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Bank of America to hire 1,000 more apprentices and invest $150M in U.S. workforce development.

Market News
24 Sep 2026
PYMNTS
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Bullish
Bank of America to hire 1,000 more apprentices and invest $150M in U.S. workforce development.

Bank of America announced plans to hire 1,000 additional apprentices over the next two years, adding to the 800 apprentices it already hires annually. The bank will invest $150 million in workforce development across the U.S., building on the $40 million invested in 2025. These apprenticeship programs offer paid, on-the-job training for individuals without a bachelor's degree, aiming to create skilled workers for various bank roles. This initiative supports long-term career opportunities and aligns with the bank's broader strategy to expand its physical presence and workforce capabilities.

Bank of America shares are trading at USD 56.07 as of Sep 25, 2026 01:31 WIB on Pluang, which is closer to its 52-week low of USD 46.72 than its high of USD 64.81. Despite this, the stock shows a modest 1-day gain of 0.13% and a dividend yield of 2.29%, with 88% of Pluang users buying the stock. This trading context highlights investor interest as the bank expands its apprenticeship programs.

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