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Bank of America Increases Common Stock Dividend 8% to $0.28 Per Share, Authorizes $40 Billion Stock Repurchase Program

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Bank of America (NYSE:BAC) has announced two major shareholder-friendly initiatives. The company's Board of Directors declared a quarterly cash dividend increase of 8% to $0.28 per share, payable on September 26, 2025, to shareholders of record as of September 5, 2025.

Additionally, BAC authorized a substantial new $40 billion stock repurchase program, effective August 1, 2025, replacing the current program which has $9.1 billion remaining. The bank maintains its position as a leading financial institution, serving approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 59 million verified digital users.

Bank of America (NYSE:BAC) ha annunciato due importanti iniziative a favore degli azionisti. Il Consiglio di Amministrazione ha deciso un aumento del dividendo trimestrale in contanti dell’8%, portandolo a 0,28 dollari per azione, pagabile il 26 settembre 2025 agli azionisti registrati al 5 settembre 2025.

Inoltre, BAC ha autorizzato un significativo nuovo programma di riacquisto azionario da 40 miliardi di dollari, a partire dal 1° agosto 2025, che sostituisce quello attuale con un residuo di 9,1 miliardi. La banca conferma il suo ruolo di istituzione finanziaria leader, servendo circa 69 milioni di clienti privati e piccole imprese attraverso 3.700 filiali e 15.000 sportelli automatici, con 59 milioni di utenti digitali verificati.

Bank of America (NYSE:BAC) ha anunciado dos importantes iniciativas favorables para los accionistas. El Consejo de Administración declaró un aumento del dividendo trimestral en efectivo del 8%, hasta 0,28 dólares por acción, pagadero el 26 de septiembre de 2025 a los accionistas registrados al 5 de septiembre de 2025.

Además, BAC autorizó un considerable nuevo programa de recompra de acciones por 40 mil millones de dólares, vigente a partir del 1 de agosto de 2025, que reemplaza el programa actual que tiene un saldo de 9.100 millones. El banco mantiene su posición como una institución financiera líder, atendiendo a aproximadamente 69 millones de clientes particulares y pequeñas empresas a través de 3.700 sucursales y 15.000 cajeros automáticos, con 59 millones de usuarios digitales verificados.

뱅크 오브 아메리카 (NYSE:BAC)가 주주 친화적인 두 가지 주요 이니셔티브를 발표했습니다. 이사회는 분기별 현금 배당금을 8% 인상하여 주당 0.28달러로 결정했으며, 2025년 9월 5일 기준 주주에게 2025년 9월 26일에 지급될 예정입니다.

또한, BAC는 2025년 8월 1일부터 발효되는 400억 달러 규모의 새로운 자사주 매입 프로그램을 승인했으며, 이는 현재 잔액 91억 달러의 기존 프로그램을 대체합니다. 이 은행은 약 6,900만 명의 개인 및 소기업 고객에게 3,700개의 지점과 15,000개의 ATM을 통해 서비스를 제공하며, 5,900만 명의 인증된 디지털 사용자를 보유한 선도적인 금융기관으로서의 입지를 유지하고 있습니다.

Bank of America (NYSE:BAC) a annoncé deux initiatives majeures favorables aux actionnaires. Le conseil d'administration a déclaré une augmentation de 8 % du dividende trimestriel en espèces, porté à 0,28 $ par action, payable le 26 septembre 2025 aux actionnaires inscrits au registre au 5 septembre 2025.

De plus, BAC a autorisé un important nouveau programme de rachat d’actions de 40 milliards de dollars, effectif à partir du 1er août 2025, remplaçant le programme actuel qui dispose encore de 9,1 milliards. La banque conserve sa position de leader financier, desservant environ 69 millions de clients particuliers et petites entreprises via 3 700 agences et 15 000 distributeurs automatiques, avec 59 millions d’utilisateurs numériques vérifiés.

Bank of America (NYSE:BAC) hat zwei bedeutende aktionärsfreundliche Maßnahmen angekündigt. Der Vorstand hat eine Erhöhung der vierteljährlichen Bardividende um 8 % auf 0,28 USD je Aktie beschlossen, die am 26. September 2025 an Aktionäre ausgezahlt wird, die am 5. September 2025 im Aktienregister stehen.

Zusätzlich hat BAC ein umfangreiches neues Aktienrückkaufprogramm über 40 Milliarden USD genehmigt, das ab dem 1. August 2025 gilt und das bisherige Programm mit einem Restvolumen von 9,1 Milliarden USD ersetzt. Die Bank behauptet ihre Position als führendes Finanzinstitut und betreut etwa 69 Millionen Privat- und Kleinunternehmenskunden über 3.700 Filialen und 15.000 Geldautomaten, mit 59 Millionen verifizierten digitalen Nutzern.

Positive
  • Quarterly dividend increased by 8% to $0.28 per share
  • Substantial $40 billion new stock repurchase program authorized
  • Strong capital position allowing significant shareholder returns
  • Large existing market presence with 69 million consumer and small business clients
Negative
  • Stock repurchases subject to regulatory capital requirements and market conditions
  • Capital distributions limited by regulatory constraints and economic conditions

Insights

Bank of America's 8% dividend increase and massive $40B buyback authorization signal strong capital position and shareholder-friendly approach.

Bank of America's dual announcement represents a significant capital return expansion. The $0.02 dividend increase to $0.28 quarterly (8% growth) demonstrates management's confidence in sustainable earnings power. More importantly, the new $40 billion share repurchase authorization represents one of the largest buyback programs in the banking sector.

This $40 billion authorization replaces the existing program, which still had $9.1 billion remaining as of June 30. The sheer size of this program—approximately 15% of BAC's current market capitalization—indicates extraordinary capital generation capacity beyond what's needed for growth initiatives and regulatory requirements.

The timing of this announcement, following the completion of recent stress tests, signals regulatory comfort with BAC's capital position. The bank maintains flexibility in execution, with repurchases contingent on market conditions, capital levels, and alternative investment opportunities.

This capital return strategy accomplishes multiple objectives: it rewards shareholders directly through dividends, enhances EPS through share count reduction, and maintains financial flexibility. The bank's statement about returning "excess capital that is not needed to support economic growth" reflects a balanced approach to capital management while ensuring sufficient reserves "through the economic cycle."

For long-term investors, this announcement demonstrates management's commitment to shareholder returns while maintaining appropriate capital levels for regulatory requirements and economic uncertainty.

CHARLOTTE, N.C., July 23, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.28 per share, up $0.02 from the prior quarter. The dividend is payable on September 26, 2025 to shareholders of record as of September 5, 2025.

The Board also authorized a new $40 billion common stock repurchase program, effective August 1, 2025, to replace the company's current program, which will expire on that date. As of June 30, 2025, the current program had approximately $9.1 billion in common stock repurchases remaining. Today's authorization will continue providing additional capital return flexibility, reflecting the company's commitment to return to shareholders excess capital that is not needed to support economic growth, deliver for customers and communities, invest in the future and sustain strength and stability through the economic cycle.

Bank of America's ability to make capital distributions depends, in part, on its ability to maintain regulatory capital levels above minimum capital requirements.

The timing and amount of common stock repurchases made pursuant to the Bank of America common stock repurchase program are subject to various factors, including the company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, regulatory requirements and general market conditions and may be suspended at any time. Such repurchases may be effected through open market purchases or privately negotiated transactions, including repurchase plans that satisfy the conditions of Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on October 24, 2025 to shareholders of record as of October 10, 2025.

Forward-Looking Statements

Certain statements contained in this news release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often use words like "expects," "anticipates," "believes," "estimates," "targets," "intends," "plans," "predict," "goal" and other similar expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could." Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.

Forward-looking statements represent Bank of America's current expectations, plans or forecasts of its future results, revenues, expenses, dividends, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of its future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of America's control. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of America's filings with the Securities and Exchange Commission (SEC), including under Item 1A. "Risk Factors" of Bank of America's Annual Report on Form 10-K for the year ended December 31, 2024, and in any of Bank of America's other subsequent SEC filings.

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).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

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 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-increases-common-stock-dividend-8-to-0-28-per-share-authorizes-40-billion-stock-repurchase-program-302512292.html

SOURCE Bank of America Corporation

FAQ

What is Bank of America's new dividend per share for 2025?

Bank of America increased its quarterly dividend by 8% to $0.28 per share, payable on September 26, 2025, to shareholders of record as of September 5, 2025.

How much is BAC's new stock buyback program worth?

Bank of America authorized a new $40 billion stock repurchase program, effective August 1, 2025, replacing the current program which has $9.1 billion remaining.

When will Bank of America's new dividend be paid?

The new quarterly dividend of $0.28 per share will be paid on September 26, 2025 to shareholders of record as of September 5, 2025.

What is the dividend increase percentage for BAC stock?

Bank of America increased its quarterly dividend by 8%, raising it by $0.02 from the prior quarter to $0.28 per share.

How many retail financial centers does Bank of America operate?

Bank of America operates approximately 3,700 retail financial centers and 15,000 ATMs, serving about 69 million consumer and small business clients in the United States.
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