| 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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See what the IHS Markit Score report has to say about Bank of America Corp.
on October 20, 2018 at 12:00 pm
This could indicate that investors who seek to profit from falling equity prices are not currently targeting BAC. Over the last one-month, outflows of investor capital in ETFs holding BAC totaled $2.05 billion. […]
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Bank of America (BAC) Gains As Market Dips: What You Should Know
on October 19, 2018 at 9:45 pm
Bank of America (BAC) closed the most recent trading day at $28.32, moving +0.25% from the previous trading session. […]
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China's slowdown casts light on understated exposure at largest US banks
on October 19, 2018 at 7:45 pm
The big four banks have low direct exposure to a slowing Chinese economy, but the interconnectedness of the global economy means that the banks still face a lot of secondary risk. […]
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US home sales fell in September to slowest pace in 3 years
on October 19, 2018 at 5:41 pm
The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally adjusted annual rate of 5.15 million. Hurricane Florence dragged sales in North Carolina, but even excluding the storm's effects, sales would have fallen more than 2 percent, the NAR said. After reaching the highest level in a decade last year, sales of existing homes have declined steadily in 2018 amid rapid price increases, higher mortgage rates and a tight supply of available houses. […]
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What the Permian Oil Boom Looks Like
on October 19, 2018 at 4:05 pm
Artesia is at the northwestern edge of what is known as the Permian Basin, named for the geologic period that came right before the Triassic and the Jurassic (which, as a childhood dinosaur fanatic, I find useful as context) and left a whole lot of marine organic matter across West Texas and southeastern New Mexico that spent the next 252 million years turning into oil and natural gas. Humans drilled the first successful oil well in the Texas part of the Permian in 1921, and the first big New Mexico strike came in 1928. […]
NYSE: BAC
