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 October 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 quarterly net interest income varied significantly between 2012 and 2025, recording the highest levels since last quarter 2022. In the second quarter of 2025, the bank's net interest income reached approximately 14.67 billion U.S. dollars.

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's workforce has undergone a significant shift in racial diversity over the past six years. The share of white employees decreased from **** percent in 2019 to **** 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 **** to **** percent.

Graph and download economic data for All Employees, Commercial Banking (CES5552211001) from Jan 1990 to Aug 2025 about establishment survey, financial, commercial, banks, depository institutions, employment, and USA.

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: 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.

Bank of America's commitment to gender diversity remains evident in its workforce composition, with women representing **** percent of U.S. employees in 2024. This slight majority has been consistent over the past five years, reflecting the company's efforts to maintain a balanced gender representation. However, the financial giant faces ongoing challenges in translating this overall gender parity into leadership positions.

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.

In 2024, gender diversity in the U.S. workforce of Bank of America varied across job categories. The share of female employees was highest in the administrative support segment, where approximately ** percent of the employees were women. With **** percent, the majority of the first and mid-level officials and managers were also female. In terms of professionals, the share of female employees was around **** percent. On the executive and senior level, **** percent of the employees were female.

Graph and download economic data for All Employees, Monetary Authorities-Central Bank (CEU5552100001) from Jan 1990 to Aug 2025 about monetary authorities, establishment survey, financial, banks, depository institutions, employment, and USA.

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

Except for JPMorgan Chase, Citigroup, Capital One and Bank of America, the share of minority employees in the total U.S.-based workforce of the leading U.S. banks was less than 50 percent. Among the observed banks, JPMorgan Chase had the most diverse workforce, with 56 percent of the employees who self-identified were racial minorities. JPMorgan Chase was followed by Citigroup, where the share of people of color was approximately 53 percent. Capital One ranked third in terms of racial diversity. Here, the share of non-white employees in the U.S.-based workforce was 51.4 percent. The share was the lowest at PNC Financial Services, where approximately 38 percent of the workforce were non-white.

In 2024, JPMorgan Chase was the largest U.S. employer in the banking sector, with a workforce exceeding 228,000 by year-end. Wells Fargo followed, employing over 192,000 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 1.96 million in 2012, down to 1.91 million in 2014, and up to around 1.95 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 679 billion U.S. dollars in 2024.

Employment statistics on the Commercial Banking industry in the US

United States BAC: NE: Salaries & Employee Benefits data was reported at 4,300,000.000 USD th in Dec 2019. This records an increase from the previous number of 4,188,000.000 USD th for Sep 2019. United States BAC: NE: Salaries & Employee Benefits data is updated quarterly, averaging 4,242,000.000 USD th from Dec 2000 (Median) to Dec 2019, with 77 observations. The data reached an all-time high of 13,410,158.000 USD th in Dec 2006 and a record low of 1,832,000.000 USD th in Sep 2001. United States BAC: NE: Salaries & Employee Benefits data remains active status in CEIC and is reported by Federal Deposit Insurance Corporation. The data is categorized under Global Database’s United States – Table US.KB055: Financial Data: Federal Deposit Insurance Corporation: Bank of America.

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

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