Bank of America

Bank of America is a prominent financial institution with a vast array of services catering to individual consumers, small and mid-sized businesses, and large corporations. Established in 1904 as the Bank of Italy in San Francisco, it rebranded to Bank of America in 1930. A pivotal moment in its history was the 1998 merger with NationsBank, which significantly expanded its reach across the United States.

As of November 2025, Bank of America operates around 3,800 branches and 15,000 ATMs nationwide, maintaining a presence in all 50 states and extending its operations to more than 35 countries. Headquartered in Charlotte, North Carolina, the company employs over 213,000 people globally. It is a leader in digital banking, boasting over 57 million verified digital users and offering a comprehensive range of online and mobile banking services.

In recent years, Bank of America has been modernizing its branch network with a focus on high-growth metropolitan areas. It has been investing in flagship centers in major cities like New York, Los Angeles, and Miami, and developing advanced centers that integrate digital technology into smaller footprints. This strategic expansion and renovation underscore its commitment to meeting evolving customer needs and improving operational efficiency.

For commercial real estate professionals, Bank of America's diverse branch formats and robust expansion strategy present stable and long-term opportunities. Its presence in key urban markets and focus on innovation make it a significant player in the real estate landscape, ensuring it remains a relevant and influential tenant in the financial services sector.