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Bank of America (BAC) Stock News

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

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.

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Bank of America (NYSE: BAC) announced enhancements to EricaAssist, its human-assisted AI agent used by more than 18,000 customer service representatives to support client conversations in real time. New generative AI capabilities summarize client reasons for calling, surface relevant information and recommend next steps in under three seconds.

According to Bank of America, EricaAssist reduces average call times by nearly one minute per interaction, supporting faster resolution and improved client experience while keeping employees in control of decisions. The bank plans to expand EricaAssist to additional servicing scenarios and business lines later in 2026 and highlighted its annual $14 billion technology budget, including over $4 billion for new initiatives such as AI.

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Bank of America (NYSE: BAC) reports that more than 3 million clients enrolled in its new no-fee BofA Rewards™ loyalty program in the first seven weeks since launch on May 27, 2026, contributing to nearly 14 million total enrolled clients. The program is open to any client with an eligible personal checking account and does not require a minimum balance to join.

According to Bank of America, members can receive an estimated $150 to $4,000 in annual value, depending on tier and engagement, through credit card reward bonuses, cash back Deals at more than 15,000 merchants, banking and lending benefits, and enhanced fraud and identity monitoring. About 80% of new enrollments occur via online or mobile banking, and roughly 17,000 new weekly members are new-to-bank clients.

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Bank of America (NYSE: BAC) released its 2026 Workplace Benefits Report on July 21, 2026, showing employee financial wellbeing at U.S. companies has risen to a four-year high, with 55% of workers feeling good or excellent, up 11 points from 2023. Despite this rebound, 76% of employees report the economy causes stress, 62% cite inflation, and 75% say cost of living challenges their financial security. The report highlights a perception gap, as 71% of employers rate workforce financial wellbeing as good or excellent, versus 55% of employees. Retirement confidence increased to 73%, a 6‑point gain from 2025, and Gen Z workers now start saving for retirement at an average age of 24 compared with 34 for Boomers. Nearly 60% of employees hit their emergency savings goal in 2026, and credit card debt prevalence fell to 45%, down 11 points year over year.

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Bank of America (NYSE: BAC) declared regular cash dividends on multiple series of its preferred stock, with record dates spanning July 31 to September 1, 2026 and payment dates from August 17 to September 25, 2026. Dividend amounts range from $0.2656250 per depositary share for Series QQ to $1,105.52311 per share for Series F and Series G, and $29.37500 for Series FF. All series except F and G are represented by depositary shares.

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Bank of America (NYSE: BAC) announced it will redeem on July 22, 2026 all $400,000,000 Floating Rate Senior Notes due July 2027 and all $5,750,000,000 1.734% Fixed/Floating Rate Senior Notes due July 2027.

According to Bank of America, each series will be redeemed at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. Interest will stop accruing on July 22, 2026. Payments 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.

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Bank of America (NYSE: BAC) announced that its second quarter 2026 financial results are available on its Investor Relations website, along with a supplemental filing and investor presentation. A Form 8-K with the results is also posted on the SEC website.

Chair and CEO Brian Moynihan and CFO Alastair Borthwick will review the results on an investor conference call at 8:30 a.m. ET on July 14, 2026. Investors can access a listen-only line via U.S. and international dial-in numbers using conference ID 79795, or stream live audio and slides through the Investor Relations "Events and Presentations" page. Replays are available by phone and online from noon July 14 through 11:59 p.m. ET on July 24.

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Bank of America (NYSE: BAC) announced nine senior hires to expand its Regional Investment Banking coverage across key U.S. markets, including Austin, Boston, Charlotte, Chicago, Detroit, Minneapolis, New York, San Francisco and West Palm Beach. The new bankers, most joining as managing directors, will report to Regional Investment Banking co-heads Neil Kell and Samardh Kumar.

According to the company, these additions increase senior expertise within a platform of more than 200 bankers in 26 U.S. cities, reinforcing middle market investment banking as a strategic priority and supporting Global Corporate & Investment Banking and Global Commercial Banking clients across 97 Local Markets.

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Bank of America (NYSE:BAC) will redeem on July 17, 2026 all $2.0 billion of its 5.526% Senior Bank Notes and all $600 million of its Floating Rate Senior Bank Notes, both due August 2026.

The notes will be redeemed at 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date. Interest will stop accruing on July 17, 2026. Payments will be made through DTC, with Citibank as U.S. registrar and paying agent.

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Bank of America (NYSE:BAC) announced that Merrill’s Managed Account Advisors (MAA) platform has surpassed $1 trillion in client assets, marking about 20 years since its 2006 launch. MAA centralizes portfolio design, implementation, reporting and tax-aware investing, helping advisors deliver personalized, model-based and custom-managed strategies across Merrill and Bank of America platforms.

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Bank of America (NYSE:BAC) released a short film, Street of Dreams, during the FIFA World Cup 2026, featuring Sir David Beckham and a new U2 song. The film follows Calle, a homeless young girl who pursues her soccer dream, symbolizing belief, support and opportunity.

According to Bank of America, the film highlights its expanded Soccer with Us platform, aiming to impact over 1,000,000 young people aged 6-18 globally by the end of 2026, and supports Street Child United’s #IAmSomebody Tour and Soccer at Schools initiative.

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FAQ

What is the current stock price of Bank of America (BAC)?

The current stock price of Bank of America (BAC) is $61.22 as of July 21, 2026.

What is the market cap of Bank of America (BAC)?

The market cap of Bank of America (BAC) is approximately 424.0B.