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Corporate and Financial News

3/26/14 4:36 pm EDT

Bank of America today announced that it intends to increase its quarterly common stock dividend to $0.05 per share, beginning in the second quarter of 2014. Also, the Board of Directors authorized a new $4.0 billion common stock repurchase program. This authorization, which covers both common stock and warrants, replaces the prior year’s common stock repurchase program that expires on March 31, 2014.

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3/20/14 5:00 pm EDT

Bank of America today made available the results of the company’s 2014 Dodd-Frank Act Annual Stress Test on the Bank of America Investor Relations website at http://investor.bankofamerica.com under Events and Presentations. more...

3/17/14 10:55 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 April 30, 2014 to shareholders of record as of April 1, 2014.

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3/7/14 10:00 am EST

Bank of America Corporation today announced it will report its first-quarter 2014 financial results on Wednesday, April 16, 2014. 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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2/11/14 10:40 am EST

Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable March 28, 2014 to shareholders of record as of March 7, 2014.

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 25, 2014 to shareholders of record more...

2/4/14 1:00 pm EST

John Thiel, managing director and head of Merrill Lynch Wealth Management, and Andy Sieg, managing director and head of Global Wealth and Retirement Solutions, will present at the Credit Suisse Financial Services Forum on Tuesday, February 11, at 1 p.m. Eastern Time.

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

1/15/14 7:00 am EST

Fourth-quarter 2013 Earnings Press Release (PDF)

Supplemental Fourth-quarter 2013 Financial Information

Bank of America Corporation today reported net income of $3.4 billion, or $0.29 per diluted share, for the fourth quarter of 2013, compared to $732 million, or $0.03 per diluted share in the year-ago period. Revenue, net of interest expense, on an FTE basisA rose 15 percent from the fourth quarter of 2012 to $21.7 billion. more...

1/14/14 11:00 am 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 14, 2014 to shareholders of record as of February 28, 2014.

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