BANK OF AMERICA

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Corporate and Financial News

7/15/15 7:00 am EDT

Second-quarter 2015 Earnings Press Release

Supplemental Second-quarter 2015 Financial Information

Bank of America Corporation today reported net income of $5.3 billion, or $0.45 per diluted share, for the second quarter of 2015, compared to $2.3 billion, or $0.19 per share, in the year-ago period. Revenue, net of interest expense, on an FTE basis, rose $385 million, or 2 percent, from the second quarter of 2014 to $22.3 billion(I). more...

7/9/15 11:00 am EDT

Bank of America Corporation today announced the Board of Directors has authorized dividends on the following series of preferred stock:

A quarterly cash dividend of $0.38775 per depositary share on the 6.204 percent Non-Cumulative Preferred Stock, Series D, is payable on September 14 to shareholders of record as of August 31.

A quarterly cash dividend of $0.25556 per depositary share on the Floating Rate Non-Cumulative more...

6/26/15 10:34 am EDT

Bank of America Corporation announced today a redemption notice will be submitted to the property trustee for Barnett Capital III, which will result in the redemption of all $63,805,000 aggregate liquidation amount outstanding of the Floating Rate Capital Securities of Barnett Capital III.

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6/19/15 9:00 am EDT

Bank of America Corporation today announced the Board of Directors authorized a regular quarterly cash dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on July 30 to shareholders of record as of July 1.

The board also authorized a regular quarterly cash dividend of $0.40625 per depositary share on the 6.50 percent Non-Cumulative Preferred Stock more...

6/2/15 10:30 am EDT

Bank of America Chief Financial Officer Bruce Thompson will participate in the Morgan Stanley Financials Conference on Tuesday, June 9 at 2:25 p.m. Eastern Time.

A live audio webcast will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. A replay will also be available. more...

5/29/15 3:08 pm EDT

Bank of America today entered into a consent order with the Office of the Comptroller of the Currency (OCC) in which it agreed to continue to make improvements to its compliance practices, specifically enhancing its non-home loan collections litigation and Servicemembers' Civil Relief Act (SCRA) processes as well as its enterprise compliance program.

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5/20/15 8:35 am EDT

Bank of America Chief Executive Officer Brian Moynihan will participate in the Bernstein Strategic Decisions Conference on Wednesday, May 27 at 8 a.m. Eastern Time.

A live audio webcast will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. A replay will also be available. more...

5/13/15 10:30 am EDT

Bank of America Corporation today announced it will report second-quarter 2015 financial results on Wednesday, July 15. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.

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5/6/15 11:31 am EDT

Bank of America Corporation today announced the voting results of matters considered during the company’s annual meeting of shareholders in Charlotte.

Shareholders elected the 13 board of director nominees, approved a management advisory proposal on compensation of named executive officers, ratified the appointment of the company’s independent accounting firm and approved the amendment and restatement of the 2003 Key Associate more...

4/16/15 4:30 pm EDT

Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable June 26 to shareholders of record as of June 5.

The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable July 24 to shareholders of record as of July 10. more...

4/15/15 7:00 am EDT

First-quarter 2015 Earnings Press Release

Supplemental First-quarter 2015 Financial Information

Bank of America Corporation today reported net income of $3.4 billion, or $0.27 per diluted share, for the first quarter of 2015, compared to a loss of $276 million, or $0.05 per share, in the year-ago period. more...

4/13/15 11:00 am EDT

Bank of America Corporation today announced the Board of Directors has authorized dividends on preferred stock.

A quarterly cash dividend of $0.38775 per depositary share on the 6.204 percent Non-Cumulative Preferred Stock, Series D, is payable on June 15 to shareholders of record as of May 29.

A quarterly cash dividend of $0.24722 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series E, is payable on more...

3/18/15 2:00 pm EDT

Bank of America Corporation today announced the Board of Directors authorized a regular quarterly cash dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on April 30 to shareholders of record as of April 1.

The board also authorized a regular quarterly cash dividend of $0.40625 per share on the 6.50 percent Non-Cumulative Preferred Stock, Series Y more...

3/11/15 4:50 pm EDT

Bank of America today announced that the company’s Board of Directors authorized a $4 billion common stock repurchase program.

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3/5/15 5:17 pm EST

Bank of America today released the results of its 2015 stress test. Under the Dodd-Frank Act, systemically important institutions are required to conduct an annual stress test and publish the results.

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2/10/15 3:30 pm EST

Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable March 27 to shareholders of record as of March 6.

The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable April 24 to shareholders of record as of April more...

2/6/15 10:30 am EST

Bank of America Corporation today announced it will report its first-quarter 2015 financial results on Wednesday, April 15. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.

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1/15/15 7:00 am EST

Fourth-quarter 2014 Earnings Press Release

Supplemental Fourth-quarter 2014 Financial Information

Bank of America Corporation today reported net income of $3.1 billion, or $0.25 per diluted share, for the fourth quarter of 2014, compared to $3.4 billion, or $0.29 per diluted share in the year-ago period. Revenue, net of interest expense, on an FTE basis(B) was $19.0 billion, compared to $21.7 billion in the fourth quarter of 2013. more...

1/9/15 4:09 pm EST

Bank of America Corporation today announced the Board of Directors has authorized dividends on preferred stock.

A quarterly cash dividend of $0.38775 per depositary share on the 6.204 percent Non-Cumulative Preferred Stock, Series D, is payable on March 16, to shareholders of record as of February 27.

A quarterly cash dividend of $0.25556 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series E, is more...

12/17/14 1:28 pm EST

Bank of America Corporation today announced the Board of Directors authorized a regular quarterly cash dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on January 30, 2015 to shareholders of record as of January 1, 2015.

more...
12/2/14 11:30 am EST

Bank of America Chief Executive Officer Brian Moynihan will present at the Goldman Sachs U.S. Financial Services Conference in New York on Tuesday, December 9, at 8:40 a.m. Eastern Time.

A live audio webcast will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. A replay will also be available. more...

11/24/14 10:30 am EST

Bank of America Corporation today announced it will report its fourth-quarter 2014 financial results on Thursday, January 15, 2015. The results are scheduled to be released at 7 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.

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11/6/14 4:30 pm EST

Bank of America Corporation today announced an adjustment to its financial results for the third quarter ended September 30, 2014 to include additional litigation expense related to its foreign exchange business.

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11/5/14 9:00 am EST

Bank of America Chief Executive Officer Brian Moynihan will welcome attendees to the Bank of America Merrill Lynch Banking and Financial Services Conference on Wednesday, November 12 at 8 a.m. Eastern Time in New York.

A live audio webcast of his remarks will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. more...

10/23/14 3:13 pm EDT

Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable December 26 to shareholders of record as of December 5.

The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable January 23, 2015 to shareholders of record as more...