January 17, 2025 at 4:15 PM Eastern

Bank of America Declares Preferred Stock Dividends for First Quarter 2025

CHARLOTTE, North Carolina ‒ 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:

Q1 2025 Preferred stock dividends
Series of Preferred Stock Dividend per Share or Depositary Share[1] Record Date Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E zero point three two eight zero seven dollars January 31 February 18
Floating Rate Non-Cumulative Preferred Stock, Series F one thousand two hundred fifty-five point zero four five zero zero dollars February 28 March 17
Adjustable Rate Non-Cumulative Preferred Stock, Series G one thousand two hundred fifty-five point zero four five zero zero dollars February 28 March 17
Floating Rate Non-Cumulative Preferred Stock, Series 1 zero point three four five three five dollars February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 2 zero point three four six six three dollars February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 4 zero point three five three zero two dollars February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 5 zero point three three seven four five dollars February 1 February 21
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA thirty point five zero dollars March 1 March 17
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD thirty-one point five zero dollars February 15 March 10
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF twenty-nine point three seven five dollars March 1 March 17
six point zero zero zero percent Non-Cumulative Preferred Stock, Series GG zero point three seven five dollars February 1 February 18
five point three seven five percent Non-Cumulative Preferred Stock, Series KK zero point three three five nine three seven five dollars March 1 March 25
five point zero zero zero percent Non-Cumulative Preferred Stock, Series LL zero point three one two five dollars March 1 March 17
four point two five zero percent Non-Cumulative Preferred Stock, Series QQ zero point two six five six two five zero dollars February 1 February 18
four point seven five zero percent Non-Cumulative Preferred Stock, Series SS zero point two nine six eight seven five zero dollars February 1 February 18

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 full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Investors may contact

Lee McEntire, Bank of America
Phone 1 9 8 0 3 8 8 6 7 8 0
lee.mcentire@bofa.com

Jonathan G. Blum, Bank of America (Fixed Income)
Phone 1 2 1 2 4 4 9 3 1 1 2
jonathan.blum@bofa.com

Reporters may contact

Jocelyn Seidenfeld, Bank of America
Phone 1 6 4 6 7 4 3 3 3 5 6
jocelyn.seidenfeld@bofa.com

Footnotes

[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 AA, Series DD, and Series FF for which dividends are paid on a semi-annual basis.

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January 17, 2025 at 4:15 PM Eastern

Bank of America Declares Preferred Stock Dividends for First Quarter 2025

CHARLOTTE, North Carolina ‒ 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:

Q1 2025 Preferred stock dividends
Series of Preferred Stock Dividend per Share or Depositary Share[1] Record Date Payment Date
Floating Rate Non-Cumulative Preferred Stock, Series E zero point three two eight zero seven dollars January 31 February 18
Floating Rate Non-Cumulative Preferred Stock, Series F one thousand two hundred fifty-five point zero four five zero zero dollars February 28 March 17
Adjustable Rate Non-Cumulative Preferred Stock, Series G one thousand two hundred fifty-five point zero four five zero zero dollars February 28 March 17
Floating Rate Non-Cumulative Preferred Stock, Series 1 zero point three four five three five dollars February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 2 zero point three four six six three dollars February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 4 zero point three five three zero two dollars February 15 February 28
Floating Rate Non-Cumulative Preferred Stock, Series 5 zero point three three seven four five dollars February 1 February 21
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series AA thirty point five zero dollars March 1 March 17
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series DD thirty-one point five zero dollars February 15 March 10
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF twenty-nine point three seven five dollars March 1 March 17
six point zero zero zero percent Non-Cumulative Preferred Stock, Series GG zero point three seven five dollars February 1 February 18
five point three seven five percent Non-Cumulative Preferred Stock, Series KK zero point three three five nine three seven five dollars March 1 March 25
five point zero zero zero percent Non-Cumulative Preferred Stock, Series LL zero point three one two five dollars March 1 March 17
four point two five zero percent Non-Cumulative Preferred Stock, Series QQ zero point two six five six two five zero dollars February 1 February 18
four point seven five zero percent Non-Cumulative Preferred Stock, Series SS zero point two nine six eight seven five zero dollars February 1 February 18

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 full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Investors may contact

Lee McEntire, Bank of America
Phone 1 9 8 0 3 8 8 6 7 8 0
lee.mcentire@bofa.com

Jonathan G. Blum, Bank of America (Fixed Income)
Phone 1 2 1 2 4 4 9 3 1 1 2
jonathan.blum@bofa.com

Reporters may contact

Jocelyn Seidenfeld, Bank of America
Phone 1 6 4 6 7 4 3 3 3 5 6
jocelyn.seidenfeld@bofa.com

Footnotes

[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 AA, Series DD, and Series FF for which dividends are paid on a semi-annual basis.

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