Bank of America Corporation's Stock Analysis

Bank of America Issues Series UU Preferred Stock and Depositary Shares

On July 24, 2025, Bank of America Corporation issued 100,000 shares of Series UU Preferred Stock, which has specific restrictions on dividend declarations and stock repurchases if full dividends are not paid. The preferred stock has a liquidation preference of $25,000 per share and is governed by a Certificate of Designations filed with the Secretary of State of Delaware.

Additionally, the Corporation sold 2,500,000 Depositary Shares, each representing a 1/25th interest in a share of the Series UU Preferred Stock. The terms of this offering are outlined in the Corporation’s Prospectus dated March 28, 2024, and further supplemented by a Prospectus Supplement dated July 21, 2025.

Jul 24, 2025 16:30:23

Bank of America Announces $40 Billion Stock Buyback Program

Bank of America Corporation's Board of Directors has authorized a new $40 billion common stock repurchase program effective August 1, 2025, to replace the existing program set to expire on the same date. As of June 30, 2025, approximately $9.1 billion remained under the current repurchase program. This decision reflects the company's commitment to return excess capital to shareholders while maintaining regulatory capital levels above minimum requirements.

Additionally, the Board declared a regular quarterly cash dividend of $0.28 per share on common stock, an increase of $0.02 from the previous quarter. This dividend is payable on September 26, 2025, to shareholders of record as of September 5, 2025. The Board also announced a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, payable on October 24, 2025, to shareholders of record as of October 10, 2025.

Jul 23, 2025 16:56:47

Bank of America Reports Q2 2025 Financial Results

Bank of America Corporation reported a net income of $7.1 billion for the second quarter of 2025, translating to $0.89 per diluted share. This marks an increase from $6.9 billion, or $0.83 per diluted share, in the same quarter last year. The company's total revenue for the quarter was $26.5 billion, up 4% year-over-year, driven by higher net interest income, sales and trading revenue, and asset management fees. The average deposits increased to $1.97 trillion, reflecting consistent growth over the past eight quarters, while average loans and leases rose to $1.13 trillion, up 7% across all business segments. The Common Equity Tier 1 (CET1) capital ratio stood at 11.5%, well above regulatory requirements, and the company returned $7.3 billion to shareholders during the quarter through dividends and share repurchases.

In the Consumer Banking segment, net income was reported at $3.0 billion with revenues of $10.8 billion, up 6% from the previous year, largely due to increased net interest income. Global Wealth and Investment Management saw a net income of $1.0 billion, with revenues rising by 7% to $5.9 billion, driven by strong asset management fees. The Global Markets segment reported net income of $1.5 billion, reflecting a 14% increase in sales and trading revenue. Overall, Bank of America demonstrated solid performance across its business segments, with continued investment in technology and personnel contributing to its growth.

Jul 16, 2025 06:46:12

Bank of America Plans 8% Dividend Increase to $0.28

Bank of America announced plans to raise its quarterly common stock dividend by 8% to $0.28 per share, effective in the third quarter of 2025. This decision follows the results of the Federal Reserve's 2025 Comprehensive Capital Analysis and Review, which showed an improvement in the bank's capital depletion metrics. The bank's preliminary stress capital buffer would increase to 2.5%, and its CET1 minimum requirement would be 10.0% starting October 1, 2025, with potential further changes anticipated in January 2026 based on proposed Federal Reserve modifications.

As of March 31, 2025, Bank of America reported $201 billion in regulatory CET1 capital, resulting in a CET1 ratio of 11.8%, which is above the current minimum requirement. The planned dividend increase is subject to approval by the bank's Board of Directors. Bank of America continues to serve a wide range of clients, including individual consumers and large corporations, through its extensive network of retail centers and digital banking services.

Jul 01, 2025 16:47:43