BUSI 530 - DB1 - DB1 Bank of America Corporation Liberty...

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DB1 – Bank of America Corporation Liberty University BUSI 530-D07 Delayna Beardsley
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Bank of America Corporation is one of the largest multinational financial institution that provides banking services to all types of individuals and businesses. They are one of the leading banks in the industry and have been for many years. The banking industry has mostly recovered from the financial crisis in 2007-2008 (Badenhausen, 2017). While there are still banks that are failing, Bank of America is continually growing stronger and will be for years to come. The banking market is a very fickle industry that depends highly on outside influences. The banking stocks have been on a rise since the November presidential election and investors are expecting interest rates to rise due to President Trump easing regulations on the sector (Badenhausen, 2017). This propels bank profits and growth to an unimaginable amount. NetAdvantage also gives a positive outlook for the banking industry over the next 12 months (Sector Scorecard-Industry Information). Bank of America has had a 6.7% growth in revenue
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