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) appointed Jim Fitterling and Bill Thomas to its Board of Directors, with both appointments effective immediately.
Fitterling is Dow's executive chairman and served as its chief executive officer from 2018 to 2026. He has also served on 3M's board since 2021 and became its lead director in 2024. Thomas served as KPMG International's global chairman and chief executive officer from 2017 to 2026. A chartered accountant, he brings nearly four decades of experience in audit, accounting and financial reporting.
Bank of America (BAC) declared a regular quarterly cash dividend of $0.32 per share on its common stock.
The common dividend is payable December 24, 2026, to shareholders of record December 4, 2026. The board also declared a regular quarterly dividend of $1.75 per share on its 7% Cumulative Redeemable Preferred Stock, Series B, payable January 25, 2027, to shareholders of record January 11, 2027.
Bank of America (BAC) released a family office study examining how generational transitions are changing investment priorities and succession planning. Among offices with a potential next-generation principal, 79% predict alternative investments will become a larger portfolio share, while 77% expect philanthropic priorities to change.
Succession planning showed gaps: 83% have identified a successor, but only 27% have a trust distribution policy or guiding principles. Among offices that experienced a transition within the past decade, only 37% described the incoming principal as very prepared. Meanwhile, 59% plan to increase private equity exposure over the next three years. On borrowing, 77% believe the next generation will be more interested in using credit to build wealth. Regular employee use of artificial intelligence was reported by 42% of offices.
Bank of America (BAC) authorized regular cash dividends on preferred stock, with payments scheduled for November and December 2026. Series E will pay $0.27806 per depositary share on November 16 to holders of record October 30. Series F and Series G will each pay $1,151.69600 per preferred share on December 15 to holders of record November 30. Other announced series have payment dates from November 16 through December 28.
Bank of America (NYSE: BAC) reported its third quarter 2026 financial results and made the earnings materials available online. The news release, supplemental filing and investor presentation are available on its Investor Relations website. A Form 8-K containing the financial results is also available on the U.S. Securities and Exchange Commission's website.
Bank of America (BAC) has named Consumer Banking region executive Jeff Crabtree president of its Sarasota/Manatee market in Florida. He succeeds Stephenie Whitfield, who recently relocated to Georgia for another role with the company.
Crabtree will remain a Consumer Banking region executive while overseeing collaboration across the company's eight business lines in Sarasota/Manatee. His remit includes efforts to grow local market share and expand client relationships. He has 15 years of experience with Bank of America, including positions in Consumer Banking and Merchant Services.
Bank of America (BAC) is providing a $10 million grant to help establish a pediatric behavioral health campus in Brighton, Massachusetts. The gift to Boston Children's Hospital will support new space at Franciscan Children's, which joined the hospital's health system in 2023.
The planned campus will combine inpatient, outpatient and rehabilitation services, with single-patient rooms and programs for children with autism and intellectual and developmental disabilities. It will introduce pediatric and adolescent partial hospitalization and intensive outpatient care. Boston Children's expects the expanded capacity and integrated services to reduce wait times and improve early intervention. The campus will also support research, workforce development and collaboration with schools and community organizations. Bank employees and executives volunteered at Franciscan Children's to mark the commitment.
Bank of America (BAC) will host its annual Technology Innovation Summit in San Francisco on October 7, 2026. The 15th annual gathering will bring together more than 500 technology companies and investors with bank leaders. Sessions will focus on enterprise AI, technology investment and opportunities for startups to partner with the bank.
Bank of America (BAC) will report third quarter 2026 financial results on October 14, followed by an investor conference call.
Results are scheduled for approximately 6:45 a.m. ET, with the call at 8:30 a.m. ET. The news release, supplemental filing and investor presentation will be available on the company’s Investor Relations website. A Form 8-K containing the results will also be available on the SEC website.
Bank of America (BAC) released Private Bank research finding that younger wealthy donors support more charitable causes and use different giving methods. Gen Z and Millennial donors support an average of 12 causes, compared with eight among wealthy donors overall. Direct cash contributions are less common among younger donors: 56% use them, versus 92% of Boomer and Silent Generation donors.
Among wealthy Americans, 89% gave to charity in 2025, while 49% volunteered, up from 42% in 2023. Confidence in succession declined: 47% believe the next generation is prepared to take on family philanthropic causes, down from 55% in 2024. Nearly one in 10 wealthy individuals use a donor-advised fund, a charitable giving vehicle that allows donors to recommend grants over time. Among current users, 75% plan to increase contributions over the next three years.