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) 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.
Bank of America (BAC) declared regular cash dividends on eight series of preferred stock, with record dates in October 2026 and payments in late October and early November 2026.
Dividends per share or depositary share include: Series L $18.1250000, Series HH $0.3671875, Series NN $0.2734375, Series OO $16.5625000, Series PP $0.2578125, Series RR $10.9375000, Series TT $15.3125000 and Series UU $15.6250000.
Bank of America (BAC) and the Carolina Panthers launched 3rd & Goal, a flagship community platform focused on third-grade development through literacy, physical wellness and personal well-being across North and South Carolina.
The program begins this year and is expected to reach 10,000 students in its first year, with more than 400 third graders from Title I schools attending a launch field day at Bank of America Stadium. 3rd & Goal is built on three pillars: Read 20 to motivate daily reading, Play 60 to promote 60 minutes of physical activity, and Feel 100 to support emotional regulation and social connections. The UNC Charlotte Center for Educational Measurement and Evaluation will track implementation and outcomes over three years, and participating schools can send selected students to an annual 3rd & Goal Field Day as an incentive.
Bank of America (BAC), through Merrill, launched two new advisory services on September 15, 2026 to support portfolio transitions and systematic cash investing within the Merrill Lynch Investment Advisory Program.
The Tax Efficient Transition Service (TET) helps clients move appreciated securities into managed or custom managed strategies over time, using a structured process to work toward target allocations while managing realization of capital gains. The Dollar Cost Averaging Service (DCA) invests cash balances into eligible managed strategies on a client-selected schedule to promote disciplined investing through varying market conditions. Both optional services are implemented by Managed Account Advisors LLC and carry no additional IAP Program Fees.
Bank of America (BAC) will redeem $2.0 billion of senior notes on September 15, 2026.
The redemption covers all $500,000,000 Floating Rate Senior Notes due September 2027 and all $1,500,000,000 5.933% Fixed/Floating Rate Senior Notes due September 2027. Each series will be redeemed at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date, after which interest will stop accruing. Payment will be made through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. acting as trustee and paying agent.