BAC Stock Recent News

CHARLOTTE, N.C. , March 13, 2025 /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 Share or Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.1250000 April 1 April 30 5.875% Non-Cumulative Preferred Stock, Series HH $0.3671875 April 1 April 24 4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 April 15 May 5 4.125% Non-Cumulative Preferred Stock, Series PP $0.2578125 April 15 May 2 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 April 1 April 28 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 April 1 April 28 1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Vivek Arya, Bank of America senior semiconductor analyst, joins 'The Exchange' to discuss why the market is responding positively to Intel's chief executive announcement, if a split up of Intel is now finished, and much more.

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations in the first half of the year.

Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday.

With inflation already weighing heavily on American families, new tariffs on imported goods are set to intensify financial strain, particularly for low-income households. The impact of these levies—targeting everyday items like clothing, electronics, and groceries—will ripple through consumer spending habits and drive up costs in sectors where affordability is already a concern.Economists from Bank of America and BNP Paribas expect the February Consumer Price Index (CPI) report to provide the first clear indications of these tariffs’ effect, with further increases anticipated in the coming months. As US retailers, including Target and Best Buy, brace for higher costs, long-term inflation expectations have climbed to near 30-year highs. The burden will fall hardest on those already struggling with rising living expenses, as businesses pass higher import costs onto consumers.Low-income consumers hit hardest by rising costsFamilies with tighter budgets, who typically allocate a

Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel matters.

CHARLOTTE, N.C. , March 7, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on March 16, 2025 all CAD400,000,000 principal amount outstanding of its Floating Rate Senior Notes, due March 2026 (CUSIP No.

A mixed Friday morning shed some spots of light through the market. Diane King Hall discusses Baird's upgrades on Bank of America (BAC) and JPMorgan Chase (JPM) on expectations long-term outlook for banks will improve.

While the recent volatility breakouts in the S&P 500 have scared some investors out of the consumer discretionary space, as cyclical stocks tend to underperform during times of uncertainty, a few positive developments have emerged. Today, macroeconomic data in the United States economy will pay dividends for investors who are willing to look where most won't.