|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||33.10 - 33.26|
|52-week range||33.10 - 33.26|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||0.09|
|Earnings date||13 Jan 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Bank of America Corporation announced today that it will redeem on December 20, 2022 all $6,000,000,000 principal amount outstanding of its 3.004% Fixed/Floating Rate Senior Notes, due 2023 (CUSIP Nos. 06051GHC6, 06051GGV5 and U0R8A1AA5) (the "Notes").
Bonus pools are shrinking at some of the biggest banks this year, including Goldman Sachs, JP Morgan, Citi, and Bank of America.
Bank of America Corporation ("Bank of America") (NYSE: BAC) previously announced the commencement of 14 concurrent, but separate, offers (collectively, the "Offers") by BofA Securities, Inc. ("BofA Securities"), a wholly owned indirect subsidiary of Bank of America, to purchase for cash up to $1.5 billion in aggregate Liquidation Preference (as defined below) of outstanding Depositary Shares, representing fractional interests in 14 separate series of Bank of America preferred stock (such deposit