Bank of America Corporation
Company profile: Bank of America Corporation
Bank of America Corporation is a Delaware corporation headquartered in Charlotte, North Carolina, and registered to transact business in North Carolina under Secretary of State identification number 0472730, effective October 7, 1998, the date the company took its current name upon completion of the merger of NationsBank Corporation and BankAmerica Corporation. Prior to that merger the entity operated as NationsBank Corporation. The North Carolina Secretary of State lists this registration as active. Bank of America Corporation is a bank holding company and a financial holding company under U.S. federal banking law, and its common stock trades on the New York Stock Exchange under the ticker symbol BAC.
Through its principal banking subsidiary, Bank of America, N.A., and other subsidiaries operating under the Merrill and BofA Securities brands, the company provides deposit-taking, consumer and commercial lending, credit card, wealth management, investment banking, and sales-and-trading services. Bank of America Corporation reports its results through four business segments: Consumer Banking; Global Wealth & Investment Management; Global Banking; and Global Markets, serving individual consumers, small and middle-market businesses, and large corporate, institutional and government clients in the United States and in selected international markets.
For the fiscal year ended December 31, 2025, Bank of America Corporation reported consolidated total revenue of approximately 113.1 billion US dollars and net income of approximately 30.5 billion US dollars, with total assets of approximately 3.41 trillion US dollars and approximately 213,000 employees, as disclosed in its Form 10-K filed with the U.S. Securities and Exchange Commission on February 25, 2026. These figures are reported on a consolidated, company-wide basis.
On July 30, 2026, Bank of America announced an agreement to acquire MDSec Consulting Limited, an information security consultancy based in Macclesfield, England with approximately 65 staff, describing it as the company’s first acquisition in five years. The transaction, intended to expand cybersecurity capabilities in the UK and internationally, was pending regulatory approval and expected to close in the fourth quarter of 2026.
Sources
- North Carolina Secretary of State, Business Registration profile for Bank of America Corporation (SOSID 0472730) – sosnc.gov, retrieved September 2026
- U.S. Securities and Exchange Commission, EDGAR company filings for Bank of America Corp /DE/, CIK 0000070858 – sec.gov
- Bank of America Corporation, Form 10-K for the fiscal year ended December 31, 2025, filed February 25, 2026 – sec.gov
- Bank of America Newsroom, “Bank of America to Acquire Information Security Consultancy MDSec Consulting Limited,” July 30, 2026 – newsroom.bankofamerica.com
Registration details
Officers
295
Directors and officers of Bank of America Corporation
Bank of America Corporation’s board of directors, as set out in the company’s 2026 proxy statement (record date March 13, 2026), comprises 12 director nominees. Eleven are non-executive directors: Sharon L. Allen, Jose E. Almeida, Arnold W. Donald, Monica C. Lozano, Maria N. Martinez, Lionel L. Nowell III (Lead Independent Director), Denise L. Ramos, Clayton S. Rose, Michael D. White, Thomas D. Woods, and Maria T. Zuber. The remaining nominee, Brian T. Moynihan, is the sole executive director and serves as Chair of the Board and Chief Executive Officer. Alongside the board, the company’s most recently disclosed senior executive officers include Alastair M. Borthwick (Executive Vice President and Chief Financial Officer), Dean C. Athanasia and James P. DeMare (Co-Presidents), and Sheri Bronstein (Chief People Officer). All are reported as active appointments. The proxy statement does not disclose the nationality of directors or officers, and this profile does not infer nationality from any individual’s name, occupation, or business address.
Recent officer changes
- September 12, 2025 – Dean C. Athanasia and James P. DeMare were named Co-Presidents of Bank of America, newly created roles overseeing the company’s lines of business, per the company’s newsroom announcement and a related SEC Form 8-K filing.
- September 12, 2025 – Alastair M. Borthwick, Chief Financial Officer since 2021, was additionally appointed Executive Vice President, per the same announcement.
Data availability
Officer and director information for this U.S.-registered company is disclosed through SEC filings, principally proxy statements and Form 8-K reports, rather than through a centralized public officer register of the kind maintained in some other jurisdictions. Coverage is best described as current only: the sources reviewed disclose the company’s active board and senior executive officers as of the most recent proxy statement and subsequent 8-K filings, without a complete public history of every past officer appointment and resignation. This company’s registry-sourced officer record (drawn from a North Carolina annual-report style filing) contained corrupted, unreadable name text and could not be independently verified against any authoritative source, so it has been excluded from this profile in favor of the SEC-filed information above. No nationality or country-of-residence information was located for any officer or director from an authoritative source, and none has been inferred.
Sources
- Bank of America Corporation, Notice of 2026 Annual Meeting and Proxy Statement (Form DEF 14A), filed 2026 – sec.gov
- Bank of America Newsroom, “Bank of America Announces Senior Leadership Changes,” September 12, 2025 – newsroom.bankofamerica.com
- U.S. SEC EDGAR, Form 8-K, Bank of America Corp /DE/, filed September 12, 2025 – sec.gov
Registry feed — rows exactly as filed with North Carolina Secretary of State, including entries the profile above does not cover.
Group Structure
Group structure of Bank of America Corporation
Bank of America Corporation is a publicly traded bank holding company and the top-level (ultimate) parent of the Bank of America corporate group. No controlling corporate parent was identified for Bank of America Corporation itself from primary sources; its largest disclosed shareholders are passive institutional and insurance-related investors rather than controlling corporate owners. Verified direct or indirect subsidiaries include Bank of America, N.A., a national banking association that operates as the group’s principal U.S. depository-institution subsidiary; BofA Securities, Inc., the group’s U.S. broker-dealer and investment-banking subsidiary; Merrill Lynch, Pierce, Fenner & Smith Incorporated, the broker-dealer operating under the Merrill brand (Merrill Lynch & Co., Inc. itself was merged into Bank of America Corporation on October 1, 2013, and no longer exists as a separate holding company); and Bank of America Private Bank (formerly U.S. Trust), the group’s wealth-management and trust subsidiary. Beyond these principal entities, the company’s SEC filings (Exhibit 21 to its Form 10-K) disclose numerous additional direct and indirect subsidiaries across dozens of countries, reflecting the group’s international banking, markets and wealth-management operations; the exhibit omits certain smaller subsidiaries as permitted under SEC disclosure rules. Ownership percentages for individual subsidiaries are not separately broken out in these filings; Bank of America, N.A. and BofA Securities, Inc. are understood from the company’s own disclosures to be wholly owned subsidiaries, but an entity-specific percentage was not located.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Bank of America, N.A. | United States | Not disclosed | Direct subsidiary (principal banking subsidiary) | Ownership percentage not disclosed | Active | 2026 |
| BofA Securities, Inc. | United States | Not disclosed | Direct or indirect subsidiary (broker-dealer) | Ownership percentage not disclosed | Active | 2026 |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | United States | Not disclosed | Direct or indirect subsidiary (broker-dealer, Merrill brand) | Ownership percentage not disclosed | Active | 2026 |
| Bank of America Private Bank (formerly U.S. Trust) | United States | Not disclosed | Direct or indirect subsidiary (wealth management) | Ownership percentage not disclosed | Active | 2026 |
Recent structural changes
- July 30, 2026 – Bank of America announced an agreement to acquire MDSec Consulting Limited, a UK-based information security consultancy, described as the company’s first acquisition in five years. The transaction was pending regulatory approval and expected to close in the fourth quarter of 2026, and had not completed as of the review date.
Data availability
Corporate-structure information for Bank of America Corporation is best described as subsidiaries only, with no verified parent: reliable, SEC-sourced information exists for the group’s principal operating subsidiaries, but the company’s own SEC exhibits do not list every subsidiary, do not always state ownership percentages entity-by-entity, and no registration number was located for the individual subsidiaries listed above. The registry-sourced corporate-linkage data supplied for this company listed several hundred additional named entities as subsidiaries; these could not be individually verified against primary sources within the scope of this review and have not been reproduced here, though the largest and best-known among them are broadly consistent with the group’s known international footprint.
Sources
- Bank of America Corporation, Corporate Structure and Subsidiary & Country Disclosures – investor.bankofamerica.com
- U.S. SEC EDGAR, Exhibit 21 (List of Subsidiaries) to Bank of America Corporation’s Form 10-K filings – sec.gov
- Bank of America Newsroom, “Bank of America to Acquire Information Security Consultancy MDSec Consulting Limited,” July 30, 2026 – newsroom.bankofamerica.com
Registry feed — rows exactly as filed with North Carolina Secretary of State, including entries the profile above does not cover.
Bank of America Corporation
United States
Frequently asked questions
Who owns Bank of America Corporation?
Five shareholders are currently on record for Bank of America Corporation, reflecting the stock ledger maintained under state corporate law (e.g. §219 of the Delaware General Corporation Law) rather than a public filing. The largest of these is Berkshire Hathaway, Inc, holding 25.7% — the largest recorded stake — followed by State Street Corporation at 7.1%; the remaining 3 shareholders shown hold smaller stakes. Because every shareholder shown is a company rather than an individual, the ownership chain continues above this level, and no beneficial owner can be established from this filing alone.
Who is Bank of America Corporation's UBO (Ultimate Beneficial Owner)?
Every shareholder recorded for Bank of America Corporation is itself a company rather than a natural person, so no Ultimate Beneficial Owner (UBO) is identified at this level; establishing one would require tracing the ownership of each shareholding company in turn.
How many shareholders does Bank of America Corporation have on record?
5 shareholders are shown on record for Bank of America Corporation. The register reports 20 in total; only the top 5 by holding are shown here.
What is Bank of America Corporation's company registration number?
Bank of America Corporation's registration number is 0472730, filed with North Carolina Secretary of State in United States. Its current status on the register is active.
Is Bank of America Corporation still an active company?
Bank of America Corporation's status on North Carolina Secretary of State is listed as active.
When was Bank of America Corporation incorporated?
Bank of America Corporation was incorporated on 7 October 1998, according to North Carolina Secretary of State.
What is Bank of America Corporation's registered address?
The registered address on file for Bank of America Corporation is Charlotte, United States.
What legal structure is Bank of America Corporation registered as?
Bank of America Corporation is registered as a Public Limited Company in United States.
What is Bank of America Corporation's revenue?
Approximately 113.1 billion US dollars (fiscal year 2025, consolidated)
Who are the officers/directors of Bank of America Corporation?
The Chairman Of The Board of Bank of America Corporation currently on record is Brian t moynihan Brian t moynihan; 155 of the 295 officer records shown for Bank of America Corporation are current appointments, filed with North Carolina Secretary of State. The remaining 138 records shown (BRIAN MOYNIHAN, Colleen Sims and 127 others) are former appointments that have since been resigned. Management authority at Bank of America Corporation sits with these individuals, not with shareholders, who are covered separately and hold ownership rather than control.
Does Bank of America Corporation have a parent company or subsidiaries?
Bank of America Corporation has no recorded parent company — it sits at the top of its own group structure, with 190 subsidiaries recorded beneath it across 22 jurisdictions. Those 190 subsidiaries span United States, Malaysia, Brazil, Curaçao, Chile, South Africa, and 16 more jurisdictions, though this list should not be read as complete — subsidiaries only become visible here where shareholder data has actually been filed with a register, so holdings in jurisdictions without that filing simply won't appear. 20 of the 190 go a level deeper still, with their own further subsidiaries recorded beneath them — additional ownership layers this view doesn't expand.
Can Zavia monitor changes to Bank of America Corporation's ownership over time?
This profile reflects a point-in-time snapshot from North Carolina Secretary of State. Zavia's monitoring API can track changes to Bank of America Corporation's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access Bank of America Corporation's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like Bank of America Corporation's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from North Carolina Secretary of State and was last synced on 9 September 2026.