Bank Of America Corp. - BAC STOCK NEWS

Bank of America Corporation (BAC) reported its fourth-quarter 2023 financial results. The company serves 69 million consumer and small business clients in the U.S., offering a wide range of banking, investing, and asset management products. Bank of America is a global leader in wealth management and investment banking, listed on the NYSE.

Bank of America (BAC) Launches CashPro Insights, a Data-Driven Tool Empowering Corporate and Commercial Clients to Make Strategic Decisions, Drive Cost Savings and Efficiencies

Bank of America Corporation (BAC) will report its fourth-quarter 2023 financial results on January 12, 2024. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 11 a.m. ET. 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 3,900 retail financial centers, approximately 15,000 ATMs and award-winning digital banking with approximately 57 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).

Radial Power (RPWR) secures $80 million in tax equity financing from Bank of America to support 96 MW of C&I and community solar projects across nine states

Bank of America Corporation (BAC) has announced regular cash dividends on its preferred stock series. The company serves individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial products and services. Bank of America has a strong presence in the United States, serving approximately 69 million consumer and small business clients. The company's stock is listed on the New York Stock Exchange (NYSE: BAC).

Bank of America Chicago Marathon (BACM) notified runners of their selection status for the 2024 race after a record-breaking 2023 event. More than 120,000 individuals applied, with 50,000 participants expected to cross the finish line. The Charity Program has raised over $322 million since 2002, with $30.4 million raised in 2023, the highest in event history.

Bank of America (BAC) reports a decline in the percentage of prospective homebuyers willing to wait for home prices or interest rates to fall before purchasing a home, from 85% to 62% in just six months. Sales of new single-family houses in September 2023 also show an increase, reaching a seasonally adjusted 759,000 from 679,000 sales in April 2023.

Bank of America awards $200,000 grant to Anchor House and CUMAC Echo Inc. to address food insecurity and youth homelessness in New Jersey

BofA Global Research economists and strategists expect lower inflation rates and rate cuts to begin midway through 2024 from both the Federal Reserve and European Central Bank. They forecast the S&P 500 to reach an all-time high of 5000 by the end of 2024. The global shift to rate cuts, bullish outlook on equities, and expectations for commodities restocking are key macro calls made for the markets and economy in the year ahead.