Bank of America

One of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services

Launch date

1956

Employees

Market cap

Net debt

($29.1b)

Firm valuation

€246.2b (Public information from Aug 2022)

Charlotte North Carolina (HQ)

http://bankofamerica.com/index.cfm?page=corp

https://twitter.com/bofa_help https://www.linkedin.com/company/bank-of-america/https://apps.apple.com/app/id1159441734 https://play.google.com/store/apps/details?id=com.infonow.bofa

Corporate Venture Fund: Bank of America Merrill Lynch, Bank of America Merrill Lynch

Revenues, earnings & profits over time

USD	2016	2017	2018	2019	2020	2021	2022E
Revenues	-	88.3b	91.9b	91.8b	86.0b	87.6b	91.3b
% growth	-	-	4 %	-	(6 %)	2 %	4 %
Profit	-	16.6b	26.7b	26.0b	16.5b	28.2b	24.7b
% profit margin	-	19 %	29 %	28 %	19 %	32 %	27 %
EV / revenue	-	3.5x	2.6x	3.5x	3.0x	4.1x	3.7x

Date	Investors	Amount	Round
Jan 1978	N/A	N/A	IPO
May 2020	PIF Public Investment Fund	$487m	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

exited

ACQUISITION by GSI Commerce Mar 2011

BUYOUT by Kick Start Management Nov 2019

Parametric Sound

ACQUISITION by Turtle Beach Aug 2013

ACQUISITION by BroadSoft Dec 2008