BANK OF AMERICA

Newsroom

 

Corporate and Financial News

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.

more...
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.

more...
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.

more...
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.

more...
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.

more...
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...

10/15/14 7:00 am EDT

Third-quarter 2014 Earnings Press Release

Supplemental Third-quarter 2014 Financial Information

Bank of America Corporation today reported net income of $168 million for the third quarter of 2014. After deducting dividends on preferred shares, the company reported a loss of $0.01 per share. The results include the previously announced pretax charge of $5.3 billion for the settlement with the Department of Justice, certain federal agencies and six states (DoJ Settlement), which impacted earnings more...

10/9/14 3:00 pm 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 December 15 to shareholders of record as of November 28.

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

10/1/14 4:45 pm EDT

Bank of America’s Board of Directors elected Chief Executive Officer Brian Moynihan as chairman, succeeding Charles “Chad” Holliday, Jr., effective immediately. Jack Bovender, Jr., a member of the board of directors since August 2012, will become the board’s lead independent director.

more...
9/16/14 11:10 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 October 30, 2014 to shareholders of record as of October 1, 2014.

more...
9/15/14 5:02 pm EDT

Bank of America today published the results of the 2014 Dodd-Frank Act Mid-Cycle Stress Test on the company’s Investor Relations website at http://investor.bankofamerica.com.

more...
9/9/14 2:30 pm EDT

Bank of America Consumer and Business Banking Executives Dean Athanasia and Thong Nguyen will participate in the RBC Capital Markets 2014 Financial Institutions Conference on September 16 at 7:30 a.m. ET.

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...

9/3/14 11:30 am EDT

Bank of America Chief Financial Officer Bruce Thompson will participate in the Barclays Global Financial Services Conference on September 10 at 11:15 a.m. ET.

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...

8/29/14 10:00 am EDT

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

more...
8/21/14 9:04 am EDT

Bank of America announced today that it has reached a comprehensive settlement with the U.S. Department of Justice (DoJ), certain federal agencies and six states.

more...
8/6/14 12:30 pm EDT

Bank of America Corporation announced today that the Board of Directors 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 October 24 to Series B shareholders of record as of October 10.

more...
8/6/14 9:15 am EDT

Bank of America announced today that its Board of Directors approved an increase in the quarterly common stock dividend to $0.05 per share from $0.01 per share. The dividend is payable September 26 to shareholders of record as of September 5.

This marks the first increase in Bank of America’s quarterly common stock dividend in seven years and reflects the significant progress the company has made to strengthen the balance sheet and more...