Welcome to our dedicated page for Bank of America news (Ticker: BAC), a resource for investors and traders seeking the latest updates and insights on Bank of America stock.
Bank of America Corporation reports developments across consumer banking, wealth management, corporate and investment banking, global markets and capital actions. The company serves individual consumers, small and middle-market businesses, large corporations, governments and institutions with banking, investing, asset management, lending, trading and risk-management products and services.
Recurring BAC news includes operating and financial results, regular dividends on common and preferred stock, Merrill Wealth Management platform and advisor updates, co-branded credit card partnerships, and community or cultural initiatives such as the Bank of America Art Conservation Project. Coverage also reflects the company's digital banking, small-business services and international banking presence.
Bank of America (NYSE: BAC) has signed a definitive joint venture agreement with Jio Financial Services to acquire up to 49.9% of Jio Credit Limited (JCL), JFSL's wholly owned NBFC lending subsidiary, via a preferential allotment of equity shares and warrants.
Bank of America's total investment, including equity and warrants if fully subscribed, is expected to be up to ₹18,268 crore (~$1.9 billion). The transaction will initially provide Bank of America with a 26.5% equity stake in JCL, which may rise to 49.9% upon warrant exercise, subject to regulatory and statutory approvals.
JCL has built assets under management of ₹30,667 crore (~$3.2 billion) in two years to June 30, 2026. After closing, JCL’s board will have equal representation from JFSL and Bank of America, its existing management will continue, and JCL will remain consolidated under JFSL.
Bank of America (NYSE: BAC) announced a Critical Infrastructure Finance Initiative to mobilize and deploy $250 billion over 18 months, from January 1, 2026 through July 4, 2027, in honor of America's 250th anniversary. The capital will support U.S. digital, energy and power, and core infrastructure projects through primary market lending, investing, capital markets and advisory solutions. According to Bank of America, the initiative aims to help strengthen energy security, accelerate technological leadership, enhance economic competitiveness and support community development, including enabling tens of thousands of jobs across sectors such as construction, manufacturing, technology and long-term operations.
Bank of America (NYSE: BAC) announced a $50,000 grant to Big Brothers Big Sisters of Essex, Hudson & Union Counties (BBBSEHU) to expand its “Big Futures through Mentoring & Workforce Development” initiative. The program supports professionally guided one-to-one mentoring for youth ages 14–24 in underrepresented and low-income New Jersey communities.
According to Bank of America, the initiative operates as a workforce pipeline, providing career exploration in fields such as healthcare, finance, law, real estate and STEM, plus site visits, job shadowing, resume and interview coaching, financial literacy training and college coaching. A pilot with St. Peter’s University lets college students earn paid work-study income and academic credit while mentoring. BBBSEHU targets a 90% high school graduation rate and at least 70% post-secondary enrollment and currently reaches more than 3,200 youth annually, backed by multiple national awards including Big Brothers Big Sisters of America’s “Agency of the Year.”
Bank of America (NYSE: BAC) announced it is accepting proposals for its 2027 Art Conservation Project from Aug. 1 through Sept. 30, 2026. The program provides grant funding to eligible nonprofit museums, cultural institutions and conservation organizations to preserve historically or culturally significant artworks and artifacts worldwide. According to Bank of America, the Art Conservation Project has supported conservation of more than 15,000 objects in 40 countries since 2010, with application details and eligibility criteria available on the Art Conservation Project website.
Bank of America (NYSE: BAC) announced more than $1 million in new funding to support flood recovery across Central and South Texas, following consecutive years of severe flooding. The package includes $1 million for nonprofit lender LiftFund and a $50,000 grant to the American Red Cross, increasing Bank of America’s total regional flood support to $3 million since 2025.
According to Bank of America, $800,000 of the LiftFund commitment will be deployed as capital through the Small Business Disaster Recovery & Resilience Fund, while $200,000 will cover LiftFund’s staffing and program operations to rapidly deliver assistance. LiftFund is already working with affected small businesses in select Texas disaster-declared counties to preserve jobs, stabilize operations and support long-term community recovery.
Bank of America (NYSE: BAC) announced plans to acquire UK-based information security consultancy MDSec Consulting Limited, an information security specialist headquartered in Macclesfield, England with approximately 65 cybersecurity professionals. Completion is expected in the fourth quarter of 2026, subject to regulatory approvals.
According to Bank of America, MDSec provides deeply technical, information security-focused consultancy services. The bank highlights that the planned acquisition will complement its existing cyber threat operations center and wider presence in the North of England, where it already employs more than 1,400 staff in Chester. Bank of America frames the deal as part of its efforts to further enhance its cybersecurity capabilities in the UK and globally, while MDSec’s leadership describes the transaction as an opportunity to expand its “world-class security capabilities” within a large global financial institution.
Bank of America (NYSE: BAC) launched an enhanced, Bank of America-branded Travel Center, powered by Rocket Travel by Agoda, the strategic partnerships arm of Agoda, part of Booking Holdings (NASDAQ: BKNG). The platform offers nearly 1 million accommodation and booking options, including more than half a million properties, flights from over 170 airline partners, ground transportation from more than 170 car rental companies, and over 400,000 activities.
The redesigned Travel Center adds improved search and filtering tools, flexible booking options such as combining credit card rewards with credit or debit card payments, and detailed hotel content with images, amenities and reviews. Access and redemption options vary by Bank of America card type and will expand over time.
Bank of America (NYSE: BAC) announced that its Board declared a regular quarterly cash dividend on common stock of $0.32 per share, an increase of $0.04 or 14% from the prior quarter. The dividend is payable on September 25, 2026 to shareholders of record on September 4, 2026.
According to Bank of America, the company is continuing common stock repurchases under a $40 billion authorization effective since August 1, 2025. In the first half of 2026, it repurchased $13.2 billion of common stock and paid $4 billion in dividends, with about $17 billion remaining under the program as of June 30, 2026. The Board also declared a quarterly dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, payable on October 23, 2026 to shareholders of record on October 9, 2026.
Bank of America (NYSE:BAC) announced that defending champions Jacob Kiplimo and Hawi Feysa will return for the 48th Bank of America Chicago Marathon on Sunday, October 11, 2026. The race will feature one of its deepest professional fields, including stars Brigid Kosgei, Sharon Lokedi, Amos Kipruto and top American Charles Hicks.
According to Bank of America, more than 55,000 runners from over 100 countries are expected on the fast, flat course through 29 Chicago neighborhoods. The marathon is projected to generate over $755.9 million in annual economic impact for the city and will start and finish in Grant Park.
Bank of America (NYSE: BAC) and the Carolina Panthers have extended the long-term naming rights agreement for Bank of America Stadium, maintaining one of the NFL’s longest-running naming partnerships and reinforcing both organizations’ commitment to Charlotte and the Carolinas.
According to Bank of America, the extension coincides with a multi-year stadium renovation led by Tepper Sports & Entertainment and the City of Charlotte. TSE is increasing its private investment to move forward with all optional projects, bringing total stadium improvements to more than $1.3 billion, while the city’s contribution remains $650 million. Renovations, carefully phased through at least 2027, will keep the venue operational for Carolina Panthers and Charlotte FC home events and add new fan amenities, retail, hospitality and a 4,400-capacity entertainment venue.