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Commerce was founded by Francis Reid Long with $10,000 in capital in 1865, just as communities were rebuilding during post-Civil War Reconstruction. Originally known as the Kansas City Savings Association, it was acquired in 1881 by Dr. William Stone Woods and renamed the National Bank of Commerce, claiming at the time to be the largest bank west of Chicago. [5]
Bank of America was ranked No. 25 on the 2020 Fortune 500 rankings of the largest US corporations by total revenue. [10] Likewise, Bank of America was also ranked No. 6 on the 2023 Global 2000 rankings done by Forbes. [11] Bank of America was named the "World's Best Bank" by the Euromoney Institutional Investor in its 2018 Awards for Excellence ...
Bank of America: 1998 First Union Corporation: CoreStates Financial Corp. Including predecessor Bank of North America, the first bank in the United States First Union Corporation: Wells Fargo: 1998 NationsBank Corp. BankAmerica Corp. Bank of America Corp. Bank of America: 1998 Golden State Bancorp: First Nationwide Holdings, Inc. Golden State ...
As you can see in the following chart, the majority of Bank of America's 10.5 billion shares are held by institutional investors. Company insiders, including board members and corporate executives ...
The comparative weakness of Bank of America today can be seen. At its low point today, Bank of America's stock was down more than 1% even as the S&P 500 fell far less, and the Dow rallied. ...
It's only been a week since Bank of America and its compatriots got a big bump from positive Fed stress test results. It had been on an upward climb following its combined $10.5 billion share ...
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
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