James Demare Biography and Net Worth

Insider of Bank of America

Jim DeMare is president of Global Markets for Bank of America and is a member of the company’s executive management team.

DeMare has more than 25 years of financial services industry experience. Prior to joining Bank of America in 2008, he held various management and senior trading positions in fixed income at Citigroup, Salomon Brothers and Bear Stearns. Under his leadership, Global Markets is focused on supporting Bank of America’s institutional and corporate clients with their financial market activities globally. Global Markets provides market-making, financing, securities clearing and settlement services across debt, equity, commodity, and foreign-exchange markets world-wide. DeMare is also responsible for the bank’s Global Commercial Real Estate Lending business.

DeMare proudly co-sponsors Bank of America’s Developing and Engaging African American Leaders (DEAL) employee network, which is focused on promoting African American and Black talent. He is engaged in the New York City community, serving as a trustee for Prep for Prep, a leadership development program that provides opportunities for diverse students. DeMare is also a member of the Dean’s Council at Weill Cornell Medicine.

What is James P. Demare's net worth?: The estimated net worth of James P. Demare is at least $7.32 million as of August 1st, 2023. Mr. Demare owns 185,108 shares of Bank of America stock worth more than $7,316,394 as of April 29th. This net worth approximation does not reflect any other assets that Mr. Demare may own. Learn More about James P. Demare's net worth.
How do I contact James P. Demare?: The corporate mailing address for Mr. Demare and other Bank of America executives is 100 N. TRYON STREET, CHARLOTTE NC, 28255. Bank of America can also be reached via phone at (704) 386-5681 and via email at [email protected]. Learn More on James P. Demare's contact information.
Has James P. Demare been buying or selling shares of Bank of America?: James P. Demare has not been actively trading shares of Bank of America in the last ninety days. Most recently, James P. Demare sold 75,000 shares of the business's stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $31.53, for a transaction totalling $2,364,750.00. Following the completion of the sale, the insider now directly owns 185,108 shares of the company's stock, valued at $5,836,455.24. Learn More on James P. Demare's trading history.
Who are Bank of America's active insiders?: Bank of America's insider roster includes Dean Athanasia (Insider), Frank Bramble (Director), James Demare (Insider), Lindsay Hans (President, Merrill Wealth Management), Matthew Koder (Insider), Bernard Mensah (President of International, Bank of America Chief Executive Officer, MLI), Brian Moynihan (Chairman & CEO), Thong Nguyen (Vice Chairman), and Andrew Sieg (Insider). Learn More on Bank of America's active insiders.
Are insiders buying or selling shares of Bank of America?: During the last twelve months, Bank of America insiders bought shares 1 times. They purchased a total of 116 shares worth more than $1,433.76. During the last twelve months, insiders at the financial services provider sold shares 31 times. They sold a total of 169,617,483 shares worth more than $6,952,319,792.10. The most recent insider tranaction occured on October, 15th when Major Shareholder Berkshire Hathaway Inc sold 8,694,538 shares worth more than $369,952,591.90. Insiders at Bank of America own 0.3% of the company. Learn More about insider trades at Bank of America.
Information on this page was last updated on 10/15/2024.

James P. Demare Insider Trading History at Bank of America

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/1/2023	Sell	75,000	$31.53	$2,364,750.00	185,108

James P. Demare Buying and Selling Activity at Bank of America

Bank of America Company Overview

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, non-interest and interest-bearing checking accounts, and investment accounts and products; credit and debit cards; residential mortgages, and home equity loans; and direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The GWIM segment provides investment management, brokerage, banking, and trust and retirement products and services; wealth management solutions; and customized solutions, including specialty asset management services. The Global Banking segment offers lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, short-term investing options, and merchant services; working capital management solutions; debt and equity underwriting and distribution, and merger-related and other advisory services; and fixed-income and equity research, and certain market-based services. The Global Markets segment provides market-making, financing, securities clearing, settlement, and custody services; securities and derivative products; and risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1784 and is based in Charlotte, North Carolina.

Today's Range

Now: $39.53

$39.60

$39.86

50 Day Range

MA: $40.36

$34.37

$46.19

2 Week Range

Now: $39.53

$33.07

$48.08

Volume

3,826,107 shs

Average Volume

39,016,112 shs

Market Capitalization

$300.50 billion

P/E Ratio

12.29

Dividend Yield

2.62%

Beta

1.24