Bank of America Stock News

Dividend investing comes in many flavors, but the general goal of the strategy is to own shares of high-quality companies that will grow over time, providing a combination of share price appreciation and a growing dividend income. Dividends are almost always a cash expense for companies, so it's a badge of merit when a company can regularly increase its payouts.

Shares of Bank of America (BAC 1.03%) are down approximately 14% from their 52-week high amid the broader stock market sell-off. Concern over the U.S. economy and the impact of trade tariffs being implemented by the Trump administration have marked a decisive shift in investor sentiment.

Bank of America (BAC) has made another new change to increase oversight of the working conditions of junior bankers, according to a Monday report from The Wall Street Journal.

Equity markets have not performed well so far in 2025, with macroeconomic tensions, including President Donald Trump's trade wars, playing a role. On the bright side, the ongoing volatility could create excellent opportunities to buy shares of great companies on the dip.

Sources believe Trump's victory was essentially a double whammy for the CEO — putting the bank in the crosshairs but also halting his own political aspirations.

CHARLOTTE, N.C. , March 13, 2025 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:  Series of Preferred Stock Dividend per Share or Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock,...

The layoffs are part of an annual process to cut under-performers. However, deal volumes have also fallen below expectations in the first half of the year.

Bank of America's latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday.