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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 Share1
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
Organizers of the Bank of America Chicago Distance Series Unveil New Event Logos
CHICAGO, Dec. 12, 2024 /PRNewswire/ -- The Bank of America Chicago Marathon will notify runners today of their selection status for the 2025 event. The race, which is the final event in the Bank of America Chicago Distance Series, continues to see unprecedented interest with more than 160,000 individuals applying for a chance to participate. Those who secure an entry into the race will join another record-breaking field with more than 53,000 participants expected to cross the finish line in Grant Park on Sunday, October 12, 2025.
Clients Turn to Mobile for Added Visibility and Control Over Their Payments
NEW YORK, Dec. 10, 2024 /PRNewswire/ -- By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the bank's CashPro App, the mobile application that companies use to manage their treasury operations. This will represent a more than 25% year-over-year increase in payments approved via the app, illustrating that clients are further utilizing the technology for its enhanced security and convenience.
BofA Economists and Strategists Forecast the US Economy to Continue to Outperform and the S&P 500 to Reach 6666 by Year-end
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- While we await key details on policy changes in the US, indications thus far suggest the outlook for 2025 could present big opportunities for investors. The US economy is on strong footing, with growing signs of a pickup in productivity growth as we head into the new year. In their newly released outlook for 2025, BofA Global Research economists and strategists expect US economic and earnings growth to outpace that of other developed economies, while US equities should start the year off strong and end 2025 with the S&P 500 at 6666. Policy changes, including tariffs, tax policy, and the regulatory environment, should have almost as much impact on the rest of the world as they will for the US. As the year progresses, international opportunities should present themselves: European stocks are forecasted to slow but rebound to current levels by year-end 2025, and in China, domestic stimulus measures should offset any slowdown brought on by changes to trade policies.
BofA Economists and Strategists Forecast the US Economy to Continue to Outperform and the S&P 500 to Reach 6666 by Year-end
NEW YORK, Dec. 3, 2024 /CNW/ -- While we await key details on policy changes in the US, indications thus far suggest the outlook for 2025 could present big opportunities for investors. The US economy is on strong footing, with growing signs of a pickup in productivity growth as we head into the new year. In their newly released outlook for 2025, BofA Global Research economists and strategists expect US economic and earnings growth to outpace that of other developed economies, while US equities should start the year off strong and end 2025 with the S&P 500 at 6666. Policy changes, including tariffs, tax policy, and the regulatory environment, should have almost as much impact on the rest of the world as they will for the US. As the year progresses, international opportunities should present themselves: European stocks are forecasted to slow but rebound to current levels by year-end 2025, and in China, domestic stimulus measures should offset any slowdown brought on by changes to trade policies.
BofA Economists and Strategists Forecast the US Economy to Continue to Outperform and the S&P 500 to Reach 6666 by Year-end
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- While we await key details on policy changes in the US, indications thus far suggest the outlook for 2025 could present big opportunities for investors. The US economy is on strong footing, with growing signs of a pickup in productivity growth as we head into the new year. In their newly released outlook for 2025, BofA Global Research economists and strategists expect US economic and earnings growth to outpace that of other developed economies, while US equities should start the year off strong and end 2025 with the S&P 500 at 6666. Policy changes, including tariffs, tax policy, and the regulatory environment, should have almost as much impact on the rest of the world as they will for the US. As the year progresses, international opportunities should present themselves: European stocks are forecasted to slow but rebound to current levels by year-end 2025, and in China, domestic stimulus measures should offset any slowdown brought on by changes to trade policies.
BofA Economists and Strategists Forecast the US Economy to Continue to Outperform and the S&P 500 to Reach 6666 by Year-end
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- While we await key details on policy changes in the US, indications thus far suggest the outlook for 2025 could present big opportunities for investors. The US economy is on strong footing, with growing signs of a pickup in productivity growth as we head into the new year. In their newly released outlook for 2025, BofA Global Research economists and strategists expect US economic and earnings growth to outpace that of other developed economies, while US equities should start the year off strong and end 2025 with the S&P 500 at 6666. Policy changes, including tariffs, tax policy, and the regulatory environment, should have almost as much impact on the rest of the world as they will for the US. As the year progresses, international opportunities should present themselves: European stocks are forecasted to slow but rebound to current levels by year-end 2025, and in China, domestic stimulus measures should offset any slowdown brought on by changes to trade policies.
BofA Economists and Strategists Forecast the US Economy to Continue to Outperform and the S&P 500 to Reach 6666 by Year-end
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- While we await key details on policy changes in the US, indications thus far suggest the outlook for 2025 could present big opportunities for investors. The US economy is on strong footing, with growing signs of a pickup in productivity growth as we head into the new year. In their newly released outlook for 2025, BofA Global Research economists and strategists expect US economic and earnings growth to outpace that of other developed economies, while US equities should start the year off strong and end 2025 with the S&P 500 at 6666. Policy changes, including tariffs, tax policy, and the regulatory environment, should have almost as much impact on the rest of the world as they will for the US. As the year progresses, international opportunities should present themselves: European stocks are forecasted to slow but rebound to current levels by year-end 2025, and in China, domestic stimulus measures should offset any slowdown brought on by changes to trade policies.
Philanthropic Program has trained more than 4,000 leaders at nearly 2,000 US nonprofits since 2004
CHARLOTTE, N.C., Dec. 3, 2024 /PRNewswire/ -- Bank of America is celebrating two decades of its signature Neighborhood Builders® program—one of the country's largest and longest-standing philanthropic investments in leadership—providing funding and leadership training to nonprofits advancing economic mobility across the U.S.