The company said the Board declared a regular quarterly cash dividend on common stock of $0.28 per share, up $0.02 from the prior quarter. The dividend is payable on September 26, 2025 to shareholders of record as of September 5, 2025.

8-KOther EventsFiled Jul 23, 2025Period of report Jul 23, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

The company said the Board declared a regular quarterly cash dividend on common stock of $0.28 per share, up $0.02 from the prior quarter. The dividend is payable on September 26, 2025 to shareholders of record as of September 5, 2025.
Bank of America said the Board authorized a new $40 billion common stock repurchase program, effective August 1, 2025, to replace the company's current program, which will expire on August 1, 2025.
The company said that as of June 30, 2025, the current common stock repurchase program had approximately $9.1 billion remaining. The current program was authorized by the Board on July 24, 2024.
Bank of America explained that the timing and amount of common stock repurchases are subject to various factors, including the company's capital position, liquidity, regulatory requirements and general market conditions, and may be suspended at any time. It also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Common Stock Quarterly Cash Dividend of $0.28 Per Share

The company said the Board declared a regular quarterly cash dividend on common stock of $0.28 per share, up $0.02 from the prior quarter. The dividend is payable on September 26, 2025 to shareholders of record as of September 5, 2025.

Source · Based on the filing body and exhibits

$40 billion Common Stock Repurchase Program Authorized

Bank of America said the Board authorized a new $40 billion common stock repurchase program, effective August 1, 2025, to replace the company's current program, which will expire on August 1, 2025.

Source · Based on the filing body and exhibits

Current Repurchase Program Remaining Authorization

The company said that as of June 30, 2025, the current common stock repurchase program had approximately $9.1 billion remaining. The current program was authorized by the Board on July 24, 2024.

Source · Based on the filing body and exhibits

Repurchase Timing and Amount Conditions and Series B Preferred Dividend

Bank of America explained that the timing and amount of common stock repurchases are subject to various factors, including the company's capital position, liquidity, regulatory requirements and general market conditions, and may be suspended at any time. It also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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