Corporate and Financial News

10/29/20 10:00 am EDT

Bank of America Chief Financial Officer Paul Donofrio will participate in the BancAnalysts Association of Boston Conference on Thursday, November 5 at 8 a.m. ET. A live audio webcast of this virtual event 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 more...

10/21/20 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 $0.18 per share, payable on December 24, 2020 to shareholders of record as of December 4, 2020.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on January 25, 2021 to shareholders of record as of January 11, 2021.

 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving more...

10/19/20 9:01 am EDT

Bank of America today announced a $22.1M investment in support of nonprofit leadership and sustainability through its Neighborhood Builders and Neighborhood Champions programs. The 142 awardees from across the U.S. are organizations leading the charge to address tough issues related to economic mobility – from workforce readiness and basic needs to broader community development solutions.

“We launched the Neighborhood Builders program in 2004 to invest in nonprofit leadership and drive more...

10/16/20 9:15 am EDT

Bank of America publicó hoy su informe de Gestión de capital humano de 2020, que ofrece la información más reciente y el progreso de su enfoque continuo en ser un excelente lugar de trabajo para sus más de 200,000 compañeros en todo el mundo.

Basado en el informe inaugural de la compañía sobre Gestión de capital humano el año pasado, el informe de 2020 detalla la variedad de programas y recursos, así como datos de las principales áreas de enfoque de Bank of America, que incluyen more...

10/16/20 9:14 am EDT

Bank of America today published its 2020 Human Capital Management Report, which provides the latest information and progress against its continued focus to be a great place to work for its more than 200,000 teammates around the world.

Building on the company’s inaugural Human Capital Management report last year, the 2020 report details the many programs and resources, as well as supporting data, across Bank of America’s primary focus areas including: being a diverse and more...

10/14/20 6:45 am EDT

Bank of America reported its third-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

- Q3-20 Bank of America Financial Results Press Release

- more...

10/8/20 4:15 pm 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            Dividend per Share
or Depositary Share1
          Record Date       Payment more...
10/7/20 10:00 am EDT

As previously announced, Bank of America will report its third-quarter 2020 financial results on Wednesday, October 14. 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:

9/25/20 10:30 am EDT

Bank of America announced today the issuance of a $2 billion Equality Progress Sustainability Bond designed to advance racial equality, economic opportunity and environmental sustainability, the first offering of its kind in the financial services industry.

The transaction also represents the first sustainability bond issued by a U.S. bank holding company where the social portion of the use of proceeds will be dedicated to financial empowerment of Black and Hispanic-Latino communities.

This is Bank of America’s eighth environmental, social and governance (ESG)-themed more...

9/24/20 6:45 am EDT

Bank of America announced today that independent members of its Board of Directors unanimously selected Lionel Nowell to be lead independent director successor. Nowell will succeed Jack Bovender upon his retirement from the Board at the annual meeting of shareholders in April 2021, in accordance with the company’s corporate governance guidelines.

Bovender, 75, has been an independent director at Bank of America since January 2013, and lead independent director since October 2014. Prior to that, he served as chairman and chief executive officer of HCA Inc., the largest investor- more...

9/17/20 9:00 am EDT

Bank of America CFO Paul Donofrio will participate in the Bank of America Global Research 25th Annual Financials CEO Virtual Conference on Thursday, September 24, 2020, at 1:10 p.m. British Summer Time in London (8:10 a.m. Eastern Time). A live audio webcast of this virtual event 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 more...

9/15/20 4:10 pm EDT

Bank of America Corporation announced today that it will redeem on October 1, 2020 all $750,000,000 principal amount outstanding of its Floating Rate Senior Notes, due October 2021 (CUSIP No. 06051GGU7) (the “Floating Rate Notes”), and all $2,000,000,000 principal amount outstanding of its 2.328% Fixed/Floating Rate Senior Notes, due October 2021 (CUSIP No. 06051GGS2) (the “Fixed/Floating Rate Notes” and, together with the Floating Rate Notes, the “Senior Notes”).

The redemption price for each series of the Senior Notes will be equal to 100% of the principal amount of such series, more...

9/11/20 4:15 pm 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     

Dividend per Share
or Depositary Share
1
more...

9/9/20 9:01 am EDT

Brian Moynihan, chairman and CEO of Bank of America, will participate in the Barclays Global Financial Services Conference on Tuesday, September 15, 2020 at 11:15 a.m. Eastern Time. A live audio webcast of this virtual event 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...

9/3/20 6:50 am EDT

Bank of America Corporation announced today that it will redeem on September 21, 2020 all €1,000,000,000 principal amount outstanding of its Floating Rate Senior Notes, due September 21, 2021 (ISIN: XS1687279841; Common Code: 168727984) (the "Notes") issued under the Bank of America U.S.$65,000,000,000 Euro Medium-Term Note Program pursuant to Condition 6(c) of the Terms and Conditions of the Notes and paragraph 23 of the Final Terms dated September 19, 2017 (the "Final Terms").

The redemption price for the Notes will be equal to the Optional Redemption Amount of €1,000 per €1,000 more...

7/22/20 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 $0.18 per share, payable on September 25, 2020 to shareholders of record as of September 4, 2020.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on October 23, 2020 to shareholders of record as of October 9, 2020.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving more...

7/16/20 6:45 am EDT

Bank of America reported its second-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

-   Q2-20 Bank of America Financial Results Press Release

-    more...

7/13/20 4:15 pm 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

    

Dividend per Share
or Depositary Share1

          

Record Date

     

more...

7/9/20 4:10 pm EDT

Bank of America, N.A. announced today that it will redeem all $1,500,000,000 principal amount outstanding of its Floating Rate Senior Bank Notes, due July 2021 (CUSIP No. 06050TMN9) (the “Notes”), on July 27, 2020, at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to but excluding the redemption date of July 27, 2020.

Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company. Bank of America, N.A. (Global Custody and Agency Services) is the U.S. registrar and paying more...

7/9/20 10:00 am EDT

As previously announced, Bank of America will report its second-quarter 2020 financial results on Thursday, July 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...