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.
Bank of America Corporation reported higher Q2 2026 results, with total revenue of $31,558 million and net income of $9.1 billion, or $1.21 per diluted share, up from $7.2 billion and $0.90 a year earlier. Returns improved, with ROA at 1.03 percent and ROE at 12.71 percent, and the efficiency ratio improved to 59.02 percent.
Revenue growth was driven by net interest income of $15,997 million and noninterest income of $15,561 million, alongside a lower provision for credit losses of $1,366 million, partly offset by higher operating expenses. Total assets were $3.5 trillion at June 30, 2026, with total loans and leases of $1,217,619 million and deposits of $2,025,124 million. Credit quality remained solid, with annualized net charge-offs at 0.47 percent of average loans and an allowance for credit losses of $14,264 million.
All major segments contributed: Consumer Banking earned $3,281 million, GWIM $1,413 million on client balances of $4,934,396 million, Global Banking $2,046 million with investment banking fees 50 percent higher, and Global Markets $2,626 million supported by $7,098 million of sales and trading revenue. Capital remained strong, with a CET1 ratio of 11.2 percent versus a 10.0 percent minimum and an SLR of 5.5 percent. The company repurchased $6.0 billion of common stock in the quarter and increased its quarterly common dividend by 14 percent to $0.32 per share.
Bank of America Corporation announced that its board of directors declared a regular quarterly cash dividend of $0.32 per share on its common stock, up $0.04 per share from the prior quarter, a 14% increase. The dividend is payable on September 25, 2026 to shareholders of record as of September 4, 2026.
The company also continues repurchasing common stock under a $40 billion authorization. In the first half of 2026 it repurchased $13.2 billion of common stock and paid $4 billion in dividends, leaving approximately $17 billion of repurchase capacity as of June 30, 2026. The board also declared a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, payable on October 23, 2026 to shareholders of record as of October 9, 2026.