Bank of America is headquartered in Charlotte, North California. It is one of the most valuable banking brands globally and one of the leading banks in terms of assets, market capitalization or value of managed merger and acquisition deals. It was the fourth largest employer in the banking sector in the United States in 2017, with employment figure exceeding 145 thousand people.
The total assets of the Bank of America amounted to approximately 2.19 trillion U.S. dollars in 2016. In the same year, the bank reported net income of 17.91 billion U.S. dollars. Approximately 72 percent of the bank revenue was generated in the United States.
In 2016, there were more than 323 million people living in the United States and in fall of the same year, 24.33 million American citizens used Bank of America as their primary bank.