(BAC) News Today

Li Lu's Himalaya Capital cut its Bank of America (NYSE:BAC | BAC Price Prediction) position by roughly 71% and redeployed the proceeds into the three companies that grade, index, and monitor the credit system itself.

Dan Deming has his eyes on major players in the industrial, financial and defense sectors for today's Big 3 trades. First on his list, Honeywell (HON) where he maps out a call butterfly strategy looking to capture a breakout above $250.

Bank of America's co-head ​of investment banking, Mike Joo, is leaving the ‌firm for an external opportunity, according to an internal memo seen by Reuters, in one of the most high-profile departures at the second-biggest ​U.S. bank in recent months.

Senior Bank of America technology ​executive Ed Liu has ‌resigned and plans to join a competitor, the bank said in ​an internal memo on Wednesday.

Bank of America CEO Brian Moynihan said the company is spending more than $250 million annually to provide GLP-1 weight loss medications to its workforce. Moynihan told CNBC the expense has surged from zero about five years ago, but called it a "good investment.

Key points Applications for the 2027 Bank of America Art Conservation Project® will be accepted from Aug. 1 through Sept. 30, 2026. The program supports the conservation of historically or culturally significant artworks and artifacts around the world.

Bank of America CEO Brian Moynihan joins 'Squawk Box' to discuss the state of the economy, state of the consumer, the Fed's interest rate outlook, the company's stock performance, latest market trends, and more.

Warren Buffett's latest 13F filing, disclosing holdings as of March 31, and filed May 15, still concentrates Berkshire Hathaway's public-equity firepower in just five names.

New Funding Brings Total Regional Flood Support to $3 Million Key points Bank of America is committing more than $1 million in new funding to support flood recovery efforts across Central and South Texas. The funding includes $1 million for LiftFund to help small businesses stabilize operations, preserve jobs, and rebuild, and $50,000 for the American Red Cross to address immediate community needs, bringing Bank of America's total regional flood support to $3 million.

Goldman Sachs is the acknowledged leader in the investment landscape on Wall Street and worldwide.

Bank of America said on Thursday it plans to acquire information security ​firm MDSec Consulting Ltd, as it ‌bolsters its capabilities against cyber attacks.

LONDON and NEW YORK, July 30, 2026 /PRNewswire/ -- Bank of America today announced plans to acquire information security specialist MDSec Consulting Limited ("MDSec"). The transaction is expected to be completed during the fourth quarter of 2026 following the receipt of regulatory approvals.

Bank of America (NYSE:BAC | BAC Price Prediction) and American Express (NYSE:AXP) just posted Q2 2026 results that showcase two very different financial machines.

Clients can now access nearly 1 million travel options across hotels, flights, ground transportation, and more Key points Enhanced Travel Center, powered by Rocket Travel by Agoda, features more than half a million properties worldwide, flights from over 170 airline partners, ground transportation through more than 170 car rental companies, and over 400,000 activities. New platform features improved search tools and expanded booking options, including the ability to mix and match airlines for departure and return flights.

BAC posts 34.4% EPS growth in 2Q26 as record NII, strong trading and investment banking results highlight the strength of its diversified business model.

Bank of America Corporation continues to deliver robust financial performance, with Q2 EPS of $1.22 and a 14% dividend increase. BAC's preferred shares, particularly Series GG (BAC.PR.B), offer over 6% yield and trade slightly below par, presenting attractive income opportunities. The Series GG preferreds face potential call risk if interest rates decline, while Series L offers balance sheet benefits via possible conversion.

Yet it's devoting far more capital to share buybacks. And there's more where that came from.

Bank of America said ​on Friday it has ‌increased its quarterly common stock dividend by 4 ​cents or 14%, ​to 32 cents a share, ⁠with its CEO ​Brian Moynihan citing the ​lender's commitment to return excess capital to shareholders.

CHARLOTTE, N.C., July 24, 2026 /PRNewswire/ -- Bank of America Corporation today announced that the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.32 per share, up $0.04 from the prior quarter, an increase of 14%.

Lenders had shunned the category just a few years ago, with investors and analysts warning of a wave of defaults.

Tepper Sports & Entertainment showcases fan-focused enhancements in new renderings and increases private investment, bringing the total project to more than $1.3 billion Key points Bank of America and Carolina Panthers have extended the naming rights for Bank of America Stadium, continuing one of NFL's longest-standing naming rights partnerships. New stadium renderings highlight enhancements and a broader vision for a year-round weekend destination anchored by Bank of America Stadium that will serve sports, entertainment and community events.

New AI capabilities deliver relevant insights in seconds, helping employees provide more personalized client service in real-time Key takeaways More than 18,000 employees use EricaAssist as a human-assisted AI agent to help serve clients. New Generative AI (Gen AI) capabilities deliver contextual guidance in under three seconds, helping resolve client needs faster and supporting decision making by customer service representatives.

Expansion of no fee loyalty program offers rewards to 30 million more Bank of America clients Key points BofA Rewards program sees surge in new members since launching May 27, 2026. Members in the no fee[1] loyalty program are uniquely rewarded for their full relationship.

Bank of America said ​on Tuesday it ‌has enhanced its AI-powered EricaAssist tool, which ​would help more ​than 18,000 customer service ⁠representatives resolve client ​needs faster by delivering ​real-time guidance during conversations.

Key points Financial wellbeing of employees at U.S. companies rebounds to a four-year high, with 55% reporting they feel good or excellent. While overall debt-related stress dropped year-over-year, economic anxiety remains a top financial stressor.

All eyes turn to the first two Magnificent 7 earnings reports this week: Alphabet and Tesla, as well as IBM results. The latest LERI reading shows corporations are feeling confident with growth prospects as we head into the back half of the year. Potential earnings surprises this week: Charles Schwab, AvalonBay Communities, Norfolk Southern, and more.

Embedded finance and the impact of FinTech pacts are showing up on bank balance sheets. There are different paths toward getting here.

According to the New York/New Jersey Host Committee, fans spent $1.2 billion in June in alone, generating a total economic impact of $2.1 billion.

When Bank of America (NYSE:BAC | BAC Price Prediction) named Brian Moynihan CEO on January 1, 2010, he took over a bank still reeling from the Countrywide and Merrill Lynch acquisitions, tens of billions in looming legal settlements, and a shredded balance sheet.

That matters because high expectations raise the bar for what counts as "good enough"—a company can beat last year's numbers and still disappoint the market if it doesn't beat this year's inflated bar.

Bank of America has reportedly promoted new leaders to guide its artificial intelligence and crypto efforts. Sonali Theisen has been named the bank's head of global digital-assets platform and Kevin Milsom head of platforms AI transformation, Bloomberg News reported Friday (July 17), citing an internal Bank of America (BofA) memo later confirmed by the company.

CHARLOTTE, N.C., July 17, 2026 /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 Floating Rate Non-Cumulative Preferred Stock, Series E $0.27234 July 31 August 17 Floating Rate Non-Cumulative Preferred Stock, Series F $1,105.52311 August 31 September 15 Adjustable Rate Non-Cumulative Preferred Stock, Series G $1,105.52311 August 31 September 15 Floating Rate Non-Cumulative Preferred Stock, Series 1 $0.29213 August 15 August 28 Floating Rate Non-Cumulative Preferred Stock, Series 2 $0.29223 August 15 August 28 Floating Rate Non-Cumulative Preferred Stock, Series 4 $0.29862 August 15 August 28 Floating Rate Non-Cumulative Preferred Stock, Series 5 $0.28128 August 1 August 21 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series FF $29.37500 September 1 September 15 6.000% Non-Cumulative Preferred Stock, Series GG $0.3750000 August 1 August 17 5.375% Non-Cumulative Preferred Stock, Series KK $0.3359375 September 1 September 25 5.000% Non-Cumulative Preferred Stock, Series LL $0.3125000 September 1 September 17 4.250% Non-Cumulative Preferred Stock, Series QQ $0.2656250 August 1 August 17 4.750% Non-Cumulative Preferred Stock, Series SS $0.2968750 August 1 August 17 1  Each series of preferred stock, other than Series F and Series G, is represented by depositary shares.

@Stockstotrade's Tim Bohen talks through today's tech-centric Big 3. He sees Apple (AAPL) as a stock “nailing technology” and reaping all the benefits from AI, sees SpaceX (SPCX) under $100 as a strong buying opportunity, and notes that Bank of America (BAC) has done "no wrong lately.

Bank of America has announced senior appointments to drive AI ​adoption and implementation across its global markets ‌group, according to an internal memo seen by Reuters on Friday.

Headline earnings beats across money-center banks frequently mask deep divergences in net interest income sustainability and operational leverage. A rapid glance at big bank second-quarter 2026 earnings reports shows broad consensus beats across the board.

Bank of America Chair and CEO Brian Moynihan discusses the continued strength of the US consumer and breaks down the firm's second-quarter earnings. Moynihan also talks about lending and mortgages, inflation, and the role of data and AI within the company on “Bloomberg Surveillance.

As always, the quarterly earnings were kicked off by the major large-cap money center banks, and as expected they all delivered solid earnings reports.

Wall Street's biggest banks found few reasons to complain this earnings season. Investment bankers were busier than they have been in years, trading desks thrived on volatility and resilient consumers ​kept lending businesses humming.

While we are still in the opening stages of the Q2 reporting cycle, the early results strongly reinforce the robust corporate earnings trend we've been seeing, with the big banks starting off the Q2 earnings season with remarkable momentum.

Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest households remain resilient despite growing economic uncertainty.

Bank of America (NYSE:BAC) reported better-than-expected earnings for the second quarter on Tuesday.

Financial stocks may benefit from elevated interest rates, resilient economic growth, and increased trading activity. Strong sector momentum and a bullish technical signal support a constructive outlook as major banks report earnings. Large and regional banks offer exposure to healthy lending margins, deposits, credit conditions, and improving earnings expectations.

Virtually everything worked in big banks' favor in the second quarter, but there's no shortage of things that could go wrong.

BAC sees durable earnings growth from rising NII, loan and deposit gains, operating leverage and AI-enabled productivity.

Heads of the largest U.S. lenders say their bankers have more deals lined up—even after their latest earnings results showed strong growth, thanks to clients' confidence in carrying out big-ticket transactions.

Lenders' results contrast with measures that show the highest credit card delinquency rates in 15 years.

CHARLOTTE, N.C., July 14, 2026 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem on July 22, 2026 all $400,000,000 principal amount outstanding of its Floating Rate Senior Notes, due July 2027 (CUSIP No.

The Nasdaq added 0.9% and the S&P 500 rose 0.4%, buoyed by tech strength and a blockbuster start to the second-quarter earnings season. Five of the nation's largest lenders—including JPMorgan Chase and Goldman Sachs—reported a 39% jump in combined earnings to over $49 billion, driven by surging Wall Street fees from a widespread “risk-on” environment, the recent SpaceX IPO, and the AI boom.

Citigroup (NYSE:C | C Price Prediction) stock is down 4.7% to $134 Tuesday afternoon, a sharp sell-the-news reversal after the bank beat every analyst estimate for the second quarter.

Jamie Dimon said conditions were nearly ‘as good as it gets' after JPMorgan reported a big jump in profit.