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 (BAC) declared regular cash dividends on eight series of preferred stock, with record dates in October 2026 and payments in late October and early November 2026.
Dividends per share or depositary share include: Series L $18.1250000, Series HH $0.3671875, Series NN $0.2734375, Series OO $16.5625000, Series PP $0.2578125, Series RR $10.9375000, Series TT $15.3125000 and Series UU $15.6250000.
Bank of America (BAC) and the Carolina Panthers launched 3rd & Goal, a flagship community platform focused on third-grade development through literacy, physical wellness and personal well-being across North and South Carolina.
The program begins this year and is expected to reach 10,000 students in its first year, with more than 400 third graders from Title I schools attending a launch field day at Bank of America Stadium. 3rd & Goal is built on three pillars: Read 20 to motivate daily reading, Play 60 to promote 60 minutes of physical activity, and Feel 100 to support emotional regulation and social connections. The UNC Charlotte Center for Educational Measurement and Evaluation will track implementation and outcomes over three years, and participating schools can send selected students to an annual 3rd & Goal Field Day as an incentive.
Bank of America (BAC), through Merrill, launched two new advisory services on September 15, 2026 to support portfolio transitions and systematic cash investing within the Merrill Lynch Investment Advisory Program.
The Tax Efficient Transition Service (TET) helps clients move appreciated securities into managed or custom managed strategies over time, using a structured process to work toward target allocations while managing realization of capital gains. The Dollar Cost Averaging Service (DCA) invests cash balances into eligible managed strategies on a client-selected schedule to promote disciplined investing through varying market conditions. Both optional services are implemented by Managed Account Advisors LLC and carry no additional IAP Program Fees.
Bank of America (BAC) will redeem $2.0 billion of senior notes on September 15, 2026.
The redemption covers all $500,000,000 Floating Rate Senior Notes due September 2027 and all $1,500,000,000 5.933% Fixed/Floating Rate Senior Notes due September 2027. Each series will be redeemed at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date, after which interest will stop accruing. Payment will be made through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as trustee and paying agent.
Bank of America (BAC) will redeem on September 15, 2026 all CAD425 million Floating Rate Senior Notes and all CAD1 billion 1.978% Fixed/Floating Rate Senior Notes, both originally due September 2027.
The redemption price for each series will be 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date, after which interest will cease to accrue. Payments will be processed through CDS Clearing and Depository Services Inc., with The Bank of New York Mellon Trust Company, N.A. as trustee and Computershare Advantage Trust Company of Canada as paying agent.
Bank of America (NYSE: BAC) announced it is directing $250,000 in philanthropic capital to the American Red Cross to support relief and recovery efforts for wildfires across the Pacific Northwest and neighboring western mountain states, including the Spokane, WA area.
According to Bank of America, the funding will help provide emergency shelter, meals, supplies and other critical assistance. The company is also matching employee donations to eligible disaster-relief nonprofits, offering Employee Assistance Program support to affected staff, and keeping all Spokane-area financial centers open during the wildfire response.
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.