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.
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Bank of America (BAC) has announced a $5 million three-year grant to Special Olympics International and will serve as a Platinum Partner for the 2026 Special Olympics USA Games. The grant will support Special Olympics Athlete Leadership and Unified Leadership programming, focusing on workforce readiness and inclusive workplace training. The partnership includes sponsorship of golf at the 2026 USA Games in Minneapolis, bringing 159 athletes and 40 caddies to compete. BofA's commitment includes approximately 10,000 annual employee volunteer hours, and their Support Services team employs over 300 people with intellectual and developmental disabilities. The company also provides Better Money Habits educational resources to help Special Olympics athletes achieve financial independence.
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Bank of America (NYSE: BAC) has announced regular cash dividend payments for seven series of preferred stock, scheduled for July and August 2025. The highest dividend rate is for Series L at 7.25% with $18.13 per share, followed by Series OO at 6.625% with $16.93 per depositary share. The dividend payments span from July 24 to August 4, with record dates set for July 1 and July 15. Bank of America serves approximately 69 million consumer and small business clients through 3,700 retail centers and 15,000 ATMs, with a strong digital presence of 59 million verified users. The bank maintains a global presence across 35+ countries, offering comprehensive financial services including wealth management, corporate banking, and small business support.
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The 2024 Bank of America Chicago Marathon generated a record-breaking $683 million economic impact for the Chicago Metropolitan Area, marking a 22% increase from 2023. The event attracted nearly 53,000 participants and saw a 130% increase in out-of-state participation. The tourism sector benefited significantly, with $177 million in economic activity. The marathon supported 4,589 full-time jobs (24% increase) and generated $229 million in wages. Participants raised $36 million for charities. Combined with the Boston Marathon, these events contributed nearly $1.2 billion in economic impact in 2024. The 47th Bank of America Chicago Marathon is scheduled for October 12, 2025, featuring participants from over 100 countries and all 50 states, running through 29 neighborhoods with over a million spectators expected.
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Bank of America (NYSE: BAC) has announced the redemption of $3 billion in 1.319% Fixed/Floating Rate Senior Notes that were originally due in June 2026. The redemption will take place on June 19, 2025, with payment being processed on June 20, 2025 due to business day considerations. The redemption price will equal 100% of the principal amount plus accrued and unpaid interest. The payment will be facilitated through The Depository Trust Company, with The Bank of New York Mellon Trust Company, N.A. serving as the trustee and paying agent. 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.
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Bank of America (NYSE: BAC), Visa, and Street Soccer USA announced a major initiative to expand soccer accessibility across the United States by developing six community parks. The first Visa Street Soccer Park opened in San Francisco in June 2025, with additional locations planned in Denver, Kansas City, New York City, Nashville, and Atlanta throughout 2025. Each park will feature two professional-grade Bank of America fields with lighting, digital scoreboards, learning centers, and spectator areas. Beyond sports facilities, these parks will serve as community hubs offering youth and adult leagues, after-school academic support, and job readiness training, aiming to foster community engagement and youth development ahead of major soccer events in North America.
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Visa, Street Soccer USA (SSUSA), and Bank of America have announced a collaborative initiative to expand soccer accessibility across the United States by establishing Visa Street Soccer Parks in six major cities. The first park opened in San Francisco on June 10, 2025, with subsequent locations planned in Denver, Kansas City, New York City, Nashville, and Atlanta throughout 2025. Each facility will feature two professional-grade Bank of America fields with lighting, digital scoreboards, learning centers, and spectator areas. The parks will serve as community hubs offering youth and adult leagues, after-school academic support, and job readiness training. This initiative aims to foster youth development and strengthen community ties through sports, particularly as the U.S. approaches a significant year for soccer in 2026.
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Bank of America has successfully implemented The Clearing House's increased transaction limit for real-time payments from $1M to $10M, becoming one of the first banks to offer this enhanced capability to corporate clients. In the first six weeks since implementation, transactions over $1M now represent more than 50% of all U.S. real-time payment values processed by BofA. The RTP network operates 24/7, provides instant settlement, transaction transparency, and uses ISO 20022 standards. This upgrade enables new use cases including real estate transactions, deal closings, and just-in-time supplier payments. Bank of America, serving 94% of Fortune 500 and 73% of Global Fortune 500 companies, offers this service alongside its comprehensive payment solutions including commercial card, ACH, wire, and transactional FX solutions.
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The 2025 Boston Marathon, presented by Bank of America (BAC), achieved a record-breaking $50.4 million in charitable fundraising, surpassing the previous year's record of $45.7 million. The funds were raised through 176 non-profit organizations participating in the Bank of America Boston Marathon Official Charity Program, which represents about 10% of the marathon's field size. The Boston Marathon Giving Day on March 20 contributed $1.87 million to the total. The B.A.A. Gives Back Marathon Team raised over $384,000 for youth and community programming, while the new B.A.A. Climate Crew team generated $83,000 for sustainability initiatives. Since the charity program's inception in 1989, total fundraising has exceeded $600 million.
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Bank of America's latest Homebuyer Insights Report reveals that 60% of homeowners and prospective buyers are uncertain about the housing market, marking a three-year high (up from 48% two years ago). Despite this uncertainty, 52% of prospective buyers believe the market is better than last year, with 75% waiting for lower prices and interest rates before purchasing. The report highlights that Gen Z buyers are taking creative approaches to homeownership, with 30% taking extra jobs for down payments and 22% buying with siblings. Weather concerns are significantly impacting housing decisions, with 62% worried about severe weather impacts and 38% changing preferred locations due to weather risks. The survey, conducted between March-April 2025, included 2,000 respondents and has a margin of error of ±2.2%.
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Bank of America (NYSE: BAC) has announced the redemption of CHF 375 million (Swiss Francs) of its 0.2525% Senior Notes, originally due June 12, 2026. The redemption will take place on June 12, 2025, with the redemption price set at CHF 5,000 per CHF 5,000 Calculation Amount, plus accrued and unpaid interest. The Notes were issued under BAC's U.S. $65 billion Euro Medium-Term Note Program.
The last trading day for these Notes on the SIX Swiss Exchange will be June 10, 2025. UBS AG, which succeeded Credit Suisse AG, will serve as the Principal Swiss Paying Agent for the Notes. The redemption payment will be processed through SIX SIS AG procedures.
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FAQ
What is the current stock price of Bank of America (BAC)?
The current stock price of Bank of America (BAC) is $56.02 as of June 12, 2026.
What is the market cap of Bank of America (BAC)?
The market cap of Bank of America (BAC) is approximately 391.4B.