| 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
-
[$$] Three key questions for investors about China
on July 19, 2017 at 11:55 pm
China has slipped down the list of the fears nagging investors. A sudden restriction in the supply of new Chinese lending topped the list of so-called "tail risks" identified by professional ... […]
-
Bank of America Halts Deals With HNA Amid Debt Concerns
on July 19, 2017 at 10:45 pm
Bank of America Corp. has told investment bankers to stop working on transactions with HNA Group Co. for now amid growing concerns about the acquisitive Chinese conglomerate’s debt levels and ownership ... […]
-
U.S. Banks With the Most Branches
on July 19, 2017 at 5:41 pm
Branch banking may have taken a hit from the growth of online and mobile banking apps, but branches continue to play a major role in the way people access financial products. […]
-
Why Morgan Stanley (MS) Stock Isn’t As Glamorous As It Appears
on July 19, 2017 at 4:51 pm
For the most part, big banks have struck out this earnings season. Meanwhile, the flattening of the yield curve has weighed on net interest income. The bank reported only moderate declines in trading revenue, while other segments, like wealth management and investment banking, performed quite well during the quarter. […]
-
Digital continues to define Bank of America's future
on July 19, 2017 at 3:43 pm
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and... […]
NYSE: BAC
