BAC · News · 20261022N

Competition and Market Share

BANK OF AMERICA CORP /DE/ · 2026-10-22 · Importance 30 · Surprise 40

Bank of America held 24.91% of Massachusetts deposits in 2026, equivalent to $100.4 billion. Its share was substantially larger than Citizens Bank’s 14.7%. The 25 largest banks in Massachusetts collectively held $340.84 billion in deposits, while Eastern Bank’s deposits grew 20% and moved it ahead of TD Bank in the rankings.

Key facts

• Crossmark Global Holdings Inc. reduced its stake in Bank of America Corporation by 3.3% in the third quarter, selling 37,008 shares. source
• Vest Financial LLC increased its stake in Bank of America Corporation by 8.7% in the third quarter, holding 1.45 million shares valued at approximately $79.2 million. source