BAC Stock Recent News

Bank of America Chairman and CEO Brian Moynihan talks about consumer spending, the need for the Federal Reserve to cut interest rates "a little," and how regulators need to take a closer look at the rules for banks. He speaks to Bloomberg's David Westin.

Bank of America CEO Brian Moynihan discusses his outlook for financial stocks and his thoughts on the incoming Trump administration.

Bank of America CEO Brian Moynihan on Tuesday discussed the state of the economy and consumer.

Bank of America CEO Brian Moynihan joins 'Squawk Box' to discuss the latest market trends, what to expect in 2025, his thoughts on the incoming Trump administration, M&A and regulatory outlook, impact of Trump's tariff proposals, state of economy, strength of the consumer, the Fed's inflation fight, and more.

There are many different types of investors on Wall Street, but the CEO of Berkshire Hathaway (BRK.A -0.31%) (BRK.B -0.59%) is in a class of his own. Since taking the helm at the holding company, he's delivered a 4,615,876% return.

CHARLOTTE, N.C. , Dec. 16, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Shareor Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative PerpetualConvertible Preferred Stock, Series L $18.125 January 1 January 30 5.875% Non-Cumulative PreferredStock, Series HH $0.3671875 January 1 January 24 Fixed-to-Floating Rate Non-CumulativePreferred Stock, Series MM $21.50 January 1 January 28 4.375% Non-Cumulative PreferredStock, Series NN $0.2734375 January 15 February 3 4.125% Non-Cumulative PreferredStock, Series PP $0.2578125 January 15 February 3 4.375% Fixed-Rate Reset Non-CumulativePreferred Stock, Series RR $10.9375000 January 1 January 27 6.125% Fixed-Rate Reset Non-CumulativePreferred Stock, Series TT $15.3125000 January 1 January 27 1 Each series of preferred stock, othe

CNBC's Leslie Picker reports on news regarding the incoming administration.

In the third quarter alone, Warren Buffett and his team at Berkshire Hathaway have offloaded a staggering 235 million shares of Bank of America (BAC). The conglomerate's share sales were notable, as Berkshire's previous stake was more than 10%, which required public disclosure via Form 4 to the Securities and Exchange Commission (SEC) every time it made a sale.

Warren Buffett-led Berkshire Hathaway owns numerous businesses in its public equities portfolio. While Apple gets a lot of the attention, mainly because it's a large position that has crushed the market in recent years, there's one financial stock that shouldn't fly under the radar.

BAC expects IB, NII and wealth management fees to grow in the fourth quarter of 2024. The bank also unveils new and updated guidance for loans and deposits.