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Bank of America Corporation (BAC)

NYSE - NYSE Delayed Price. Currency in USD
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23.72-0.52 (-2.15%)
At close: 4:00PM EDT

23.77 +0.05 (0.21%)
After hours: 6:11PM EDT

Bank of America Corporation

Bank of America Corporate Center
100 North Tryon Street
Charlotte, NC 28255
United States
704-386-5681
http://www.bankofamerica.com

Sector(s)Financial Services
IndustryBanks—Diversified
Full Time Employees211,225

Key Executives

NameTitlePayExercisedYear Born
Mr. Brian Thomas MoynihanChairman, CEO & Pres1.83MN/A1959
Mr. Paul M. DonofrioChief Financial Officer5.85MN/A1960
Mr. Thomas Kell MontagCOO & Pres of Global Banking and Markets8.97MN/A1957
Mr. Dean C. AthanasiaPres of Consumer & Small Bus.5.65MN/A1967
Mr. Geoffrey S. GreenerChief Risk Officer5.86MN/A1965
Ms. Catherine Pombier BessantChief Operations & Technology OfficerN/AN/A1960
Mr. Rudolf A. BlessChief Accounting OfficerN/AN/AN/A
Mr. Matthew M. KoderPres of Global Corp. & Investment BankingN/AN/AN/A
Ms. Andrea Bradley SmithChief Admin. OfficerN/AN/A1968
Mr. E. Lee McEntireSr. VP of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets segments. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions, as well as customized solutions, including specialty asset management services. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, fixed-income, and mortgage-related products. As of May 7, 2020, it served approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers; approximately 16,900 ATMs; and digital banking platforms with approximately 39 million active users. Bank of America Corporation was founded in 1784 and is headquartered in Charlotte, North Carolina.

Corporate Governance

Bank of America Corporation’s ISS Governance QualityScore as of October 6, 2020 is 1. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.