Bank of America is a huge bank, like a giant piggy bank for lots of money! It's been around for over 100 years and makes a lot of money doing things like helping people and businesses with their money.
It's a big company, so it can do things cheaper than smaller banks. People also like to stick with Bank of America because it does so many things.
Even Warren Buffett, a super-smart investor, owns a part of Bank of America!
- Bank of America is very big and makes a lot of money.
- It's hard for people to switch to other banks because Bank of America offers many services.
- It gives investors a small part of its profit as a dividend.
- Even Warren Buffett, a famous investor, likes Bank of America stock.
| Fact | Number |
|---|---|
| 2024 Revenue | $102 Billion |
| Total Assets | $3.3 Trillion |
| Average Net Profit Margin (5 years) | 27.9% |
| Dividend Yield | 2.34% |
