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  • BANK OF AMERICA CORPORATION Profile

    Welcome to the machine. The second-largest bank in the US by assets (behind Citigroup), Bank of America boasts the country's most extensive branch network, with more than 6,100 locations covering some 30 states from coast to coast. Its core services include consumer and small business banking, credit cards, investment banking and brokerage, and asset management. In 2007 Bank of America bought U.S. Trust from Charles Schwab for more than $3 billion and acquired Chicago-based LaSalle Bank from Netherlands-based ABN AMRO for some $21 billion. Also that year the company made a $2 billion investment in Countrywide Financial, and in early 2008 agreed to buy the troubled company for some $4 billion in stock.
    Kenneth D. Lewis
    CEO
    100 N. Tryon St., Bank of America Corporate Center

    Charlotte, NC 28255

    http://www.bankofamerica.com

    Phone: 704-386-5681

    Fax: 704-386-6699
    Sector: Financial Industry: Banking
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $124,321,000,000 6.2% $14,982,000,000 210,000
  • Key Executives: BAC

    Name Title Officer Since
    Kenneth D. Lewis CEO 1/1/99
    Joe L. Price CFO -
    Amy Woods Brinkley Chief Risk Officer -
    Neil A. Cotty Chief Accounting Officer -
    Liam E. McGee Divisional President -
    Brian T. Moynihan Divisional President -
    General Tommy R. Franks Director 1/25/06
    Gary L. Countryman Director 4/1/04
  • Top Competitors: BAC

  • Insider Trends: BAC

    Sentiment for BAC is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: BAC

    Date Name Shares Transaction Type Market Value
    05/02/08 BARNET WILLIAM III 11,000 Purchase $445,255.00
    04/23/08 SLOAN O TEMPLE JR 4,340 Award of Stock Options $159,972.40
    04/23/08 BARNET WILLIAM III 4,340 Award of Stock Options $159,972.40
  • Ownership Breakdown : BAC

    Large Block Holder Type Number  
    Institutions 1,821.00
     
    Mutual Fund 3,415.00
    Other Major 27.00
  • Short Interest Volume: BAC

    Data as of 4/25/08
    Current Short Interest Shares 64.93 M
    Current Short Interest Ratio 1.70
    Float 4.42 B
    Short Interest as % of Float 1.60
    Average Daily Volume 36.41 M
    Outstanding Shares 4.45 B