GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of America Corp (NYSE:BACpL.PFD) » Definitions » Total Operating Expense

BACPL.PFD (Bank of America) Total Operating Expense


View and export this data going back to 2008. Start your Free Trial

What is Bank of America Total Operating Expense?

Total Operating Expense does not apply to banks and insurance companies.


Bank of America Business Description

Address
100 North Tryon Street, Bank of America Corporate Center, Charlotte, NC, USA, 28255
Bank of America is one of the largest financial institutions in the United States, with more than $3.0 trillion in assets. It is organized into four major segments: consumer banking, global wealth and investment management, global banking, and global markets. Bank of America's consumer-facing lines of business include its network of branches and deposit-gathering operations, retail lending products, credit and debit cards, and small-business services. The company's Merrill Lynch operations provide brokerage and wealth-management services, as does its private bank. Wholesale lines of business include investment banking, corporate and commercial real estate lending, and capital markets operations. Bank of America has operations in several countries but is primarily US-focused.