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Bank Of America Corp. - BAC STOCK NEWS

Welcome to our dedicated news page for Bank Of America (Ticker: BAC), a resource for investors and traders seeking the latest updates and insights on Bank Of America.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bank Of America's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bank Of America's position in the market.

Rhea-AI Summary
Bank of America launches CashPro Supply Chain Solutions, improving process efficiency and working capital optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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none
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Rhea-AI Summary
Bank of America enhances CashPro Chat with Erica technology, providing self-service capabilities for business clients. CashPro Chat volume increased by 41% compared to the 2023 weekly average, while chats with live agents decreased by 16%. CashPro Forecasting solution sees rapid adoption with new client enrollments soaring 141% and active users increasing by 105%. Bank of America to launch CashPro Supply Chain Solutions and CashPro Insights. Bank of America Corporation stock is listed on the NYSE (BAC).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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none
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Rhea-AI Summary
Bank of America corrects dividend amount on Series F and Series G preferred stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
dividends
Rhea-AI Summary
WANDA selected to participate in the Collaboration for Equitable Health initiative backed by a $25 million investment. Aims to enhance health outcomes in marginalized communities. Focus on diabetes and other leading causes of mortality. Launches in 11 cities across the US. Provides free training, education, and access to healthcare.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Summary
Bank of America expands fee waivers for SafeBalance account
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
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none
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Rhea-AI Summary
Bank of America will host its third annual virtual electric vehicle show, 'EVolution,' on September 8, 2023, featuring discussions on the latest trends in electric vehicles. The show offers insights into design trends, car features, charging, financing, and more. Bank of America Institute analysis shows the potential for a rapid rise in the market share of EVs, and the number of new EV model launches from 2024 to 2027 may exceed that of new internal combustion engine vehicles for the first time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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none
Rhea-AI Summary
Bank of America enhances benefits for its Customized Cash Rewards credit card
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
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Rhea-AI Summary
Bank of America completes the first 'Debt-for-Nature' transaction in Continental Africa, refinancing $500 million of Gabon's sovereign debt. Gabon will contribute $125 million to support ocean conservation. This is Africa's largest debt refinancing for ocean conservation and the highest amount of new debt raised for a project supported by The Nature Conservancy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
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none
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Rhea-AI Summary
Bank of America's Q2 2023 Participant Pulse report reveals that average 401(k) balances increased by $7,250 (9.6%) since the end of 2022. The report also shows a 36% increase in the number of participants taking hardship distributions. In addition, the percent of participants borrowing from their workplace plan in Q2 increased to 2.5% from 1.9% in Q1. Health Savings Account balances also saw an 11.9% increase since year-end 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
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none
Rhea-AI Summary
Bank of America Corporation has announced a corrected dividend amount on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U. The regular quarterly cash dividend is $22.05700 per depositary share and will be payable on September 1, 2023, to shareholders of record as of August 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
dividends
Bank Of America Corp.

NYSE:BAC

BAC Rankings

BAC Stock Data

272.82B
7.84B
13.18%
58.92%
0.91%
Commercial Banking
Finance and Insurance
Link
United States
Charlotte

About BAC

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California.