Bank of America reported strong Q2 2026 earnings with EPS of $1.21 and revenue of $31.56 billion, both exceeding analyst expectations. The bank reaffirmed its commitment to shareholders by authorizing regular cash dividends on preferred stock, payable in August and September 2026. Analysts responded positively, raising the price target to $70, indicating potential stock upside. This solid performance and dividend commitment highlight Bank of America's financial strength and investor confidence.
Bank of America recently launched its BofA Rewards™ Program, enrolling over 3 million clients in just seven weeks, signaling strong customer interest. Meanwhile, Representative James A. Himes sold Bank of America shares valued between $1,001 and $15,...
Bank of America enhanced its AI assistant, EricaAssist, used by over 18,000 employees to provide real-time insights during client calls. The new generative AI features deliver relevant guidance in under three seconds, helping customer service reps re...
Bank of America has expanded its no-fee BofA Rewards loyalty program to include 30 million more clients with personal checking accounts. Since its launch on May 27, 2026, over 3 million clients have enrolled, enjoying benefits like credit card bonuse...
The 2026 FIFA World Cup has injected $20 billion into the US economy, according to Bank of America, fueling significant spending increases in host cities and nationwide. Consumer spending surged 5-6% year-over-year, with notable growth in bars, resta...
Bank of America Corporation announced that its Board of Directors has authorized regular cash dividends for several series of its preferred stock. The dividend amounts and payment dates vary by series, with record dates ranging from July 31 to Septem...
