|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)||1.38|
|PE ratio (TTM)||0.09|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Today, Bank of America published Break Through the Stigma: Menopause in the Workplace, a new report revealing half of peri- and post-menopausal women (51%) report menopause has negatively impacted their work life, yet only 14% believe their employers recognize the need for menopause-specific benefits. The underrecognized need for menopause-specific benefits comes as 20% of the workforce is in some phase of menopause transition1 and the number of post-menopausal women is expected to reach 1.1 bil
DirectBooks announced today that BMO Capital Markets, Blaylock Van, and American Veterans Group have joined the platform. These recent additions increase the total number of underwriters on DirectBooks to 31, including 5 diversity underwriting firms, and complements a community of more than 375 institutional investors. The core offering now consists of Investment Grade, Emerging Markets, High Yield, and Sovereigns, Supranationals & Agencies (SSAs) issuances across USD, EUR and GBP markets.
Bank of America Corporation announced today that it will redeem on May 28, 2023 all $1,250,000,000 principal amount outstanding of its Floating Rate Senior Notes, due May 2024 (CUSIP No. 06051GJX8) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of May 28, 2023. Since May 28, 2023 is not a business day, the redemption price together with accrued and unpaid interest will be paid on the
Bank of America today announced it has awarded a $3 million grant to the Obama Foundation to support its workforce development and community support initiatives, both of which are tied closely to the forthcoming Obama Presidential Center on Chicago's South Side.
Bank of America is pleased to officially launch its impact accelerator program named Bank of America Breakthrough Lab with the call for applications for the September 2023 cohort. The six-month program provides tailored mentorship, digital expertise, networking with industry experts and access to potential investors to Black, Hispanic-Latino, Native American and other entrepreneurs from underrepresented communities so that they can scale-up their technology-related businesses.
Bank of America Corporation announced today that it will redeem on May 19, 2023 all $1,000,000,000 principal amount outstanding of its 1.486% Fixed/Floating Rate Senior Notes, due May 2024 (CUSIP No. 06051GJC4) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of May 19, 2023. Interest on the Notes will cease to accrue on the redemption date.
Bank of America today announced that it has opened a new branch in Luxembourg, further strengthening its capabilities and the value it offers to clients in core markets.
Many hopeful homebuyers – especially those in their 40s and younger – are forging ahead with plans to buy homes despite believing the market favors sellers, according to Bank of America's 2023 Homebuyer Insights Report. And while more than half of prospective homebuyers surveyed (55%) believe the market is more competitive than last year, just as many (54%) plan to either speed up their home purchases or buy when they originally planned, including 62% of Gen Z and 55% of Millennial homebuyers.
In an effort to provide expertise and additional resources to nonprofits across the country, Bank of America is providing Jersey City-based Liberty Science Center (LSC) a senior technology leader for the next 12 months as part of Bank of America's (BofA) Leader on Loan program. BofA TechStart Pathways Program Manager, Pragna Mehta, will fulfill a full-time role at LSC as their interim Data and Analytics Strategist.
The Negro Leagues Baseball Museum (NLBM) today announced it has been awarded a $1 million grant from Bank of America in support of the museum's $25 million capital campaign to build a new 30,000 square-foot facility. This funding will enable the NLBM to provide the latest state of the art technology that will be used to promote diversity, inclusion, and equity through the lens of America's unsung baseball heroes who overcame tremendous social adversity to play baseball. The announcement was made
Today, Bank of America and Chick-fil-A, Inc. announced their combined commitment of $2 million to Grove Park Foundation to create the Grove Park Performing and Cultural Arts Center by renovating the historic Grove Theatre on Donald Lee Hollowell Parkway.
The majority of U.S. small business owners (72%) are concerned about the impact of a potential recession, however 76% are confident their business could withstand the downturn, according to the Bank of America 2023 Small Business Owner Report (PDF). The survey of more than 1,000 business owners across the country found that, despite the continued impact of inflation and supply chain issues, 65% of business owners anticipate revenue growth in the next 12 months.
Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.22 per share, payable on June 30, 2023 to shareholders of record as of June 2, 2023.
Bank of America reported its first-quarter 2023 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America's Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
Bank of America announced today that 23 cultural institutions have been named as recipients of the 2023 Bank of America Art Conservation Project. They represent a diverse range of artistic styles, media and cultural traditions across China, Colombia, France, Lebanon, Mexico, Singapore, South Africa, Sweden, the U.K. and the U.S.
As previously announced, Bank of America will report its first-quarter 2023 financial results on Tuesday, April 18. The results will be released at approximately 6:45 a.m. ET, followed by an investor presentation at 8:30 a.m. ET.
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:
Bank of America Corporation announced today that it will redeem on April 25, 2023 all €2,000,000,000 principal amount outstanding of its Floating Rate Senior Notes, due April 25, 2024 (ISIN: XS1811433983; Common Code: 181143398) (the " Notes").
Bank of America Corporation ("BAC") (NYSE: BAC), BofA Finance LLC ("BofA Finance") and certain other BAC-affiliated issuers have issued and outstanding certain floating or fixed-to-floating rate debt securities, preferred stock represented by depositary shares and trust preferred securities, listed in the Annexes to this press release, that are governed by New York or Delaware law, for which U.S. dollar LIBOR ("USD LIBOR"), for one- or three-month tenors, serves as the benchmark rate used in con
Bank of America today announced that Lindsay Hans and Eric Schimpf have been appointed presidents and co-heads of Merrill Wealth Management, reporting to Bank of America Chair and Chief Executive Officer Brian Moynihan.
Bank of America has named Scott Vanderpool president of Bank of America Phoenix. The company also announced that widely known business leader Benito Almanza plans to retire April 6 after 45 years of service with the company and 22 years as Phoenix and Arizona president.
Bank of America today announced that more than 10 million clients have used Life Plan® since its launch in late 2020. Available within the Bank of America mobile app and online banking platform, Life Plan is a first-of-its-kind, personalized digital experience that enables clients to set and track near- and long-term goals based on their life priorities, and better understand and act on steps toward achieving them. Clients who have used Life Plan have added more than $55 billion to their Bank of
The Boston Athletic Association (B.A.A.) announced today Bank of America will be the presenting partner of the Boston Marathon® beginning in 2024. The world's oldest annual and most historic marathon has teamed up with one of the world's leading financial institutions on a decade-long agreement, which will extend far beyond the finish line of the annual Patriots' Day event.
Bank of America Institute released new analysis today which examines the increase in housing costs across the United States. BofA internal data shows that median rent payments were up 8% year-over-year (YoY) and median mortgage payments were up 7% YoY for BofA customers in February, but there are meaningful variations by geography. Metropolitan areas in the Sun Belt like Phoenix and Tampa saw rent costs increase by as much as a staggering 26% and 23% YoY respectively, both of which are at a reco
Bank of America Corporation announced today that it will redeem on April 24, 2023 all CAD1,000,000,000 principal amount outstanding of its 3.301% Fixed/Floating Rate Senior Notes, due April 2024 (CUSIP No. 060505FJ8, ISIN: CA060505FJ83) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of April 24, 2023. Interest on the Notes will cease to accrue on the redemption date.