Key Developments: Bank of America Corp (BAC)

BAC on New York Consolidated

17.53USD
18 Dec 2014
Price Change (% chg)

$0.27 (+1.56%)
Prev Close
$17.26
Open
$17.47
Day's High
$17.53
Day's Low
$17.34
Volume
78,769,422
Avg. Vol
79,094,126
52-wk High
$18.03
52-wk Low
$14.37

Search Stocks

Latest Key Developments (Source: Significant Developments)

Bank of America Corp declares quarterly dividend on Series L preferred stock
Wednesday, 17 Dec 2014 01:28pm EST 

Bank of America Corp:Authorized regular quarterly cash dividend of $18.125 per share on 7.25 pct Non-Cumulative Perpetual Convertible Preferred Stock, Series L.Dividend is payable on Jan. 30, 2015 to shareholders of record as of Jan. 1, 2015.  Full Article

Bank of America declares quarterly dividends
Thursday, 23 Oct 2014 03:13pm EDT 

Bank of America Corp:Declares a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable Dec. 26 to shareholders of record as of Dec. 5.Says the board also declared a regular quarterly cash dividend of $1.75 per share on the 7 pct Cumulative Redeemable Preferred Stock, Series B.Payable Jan. 23, 2015 to shareholders of record as of Jan. 9, 2015.  Full Article

Bank of America declares preferred dividends
Thursday, 9 Oct 2014 03:00pm EDT 

Bank of America Corp:Authorized dividends on preferred stock.A quarterly cash dividend of $0.38775 per depositary share on the 6.204 percent Non-Cumulative Preferred Stock, Series D, is payable on Dec. 15 to shareholders of record as of Nov. 28.A quarterly cash dividend of $0.25556 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series E, is payable on Nov. 17 to shareholders of record as of Oct. 31.A quarterly cash dividend of $1,011.11111 per share on the Floating Rate Non-Cumulative Preferred Stock, Series F, is payable on Dec. 15 to the shareholder of record as of Nov. 28.A quarterly cash dividend of $1,011.11111 per share on the Adjustable Rate Non-Cumulative Preferred Stock, Series G, is payable on Dec. 15 to the shareholder of record as of Nov. 28.A quarterly cash dividend of $0.4140625 per depositary share on the 6.625 percent Non-Cumulative Preferred Stock, Series I, is payable on Jan. 2, 2015 to shareholders of record as of Dec. 15.A semi-annual cash dividend of $40.625 per depositary share on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M, is payable on Nov. 17 to shareholders of record as of Oct. 31.A semi-annual cash dividend of $26.00 per depositary share on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series U, is payable on Dec. 1 to shareholders of record as of Nov. 15.  Full Article

Bank of America elects Brian Moynihan as Chairman of the Board of Directors
Wednesday, 1 Oct 2014 04:45pm EDT 

Bank of America Corp:Elected Chief Executive Officer Brian Moynihan as Chairman, succeeding Charles Holliday, effective immediately.  Full Article

Bank of America Corp declares quarterly dividend on series L preferred stock
Tuesday, 16 Sep 2014 11:10am EDT 

Bank of America Corp:Authorizes a regular quarterly cash dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L.Payable on Oct. 30 to shareholders of record as of Oct. 1.  Full Article

Huntington Bancshares expands in Michigan with finalization of its acquisition of 24 Bank of America Branches
Tuesday, 16 Sep 2014 06:00am EDT 

Huntington Bancshares Inc:Says through its subsidiary Huntington National Bank, completes acquisition of 24 Bank of America branches in Michigan, Huntington.  Full Article

Bank of America Corp reaches comprehensive settlement with U.S. department of justice and state attorneys general to resolve mortgage-related litigations and investigations
Thursday, 21 Aug 2014 09:04am EDT 

Bank of America Corp:Reached comprehensive settlement with U.S. Department of Justice (DoJ), certain federal agencies and six states.Claims relate primarily to conduct that occurred at Countrywide and Merrill Lynch prior to Bank of America's acquisition of those entities.Bank of America will pay total of $9.65 bln in cash and provide about $7.0 bln worth of consumer relief.Cash portion consists of $5.02 bln civil monetary penalty and $4.63 bln in compensatory remediation payments.Says settlement expected to reduce Q3-14 Pretax earnings by $5.3 bln and negatively impact EPS by about $0.43 per Share.  Full Article

Bank of America declares Series B preferred dividend
Wednesday, 6 Aug 2014 12:30pm EDT 

Bank of America:Declares regular quarterly cash dividend of $1.75 per share on seven pct Cumulative Redeemable Preferred Stock, Series B.Payable Oct. 24 to Series B shareholders of record as of Oct. 10.  Full Article

Bank of America increases quarterly common stock dividend to $0.05 per Share
Wednesday, 6 Aug 2014 09:15am EDT 

Bank of America:Approved an increase in the quarterly common stock dividend to $0.05 per share from $0.01 per share.Payable Sept. 26 to shareholders of record as of Sept. 5.  Full Article

American International Group announces settlement with Bank of America on residential mortgage related disputes
Wednesday, 16 Jul 2014 07:00am EDT 

American International Group Inc:Reaches a global resolution of its residential mortgage related disputes with Bank of America.Resolution includes its claims pending in New York and California federal courts related to the creation, offering, and sale of RMBS from which AIG and its subsidiaries suffered losses.Under the terms of the settlement, AIG will receive $650 mln in cash plus its pro rata share of whatever amount is ultimately paid out to investors in connection with the Countrywide repurchase settlement.Parties have agreed to resolve the outstanding mortgage guaranty claims disputes in accordance with agreed-to claims processes and payment formulae.  Full Article

U.S. Bank, Bank of America sued over mortgage securities

WASHINGTON, Dec 17 - The U.S. credit union regulator said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities sold in the years leading up to the financial crisis.

Search Stocks