Bank of America Corp Stock Price, News & Analysis

Bank of America (NYSE:BAC) has announced the redemption of $2 billion in 4.827% Fixed/Floating Rate Senior Notes that were originally due in July 2026. The redemption will take place on July 22, 2025, with noteholders receiving 100% of the principal amount plus accrued and unpaid interest.

The company, serving approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, will process the redemption through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as trustee and paying agent.

Bank of America (NYSE: BAC) has announced the redemption of two series of Senior Bank Notes due August 2025: $2 billion of 5.650% Fixed Rate Notes and $400 million of Floating Rate Notes. The redemption will occur on July 18, 2025, with both series being redeemed at 100% of their principal amount plus accrued and unpaid interest.

The redemption will be processed through The Depository Trust Company, with Citibank, N.A. serving as the U.S. registrar and paying agent. Bank of America currently serves approximately 69 million consumer and small business clients through its network of 3,700 retail centers and 15,000 ATMs, with 59 million verified digital users.

Star Mountain Capital, a private markets investment firm with over $4 billion in AUM, has announced the promotion of Peter K. Scaturro, Sr. from Senior Advisor to Vice Chairman. Scaturro, who joined Star Mountain as a Senior Advisor in 2024, brings 40 years of global banking and wealth management experience.

Scaturro's extensive career includes leadership positions at Goldman Sachs (NYSE: GS), where he was a Partner overseeing the Global Private Client Business, and serving as CEO of U.S. Trust until its $3.3 billion acquisition by Bank of America in 2007. He also led Citigroup's Global Private Bank, managing 98 offices across 38 countries, where he achieved significant earnings growth.

Bank of America (NYSE:BAC) has scheduled the release of its second quarter 2025 financial results for Wednesday, July 16, 2025. The results will be announced at 6:45 a.m. ET, followed by an investor conference call at 8:00 a.m. ET.

The company will make the financial results available through multiple channels, including their Investor Relations website and the SEC website. Investors can access the conference call by dialing 1.877.200.4456 (U.S.) or 1.785.424.1732 (international) with conference ID 79795. Replay options will be available until July 25.

Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 59 million verified digital users. The company provides comprehensive financial services across 35+ countries.

Bank of America (NYSE:BAC) is supporting the Forever Promise Project, a new initiative by the Monuments Men and Women Foundation (MMWF) and the Foundation for Adopting Graves American Cemetery Margraten. The project aims to connect families of 10,000 American service members memorialized at the Netherlands American Cemetery with their Dutch grave adopters.

Currently, Dutch adopters only have contact information for about 25% of American families. The grave adoption program, which began in 1945, represents an eight-decade tradition of Dutch citizens caring for the graves of fallen U.S. soldiers who helped liberate the Netherlands during World War II. The initiative coincides with the release of Robert M. Edsel's New York Times bestseller "Remember Us," which chronicles the stories of twelve Americans and the origins of the grave adoption program.

Bank of America (NYSE:BAC) has announced an additional $1 million in philanthropic funding to Los Angeles nonprofits for wildfire recovery efforts, bringing its total fire-related contributions to over $3.5 million. The funding supports various recovery initiatives, including small business reopening, legal assistance, insurance navigation, and health services.

The bank has directed $400,000 specifically to small businesses through local Community Development Financial Institutions (CDFIs). Additionally, BofA is rebuilding two financial centers in Altadena and Pacific Palisades that were destroyed by fires, and has successfully helped over 2,000 safe deposit box clients recover their possessions from the destroyed locations.

Bank of America (NYSE: BAC) has announced plans to increase its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 2025, following positive results from the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR).

The bank's 2025 stress test results showed a 100 basis points improvement in modeled capital depletion to 170 bps. Under current Federal Reserve rules, BAC's preliminary stress capital buffer (SCB) would improve by 70 bps to 2.5%, with a CET1 minimum requirement of 10.0% effective October 1, 2025. If proposed Federal Reserve rule modifications are adopted, BAC's SCB would be 2.7% with a new CET1 minimum ratio of 10.2%, effective January 1, 2026.

As of March 31, 2025, Bank of America maintained $201 billion of regulatory CET1 capital and a CET1 ratio of 11.8%, exceeding current minimum requirements. The bank serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs, with 59 million verified digital users.

Bank of America (BAC) has announced a $5 million three-year grant to Special Olympics International and will serve as a Platinum Partner for the 2026 Special Olympics USA Games. The grant will support Special Olympics Athlete Leadership and Unified Leadership programming, focusing on workforce readiness and inclusive workplace training. The partnership includes sponsorship of golf at the 2026 USA Games in Minneapolis, bringing 159 athletes and 40 caddies to compete. BofA's commitment includes approximately 10,000 annual employee volunteer hours, and their Support Services team employs over 300 people with intellectual and developmental disabilities. The company also provides Better Money Habits educational resources to help Special Olympics athletes achieve financial independence.

Bank of America (NYSE: BAC) has announced regular cash dividend payments for seven series of preferred stock, scheduled for July and August 2025. The highest dividend rate is for Series L at 7.25% with $18.13 per share, followed by Series OO at 6.625% with $16.93 per depositary share. The dividend payments span from July 24 to August 4, with record dates set for July 1 and July 15. Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with a strong digital presence of 59 million verified users. The bank maintains a global presence across 35+ countries, offering comprehensive financial services including wealth management, corporate banking, and small business support.