Acquisition History / NationsBank / BankAmerica

NationsBank Acquires BankAmerica

Announced January 1998 — $62B

NationsBank1998

What happened

BankAmerica was a company, acquired by NationsBank for $62 billion.

Acquirer
NationsBank
Target
BankAmerica
Announced
January 1998
Price
$62B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

NationsBank's acquisition history
2nd of 3 tracked deals
Disclosed prices
3 of 3 NationsBank deals
NationsBank's average disclosed price
$29.03B
NationsBank's largest disclosed deal
BankAmerica ($62B)
Tracked acquisitions in 1998
46 across all acquirers

Frequently Asked Questions About This Acquisition

When did NationsBank acquire BankAmerica?

NationsBank acquired BankAmerica on January 1998. This was NationsBank's 2nd publicly tracked acquisition out of 3 we have on record.

How much did NationsBank pay for BankAmerica?

NationsBank paid $62B for BankAmerica.

What does BankAmerica do?

BankAmerica was a company, acquired by NationsBank for $62 billion.

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More NationsBank acquisitions

See all 3 NationsBank acquisitions →