Bank of America is a large bank that works on the retail side, as well as investing and large banking side of the financial world. Bank of America is certainly to have the presence felt in almost every part of banking. We as retail finance people know them for credit card and traditional brick and mortar buildings. Also, people may choose to use them for investing and other retirement activities. There are many different avenues you could take a brief overview of a financial company this large, but for this, we?ll try to keep it as general as possible. [more
Bank of America Corporation (BAC) is traded on New York Stock Exchange in USA. It is located in NORTH CAROLINA, U.S.A and employs 209,000 people. B of A is listed under Banking category by Fama And French industry classification.The company currently falls under 'Mega-Cap
' category with total capitalization of 227.1 B. Bank of America Corporation runs under Services
sector within Banking
industry. This company has 9.95 B outstanding shares of which 107.78 M shares are currently shorted by investors with about 1.19 days to cover shorted positions.
BK OF AMERICA CP has about 520.79 B in cash with (5.44 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 49.52 which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check B of A Probability Of Bankruptcy