Bank of America Stock Price, News & Analysis

Bank of America has announced 16 recipients for its 2025 Art Conservation Project grants, supporting the preservation of significant artworks worldwide. The initiative, which began in 2010, has awarded over 275 grants across 40 countries.

Notable restoration projects include:

• Rembrandt's "The Blinding of Samson" at Frankfurt's Städel Museum
• Over 100 American Presidential paintings at the National Portrait Gallery
• Artworks at the Sydney Opera House
• Rothko Chapel's East Wall Triptych in Houston

The program addresses critical preservation needs across various artistic styles, media, and cultural traditions in the United States, Europe, Asia, Australia, and Latin America. This initiative is part of BofA's broader commitment to Responsible Growth, supporting arts-focused nonprofits to generate local economic impact and preserve cultural heritage.

Bank of America (NYSE: BAC) has announced its Q2 2025 dividend declarations. The Board of Directors has declared a regular quarterly cash dividend of $0.26 per share on common stock, payable June 27, 2025, to shareholders of record as of June 6, 2025.

Additionally, a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, will be paid on July 25, 2025, to shareholders of record as of July 11, 2025.

The bank currently serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 59 million verified digital users. BAC operates across the United States and more than 35 countries, providing banking, investing, asset management, and risk management services.

Bank of America (NYSE: BAC) has announced the redemption of €1.25 billion of its 0.808% Fixed/Floating Rate Senior Notes, originally due May 9, 2026. The redemption will take place on May 9, 2025, with noteholders receiving €1,000 per €1,000 Calculation Amount plus accrued interest.

The Notes, issued under BAC's €65 billion Euro Medium-Term Note Program, will cease interest accrual on the redemption date. Payments will be processed through Euroclear Bank SA/NV and Clearstream Banking, with Citibank serving as Principal Agent. The bank will request delisting from the Financial Conduct Authority's Official List and the London Stock Exchange.

Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 59 million verified digital users. The bank operates across the US and more than 35 countries, providing banking, investing, asset management, and risk management services.

Bank of America (BAC) announced its first quarter 2025 financial results on April 15, 2025. The company will host an investor conference call at 8:30 a.m. ET featuring CEO Brian Moynihan and CFO Alastair Borthwick to discuss the results.

The bank currently serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs. Their digital banking platform boasts approximately 58 million verified users. The institution provides support to about 4 million small business households and operates across the United States and more than 35 countries.

Bank of America (BAC) has launched 'Golf with Us', a new initiative offering youth aged 6-18 free one-year memberships to Youth on Course through May 24, 2025. The program provides access to over 2,000 golf courses across 97 markets for $5 or less per round.

The initiative includes free clinics featuring professional golfers and celebrities, plus a USGA handicap index registration. This program is part of BofA's multi-year partnership with Youth on Course to expand affordable golf access nationwide, including funding municipal course expansion.

BofA will promote the program through commercials during the Masters Tournament, where it serves as Champion Partner. The bank also partners with the Augusta National Women's Amateur, the More Than Golf Invitational, and amateur championships in Latin America and Asia-Pacific.

Bank of America (NYSE: BAC) has announced its Board of Directors' authorization of regular cash dividends for various series of preferred stock, with payments scheduled for May and June 2025. The dividend declarations span multiple preferred stock series with different rates and payment schedules.

Key dividend highlights include:

• Series E: $0.30499 per share, payable May 15
• Series F and G: $1,267.78300 per share, payable June 16
• Series GG (6.000%): $0.3750000 per share, payable May 16
• Series KK (5.375%): $0.3359375 per share, payable June 25
• Series LL (5.000%): $0.3125000 per share, payable June 17

The bank currently serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 58 million verified digital users.

Bank of America (BAC) reports significant progress in AI adoption across its global operations, with over 90% of its 213,000 employees now utilizing AI-driven virtual assistants. The company's AI initiatives have shown remarkable results, including:

The Erica virtual assistant has recorded 2.5 billion client interactions since 2018, with 20 million active users. The employee version has reduced IT service desk calls by more than 50%. The ask MERRILL and ask Private Banking tools logged 23 million interactions in 2024, up 1 million from 2023.

BAC holds nearly 7,400 patents, with over 1,200 focused on AI and machine learning. The company invests $13 billion annually in technology, with $4 billion allocated to new initiatives in 2025. Notable AI implementations include coding assistance yielding 20% efficiency gains, automated client meeting preparation saving thousands of hours, and GenAI-powered research summaries for trading teams.

Bank of America (BAC) has announced it will release its first quarter 2025 financial results on Tuesday, April 15, 2025, at approximately 6:45 a.m. ET. The company will host an investor conference call at 8:30 a.m. ET the same day.

The bank serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs. It has approximately 58 million verified digital users and supports about 4 million small business households. Bank of America maintains operations across the United States and in more than 35 countries, offering banking, investing, asset management, and risk management services.

Bank of America (NYSE: BAC) has announced the redemption of two series of senior notes on April 2, 2025: $500 million of Floating Rate Senior Notes and $3 billion of 3.384% Fixed/Floating Rate Senior Notes, both due April 2026.

The redemption price for each series will be 100% of the principal amount plus accrued and unpaid interest until the redemption date. The payment will be processed through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. serving as trustee and paying agent.

BAC currently serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with 58 million verified digital users. The bank operates across the United States and more than 35 countries.