Bank of America Corp.

Bank of America Corp.

Bank of America Corp.

Overview
Date Founded

1998

Headquarters

Bank of America Corporate Center, 100 North Tryon Street, Charlotte, NC, 28255, USA

Type of Company

Public

Employees (Worldwide)

208K

Industries

Retail & Commercial Banking
Accounting & Financial Services
Holding Companies
Consumer Finance
Investment Banking & Brokerage

Company Description

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

Contact Data
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Executives & Employees

Chief Executive Officer

Chief Financial Officer

Chief Operations Officer & Chief Technology Officer

Chief Operating Officer

Global General Counsel

Chief Risk Officer

Chief Risk Officer

Chief Accounting Officer

Chief Audit Executive

Chief Human Resources Officer

Board of Directors

Chief Executive Officer at Bank of America Corp.

President, Chief Executive Officer & Director at Carnival Plc

Limited Partner at Lead Edge Capital Management LLC

Former President & Chief Executive Officer at Boston Edison Co.

President & Chief Executive Officer, College Futures, Latinos & Society Program at The Aspen Institute, Inc.

Former Regional Managing Partner at Deloitte LLP

Chief Operating Officer at Galen of Florida, Inc.

Former President at Calvert Hall College High School

Vice President for Research at Massachusetts Institute of Technology

Former Vice Chairman at United States Air Force Academy Endowment

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Bank of America Corp.
Owners & Shareholders
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Berkshire Hathaway employs the value investing principles of Benjamin Graham. Their investment approach focuses on buying shares of companies as a long-term investment. The firm seeks to invest in businesses that are easy to understand and have high ROE, exceptional management teams and limited debt. Rather than a diversified stock portfolio, Berkshire Hathaway invests in a small number of trusted investments that are overweighed in order to leverage the expected returns. The firm owns stock in a diverse group of over 50 public and private companies in wide range of industries including, but not limited to, manufacturing, retail, energy and finance. Investments are typically financed using the float from Berkshire Hathaway, Inc.'s insurance operations. Securities are sold when the firm no longer feels comfortable with the fundamentals of a company.

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The Vanguard Group is an American investment management company based in Malvern, Pennsylvania, that manages approximately $3.4 trillion[1] in assets. It is the largest provider of mutual funds and now the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock, with about $451 billion in ETF assets under management, as of March 2015.[3] It offers mutual funds and other financial products and services to retail and institutional investors in the United States and abroad. Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors,[4] the popularization of index funds generally,[5] and driving costs down across the mutual fund industry.

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SSgA FM's methods of analysis include quantitative, fundamental, technical, cyclical, indexing, arbitrage, charting and other strategy specific methods. They offer a broad range of strategies including: Active, Enhanced, and Passive Equity; Active & Passive Debt; Cash Management; Multi-Asset Class Solutions; Real Estate (including Direct Real Estate); Senior Loans; Managed Futures; and Private Equity. Active equity strategies include enhanced equity and active quantitative strategies. The strategies cover market-cap and style segments of the market including: large-cap core, large-cap growth, large-cap value, mid-cap, small-cap, small-cap value, all-cap, and long-short equity. They also manage long-short and long-short market neutral strategies. SSgA FM's Active & Passive Debt strategies offers a range of investment styles from passive to active, short to long duration, tax-exempt, sovereign to high yield, and single country to global. The firm's Cash Management strategies seek to generate current income while preserving capital and liquidity by investing in diversified portfolios of short-term securities. SSgA FM's Multi-Asset Class strategies employ an asset allocation model as means of diversification and seek to position assets among major investment categories. Their Multi Asset Class Solutions strategies employ an asset allocation model as a method of diversification that aims to position assets among major investment categories. SSgA FM's Managed Futures strategy allocates assets using two approaches: a managed futures strategy and a fixed income strategy. The firm's Private Equity strategies focus on rigorous partner selection, thorough evaluation of quality investment opportunities, and fundamental, research-driven research.

Recent Transactions
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Assicurazioni Generali SpA purchases Lumyna Investments Ltd. from Bank of America Corp.

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Institutional Capital Network, Inc. purchases Bank of America Corp. /Feeder Fund Operations from Bank of America Corp.

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North American Financial 15 Split Corp. issued CAD Common Shares

Transaction Clients
Investment Advisor

Advised on LIXIL Group Corp., INAX Corp. purchase A-S China Plumbing Products Ltd. from Bain Capital LP

Investment Advisor

Advised on Blackstone Real Estate Advisors, The Blackstone Group, Inc. purchase Equity Office Properties Trust

Investment Advisor

Advised on Constellation Brands, Inc. purchases Crown Imports LLC from Grupo Modelo SAB de CV, Anheuser-Busch InBev SA (Inactive)

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onBank of America Corp. purchases ABN AMRO North America Holding Co. from ABN AMRO Holding NV

Accountant

Advised onBank of America Corp. purchases FleetBoston Financial Corp.

Investment Advisor

Advised onBank of America Corp. purchases FleetBoston Financial Corp.

Legal Advisor

Advised onBank of America Corp. purchases ABN AMRO North America Holding Co. from ABN AMRO Holding NV

Legal Advisor

Advised onBaker Hughes, a GE Co. LLC purchases BJ Services Company LLC

Legal Advisor

Advised onBank of America Corp. purchases ABN AMRO North America Holding Co. from ABN AMRO Holding NV

Advisors & Consultants
Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Legal Advisor

Partner at Jones Day

Clients

BlackRock is trusted to manage more money than any other investment firm. Their business is investing on behalf of their clients — from large institutions to parents and grandparents, teachers, nurses, doctors and people from all walks of life who entrust their savings to them. They are passionate about their work and intensely focused on performing at the highest levels. To get there, they strive to out-think and out-work competitors and find the best balance of risk and return across all investment styles on behalf of their clients.

Marcus & Millichap, Inc. engages in the provision of investment real estate brokerage services. It specializes in commercial real estate investment sales, property financing, research, and advisory services. The company was founded by George M. Marcus and William A. Millichap in 1971 and is headquartered in Calabasas, CA.

Cardtronics plc engages in the provision of automated consumer financial services through automated teller machines and multi-function financial services kiosks. It operates through the following geographical segments: North America, Europe & Africa, and Australia & New Zealand. The North America segment represents automated teller machine (ATM) operations in the Unites States, Puerto Rico, Canada, and Mexico. The Europe & Africa segment caters the United Kingdom, Ireland, Germany, Spain, and South Africa. The Australia & New Zealand segment includes ATM operations in Australia and New Zealand. The company was founded in 1993 and is headquartered in Houston, TX.

Key Stats and Financials As of 2019
Market Capitalization
$172B
Total Enterprise Value
$628B
Earnings Per Share
$2.75
Revenue
$114B
Net Profit
$27.4B
Total Equity
$265B
Enterprise Value Sales
5.52x
TEVNet Income
22.88x
Debt TEV
0.7x
Total Debt
$440B
Three Year Compounded Annual Growth Rate Of Revenue
6.57%
Five Year Compounded Annual Growth Rate Of Revenue
2.99%
Non-Profit Donations & Grants
$1,000 - $2,499
2018
Investments
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F2i is an active manager with the aim to invest in Italian companies. The firm targets sectors such as transportation infrastructure (ports, airports, motorways, freight terminals/logistics infrastructure, railways and rail terminals); transportation and distribution networks for electricity, gas and water (as well as storage); media and telecommunications networks; renewable and conventional energy power plants; healthcare local public services and social infrastructure and activities related to these sectors.The firm constructs a diversified portfolio, seeking majority or significant minority stakes in their investee companies so as to be able to exercise a significant role in their corporate governance. Their Investment Committee, composed of F2i investment team members and infrastructure experts appointed by the Board of Directors, examines and evaluates investment proposals presented by F2i management and, if approved, submits them to the Board of Directors for final approval.F2i's investments in companies belonging to the same group, in greenfield investments, in European Union Member States or in listed financial instruments are limited and require waivers approved by the Advisory Committee, to be exceeded.

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FX Alliance LLC operates as a holding company with interest in providing electronic foreign exchange trading solutions. Its proprietary technology platform enables it to deliver reliable FX price discovery, trade execution and automation of pre-trade and post-trade transaction workflow with access to a deep pool of liquidity from banks and other liquidity providers. FX Alliance comprehensive suite of electronic FX trading products, including FX spot, FX forwards, FX swaps and non-deliverable forwards are used by asset managers, banks, broker-dealers, corporations, hedge funds, prime brokers and other institutions worldwide. The company's platform supports the over-the-counter trading of gold and silver on a spot, forward or swap basis and provides access to bank deposits. FX Alliance offers single point access to multiple execution mechanisms, including collaborative trading, request for stream, continuous streaming prices, and an anonymous electronic communication network, as well as execution mechanisms proprietary to specific liquidity providers. It offers institutional clients with 24-hour direct access, five days per week to the foreign exchange market, which is a liquid financial market. The company was founded on September 22, 2006 and is headquartered in New York, NY.

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The Tokyo Star Bank Ltd. provides commercial banking services. Its services include deposits, loans, domestic and foreign exchanges, securities, and brokerage services. The company was founded on June 11, 2001 and is headquartered in Tokyo, Japan.

Investors
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Life Peer at United Kingdom House of Lords

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Former Chief Executive Officer at SIFCO Industries, Inc.

Suppliers
R.R. Donnelley & Sons Co. Computer Software | Chicago, IL

RR Donnelley (Nasdaq:RRD) is a global provider of integrated communications. The company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, drive top line growth, enhance ROI and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing services to clients in virtually every private and public sector.

Total System Services LLC IT Consulting & Services | Columbus, GA

38 million times each day, the people of TSYS® improve lives and businesses across the world by processing a payment. We make it possible for millions of people to move money between the world's buyers and sellers. Offering merchant payment-acceptance solutions as well as services in credit, debit, prepaid, mobile, chip, healthcare and more, we make it possible for those in the global marketplace to conduct safe and secure electronic transactions with trust and convenience. TSYS' headquarters are located in Columbus, Georgia, U.S.A. with local offices spread across the Americas, EMEA and Asia–Pacific. TSYS provides services to more than half of the top-20 global banks. In a bygone era, general store merchants greeted their customers by name and spent a minute or two in conversation before processing the transaction, which was a simple exchange of merchandise for cash. As customers selected their products, the merchants learned their preferences – both benefiting from the relationship. Since then, transactions have evolved dramatically. Technology has extended the reach, scale and velocity of every transaction in the global payment chain. In this complex process, it's easy to lose sight of that basic relationship. At TSYS (Total System Services, Inc.®), we believe it's possible to create more value in those relationships than ever before. That's because we believe that payments should revolve around people, not the other way around.

Publicis Groupe SA Hospitals & Patient Services | Paris, France

Publicis Groupe SA engages in the advertising industry. Its services include customer relationship management, direct marketing, sales promotion, events management, public relations, and corporate, multicultural and financial communications. The company was founded by Marcel Bleustein-Blanchet in 1926 and is headquartered in Paris, France.

Awards & Honors
Rank #26
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #26
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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