Bank Of America reported 213K in Employees for its fiscal year ending in December of 2024. Data for Bank Of America | BAC - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last June in 2025.

The employee count at Bank of America Corporation remained unchanged from 213,000 (in 2023) to 213,000 (in 2024)

Bank of America's workforce has undergone a significant shift in racial diversity over the past six years. The share of white employees decreased from 53.2 percent in 2019 to 47.2 percent in 2024, marking a notable change in the company's demographic composition. Meanwhile, the representation of Hispanic, Asian, and Black racial groups grew steadily. The second-largest racial group in the observed period was Hispanic, whose share increased from 17.9 to 19.2 percent.

In 2024, JPMorgan Chase was the largest U.S. employer in the banking sector, with a workforce exceeding ******* by year-end. Wells Fargo followed, employing over ******* people. JPMorgan Chase also held the top spot for the most bank branches in the country, a factor that likely contributed to its substantial headcount. Employment in the U.S. banking sector The number of employees of FDIC-insured banks in the United States fluctuated during the last decade, from around **** million in 2012, down to **** million in 2014, and up to around **** million in 2024. There is no clear downward trend in bank employment in the United States, despite the decreasing number of bank branches in the last several years. The largest banks The big four in the U.S. banking industry are JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. The largest, JPMorgan Chase, is not only the leading bank in the United States in terms of market capitalization, but also the leading bank in the world. The bank had a market capitalization of around *** billion U.S. dollars in 2024.

India Bank of America: Profit per Employee data was reported at 16.090 % in 2018. This records an increase from the previous number of 15.870 % for 2017. India Bank of America: Profit per Employee data is updated yearly, averaging 10.650 % from Mar 1999 (Median) to 2018, with 20 observations. The data reached an all-time high of 17.590 % in 2014 and a record low of 2.022 % in 2000. India Bank of America: Profit per Employee data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBR008: Foreign Banks: Selected Financial Ratios: Bank of America.

Bank Of America Funcionários Número total - Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Jun 2025.Data for Bank Of America | Funcionários | Número total including historical, tables and charts were last updated by Trading Economics this last June in 2025.

Truist Bank had the highest proportion of Black employees among major U.S. banks, at 19.08 percent of its total workforce. Capital One ranked second at over 15 percent, while PNC, Bank of America, and JPMorgan Chase each maintained Black employee representation between 14 and 15 percent.

India Bank of America: Business per Employee data was reported at 741.410 % in 2018. This records an increase from the previous number of 717.280 % for 2017. India Bank of America: Business per Employee data is updated yearly, averaging 245.705 % from Mar 1999 (Median) to 2018, with 20 observations. The data reached an all-time high of 741.410 % in 2018 and a record low of 99.140 % in 1999. India Bank of America: Business per Employee data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBR008: Foreign Banks: Selected Financial Ratios: Bank of America.

JPMorgan Chase Bank reported the highest value of domestic deposits in the United States as of March 31, 2024. The value of total domestic deposits of JPMorgan Chase exceeded two trillion U.S. dollars. Bank of America reported the second-highest domestic deposits, with a value of around 1.93 trillion U.S. dollars.

India Bank of America: OE: Payment and Provision for Employees data was reported at 3,356.807 INR mn in 2018. This records a decrease from the previous number of 3,550.134 INR mn for 2017. India Bank of America: OE: Payment and Provision for Employees data is updated yearly, averaging 442.500 INR mn from Mar 1990 (Median) to 2018, with 29 observations. The data reached an all-time high of 3,550.134 INR mn in 2017 and a record low of 71.900 INR mn in 1990. India Bank of America: OE: Payment and Provision for Employees data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.KBQ008: Foreign Banks: Income Statements: Bank of America.

Graph and download economic data for All Employees, Commercial Banking (CEU5552211001) from Jan 1990 to May 2025 about financial, establishment survey, commercial, banks, depository institutions, employment, and USA.

Bank Of America Karyawan Jumlah Total - Nilai saat ini, data historis, perkiraan, statistik, grafik dan kalender ekonomi - Jun 2025.Data for Bank Of America | Karyawan | Jumlah Total including historical, tables and charts were last updated by Trading Economics this last June in 2025.

Bank Of America Des Employés Nombre total - Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Jun 2025.Data for Bank Of America | Des Employés | Nombre total including historical, tables and charts were last updated by Trading Economics this last June in 2025.

India American Express Banking Corporation: Business per Employee data was reported at 87.230 % in 2018. This records an increase from the previous number of 74.220 % for 2017. India American Express Banking Corporation: Business per Employee data is updated yearly, averaging 28.500 % from Mar 1999 (Median) to 2018, with 19 observations. The data reached an all-time high of 87.230 % in 2018 and a record low of 13.380 % in 2009. India American Express Banking Corporation: Business per Employee data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Banking Sector – Table IN.KBR004: Foreign Banks: Selected Financial Ratios: American Express Banking Corporation.

In 2021, there were 289 bank employees per 100,000 adult residents in Latin America, the same as a year earlier. Between 2009 and 2013, the number of employees in the banking sector in Latin America increased sharply, however, this trend reversed after 2013. At its peak in 2013, the number of employees per 100,000 residents in the banking industry was 324.

Strong returns in various financial markets and increased trading volumes have benefited businesses in the industry. Companies provide underwriting, brokering and market-making services for different financial instruments, including bonds, stocks and derivatives. Businesses benefited from improving macroeconomic conditions despite high inflationary economic environment. However, in 2024, the Fed slashed interest rates as inflationary pressures eased , limiting interest income from fixed-income securities for the industry. The Fed seeks to further cut interest rates but will monitor inflation, employment, the effects of tariffs and other economic factors before making further rate cut decisions. Overall, revenue has been growing at a CAGR of 7.0% over the past five years and is expected to total $456.6 billion in 2025, with revenue expected to decline 0.9% in the same year. In addition, industry profit is expected to climb to 13.0% over the five years to 2025. While many industries struggled at the onset of the period due to economic disruptions due to the pandemic and supply chain issues, businesses benefited from the volatility. Primarily, companies have benefited from increased trading activity on behalf of their clients due to fluctuations in asset prices. This has led to higher trade execution fees for firms at the onset of the period. Similarly, debt underwriting increased as many businesses have turned to investment bankers to help raise cash for various ventures. Also, improved scalability of operations, especially regarding trading services conducted by securities intermediates, has helped increase industry profits. Structural changes have forced the industry's smaller businesses to evolve. Because competing in trading services requires massive investments in technology and compliance, boutique investment banks have alternatively focused on advising in merger and acquisition (M&A) activity. Boutique investment banks' total share of M&A revenue is forecast to grow through the end of 2030. Furthermore, the industry will benefit from improved macroeconomic conditions as inflationary pressures are expected to ease. This will help asset values rise and interest rate levels to be cut, thus allowing operators to generate more from equity underwriting and lending activities. Overall, revenue is forecast to grow at a CAGR of 2.2% to $507.9 billion over the five years to 2030.

In 2021, Panama was the Latin American country with the highest number of bank employees per 100,000 adult residents. Panama was followed by Costa Rica and the Dominican Republic. The lowest number of employees per 100,000 adult residents in the banking sector was registered in Paraguay and Venezuela.

Graph and download economic data for All Employees, Federal (CES9091000001) from Jan 1939 to May 2025 about establishment survey, federal, government, employment, and USA.

Employers, total (% of total employment) (modeled ILO estimate) in North America was reported at 2.5117 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. North America - Employers; total (% of employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Contributing family workers, total (% of total employment) (modeled ILO estimate) in North America was reported at 0.07599 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. North America - Contributing family workers; total (% of total employed) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.