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Bank of America Corporation (BAC), headquartered in Charlotte, North Carolina, provides banking and financial products and services. With a market cap of $379.9 billion, the company offers saving accounts, deposits, mortgage and construction loans, cash and wealth management, certificates of deposit, investment funds, credit and debit cards, insurance, mobile, and online banking services.
Shares of this banking giant have underperformed the broader market over the past year. BAC has gained 11.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 13.9%. In 2026, BAC’s stock fell 5.4%, compared to the SPX’s 1.5% rise on a YTD basis.