CHARLOTTE, N.C., July 19, 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 Share
or Depositary Share1
Record Date
Payment Date
Floating Rate Non-CumulativePreferred Stock, Series E
$0.37912
July 31
August 15
Floating Rate Non-Cumulative Preferred Stock, Series F
$1,533.54544
August 30
September 16
Adjustable Rate Non-CumulativePreferred Stock, Series G
$1,533.54544
August 30
September 16
Fixed-to-Floating Rate Non-CumulativePreferred Stock, Series X
$31.25
August 15
September 5
Floating Rate Non-CumulativePreferred Stock, Series 1
$0.39672
August 15
August 28
Floating Rate Non-CumulativePreferred Stock, Series 2
$0.39915
August 15
August 28
Floating Rate Non-CumulativePreferred Stock, Series 4
$0.40553
August 15
August 28
Floating Rate Non-Cumulative Preferred Stock, Series 5
$0.38892
August 1
August 21
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA
$30.50
September 1
September 17
Fixed-to-Floating Rate Non-CumulativePreferred Stock, Series DD
$31.50
August 15
September 10
Fixed-to-Floating Rate Non-CumulativePreferred Stock, Series FF
$29.375
September 1
September 16
6.000% Non-CumulativePreferred Stock, Series GG
$0.375
August 1
August 16
5.375% Non-Cumulative Preferred Stock, Series KK
$0.3359375
September 1
September 25
5.000% Non-Cumulative Preferred Stock, Series LL
$0.3125
September 1
September 17
4.250% Non-Cumulative Preferred Stock, Series QQ
$0.2656250
August 1
August 19
4.750% Non-Cumulative Preferred Stock, Series SS
$0.2968750
August 1
August 19
Media Interested in Covering the Race Can Now Apply for Credentials
CHICAGO, July 18, 2024 /PRNewswire/ -- The professional athlete field for the 46th running of the Bank of America Chicago Marathon was announced today. It features two of the top 10 fastest women of all time, two of the world's most exciting marathon stars racing in the United States for the first time and both defending champions in the wheelchair field.
CHARLOTTE, N.C., 16. Juli 2024 /PRNewswire/ -- Die Bank of America hat heute ihre Finanzergebnisse für das zweite Quartal 2024 bekannt gegeben. Die Pressemitteilung, die ergänzenden Unterlagen und die Investorenpräsentation können auf der Investor-Relations-Website der Bank of America unter https://investor.bankofamerica.com/quarterly-earnings abgerufen werden.
Informationen zur Telefonkonferenz für Investoren: Chief Executive Officer Brian Moynihan und Chief Financial Officer Alastair Borthwick werden die Finanzergebnisse heute um 8:30 Uhr ET in einer Telefonkonferenz erläutern. Wenn Sie sich als Zuhörer in die Telefonkonferenz einwählen möchten, wählen Sie 1.877.200.4456 (USA) oder 1.785.424.1732 (international). Die Konferenz-ID lautet 79795. Bitte wählen Sie sich 10 Minuten vor dem Beginn der Telefonkonferenz ein.
CHARLOTTE, N.C., July 16, 2024 /PRNewswire/ -- Bank of America reported its second quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
Investor Conference Call information:Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.
CHARLOTTE, N.C., July 16, 2024 /PRNewswire/ -- Bank of America reported its second quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
Investor Conference Call information:Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.
CHARLOTTE, N.C., July 16, 2024 /PRNewswire/ -- Bank of America reported its second quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
Investor Conference Call information:Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.
CHARLOTTE, N.C., July 16, 2024 /CNW/ -- Bank of America reported its second quarter 2024 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
Investor Conference Call information:Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.
New On-Demand Service Includes Investigation Capabilities that Improve Ease of Doing Business
NEW YORK, July 11, 2024 /PRNewswire/ -- When it comes to finding, analyzing and acting on their company's financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal finances. That's why today, Bank of America is unveiling a powerful transaction search engine with integrated investigation capabilities on CashPro.
Better Money Habits® Survey Indicates Younger Americans are Delaying Milestones and Implementing Lifestyle Changes to Adapt to Today's Economic Realities
CHARLOTTE, N.C., July 10, 2024 /PRNewswire/ -- Today, 46% of Gen Zers (ages 18-27) rely on financial assistance from parents and family, according to new research from Bank of America America's Better Money Habits® financial education team. In addition, 52% of those surveyed said they don't make enough money to live the life they want and cite the cost of living as a top barrier to financial success. Many said they are delaying milestones and are not on track to buy a home (50%), save for retirement (46%), or start investing (40%) within the next five years – even though they are working toward those goals.
CHARLOTTE, N.C., July 9, 2024 /PRNewswire/ -- As previously announced, Bank of America will report its second-quarter 2024 financial results on Tuesday, July 16. The results will be released at approximately 6:45 a.m. ET, followed by an investor conference call at 8:30 a.m. ET.
The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
CHARLOTTE, N.C., June 28, 2024 /PRNewswire/ -- Bank of America today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.26 per share beginning in the third quarter of 2024.
Based on the 2024 CCAR results, Bank of America's stress capital buffer (SCB) will be 3.2% and the CET1 minimum requirement will be 10.7% when finalized. This new SCB will be effective from October 1, 2024 to September 30, 2025. At March 31, 2024 Bank of America had $197 billion of regulatory CET1 capital and a CET1 ratio of 11.9% which exceeds our current regulatory minimum requirement of 10.0%.
CHARLOTTE, N.C., June 21, 2024 /PRNewswire/ -- Bank of America Corporation ("BAC") (NYSE: BAC) has issued and outstanding certain floating or fixed-to-floating rate debt securities, listed in Annexes 1, 2 and 3 to this press release for which the Canadian dollar Bankers' Acceptance Rate ("CDOR"), which is also known as the Canadian Dollar Offered Rate, for an index maturity of three months ("Three-Month CDOR") serves as the base rate used or to be used in calculating or determining applicable interest payments (the "CDOR Securities"). On May 16, 2022, Refinitiv Benchmark Services (UK) Limited ("RBSL"), the administrator of CDOR, announced that the calculation and publication of all remaining CDOR tenors, including Three-Month CDOR, will permanently cease immediately following a final publication on Friday, June 28, 2024.
Millennials and Gen Z Allocate Three Times More of Their Investment Portfolios to Alternative Investments than Older Generations
NEW YORK, June 18, 2024 /PRNewswire/ -- High-net-worth individuals believe U.S. stocks offer the best opportunities for growing assets, but that conviction is less held by younger investors finds the 2024 Bank of America Private Bank Study of Wealthy Americans. Millennials and Gen Z are increasingly looking beyond the traditional stock and bond markets to build their wealth and are driving demand for everything from investment real estate and private equity to digital assets and gold.
CHARLOTTE, N.C., June 12, 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
July 1
July 30
5.875% Non-CumulativePreferred Stock, Series HH
$0.3671875
July 1
July 24
Fixed-to-Floating Rate Non-CumulativePreferred Stock, Series MM
$21.50
July 1
July 29
4.375% Non-CumulativePreferred Stock, Series NN
$0.2734375
July 15
August 5
4.125% Non-CumulativePreferred Stock, Series PP
$0.2578125
July 15
August 2
4.375% Fixed-Rate Reset Non-CumulativePreferred Stock, Series RR
$10.9375000
July 1
July 29
6.125% Fixed-Rate Reset Non-CumulativePreferred Stock, Series TT
$15.3125000
July 1
July 29
CHARLOTTE, N.C., June 10, 2024 /PRNewswire/ -- Bank of America today announced the following reporting dates for quarterly financial results. The results are scheduled to be announced each quarter by press release at approximately 6:45 a.m. Eastern Time with investor calls at the times below (all times Eastern).
Fourth quarter 2024 – Thursday, January 16, 2025; 11 a.m. investor call.First quarter 2025 – Tuesday, April 15, 2025; 8:30 a.m. investor call.Second quarter 2025 – Wednesday, July 16, 2025; 8 a.m. investor call.Third quarter 2025 – Wednesday, October 15, 2025; 8:30 a.m. investor call.
Event impact goes beyond 26.2 miles supporting hundreds of organizations
BOSTON, May 30, 2024 /PRNewswire/ -- The Boston Athletic Association (B.A.A.) announced today that the total funds raised through the 2024 Boston Marathon presented by Bank of America reached a record total of $71.9 million.
Combining funds raised through the 168 non-profit organizations in the Bank of America Boston Marathon Official Charity Program – $45.7 million – with other donations and fundraising from race participants, the 2024 total surpasses the previous record of $40.2 million set last year. This brings the total charitable fundraising since the program began in 1989 to over $550 million.
2024 Workplace Benefits Report finds financial wellness gender gap widening and greater concern over cost-of-living increases
CHARLOTTE, N.C., May 21, 2024 /PRNewswire/ -- Today, 47% of American workers feel financially well, up from 42% at this time last year. This is according to Bank of America's 14th annual Workplace Benefits Report, "The Resurging Workforce." Conducted in partnership with Bank of America Institute, the report also found that 53% of employees are concerned that economic uncertainty will affect their long-term retirement savings, down from 63% in 2023.
CHARLOTTE, N.C., May 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No. 060505FN9), liquidation preference $25,000 per share (the "Series JJ Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Series JJ Preferred Stock (CUSIP No. 060505FP4) (the "Series JJ Depositary Shares"). Bank of America also announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U (CUSIP No. 060505EE0), liquidation preference $25,000 per share (the "Series U Preferred Stock"), and the corresponding Depositary Shares, each representing a 1/25th interest in a share of Series U Preferred Stock (CUSIP No. 060505ED2) (the "Series U Depositary Shares").
More boomers favor renting, with little interest in buying a home
CHARLOTTE, N.C., May 15, 2024 /PRNewswire/ -- Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they're not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a new Bank of America Homebuyer Insights Report (HBIR), conducted in partnership with Bank of America Institute.
CHARLOTTE, N.C., May 10, 2024 /PRNewswire/ -- Bank of America today announced that it recently learned of an unsolicited "mini-tender" offer made by Tutanota LLC (Tutanota) to Bank of America shareholders to purchase up to 1 million shares of Bank of America common stock at $40.00 per share. The offer price of $40.00 per share is conditioned on, among other things, the closing price per share of Bank of America's common stock exceeding $40.00 per share on the last trading day before the offer expires. This means that unless this condition is waived by Tutanota, Bank of America shareholders who tender their shares in the offer will receive a below-market price. Tutanota can extend the offer for successive periods of 45 to 180 days, in which case payment would be delayed beyond the scheduled expiration date of Friday, May 31, 2024.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.