Net Lease Bank of America | KW Net Lease Advisors

Average Sale and Lease Details

www.bankofamerica.com

Price Range 12mo avg:	$2M – $5.67M
$/sf 12mo avg:	$661
CAP Rate 12mo avg:	4.97%
NOI average:	$182923
Lease Terms:	20yrs
Typical Lease Type:	NNN
Building Size avg:	7500 SF
Lot Size avg:	1+/- acres

About Bank of America Corp.

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including approximately 24 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

NYSE: BAC

Annual Reports

Bank of America Corp. Financial Highlights

S&P Credit Rating:	A-
Moody’s Credit Rating:	Baa2
Annual Revenue 2016:	$83.7B
Annual Revenue 2015:	$82.97B

Revenue Growth:	↑ 0.88 2015
Net Income	$17.96B
Units (Jan. 2017)	4500
Average Units Volume:	$18.6M

Yahoo! Finance: BAC News Latest Financial News for BAC

16 Largest Financial Services Companies in the World
on November 27, 2020 at 4:56 am

In this article we are going to list the 16 largest financial services companies in the world. Click to skip ahead and jump to the 5 largest financial services companies in the world. Before I go into details about the financial services industry, let’s first take a look at what being a financial services company means.
Forget the Bargain Basement. Bet on the Next Big Thing
on November 26, 2020 at 6:00 am

(Bloomberg Opinion) -- Hopes that vaccines will soon replace economic lockdowns as our best defense against the coronavirus have stirred speculation that value stocks will regain favor among investors. A guy who until recently oversaw $1.6 trillion has a strong argument that growth stocks will continue to be a better investment.Hiro Mizuno was chief investment officer of Japan’s Government Pension Investment Fund for five years until the end of March. Now a Tesla Inc. board member and special adviser to Japan’s Ministry of Economy, Trade and Industry, here’s what he tweeted at the weekend:Pitting the disruptive vision of entrepreneurs against the hopes of uncovering a real find amid the clutter of beaten down stocks provides a compelling way to frame the debate about whether growth stocks, classified as shares of companies with accelerating revenues, can keep outpacing value stocks, equities whose value is deemed not to reflect some measure of underlying worth.It seemed like the equation might be changing. Value stocks enjoyed a renaissance this month when vaccine euphoria prompted investors to rotate into shares trashed as the pandemic crimped the global economy. Their returns beat their growth counterparts by five percentage points in the first three weeks of November.That’s sparked talk of a global revival. On Tuesday, Bank of America Corp. strategist Savita Subramanian recommended U.S. financial and energy stocks as her top two “unapologetically cyclical and value-focused” sectors. Strategists at Barclays Plc, led by Emmanuel Cau, on Wednesday recommended investors in European shares should overweight value versus growth. And John Woods, Credit Suisse Group AG’s Asia Pacific CIO, said Asian value stocks will outperform in the next six months provided a vaccine becomes widely available.So could it finally be value stocks’ turn in the sun? Investment advisers who’ve called for a reversal of that trend have been proven wrong time and again.In the chart above, the biggest stocks in the Bloomberg Value Index include investment bank JPMorgan Chase & Co., telecoms operator AT&T Inc. and energy company Exxon Mobil Corp. The growth index is dominated by the FAANGS: Facebook Inc., Amazon.com Inc., Apple Inc., Netflix Inc. and Google’s parent, Alphabet Inc.The picture doesn’t change no matter the time period. So far this year, growth stocks have gained about 24%, while value stocks are down by 5%. In the past 12 months, growth is up by 28%, value down by 2.5%. Over three years, growth delivers 66% versus just 12% for value. And since early 2007, when the index histories begin, growth is up more than fourfold while value has a bit more than doubled in value.But hope for value stocks seems to spring eternal. A net 24% of investors overseeing $526 billion expect value to outperform growth the coming year, according to Bank of America’s November survey. That’s the most bullish call for value in the monthly poll since February 2019.Mizuno says that investment style fails to capture disruptors that sacrifice earnings early on to build a dominant market share. Jeff Bezos’s Amazon is probably the best example of that kind of company. “Growth investing for me is to bet on the ability of CEO and his/her staff to deliver more than people (including myself) can imagine,” Mizuno also tweeted.By contrast, trying to identify value stocks takes a cocky — and risky — self-assurance that the wisdom of the investing crowd has missed something fundamental about a company’s worth. If a share is cheap, it’s probably cheap for a reason.You could even stretch the argument to cover the recent enthusiasm for Bitcoin versus gold. As my colleague Lionel Laurent recently pointed out, the digital currency barely figures in buying and selling in the real world and yet its gains have rapidly outpaced the yellow metal this year.Gold has real-world applications that make it inherently valuable, but many investors still view it as nothing more than a pet rock, limiting the potential universe of buyers. To its fans, Bitcoin represents a transformative technology with the potential to dislodge fiat currencies as a means of payment. In effect, it’s a bet on the future of finance with a side wager that its momentum will continue apace — like a disruptive growth stock.The current enthusiasm for value stocks may well have further scope to run. But in the longer term, the trend that’s been your friend seems likely to persist. Even once the pandemic is over, backing entrepreneurs will prove more profitable than buying allegedly undervalued equities in the hope that mean reversion will rescue them from the bargain basement.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Mark Gilbert is a Bloomberg Opinion columnist covering asset management. He previously was the London bureau chief for Bloomberg News. He is also the author of "Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable."For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Bank Of America Option Trader Makes $2.6M Bet The Stock Is Headed Lower By January
on November 25, 2020 at 8:39 pm

Bank of America Corp (NYSE: BAC) shares are up 23.7% in the last six months, but at least one larger option trader is betting the Bank of America rally will be running out of steam in coming weeks.The Bank of America Trade: On Wednesday morning, Benzinga Pro subscribers received an option alert related to an unusually large Bank of America trade. * At 11:46 a.m., a trader bought 12,500 Bank of America put options with a $30 strike price expiring on Jan. 15 at the ask price of $2.11. The trade represented a more than $2.6-million bearish bet.Why It's Important: Even traders who stick exclusively to stocks often monitor option market activity closely for unusually large trades. Given the relative complexity of the options market, large options traders are typically considered to be more sophisticated than the average stock trader.Many of these large options traders are wealthy individuals or institutions who may have unique information or theses related to the underlying stock.Unfortunately, stock traders often use the options market to hedge against their larger stock positions, and there's no surefire way to determine if an options trade is a standalone position or a hedge. In this case, given the relatively large size of Wednesday's Bank of America option trade, it could certainly be institutional hedging.Biden Bump: The huge put option purchase comes after Bank of America and other bank stocks have rallied big in the month of November. Bank bulls are anticipating that a steepening yield curve in 2021 could help boost net interest margins. At the same time, President-elect Joe Biden has named Janet Yellen his treasury secretary, a big relief for bank investors who were concerned Elizabeth Warren may get the job. Warren has been outspoken in her criticism of Wall Street, particularly big banks. BAC Chart by TradingView new TradingView.widget( { "width": 680, "height": 423, "symbol": "NYSE:BAC", "interval": "D", "timezone": "Etc/UTC", "theme": "light", "style": "1", "locale": "en", "toolbar_bg": "f1f3f6", "enable_publishing": false, "allow_symbol_change": true, "container_id": "tradingview_23e82" } ); Benzinga's Take: Wednesday's big put buyer may be betting that the size or timing of another government stimulus package will disappoint the market. Or the trader may simply be anticipating a pullback in Bank of America following its recent run.The $2.6-million put purchase has a break-even price of $27.89, suggesting 3.3% downside for the stock over the next two months.Photo by Alex Proimos via Wikimedia. See more from Benzinga * Click here for options trades from Benzinga * How Bank Of America Has Become One Of Warren Buffett's Best Investments * Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Li Lu's Himalaya Capital Doubles Up on Facebook in 3rd Quarter
on November 25, 2020 at 4:01 pm

A look at the Chinese fund manager's top investments
Bank of America Jolts Traders With Flat Bonus Pool in Omen for Wall Street
on November 25, 2020 at 1:01 pm

(Bloomberg) -- Bank of America Corp.’s leaders are planning year-end bonuses that break with Wall Street traders’ hopes for hefty raises after a record-setting run.Senior executives are floating plans to keep the bonus pool for sales and trading at last year’s level, despite a 20% jump in revenue during the first nine months of this year, according to people briefed on the talks who spoke on the condition of anonymity. The process is still in an early stage and will go through rounds of negotiation and approvals.The bank’s leadership is weighing rewards against the strains of a pandemic that’s dragged on the consumer division and added expenses. But the restraint already is triggering outrage among staff who expected to be paid handsomely for a banner year. Executives still have time to lobby for larger payouts to top-performing desks, and may indeed wrangle more money, some of the people said. But even then, increases will probably be modest.A company spokesman declined to comment.The tensions inside Bank of America offer a window into conversations likely to unfold in coming weeks across Wall Street, where major banks pay close attention to rivals’ compensation decisions when setting their own payouts. Legions of traders have been hoping to share the spoils from 2020’s wild markets, in which the pandemic and U.S. politics repeatedly set off gushers of client orders.But industry leaders are contending with broader problems, including losses on loans, the possibility that the trading windfall won’t last and the optics of handing out wads of cash to well-paid staff in a time of economic misery.Tempering ExpectationsAmong Wall Street’s chief executive officers, Bank of America’s Brian Moynihan is especially familiar with shifting political winds after rebuilding the company’s battered businesses and reputation in the aftermath of the 2008 crisis. In recent years, he’s publicly embraced stronger environmental, social and governance standards. Now, he’s steering the firm into the ascendancy of a Democratic administration under President-elect Joe Biden.The investment bank’s final bonus decisions will be shaped by how the fourth quarter pans out, the people said. But already, the initial talks are prompting senior managers to temper expectations as they approach year-end meetings with subordinates.In an unusual Sunday briefing, a manager in the fixed-income division informed members of his group that they should prepare for bonuses that are, at best, flat.Until now, the tone on Wall Street had been more optimistic, with some compensation consultants predicting generous raises. Earlier this month, a closely watched survey by Johnson Associates Inc. estimated equity traders could see bonuses jump by about 25%, while bond traders would watch theirs soar 45% or more.Rivals WatchingThe deliberations at Bank of America, one of the industry’s largest employers, will make it easier for rivals to stop far short of such dramatic increases, even if they do grant raises.While Bank of America’s stock-trading operations had a record first quarter, they’ve also experienced bumps this year. In a second-quarter regulatory filing, the bank flagged “weaker trading performance” in the unit’s derivatives business, where people familiar with the matter said it lost more than $100 million on some positions outside the U.S.The division has also seen personnel shake-ups, culminating with the October announcement that longtime stocks chief Fab Gallo would step down and depart.Revenue from the bank’s fixed-income trading division rose almost 22% in the first nine months of the year. The former co-head of that business, Jim DeMare, was promoted in July to lead global sales and trading.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Bank of America Corp.

Average Sale and Lease Details

About Bank of America Corp.

NYSE: BAC

Annual Reports

Bank of America Corp. Financial Highlights

Recent Closings for Bank of America Corp. and Similar Tenants

Cash America

Houston, TX

Cash America

Houston, TX

Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice

Bank of America Corp.

Average Sale and Lease Details

About Bank of America Corp.

NYSE: BAC

Annual Reports

Bank of America Corp. Financial Highlights

Recent Closings for Bank of America Corp. and Similar Tenants

Cash America

Houston, TX

Cash America

Houston, TX

Texas Real Estate Commission Information About Brokerage Services Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice