• All
    companies
  • All
    industries
11 of 1000
BACKNEXT
11. Bank of America Corp.
Bank of America Corp.
Get Quote: BAC
Financials: Latest Results
Rank: 11 (Previous rank: 9)
Compare tool: Bank of America Corp. vs. Top 10
CEO: Kenneth D. Lewis
Address: 100 N. Tryon St.
Charlotte, NC 28255
Phone: 704-386-5681
Website: www.bankofamerica.com
Now that U.S. taxpayers own a nice chunk of it, Bank of America really is America's bank. Federal bailout notwithstanding, BofA is also the nation's biggest, with $1.8 trillion in assets.

The company's September decision to pick up ailing Merrill Lynch for $50 billion was celebrated as a masterstroke - until it became clear that Merrill's losses were a lot worse than anticipated. Now CEO Kenneth Lewis is trying to right the ship, keep top talent from defecting, and avoid even more government handouts. - Jennifer Reingold

  $ millions % change from 2007
Revenues 113,106.0 -5.1
Profits 4,008.0 -73.2
Assets 1,817,943.0 —
Stockholders' equity 177,052.0 —
Market value (3/27/2009) 46,986.2 —
Profits as % of  
Revenues 3.5
Assets 0.2
Stockholders' equity 2.3
Earnings per share  
2008 $ 0.55
% change from 2007 -83.3
1998-2008 annual growth rate % -9.2
Total return to investors %
2008 -62.9
1998-2008 annual rate -3.1
Rank Company 500
rank		 Revenues
($ millions)
1 Bank of America Corp. 11 113,106.0
2 Citigroup 12 112,372.0
3 J.P. Morgan Chase & Co. 16 101,491.0
4 Morgan Stanley 30 62,262.0
5 Goldman Sachs Group 40 53,579.0
6 Wells Fargo 41 51,652.0
7 GMAC 66 35,445.0
8 American Express 74 31,877.0
9 U.S. Bancorp 129 19,229.0
10 Capital One Financial 145 17,868.5
11 Bank of New York Mellon Corp. 156 16,355.0
12 State Street Corp. 206 12,922.0
13 SunTrust Banks 211 12,800.8
14 BB&T Corp. 260 10,404.0
15 PNC Financial Services Group 278 9,680.0
16 Regions Financial 280 9,636.6
17 Fifth Third Bancorp 302 8,554.0
18 KeyCorp 382 6,499.0
19 CIT Group 397 6,228.9
20 Northern Trust Corp. 430 5,677.9
21 M&T Bank Corp. 535 4,216.6
22 Marshall & Ilsley Corp. 550 4,025.8
23 Comerica 559 3,944.0
24 Huntington Bancshares 611 3,505.5
25 Zions Bancorp. 666 3,164.6
26 Popular 670 3,134.9
27 First Horizon National Corp. 676 3,098.0
28 Synovus Financial Corp. 823 2,292.8
Issue date: May 4, 2009
Acquired Merrill Lynch (2008 rank: 150), Jan. 1, 2009, and Countrywide Financial (2007 rank: 104), July 1, 2008.
See Bank of America Corp. in...
...Featured Companies
...Top 50 Headquarters
MAPS
What Readers Say
They speak out on Exxon Mobil and other 500 companies...
After the sound. In the air, with the voice of a clarinet, I he...
 
I just don't understand how the oil companies can make so much in p...
 
This is My response to YOU, who is a coward and have chosen your IDE...
 
Have your say
Find your top companies
 High revenue growth  High profit growth
 High EPS growth  High return to investors
 Top 5 in its industry  Best company to work for
 Big employer  Small employer


Download the Fortune 500
(HOW THIS TOOL WORKS)

Video
Top 3

Rank # of Fortune 500 Companies
Texas 64
New York 56
California 51
See the rest
Company 2008 $ (millions)
Exxon Mobil $45,220.0
Chevron $23,931.0
Microsoft $17,681.0
See the rest
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map
RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections
| Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council

Please create a screen name to access this feature.

Screen name (Select one with 3-12 characters; Numbers and letters only)


Forgot password

Enter your e-mail address below and we will send you an e-mail with a link and code to reset your password.

E-mail

Already have the reset code?

Password selection

E-mail

Reset code

New password

Log in & let's get started!

E-mail

Password

Forgot password?


Not a member yet?

Sign up now for a free account

Sign up or log in

Screen name

Select one with 3-12 characters;
Numbers and letters only

E-mail

Make sure you typed it correctly.
You will receive an e-mail to validate your account

Password

Make it 6-10 characters, no spaces

We're Sorry!

This service is temporarily unavailable. Please try again soon.


 

 


Thanks!

Please check your e-mail and click the link to confirm your membership. Then, you'll be ready to participate in all activities and conversations on our site.

Go to your Profile page


Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer
LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer.
Morningstar: © 2010 Morningstar, Inc. All Rights Reserved. Disclaimer
The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2010 is proprietary to Dow Jones & Company, Inc
Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
FactSet Research Systems Inc. 2010. All rights reserved.