News releases from Bank of America
Bank of America Announces 2022 Financial Reporting Dates
June 10, 2021
Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates’ growing need to pay consumers...
Bank of America Corporation announced today that it will redeem on June 25, 2021 all $850,000,000 principal amount outstanding of its Floating Rate Senior Notes, due June 2022 (CUSIP No. 06051GHJ1)...
Training for 43rd Bank of America Chicago Marathon Kicks Off Next Week as Planning Continues for the Return of the Event this October
June 03, 2021
Thousands of runners will kick off their 18-week training journey next week in preparation for the Bank of America Chicago Marathon. Race officials are working closely with the City of Chicago,...
Bank of America Awards $350,000 to Texas Tech University School of Veterinary Medicine
June 01, 2021
The Texas Tech University (TTU) School of Veterinary Medicine (SVM) is receiving $350,000 in gift funds from Bank of America to build and support a new world-class school of veterinary medicine to...
Bank of America Corporate Banking, Global Commercial and Business Banking Services Earns J.D. Power Certification for the 12th Consecutive Year
June 01, 2021
For the 12th consecutive year, the J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Global Commercial and Business Banking Services for providing “An...
Bank of America Announces New Commitment in Atlanta to Advance Racial Equality and Economic Opportunity
May 24, 2021
Today, Bank of America announced a grant to the Sweet Auburn Works (SAW) Retail Accelerator Fund that will provide grants of up to $25,000 per business to local entrepreneurs of color. The grant is...
Bank of America Surpasses Equity Investment Goal of $200 Million and Increases Target to $350 Million to Support Minority Entrepreneurs
May 20, 2021
Bank of America announced today it has increased its target for equity investment in minority focused funds from $200 million to $350 million. In less than a year, the company has committed more than...
Despite Challenges during the Pandemic, Employees Remained Committed to Saving for Retirement and Future Health Care Costs
May 19, 2021
Bank of America today announced insights from its 2021 Financial Life Benefits Impact Report, which reveal that despite what was a challenging year financially for many Americans, the vast majority of...
Today, Bank of America announced it will raise its U.S. minimum hourly wage to $25 by 2025. In March last year, the company raised its U.S. minimum wage to $20 per hour.
Bank of America and NACA Expand Mortgage Program to $15 Billion to help Low-to-Moderate-Income Homebuyers in Achieving Affordable Homeownership
May 18, 2021
Bank of America and the Neighborhood Assistance Corporation of America (NACA) today announced the expansion of their national affordable homeownership mortgage program, with a goal of providing $15...
Bank of America Finds 60% of Small Business Owners Expect their Revenue to Increase This Year, a Significant Rebound since Last Fall
May 11, 2021
According to the Bank of America 2021 Small Business Owner Report, U.S. small business owners have started to regain their footing after an unprecedented year of challenges brought on by the...
Bank of America Announces Redemption of 3.499% Fixed/Floating Rate Senior Notes, due May 2022
April 28, 2021
Bank of America Corporation announced today that it will redeem on May 17, 2021 all $2,250,000,000 principal amount outstanding of its 3.499% Fixed/Floating Rate Senior Notes, due May 2022 (CUSIP No....
Amidst a Dynamic Home Buying Market, 70% of Prospective Buyers Looking For Vibrant and Connected Communities
April 27, 2021
What’s driving home sales, higher home prices and bidding wars in many areas of the country? Low housing inventory and low interest rates are often factors, but Bank of America’s 2021 Homebuyer...
Bank of America Announces $1.5 Million Commitment to Advance Racial Equality and Economic Opportunity in Massachusetts
April 26, 2021
Bank of America today announced a $1.5 million commitment as part of its work to advance racial equality and economic opportunity in Massachusetts. King Boston, an organization dedicated to raising...
Bank of America, N.A. announced today that it issued a $1 billion six-month floating rate bank note referencing the one-month tenor of the Bloomberg Short-Term Bank Yield IndexSM (BSBY) to multiple...
Bank of America Announces Preliminary Voting Results From 2021 Annual Meeting of Stockholders
April 20, 2021
Bank of America today announced preliminary results of matters voted upon during the company’s 2021 annual meeting of stockholders.
Bank of America Reports First-Quarter 2021 Financial Results
April 15, 2021
Bank of America reported its first-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:
As previously announced, Bank of America will report its first-quarter 2021 financial results on Thursday, April 15. The results will be released at approximately 6:45 a.m. ET, followed by an investor...
Bank of America Increases Environmental Business Initiative Target to $1 Trillion by 2030
April 08, 2021
Bank of America today announced a goal of deploying and mobilizing $1 trillion by 2030 in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable...
Bank of America Study Finds Nearly Half of Affluent Americans Getting Their Financial Lives in Order During the Pandemic
April 06, 2021
Concerned about threats to financial success outside of their control, 46% of affluent Americans have been getting their financial lives in order during the last year, according to a recent study from...
Bank of America Acquires Axia Technologies, Inc.
April 02, 2021
Bank of America today announced that it has acquired Axia Technologies, Inc. (“AxiaMed”), an industry-leading health care payment and technology company focused on facilitating secure patient...
Bank of America Increases Commitment to Advance Racial Equality and Economic Opportunity to $1.25 Billion
March 30, 2021
Bank of America today announced that it has increased its $1 billion, four-year commitment to advance racial equality and economic opportunity to $1.25 billion over five years. This effort further...
Bank of America Reaches Milestone; Company Has Distributed 25 Million Masks to Underserved Communities Across the U.S.
March 17, 2021
Bank of America today announced that in partnership with local nonprofits across the country, it has distributed more than 25 million masks since last summer as part of its ongoing efforts to address...
Bank of America Declares Preferred Stock Dividends
March 12, 2021
Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:
Bank of America Directs Over $22 Million in Grants to National and Local Nonprofits Supporting People and Communities of Color
March 01, 2021
Bank of America announced today that it has directed more than $22 million in philanthropic funding to support education, jobs, entrepreneurship, health and housing and for people and communities of...
Bank of America Provides $1.1 Million to Support Texans and Communities Impacted by Winter Storm
February 24, 2021
Bank of America today announced a $1.1 million commitment to address local needs across Texas as communities continue to recover from a devastating winter storm that left dozens dead and millions...
Bank of America Helps Fuel Black Innovation with Launch of the Center for Black Entrepreneurship
February 22, 2021
Today, Bank of America, the Black Economic Alliance Foundation, Morehouse College and Spelman College announced the development of the Center for Black Entrepreneurship (CBE), the first-ever academic...
Bank of America Sets Record for Patents in 2020 with Majority of Employees Working from Home
February 18, 2021
Bank of America inventors filed 722 patent applications with the United States Patent Office last year, the most in the company’s history. This record came while 85% of the company’s workforce was...
Bank of America Announces Actions to Achieve Net Zero Greenhouse Gas Emissions before 2050
February 11, 2021
Building on Bank of America’s longstanding support for the Paris Climate Agreement, the company today outlined initial steps to achieve its goal of net zero greenhouse gas (GHG) emissions in its...