As of 2016, Bank of America was the 26th largest company in the United States by total revenue. In 2016, it was ranked #11 on the Forbes MagazineGlobal 2000 list of largest companies in the world.[6]
As of December 31, 2016, it had US$886.148 billion in assets under management (AUM).[3]
As of December 31, 2016, the company held 10.73% of all bank deposits in the United States.[8]
Bank of America provides its products and services through 4,600 retail financial centers, approximately 15,900 automated teller machines,[3] call centers, and online and mobile banking platforms. The bank's Consumer Real Estate Services segment offers consumer real estate products comprising both fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans.[12]
Bank of America has been the subject of many lawsuits and investigations regarding both mortgages and financial disclosures dating back to the financial crisis, including a record settlement of $16.65 billion on August 21, 2014.[13]