|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
Weekly Top Insider Buys Highlight for the Week of April 28
on April 30, 2017 at 4:36 pm
Largest Insider Buys were for General Electric Co, Bank of America Corporation, Charles Schwab Corp, and United Continental Holdings Inc. […]
Daniel Loeb's Value-Seeking Journey
on April 30, 2017 at 4:30 pm
This guru investor has gone from being a brash activist to an observer of the really big pictur […]
How Satisfied Are Bank of America’s Customers?
on April 29, 2017 at 12:28 pm
It depends on where they live. […]
Bank Stock Roundup: Q1 Earnings in the Last Phase, SunTrust & Fifth Third Beat Estimates
on April 28, 2017 at 8:28 pm
Over the last five trading days, performance of banking stocks was bullish. Decent Q1 earnings for banks and their upbeat outlook cheered the investors. […]
Deferred Tax Assets: What Are They and Why Do They Matter for Banks?
on April 28, 2017 at 2:41 pm
These otherwise esoteric assets are a big deal right now at Bank of America and Citigroup. […]