Corporate and Financial News

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      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.

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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.

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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...

12/18/18 10:00 am EST

CHARLOTTE – 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:

 

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12/4/18 6:50 pm EST

Bank of America today announced two additions to the management team and realignments of responsibility among other members of the team. 

“We serve three groups of clients – people, companies, and institutional investors – through eight lines of business by delivering all the capabilities we can offer to each of our relationships,” said Chief Executive Officer Brian Moynihan. “These realignments and additions to the management team reflect that operating model and position us well to continue to drive more...

11/27/18 4:30 pm EST

Bank of America Chief Executive Officer Brian Moynihan will participate in the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 4 at 11:40 a.m. Eastern time, in New York City.  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.

 

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11/16/18 1:00 pm EST

Bank of America today announced a new brand positioning focused on the question, “What would you like the power to do?” The positioning reflects the impact clients and communities can have when they have the power to achieve their goals, and the company’s role as a partner invested in their success.

“‘What would you like the power to do?’ Listening to how people answer this question is how we learn what matters most to them,” said CEO Brian Moynihan. “This is why we’re here. And above all else, it’s what people want from us.”

What would you like the power to do? more...

10/29/18 4:30 pm EDT

Bank of America Chief Executive Officer Brian Moynihan will welcome attendees to the Bank of America Merrill Lynch Future of Financials 2018 Conference on Monday, November 5, at 8 a.m. Eastern Time, in New York. 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.

 

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10/26/18 8:19 am EDT

Bank of America today announced the death of Terrence P. Laughlin, vice chairman and head of Global Wealth and Investment Management. He was 63 years old.

“Terry was a builder and a problem solver, and one of the finest individuals I’ve had the privilege to know and work alongside,” said Chief Executive Officer Brian Moynihan. “His leadership on Global Wealth and Investment Management, helping to build a consolidated banking and wealth management business, is without a peer in our industry. Recently, he helped expand our company’s presence in Pittsburgh, his beloved city where he more...

10/24/18 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 $0.15 per share, payable on December 28 to shareholders of record as of December 7.

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 January 25, 2019 to shareholders of record as of January 11, 2019.

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10/24/18 10:47 am EDT

Bank of America’s Board of Directors today appointed Clayton S. Rose as director, effective immediately. He is a member of the Audit and Compensation and Benefits committees.

Dr. Rose, 60, served as a director from 2013 until 2015, when he was named to his current position as president of Bowdoin College in Brunswick, Maine. He is a former senior executive with J.P. Morgan & Co. Inc. During his approximately two decades with the firm, he headed two of the five major lines of business – Global Investment Banking and more...

10/17/18 8:00 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...
10/16/18 8:00 am EDT

Bank of America Corporation today reminded holders of warrants issued October 28, 2008 to purchase shares of the Company’s common stock (CUSIP No. 060505 15 3) (the “Warrants”), that the Warrants will expire on Monday, October 29, 2018.

The Warrants were originally issued to the United States Department of the Treasury on October 28, 2008, 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 B. The NYSE has notified the Company that it more...

10/15/18 6:45 am EDT

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

          -   more...
10/9/18 11:00 am EDT

As previously announced, Bank of America will report its third-quarter 2018 financial results on Monday, October 15. 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...