Bank of America's preferred stock BAC.PR.B features a 6% fixed, non-cumulative coupon and a BBB- rating. The stock is considered a buy if its yield reaches 7%, supported by BAC's strong market position and steady dividend growth. However, investors should be cautious of risks from Federal Reserve tightening and potential regulatory changes affecting card fees. The preferred stock's yield is mid-tier within BAC's offerings, and investors should consider call risk, coupon structure, and issuer reliability before investing.
As of Nov 13, 2026 19:51 WIB, Bank of America Corp (BAC) shares trade at USD 50.70 on Pluang, showing a modest 0.38% gain for the day. Despite the preferred stock's fixed 6% coupon and buy rating conditional on a 7% yield, current market sentiment leans heavily towards selling, with 93% of Pluang orders being sell orders. The stock's dividend yield stands at 2.53%, reflecting a more conservative income profile compared to the preferred shares mentioned in the article.
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