Bank of America Corporation (BAC) increased its board from 12 to 14 directors and appointed James Fitterling and William Thomas, effective immediately on October 21, 2026. Fitterling is Dow Inc.’s Executive Chairman and former President and Chief Executive Officer; Thomas is the former Global Chairman and Chief Executive Officer of KPMG International Limited.
Fitterling joined the Enterprise Risk Committee and Compensation and Human Capital Committee; Thomas joined the Audit Committee and Corporate Governance Committee. Both will receive non-employee director compensation under the company’s program, including restricted stock and cash awards to be granted on October 21, 2026, prorated from their appointment date to the next annual shareholders’ meeting.
Bank of America Corporation Chair and CEO Brian T. Moynihan reported transactions on October 15, 2026 involving 18,083 2026 cash-settled restricted stock units, each economically equivalent to one common share. The records list 18,083 common shares acquired and 18,083 shares returned to the issuer at $51.70 per share. The units were granted February 13, 2026 and vest and become payable solely in cash in monthly installments. The reported post-transaction position was 72,332 units; indirect holdings included 3,648.364 common-share equivalents in a 401(k) plan and 100,000 shares by trust.
Bank of America Corporation (BAC) reported third-quarter 2026 net income of $6.9 billion, or $0.91 per diluted share, for the quarter ended September 30, 2026. Revenue, net of interest expense, was $30.0 billion, up 3% year over year, while net interest income was $16.4 billion, up 8%. Results included a $1.2 billion regulatory settlement charge, equal to $0.17 per diluted share; excluding it, adjusted net income was $8.1 billion and adjusted EPS was $1.08, both non-GAAP measures.
Average loans and leases increased 6% year over year to $1.23 trillion, and average deposits rose 2% to $2.02 trillion. BAC reported $8.3 billion returned to shareholders through common stock dividends and repurchases, including $2.2 billion in dividends and $6.0 billion in repurchases. Segment results varied: Global Wealth and Investment Management revenue rose 13% to $7.1 billion, while Global Markets revenue declined 6% to $5.9 billion and total investment banking fees, excluding self-led, fell 11% to $1.8 billion.
BANK OF AMERICA CORP (BAC) reported that Chair and CEO Brian T. Moynihan on September 15, 2026 exercised 18,082 cash-settled restricted stock units that are economically equivalent to Bank of America common stock, resulting in the acquisition of 18,082 common shares.
The same day, 18,082 common shares were returned to the issuer at $59.52 per share, so this sequence of transactions effectively left his direct common share position from this award unchanged while reducing the reported balance of these cash-settled units to 90,415. Indirect holdings after these transactions include 3,623.132 common shares in a 401(k) plan and 100,000 common shares held by a trust. No transactions are reported as made under a Rule 10b5-1 trading plan.
BANK OF AMERICA CORP (symbol: BAC) is the issuer of record for a Form 4 filing submitted to the SEC. Okpara Johnbull reported disposition transactions in this Form 4 filing.
BANK OF AMERICA CORP (BAC) reported that Chief Accounting Officer Johnbull Okpara had 50 depositary shares of Preferred Stock, Series DD (each representing a 1/25th interest in a share) redeemed by the issuer on March 10, 2026 at $1,000.00 per depositary share. All shares and depositary shares of this preferred series were redeemed by the company, and dividends on the redeemed depositary shares ceased to accrue on the redemption date. After this redemption, Okpara holds no Preferred Stock, Series DD and directly holds 27,749 shares of Common Stock.
BANK OF AMERICA CORP (BAC) filed an amended Form 3 for Chief Accounting Officer Okpara Johnbull to correct his reported holdings of Preferred Stock, Series DD. The amendment states that he beneficially owns 50 depositary shares, not 50,000 as previously reported.
The footnote explains that the 50,000 figure was inadvertently reported on the original Form 3 and then repeated on three subsequent Forms 4 filed on his behalf. The amendment updates the ownership record without reporting any new transaction.
BANK OF AMERICA CORP (BAC) reported a Form 4 for Chair and CEO Brian T. Moynihan. On August 15, 2026 he exercised 18,083 2026 Cash Settled Restricted Stock Units, each economically equivalent to one share of common stock but payable solely in cash, reducing this derivative position and leaving 108,497 units outstanding. The exercise generated 18,083 shares of common stock, which were then returned to the issuer in a disposition at $64.49 per share. Indirect holdings after these transactions include 3,623.132 shares in a 401(k) plan and 100,000 shares held by a trust.
Bank of America Corp. filed a quarterly institutional holdings report as an investment manager under Form 13F. The filing is a 13F Holdings Report, meaning all reportable equity securities managed by the firm are included. The report lists 18,318 individual information table entries, with an aggregate reported value of $1,552,074,225,223 (rounded to the nearest dollar). The report is signed by Andres Ortiz as Authorized Signatory and includes eight other related investment managers such as Bank of America, N.A., Merrill Lynch entities, and BofA Securities units.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes, fully and unconditionally guaranteed by Bank of America Corporation, linked to the least performing of the EURO STOXX 50 Index, iShares Expanded Tech-Software Sector ETF (IGV) and iShares Russell 2000 Value ETF (IWN). The notes have an approximate 2.5-year term, expected to mature on February 20, 2029, and are issuer-callable monthly beginning November 19, 2026 at par plus any due coupon.
The notes pay a contingent coupon of 11.40% per annum (0.95% per month, $9.50 per $1,000) on monthly observation dates only if the value of each underlying is at or above its Coupon Barrier of 60.50% of its Starting Value. Principal is at risk: if the notes are not called and the Ending Value of the least performing underlying is below its Threshold Value of 55.00% of its Starting Value, repayment is reduced 1:1 with that decline, with up to 100% loss of principal.
The notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, and will not be listed on any exchange. The public offering price is $1,000 per note, with an underwriting discount up to $6 and issuer proceeds of $994 per $1,000. The initial estimated value is expected to be $935–$985 per $1,000, below the public price due to internal funding and hedging costs.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes linked to the S&P 500 Index, fully and unconditionally guaranteed by Bank of America Corporation, maturing on August 19, 2030. The Notes are issued in $1,000 denominations and will not be listed on any securities exchange.
Investors may receive a contingent coupon of 8.00% per annum (2.00% per quarter, $20 per $1,000) on each quarterly Observation Date when the S&P 500 closing level is at least 70% of its Starting Value. Beginning with the August 16, 2027 Call Observation Date, the Notes are automatically called if the index is at or above 100% of its Starting Value, paying $1,000 plus the applicable coupon, after which no further amounts are due.
If the Notes are not called and at maturity the index has fallen more than 30% from its Starting Value (Ending Value below the 70% Threshold Value), principal is exposed to 1:1 downside, with up to 100% loss possible; otherwise, principal is repaid and a final contingent coupon is paid if the index is at or above the 70% Coupon Barrier. All payments depend on the credit risk of BofA Finance and BAC. The initial estimated value is expected to be $940–$990 per $1,000, lower than the public offering price due to internal funding and hedging costs.