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  • Rank80
  • Previous Rank66
  • CEO
    Brian T. Moynihan
  • Address
    100 N. Tryon St., Charlotte, NC 28255
  • Websitehttp://www.bankofamerica.com
  • Industry
    Commercial Banks

Bank of America’s shareholders are still waiting for a true turnaround. Its stock has lagged the market recently, and is still down 70% from its pre-financial crisis peak. The good news is that much of the fines it has had to pay related to the late 2000s era are behind it. And the Merrill Lynch deal has added important heft in financial markets. But the bank, despite repeated restructuring efforts, is still the one of the least efficient of the big banks. Revenue, too, was down in 2014. For CEO Brian Moynihan, 2015 is probably a make it or break it year to show that his plan to use the banks branches to sell more products can really boost sales and profitability.

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Company Information

CEO
Brian T. Moynihan
Industry
Commercial Banks
Sector
Financials
HQ Location
Charlotte, NC
Websitehttp://www.bankofamerica.com
Years on List21

Key Financials (last fiscal year)

($ Millions)% change
Revenues95,181-6.4%
Profits4,833-57.7%
Assets2,104,534-
Employees223,715-

Profits as a % of

Profit as % of Revenues5.1%
Profits as % of Assets0.2%
Profits as % of Stockholder Equity2%