Bank of America Corporation operates in the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of America with three other
companies in this sector in UNITED STATES :
Wells Fargo & Company
(2019
sales of $100.73 billion
of which 43%
was Community Banking),
Citigroup Inc.
($103.48 billion
of which 38%
was Institutional Clients Group), and
JPMorgan Chase & Co.
($142.42 billion
of which 39%
was Consumer & Business Banking).
Sales Analysis.
Bank of America reported sales of $113.61 billion
for the
year ending
December of 2019.
This
represents
an
increase of 2.7%
versus 2018, when the company's sales were $110.62 billion.
This was the fourth straight year of sales growth at Bank of America.
Sales of Global Banking saw an increase
of
4.3% in 2019, from
$19.64 billion to $20.48 billion.
Not all segments of Bank of America experienced an increase in sales in 2019:
sales of Global Markets fell 2.8% to $15.61 billion.