Bank of America Stock News

Bank of America on Friday elevated BofA veterans Jim DeMare and Dean Athanasia to co-presidents. They will work with CEO Brian Moynihan to oversee the company's various business lines.

Bank of America appointed Dean Athanasia and Jim DeMare as co-presidents, the U.S. lender said on Friday, as CEO Brian Moynihan reinforced his commitment to lead the second-largest bank in the country through the end of the decade.

CHARLOTTE, N.C. , Sept. 12, 2025 /PRNewswire/ -- Bank of America today announced senior leadership appointments to further build and deliver its capabilities around the globe for clients, shareholders, and local communities.

Second-quarter results are all but in as the third quarter is coming to an end. But three of Warren Buffett's favorite dividend stocks posted incredible results for Q2. With interest rate cuts all but guaranteed, top Buffett dividend stocks should get a strong tailwind.

CHARLOTTE, N.C. , Sept. 12, 2025 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on September 22, 2025 all €2,000,000,000 principal amount outstanding of its Floating Rate Senior Notes, due September 22, 2026 (ISIN: XS2387929834; Common Code: 238792983) (the "Notes").

Banks and financial institutions are expanding their operations in Texas. Corporations across industries are flocking to the state, which promises business-friendly taxes.

Bank of America demonstrates resilience and stability, with solid Q2 2025 results, a strong balance sheet, and an expanding customer base across key business segments. Valuation remains at a premium versus peers, justified partly by above-average EPS growth, but return metrics lag top global competitors. Dividend growth is a highlight: 11 years of increases, low payout ratio, and consistent ann...

Bank of America's 'L' preferred shares pay a fixed payout of $72.50 per year, providing a 5.73% yield at today's price. This gives the preferred shares considerably more income potential than the common shares ('equity'). The Federal Reserve is widely expected to cut interest rates at its next meeting. If it happens, this move will likely cause BAC.PR.L to increase in price.