Corporate and Financial News

6/13/19 9:30 am EDT

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       more...
6/5/19 11:00 am EDT

The president of Merrill Lynch Wealth Management, Andy Sieg, will participate in the Morgan Stanley Financials Conference on Wednesday, June 12 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.

 

 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations more...

5/30/19 11:30 am EDT

Bank of America today announced the following 2020 reporting dates for quarterly financial results:

  • Fourth quarter 2019 - Wednesday, January 15, 2020
  • First quarter 2020 - Wednesday, April 15, 2020
  • Second quarter 2020 - Thursday, July 16, 2020
  • Third quarter 2020 - Wednesday, October 14, 2020

The results will be released at 6:45 a.m. more...

5/22/19 11:00 am EDT

Bank of America Chief Executive Officer Brian Moynihan will participate in the Bernstein Strategic Decisions Conference on Wednesday, May 29 at 3:30 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.

 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a more...

5/21/19 11:00 am EDT

Bank of America President of Consumer and Small Business Dean Athanasia will participate in the Deutsche Bank Global Financial Services Conference on Tuesday, May 28 at 1:10 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.

 

 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market more...

5/15/19 9:00 am EDT

Last month, Bank of America announced that it would raise its minimum hourly wage to $20 over a two-year period. The first increment to $17 was made on May 1, and is reflected in impacted employees’ paychecks this week. The hourly rate of pay will continue to increase until it reaches $20 in 2021. This is part of Bank of America’s commitment to being a great place to work and delivering sustainable, responsible growth through competitive benefits and programs that support the diverse needs of its 205,000+ employees.

more...
4/24/19 4:15 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 $0.15 per share, payable on June 28, 2019 to shareholders of record as of June 7, 2019.

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 on July 25, 2019 to shareholders of record as of July 11, 2019.

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4/24/19 10:53 am EDT

Bank of America Corporation today announced preliminary results of matters voted upon during the company’s 2019 annual meeting of stockholders.

The 16 board of director nominees were elected, with at least 96 percent of the vote cast in favor of each. An advisory proposal on executive compensation was approved, with more than 95 percent of the vote cast in favor. The appointment of the company’s independent accounting firm and a key employee equity plan amendment also were approved. No stockholder proposals were more...

4/16/19 6:45 am EDT

Bank of America reported its first-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

       - Q1 2019 Financial Results Press Release
  - more...
4/9/19 10:00 am EDT

As previously announced, Bank of America will report its first-quarter 2019 financial results on Tuesday, April 16. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.

The news release, supplemental filing and investor presentation can be accessed in the following ways:

  • Bank of America newsroom at more...
4/9/19 8:16 am EDT

Bank of America today announced that it will raise its minimum wage to $20 per hour over a two-year period. The increase will occur in increments. On May 1, 2019, the minimum hourly wage will increase to $17, and will continue to rise until it reaches $20 in 2021. This is part of the company’s commitment to being a great place to work and delivering sustainable, responsible growth through competitive benefits and programs that support the diverse needs of its 205,000+ employees.

“We are raising our minimum wage because we more...

4/5/19 9:30 am EDT

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:

more...
3/8/19 9:30 am EST

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        
Series of Preferred Stock      Dividend per Share
or Depositary Share
more...
2/25/19 11:34 am EST

Bank of America today shared additional updates to its brand positioning and logos that represent continued evolution of the brand that began in November 2018

The company, which reported record 2018 earnings and was named Euromoney’s 2018 World’s Best Bank and the only bank on the 2019 Fortune Best Large Companies to Work For, introduced the question “What would you like the power to do?” as the centerpiece of its repositioning in 2018. This reflects the more...

2/7/19 5:24 pm EST

Bank of America Corporation today announced an increase to its common stock repurchase program by an additional $2.5 billion in common stock to be repurchased by June 30, 2019.

The company previously announced plans on June 28, 2018 to repurchase $20.0 billion in common stock from July 1, 2018 through June 30, 2019, plus repurchases to offset shares awarded under equity-based compensation plans during the same period, estimated to be approximately $0.6 billion.

more...
1/30/19 4:30 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 $0.15 per share, payable on March 29, 2019 to shareholders of record as of March 1, 2019.

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 on April 25, 2019 to shareholders of record as of April 11, 2019.

Bank of America
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1/16/19 6:45 am EST

Bank of America reported its fourth-quarter 2018 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

              -   Q4 2018 Bank of America Financial Results Press Release 
  more...
1/9/19 2:30 pm EST

As previously announced, Bank of America will report its fourth-quarter 2018 financial results on Wednesday, January 16. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8 a.m. ET.

The news release, supplemental filing and investor presentation can be accessed in the following ways:

  • Bank of America newsroom at more...
1/8/19 9:30 am EST

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:

 

1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series X, more...

1/2/19 8:00 am EST

Bank of America Corporation today reminded holders of warrants issued January 16, 2009 to purchase shares of the Company’s common stock (CUSIP No. 060505 14 6) (the “Warrants”), that the Warrants will expire on Wednesday, January 16, 2019.

The Warrants were originally issued to the United States Department of the Treasury on January 16, 2009, and were offered to the public on March 9, 2010. The Warrants trade on the New York Stock Exchange (NYSE) under the symbol BAC WS A. The NYSE has notified the Company that it more...