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) on Nov 13, 2025 announced 401k Pay, a digital solution to convert 401(k) assets into retirement income. The service is available Nov 17 at no incremental charge to the company's corporate plan sponsor and plan participant clients and integrates recordkeeping, advice, flexible deposit options and real-time income recalibration.
401k Pay is available to clients enrolled in the company's Personal Retirement Strategy program and draws on the firm's 2025 Workplace Benefits survey, which found 36% of employees want retirement education and 33% want guidance on generating retirement income. The release notes funds are not FDIC insured and may lose value.
Bank of America (NYSE: BAC) released the Bank of America Family Office Study on Nov 12, 2025, surveying 335 North American family office decision-makers to map trends shaping multigenerational wealth management.
Key findings: 59% expect leadership transition within 10 years; 57% use AI for investment research; automation adoption exceeds 70% for forecasting and portfolio modeling; family businesses fund 60% of offices and 85% still generate income from family enterprises; nearly 1/3 experienced cyberattacks with 40% reporting major asset impact.
Bank of America (NYSE: BAC) announced a $350,000 grant to American Corporate Partners to fund 250 one-on-one mentorships for veterans and military spouses, timed for America's 250th birthday on Nov. 10, 2025. The funding supports mentorship and career services for one year and builds on BofA's pledge to hire 10,000 additional veterans and military-background hires over five years and the 20,000 hires since 2015.
ACP reports supporting nearly 40,000 veterans/spouses, an average post-mentorship salary of $90,000, and an 80% retention rate versus 56% nationally.
Bank of America (NYSE: BAC) will host its 2025 Investor Day on November 5, 2025, beginning at approximately 9:00 a.m. ET. Presentation materials are available on the company's Investor Relations site under Events & Presentations.
Senior leaders across Consumer Banking, Global Wealth & Investment Management, Global Banking, Global Markets, Payments, Technology, Operations and Finance will present. A live video webcast and post-event replay are available on the investor site. Audio dial-in details and an audio replay (Nov 6–12, 2025) are provided for investors.
Bank of America (NYSE: BAC) announced a $250 million commitment over the next five years to support families facing food insecurity and other basic needs across the U.S.
As part of the pledge, the company will provide $5 million of immediate assistance to nearly 100 nonprofit organizations, match employee donations dollar-for-dollar for hunger-focused groups, and employees plan to volunteer more than 100,000 hours before year-end. The commitment expands the bank's existing annual philanthropic support to over 1,200 organizations addressing hunger and related needs.
Bank of America (NYSE: BAC) will host an Investor Day on Wednesday, November 5, 2025, with presentations from ~9:00 a.m. ET to ~4:30 p.m. ET. Management will discuss franchises, strategic priorities, and growth opportunities.
A live webcast and post-event replay will be available on the Bank of America Investor Relations website under Events & Presentations. Presentation materials will be posted at approximately 6:45 a.m. ET on the day of the event.
Bank of America (NYSE: BAC) reported record adoption of its AI-driven CashPro tools by corporate clients on Oct 27, 2025. Client use of CashPro Chat rose 21% year-over-year, with nearly 70% of corporate clients using the chat for account info, transaction tracking and service resolution.
CashPro Search has surpassed 18 million searches since launch, including a quarterly record of 2.4 million searches in Q3 2025. CashPro Chat averages response times under 30 seconds and reported a Q3 2025 containment rate of 43%. Early adopters saw a 20% reduction in phone/email inquiries. Bank of America plans enhancements including credit inquiry support and streamlined treasury workflows.
Bank of America (NYSE: BAC) announced its Board declared a regular quarterly cash dividend of $0.28 per share on common stock, payable Dec 26, 2025 to shareholders of record as of Dec 5, 2025. The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, payable Jan 23, 2026 to shareholders of record as of Jan 9, 2026.
The release reiterates Bank of America's consumer and institutional scale: nearly 70 million consumer and small business clients, approximately 3,600 retail financial centers, ~15,000 ATMs, and about 59 million verified digital users.
Bank of America (NYSE: BAC) named Andy Noll president of Bank of America Columbus, effective Oct. 23, 2025.
Andy Noll succeeds Kelly D'Ambrosia, who led the Columbus market since 2021 and recently relocated to Dallas. Noll joins the role from Business Banking and Practice Solutions, where he has worked at Bank of America since 2005 and currently leads sales and operations alignment across businesses.
As president and head of the market, he will drive local market share growth, integrate the bank's eight lines of business, and deepen client and community relationships in Columbus.
Bank of America (NYSE: BAC) named Detroit native Maria Serravalle as Community Relations Manager for the Detroit market, effective Oct. 21, 2025. Serravalle succeeds Dwanette Williams, who moved to Employee Banking & Investments. Serravalle has been at the bank since 2008, led affordable lending, financial education, and community investment efforts, and for the past 10 years helped run Community Homeownership Commitment programs.
She holds an accounting degree from Alma College, is a Cass Technical High School graduate, and has board roles with Habitat for Humanity Detroit and other local groups. The bank serves nearly 70 million clients and ~3,600 retail centers.