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Bank of America - BAC STOCK NEWS

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 (BAC) is a global leader in financial services, serving millions through consumer banking, wealth management, and institutional solutions. This page aggregates official announcements, strategic initiatives, and market-moving developments from one of the world's most influential financial institutions.

Investors and industry observers will find a curated collection of earnings reports, regulatory filings, and leadership updates, alongside analysis of BAC's digital banking innovations and sustainability efforts. The repository serves as a definitive source for tracking the company's position in global markets, technology adoption trends, and responses to economic shifts.

Content highlights include updates on Merrill Lynch wealth management services, CashPro platform enhancements, and corporate responsibility initiatives. Users can monitor BAC's activities across four core segments: Consumer Banking, Global Wealth Management, Global Banking, and Global Markets.

Bookmark this page for streamlined access to verified information about Bank of America's operational milestones, partnership announcements, and regulatory compliance updates. Check regularly for new insights into how BAC navigates evolving financial landscapes while maintaining its industry leadership.

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Research indicates that a significant number of women are actively seeking to secure their financial future, with 83% already taking steps or expressing interest in learning more.
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Bank of America Corporation declares regular cash dividends on preferred stock for the second quarter of 2024. The dividends range from $0.2578125 to $32.500 per share or depositary share, with payment dates in April and May. Bank of America is a leading global financial institution with a wide range of banking and financial services, serving millions of clients worldwide.
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Bank of America achieves record patent portfolio growth with nearly 6,600 patents, marking a 13% year-over-year increase and a 70% surge since 2019. The company now ranks 64th on the Top 300 list of patent owners. With a focus on client-centric innovation, Bank of America invests $12 billion annually in technology, allocating $3.8 billion to new initiatives in 2024. The company boasts over 7,300 inventors globally, with 26% being women, and emphasizes technology categories like AI, machine learning, and augmented reality to enhance client experiences.
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Bank of America provides a $250,000 grant to HGTC for the Nursing and Health Sciences Institute project, aiming to support the construction and expansion of the institute as part of a larger $15 million project. The grant will accelerate progress in expanding physical facilities, attracting new students, and doubling enrollment in health science programs.
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Bank of America Corporation will redeem all JPY 58,500,000,000 principal amount outstanding of its 0.383% Fixed/Floating Rate Senior Notes on March 18, 2024. The redemption price will be JPY 100,000,000 per JPY 100,000,000 Calculation Amount, plus accrued interest. Citibank, N.A., London Branch is the Principal Agent for the Notes.
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Bank of America Corporation announces the redemption of $2.25 billion in Senior Notes due March 2025. The redemption price includes accrued interest and will be processed through The Depository Trust Company. Bank of America is a leading global financial institution with a wide range of banking, investing, and asset management services, serving millions of clients worldwide.
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Bank of America's Community Development Banking provided $7.1 billion in financing to build 11,000 housing units in 2023, focusing on affordable housing and economic opportunities. The bank supports affordable housing developers through partnerships, workforce housing funds, and resident services. Bank of America has financed over 287,000 housing units since 2005, with a commitment to addressing global issues outlined in the UN Sustainable Development Goals.
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Bank of America (NYSE: BAC) and Starbucks Coffee Company (NASDAQ: SBUX) have announced a new partnership allowing Bank of America cardholders and Starbucks Rewards members in the U.S. to link accounts and earn 2% cash back on qualifying purchases, along with 1 Star per $2 spent at Starbucks. This partnership aims to provide additional benefits to clients of both companies, enhancing their everyday financial experiences.
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F&G Annuities & Life, Inc. (FG) introduces F&G Confidence Builder, a Registered Index-Linked Annuity (RILA) to address retirement challenges. The product aims to balance risk management and long-term growth potential in a volatile market. The RILA category has seen significant growth, with F&G's Confidence Builder enhancing its retail product suite. The strategy, Hindsight 20/20, powered by BofA Securities, tracks three indexes to offer the best performance for clients. F&G aims to provide personalized investment strategies and flexibility to adapt to market conditions.
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Bank of America's clients had a record 23.4 billion digital interactions in 2023, with 10.6 billion proactive alerts and 12.8 billion logins. The bank now has 57 million digital users, with 35 million opting for alerts. Erica, the virtual assistant, had 673 million interactions, and Zelle saw 21.5 million users sending $373 billion in payments. Bank of America received over 120 accolades for its digital leadership in 2023.
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Bank of America

NYSE:BAC

BAC Rankings

BAC Stock Data

282.82B
6.87B
9.05%
66.27%
1.03%
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United States
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