Bank of America Corporation

2 days ago · seekingalpha.com

Bank of America common shares and preferreds present attractive risk/reward amid market volatility and recent price declines. Q3 results were solid despite a $1.2B regulatory settlement. Underlying EPS would have been ~$1.10, mainly impacted by lower market making income. Bank of America Corporation 7.25%CNV PFD L (Series L) and Bank of America Corporation 4.125% DP PFD PP (Series P) offer 6.2–7% yields, with capital gain potential if rates fall. Both remain appealing.

2 days ago · seekingalpha.com

Bank of America Series L convertible preferred shares offer a ~6.2% yield, materially higher than the common's ~2.27%. BAC.PR.L provides both fixed-income characteristics and equity participation, with conversion optionality and seniority in dividend payments, and also relatively outperforming both common stock and other company fixed-rate preferreds in recent months. Shares currently trade at a ~16%; from 4-8% at the time of July coverage, a premium to conversion value, as a result of recent market volatility.

3 days ago · reuters.com

Bank of America sued over mandatory arbitration for employee disputes

3 days ago · 247wallst.com

A bank refused a father's decade-old power of attorney and demanded its own form instead. Depending on the state, that refusal may now expose the bank to court orders, attorney fees, and worse.

4 days ago · zacks.com

Bank of America's expanding branch network and AI investments could fuel deposit growth, deepen customer relationships and improve operating efficiency.

4 days ago · prnewswire.com

29% of Americans say they plan to do most of their shopping in early to mid-December this holiday season, compared with 17% on Black Friday Key points Bank of America's Holiday Spending Survey finds early to mid-December may surpass Black Friday as the most popular time for holiday shopping. Through a nationally representative survey of 2,000+ U.S. adults, 87% expect their holiday spending to hold steady or decline this year, while just 12% say they plan to spend more.

4 days ago · cnbc.com

Sen. Elizabeth Warren, D-Mass., is urging the Justice Department to launch a criminal investigation into Bank of America and its executives over anti-money-laundering failures.

5 days ago · zacks.com

Bank of America's record NII, strong deposits and attractive valuation boost its appeal, but rising costs and trading volatility raise concerns.

5 days ago · 247wallst.com

Bank of America's top technical strategist flagged a pattern that preceded every major market peak since 2000, and it is showing up again right now in the data investors use least.

5 days ago · reuters.com

Bank of America plans to open 19 branches ​in Wisconsin by 2030, creating 130 ‌jobs, it said on Wednesday, and is on course to open 50 branches ​a year across the US.