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) 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.
Bank of America (BAC) issued corrected philanthropy research showing younger wealthy donors support more causes and use different giving tools. The correction updates the link in the first paragraph. Gen Z and Millennial donors support an average of 12 charitable causes, compared with eight among wealthy donors overall. Younger donors are less likely to give directly in cash but more likely to use charitable trusts, family foundations, fundraising and mentorship.
Among wealthy Americans, 89% gave to charity in 2025, while 49% volunteered, up from 42% in 2023. Confidence in philanthropic succession declined: 47% believe the next generation is prepared to take on family philanthropic causes, down from 55% in 2024. Among current donor-advised fund users, 75% plan to increase contributions over the next three years. The research surveyed 1,431 wealthy U.S. individuals.
Bank of America (BAC) completed the first pilot transaction using its Cross-Border Real-Time Payments solution with Bradesco. Bradesco initiated the payment through its existing Swift connection, and it reached a local beneficiary in Hong Kong dollars through Hong Kong’s Faster Payment System. The banks are also piloting a separate U.S. payment route through Swift for consumer and small-business international payments.
Bank of America (BAC) reported a 48% increase in corporate RTP transaction volume from January through July 2026. The comparison is with the same period in 2025; the number of corporate RTP transactions greater than $1 million rose 351% over that period.
Clients are using the real-time payments network for liquidity management, including transfers among subsidiaries and moving funds outside standard processing hours. The RTP network raised its limit for an individual transaction from $1 million to $10 million in February 2025. Bank of America also announced a cross-border real-time payments solution in June.
Bank of America (BAC) launched AskGPS Intelligence Hub to help Global Payments Solutions employees analyze treasury information for client discussions.
The hub builds on AskGPS, an internal generative AI tool introduced in 2025 that supports nearly 3,000 employees. Its first three capabilities will launch in phases. They include treasury management reviews that combine client information, relationship activity and account structures; diagrams of client accounts with accompanying fund-flow analysis; and AI-based insights drawn from client, product and activity signals.
The tools are designed to bring together client, account and relationship data. Employees will tailor reviews to clients and remain responsible for decisions and client interactions.
Bank of America (BAC) launched Payments Insights in CashPro, adding payment analytics for corporate and commercial clients' U.S. accounts.
Part of the AI-powered CashPro Data Intelligence suite, the tool uses peer benchmarks and interactive visuals to examine payment efficiency, cross-border flows and working-capital performance. Its tailored insights are based on available client data. CashPro facilitated 213 million payments in the first half of 2026, up 10% year over year.
The bank plans to make Capital Markets Insights available online next month, following its 2025 launch through the App. It also plans to expand Security Insights globally for CashPro program administrators in 2027.
Bank of America (BAC) announced on September 24, 2026, plans to hire 1,000 additional apprentices across the United States.
It plans to add those hires over two years, on top of more than 800 apprentices it already hires annually. The bank also committed $150 million over five years to organizations that provide workforce training and connect people with jobs. The expanded hiring covers Consumer Banking, Technology, Operations and other client-facing areas. Approximately 40% of the bank's current hires do not have a bachelor's degree. Its apprenticeships offer paid, work-based learning for people entering through nontraditional routes.