they did for Brexit and the US election
on August 22, 2017 at 4:34 pm
Alarm bells for the US stock market are getting louder. Almost 8% of the companies in the S&P... […]
NYSE: BAC
