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Q2 2024

Bank of America
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Q2 2024

16 Jul, 2024
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AGM 2024

24 Apr, 2024
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One of the largest banks in the world

Bank of America is one of the largest banks in the world, with over 4,600 retail financial centers and a presence in more than 35 countries. The company offers a wide range of financial products and services to consumers, small businesses, and large corporations.

Bank of America generates the majority of its revenue from consumer banking, including mortgages, credit cards, and personal loans. The company's retail financial centers are a popular destination for consumers looking to manage their finances, and Bank of America's mobile banking app is one of the most popular in the industry.

Involved in large financial transactions

In addition to its consumer banking operations, Bank of America also offers a range of corporate and investment banking services, including investment banking, wealth management, and trading services. The company is a major player in the global financial markets and has been involved in some of the largest financial transactions in history, including the merger of AT&T and Time Warner.

Bank of America’s main competitors

The financial industry is highly competitive, with other public companies such as JPMorgan Chase, Citigroup, and Wells Fargo also offering similar services. Bank of America is known for its commitment to corporate social responsibility, including investments in renewable energy and affordable housing.

Interesting facts about Bank of America

  • Bank of America was originally founded in San Francisco in 1904 as the Bank of Italy, with a focus on serving immigrant communities.

  • The company was a major player in the development of the modern credit card industry, by launching the first general-purpose credit card in 1958.

  • Bank of America is also known for its iconic skyscraper, the Bank of America Tower, which is one of the tallest buildings in the United States. The tower is home to Bank of America's corporate headquarters and features a range of sustainable design features, including rainwater harvesting and energy-efficient lighting systems.

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Q2 2024

Bank of America Corporation
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Ticker symbol
BAC
Country
🇺🇸 United States