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 September 1 and payment dates from August 17 to September 25. This move reflects the bank's ongoing commitment to returning value to preferred shareholders. Investors holding these preferred shares can expect scheduled dividend payments in the coming months.
The financial sector is currently undervalued compared to the S&P 500, trading at lower earnings multiples despite strong profitability and capital returns. Investor focus on AI and mega-cap tech stocks has left financials overlooked, but improving m...
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...
