Bank of America Declares Preferred Stock Dividends Payable in October and November 2025

Rhea-AI Summary

Bank of America (NYSE:BAC) announced the Board's authorization of regular cash dividends for multiple series of preferred stock. The dividends will be paid in October and November 2025, with record dates in October. The dividend rates range from 4.125% to 7.25% across different preferred stock series.

The company serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with about 59 million verified digital users. BAC operates across the United States and more than 35 countries, providing comprehensive banking, investing, and asset management services.

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CHARLOTTE, N.C., Sept. 19, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: 

Series of Preferred Stock		Dividend per Share or Depositary Share1		Record Date		Payment Date
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L		$18.1250000		October 1		October 30
5.875% Non-Cumulative Preferred Stock, Series HH		$0.3671875		October 1		October 24
4.375% Non-Cumulative Preferred Stock, Series NN		$0.2734375		October 15		November 3
6.625% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series OO		$16.5625000		October 15		November 3
4.125% Non-Cumulative Preferred Stock, Series PP		$0.2578125		October 15		November 3
4.375% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series RR		$10.9375000		October 1		October 27
6.125% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series TT		$15.3125000		October 1		October 27
6.250% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series UU		$15.9722222		October 1		October 27

1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Investors may contact

Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com

Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com

Reporters may contact

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com

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SOURCE Bank of America Corporation

FAQ

When will Bank of America (BAC) pay its preferred stock dividends for October and November 2025?

BAC will pay preferred stock dividends on various dates in October and November 2025, with payment dates ranging from October 24 to November 3, depending on the preferred stock series.

What is the highest dividend rate among Bank of America's preferred stock series in this announcement?

The highest dividend rate is 7.25% for the Non-Cumulative Perpetual Convertible Preferred Stock, Series L, with a dividend of $18.1250000 per share.

How many retail financial centers and ATMs does Bank of America operate?

Bank of America operates approximately 3,700 retail financial centers and 15,000 ATMs across its network.

What is Bank of America's current digital banking presence?

Bank of America has approximately 59 million verified digital users and provides award-winning digital banking services.