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Bank Of America Corp. - BAC STOCK NEWS

Welcome to our dedicated news page for Bank Of America (Ticker: BAC), a resource for investors and traders seeking the latest updates and insights on Bank Of America.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bank Of America's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bank Of America's position in the market.

Rhea-AI Summary
Bank of America declared a regular quarterly cash dividend on Bank of America common stock of $0.24 per share and $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividends are payable on June 28, 2024, and July 25, 2024, respectively. Bank of America is a leading financial institution providing a wide range of financial services to consumers, businesses, and corporations globally.
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dividends
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Rhea-AI Summary
Bank of America (BAC) awards grants to preserve historic art in 11 countries, benefiting 24 museums worldwide. The grants aim to provide critical conservation funding to cultural institutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
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Rhea-AI Summary
Bank of America announced the redemption of $500,000,000 principal amount of Floating Rate Senior Notes and $2,000,000,000 principal amount of 3.841% Fixed/Floating Rate Senior Notes due April 2025. The redemption price for each series of Notes will be 100% of the principal amount plus accrued and unpaid interest. Bank of America is a leading global financial institution providing a wide range of banking, investing, and asset management services to millions of clients worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
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none
Rhea-AI Summary
Bank of America reported its first-quarter 2024 financial results, showcasing its position as a leading global financial institution. The company serves millions of clients with a wide range of financial services and products, including banking, investing, asset management, and digital banking. Bank of America is a key player in wealth management, corporate and investment banking, and trading worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.53%
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Rhea-AI Summary
Bank of America announced the redemption of all outstanding Floating Rate Senior Notes and 0.976% Fixed/Floating Rate Senior Notes due April 2025, totaling $2.85 billion. The redemption price for each series will be 100% of the principal amount plus accrued interest, with payment through The Depository Trust Company. Bank of America is a leading global financial institution with a wide range of banking, investing, and asset management services, serving millions of clients worldwide.
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Rhea-AI Sentiment
End-of-Day
0.45%
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Rhea-AI Summary
Bank of America will report its first-quarter 2024 financial results on April 16, providing insights into its performance and strategic direction. The company, a global financial leader, offers a wide range of services to millions of clients worldwide.
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End-of-Day
0.61%
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conferences earnings
Rhea-AI Summary
Bank of America declares preferred stock dividends for the second quarter of 2024, showcasing a range of dividend amounts across various series of preferred stock. The company, a global financial institution, continues to provide banking, investing, and asset management services to millions of clients worldwide.
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Rhea-AI Sentiment
End-of-Day
0.61%
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dividends earnings
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Rhea-AI Summary
Bank of America's virtual assistant Erica has had over 2 billion interactions with clients since 2018, offering personalized financial guidance and support. Erica has become a crucial tool for over 42 million clients, providing valuable insights and assistance in managing finances.
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End-of-Day
1.05%
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Rhea-AI Summary
Bank of America and the Tory Burch Foundation launched the Tory Burch Foundation Business Webinars, a virtual program to empower women entrepreneurs. With $100M capital deployed, this initiative builds on a 10-year partnership, offering free online educational resources.
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Rhea-AI Sentiment
End-of-Day
-0.59%
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Rhea-AI Summary
Bank of America partners with Community Reinvestment Fund, USA, granting access to 150 CDFIs and Business Support Organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
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Bank Of America Corp.

NYSE:BAC

BAC Rankings

BAC Stock Data

272.82B
7.84B
13.18%
58.92%
0.91%
Commercial Banking
Finance and Insurance
Link
United States
Charlotte

About BAC

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California.