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.
Bank of America (NYSE:BAC) is supporting the Forever Promise Project, a new initiative by the Monuments Men and Women Foundation (MMWF) and the Foundation for Adopting Graves American Cemetery Margraten. The project aims to connect families of 10,000 American service members memorialized at the Netherlands American Cemetery with their Dutch grave adopters.
Currently, Dutch adopters only have contact information for about 25% of American families. The grave adoption program, which began in 1945, represents an eight-decade tradition of Dutch citizens caring for the graves of fallen U.S. soldiers who helped liberate the Netherlands during World War II. The initiative coincides with the release of Robert M. Edsel's New York Times bestseller "Remember Us," which chronicles the stories of twelve Americans and the origins of the grave adoption program.
Bank of America (NYSE:BAC) has announced an additional $1 million in philanthropic funding to Los Angeles nonprofits for wildfire recovery efforts, bringing its total fire-related contributions to over $3.5 million. The funding supports various recovery initiatives, including small business reopening, legal assistance, insurance navigation, and health services.
The bank has directed $400,000 specifically to small businesses through local Community Development Financial Institutions (CDFIs). Additionally, BofA is rebuilding two financial centers in Altadena and Pacific Palisades that were destroyed by fires, and has successfully helped over 2,000 safe deposit box clients recover their possessions from the destroyed locations.
Bank of America (NYSE: BAC) has announced plans to increase its quarterly common stock dividend by 8% to $0.28 per share starting in Q3 2025, following positive results from the Federal Reserve's 2025 Comprehensive Capital Analysis and Review (CCAR).
The bank's 2025 stress test results showed a 100 basis points improvement in modeled capital depletion to 170 bps. Under current Federal Reserve rules, BAC's preliminary stress capital buffer (SCB) would improve by 70 bps to 2.5%, with a CET1 minimum requirement of 10.0% effective October 1, 2025. If proposed Federal Reserve rule modifications are adopted, BAC's SCB would be 2.7% with a new CET1 minimum ratio of 10.2%, effective January 1, 2026.
As of March 31, 2025, Bank of America maintained $201 billion of regulatory CET1 capital and a CET1 ratio of 11.8%, exceeding current minimum requirements. The bank serves approximately 69 million consumer and small business clients through 3,700 retail financial centers and 15,000 ATMs, with 59 million verified digital users.