BranchWatch

Bank of America

Legal institution: Bank of America, National Association. Headquartered in Charlotte, NC. Part of Bank of America Corporation. FDIC certificate #3510 · Federal Reserve RSSD 480228.

Total assets
$2.7T
Deposits
$2.1T
Q1 2026
Active branches
3,595
3,824 offices in FDIC records
Closings since Jan 2020
938
265 openings since Jan 2020
All locations →Quarterly financials →Customer complaints →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$7.4B
Return on assets
1.12%
Return on equity
12.16%
Noncurrent loan rate
0.68%

Deposits by year (Summary of Deposits)

1354
2019
1729
2020
1871
2021
1964
2022
1879
2023
1902
2024
1975
2025

Values in $ billions, June 30 of each year.

Closings by year

55
2020
213
2021
312
2022
85
2023
154
2024
94
2025
25
2026

Openings by year

35
2020
56
2021
49
2022
47
2023
39
2024
32
2025
7
2026

Other network changes since 2020

  • 110 branch relocations
  • 1 branches acquired through purchases or mergers

Branches by state

California 686Florida 414Texas 313New York 251New Jersey 179Massachusetts 146Georgia 130Illinois 121Washington 119Maryland 114North Carolina 109Arizona 104Virginia 98Connecticut 82Michigan 72Pennsylvania 72South Carolina 61Tennessee 53Nevada 52Ohio 51Missouri 50Colorado 36Oregon 35Utah 29Kansas 24Rhode Island 24Minnesota 23District of Columbia 22Oklahoma 18Arkansas 16New Mexico 16Indiana 16New Hampshire 15Maine 12Delaware 10Kentucky 8Idaho 6Iowa 4Nebraska 4

Recent closings (30 of 938)

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bankofamerica.com.