BAC Stock Recent News

QR code technology is an increasingly popular sign-in method among Bank of America's corporate and commercial clients. The number of business clients using QR sign-in to access the bank's digital banking platform, CashPro, increased by 60% in 2024, Bank of America said in a Tuesday (May 20) press release emailed to PYMNTS.

Convenience, Security and Integration with Biometrics Drive Growth in Adoption of QR Sign-In Technology NEW YORK and LONDON and HONG KONG , May 20, 2025 /PRNewswire/ -- Every day, thousands of CFOs and treasurers use QR code technology to sign-in to CashPro, Bank of America's digital banking platform accessed by more than 40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform self-service requests. The identity and authentication technology, introduced in 2022, recently surpassed two million uses and saw 60% growth in adoption over the last year1.

Moody's downgrades rating on JPM, BAC, WFC, BK and STT after it lowered the U.S. sovereign credit ratings.

Close Key Takeaways Palantir shares slid Monday amid a broader market decline in the wake of a U.S. credit downgrade from Moody’s.The U.S. faces “persistent, large fiscal deficits” that show no signs of slowing, the ratings agency said Friday.Despite Monday's losses, Palantir shares have added about two-thirds of their value in 2025. Palantir (PLTR) shares slid Monday, amid a broader market decline in the wake of a U.S. credit downgrade from Moody's Friday. Moody’s said the U.S. faces “persistent, large fiscal deficits” that show no signs of slowing. The downgrade places the U.S. government one notch below Moody’s top Aaa status. (Read Investopedia's live coverage of today's market action here.) Palantir shares were down 3% in recent trading Monday. Still, shares of the AI software company have added about two-thirds of their value in 2025 and hit a record high last week on optimism around an improving trade environment. Bank of America analysts last week called the compa

Bank of America's fixed-rate Series PP preferred shares offer the highest capital appreciation potential, trading at a 34% discount to par with a 6.2% yield. Recent financials show net interest margin improvement and accelerating loan growth, but rising external borrowing is a headwind for common shares. Deposit growth remains muted, and the increasing loan-to-deposit ratio could pressure future earnings, reinforcing my preference for preferred shares over common.

Dividend stocks are a foundational building block for creating a retirement portfolio, offering a reliable income stream and potential for capital appreciation.

There's arguably no announcement that's packed with more information and clues about the stock market and the companies powering it higher or lower than quarterly Form 13F filings with the Securities and Exchange Commission (SEC).

The banks are planning to remain on the underwriting team, setting up a nasty confrontation with the committee as CATL begins to sell stock to the public.

Coming June 1, New Customized Cash Rewards Cardholders Will Earn 6% Cash Back and New Unlimited Cash Rewards Cardholders Will Earn 2% Cash Back on All Purchases for the First 12 Months CHARLOTTE, N.C. , May 16, 2025 /PRNewswire/ -- Bank of America today announced enhanced cash back rewards offerings for new cardholders of the Customized Cash Rewards credit card and Unlimited Cash Rewards credit card during their first year, delivering even greater value to clients.

The artificial intelligence rally over the past two and a half years, led by the so-called Magnificent 7, was remarkable if you owned those stocks.