$BAC (Bank of America Corporation)

$BAC {{ '2016-01-14T14:02:39+0000' | timeago}} • Webcast

$JPM, that competes with other big banks like $BAC and $WFC, said its overall net interest income (NII) grew about $300MM in 4Q15, driving a 7 BP improvement in net interest margin (NIM). For 1Q16, the firm expects its NII and NIM to be flat to up slightly on higher rates. For full year 2016, $JPM expects to deliver about $2Bil of incremental NII.

$BAC {{ '2017-09-20T15:41:19+0000' | timeago}} • Webcast

With customers like $BAC and $T, $ORCL is confident of taking market share across the applications ecosystem. Oracle's app business grew 17% in 1Q18 with large marquee customer wins across Cloud portfolio. Oracle said its app business growth rate in the Cloud is higher than other players and sells double of what $CRM sells in absolute dollars.

$BAC {{ '2017-09-18T14:48:54+0000' | timeago}} • Announcement

$BAC Board has authorized a regular quarterly cash dividend of $0.375 per depositary share on the 6% Non-Cumulative Preferred Stock, Series EE. The dividend is payable on Oct 25, 2017 to shareholders as of Oct 1, 2017.

$BAC {{ '2017-09-18T14:44:34+0000' | timeago}} • Announcement

$BAC authorized a regular quarterly cash dividend of $0.3875 per depositary share on the 6.20% Non-Cumulative Preferred Stock, Series CC. The dividend is payable on Oct 30, 2017 to shareholders as of Oct 1, 2017.

$BAC {{ '2017-09-18T14:42:51+0000' | timeago}} • Announcement

$BAC authorized a regular semi-annual cash dividend of $32.50 per depositary share on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z. The dividend is payable on Oct 23, 2017 to shareholders as of Oct 1, 2017.

$BAC {{ '2017-09-18T14:41:40+0000' | timeago}} • Announcement

$BAC authorized a regular quarterly cash dividend of $0.40625 per depositary share on the 6.50% Non-Cumulative Preferred Stock, Series Y. The dividend is payable on Oct 27, 2017 to shareholders as of Oct 1, 2017.

$BAC {{ '2017-09-18T14:39:22+0000' | timeago}} • Announcement

$BAC authorized a regular quarterly cash dividend of $18.125 per share on the 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on Oct 30, 2017 to shareholders as of Oct 1, 2017.

$PYPL {{ '2017-07-26T22:38:44+0000' | timeago}} • Announcement

$PYPL announced a partnership with $BAC which will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal. Bank of America cards will be tokenized for customers wishing to use PayPal for in-store purchases, across MasterCard and Visa portfolios in the US.

$BAC {{ '2017-07-26T15:49:41+0000' | timeago}} • Announcement

$BAC declared a regular quarterly cash dividend on its common stock of $0.12 per share, payable Sept 29, to shareholders as of Sept 1. $BAC also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, which is payable Oct 25 to shareholders as of Oct 11.

$BAC {{ '2017-07-18T18:18:01+0000' | timeago}} • Webcast

$BAC said it does not consider M&A as a capital strategy. It said the company has been grown organically by investing in cash major capabilities and hence, it does not want to be distracted by acquisitions.

$BAC {{ '2017-07-18T17:11:25+0000' | timeago}} • Webcast

$BAC said total loans in 2Q17 were up 2% YoY, adding that sale of UK card lowered average loan by 2.9Bil. Loan growth was reduced by continued run-off consumer real estate loans during the quarter. However, loans in the business segment were up $39Bil or 5%, led by consumer banking. $BAC continues to see good growth in residential mortgages.

$BAC {{ '2017-07-18T13:11:59+0000' | timeago}} • Infographic

$BAC Bank of America Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$BAC {{ '2017-07-18T12:24:18+0000' | timeago}} • Announcement

Revenue increased 9% to $8.5Bil in $BAC's Consumer Banking segment in 2Q17. Meanwhile, revenue rose 6% to $4.7Bil in Global Wealth and Investment Management, and 7% to a record $5Bil in Global Banking. Global Markets was a dark spot, with a revenue decline of 8% to $3.9Bil, driven by lower sales and trading results.

$BAC {{ '2017-07-18T12:12:51+0000' | timeago}} • Announcement

$BAC, the second-largest US lender by assets, said its sales and trading revenue was $3.2Bil in 2Q17, including negative net debit valuation adjustment of $159MM. Excluding net DVA, sales and trading revenue was down 9%YoY. Meanwhile, fixed income trading unit showed a decline of 14% during the quarter.

$BAC {{ '2017-07-18T12:03:28+0000' | timeago}} • Announcement

Despite a fall in trading, banking major $BAC reported higher revenue and net income in 2Q17, helped by growth in its largest unit - Consumer Banking. Total revenue grew 7% to $22.8Bil, while net income increased 10% to $4.9Bil, or $0.46 per share. Meanwhile, net interest income rose 9% to $11Bil, reflecting benefits from higher interest rates.

$BAC {{ '2017-06-29T13:13:13+0000' | timeago}} • Announcement

$BAC received no objection from the Federal Reserve for its capital plan. The plan includes its intention to lift quarterly dividend by 60% to $0.12 per share, beginning in 3Q17, and its authorization to repurchase of $12Bil of common stock from July 1, 2017 through June 30, 2018.

$BAC {{ '2017-06-16T15:02:25+0000' | timeago}} • Announcement

$BAC's BoD authorized a regular quarterly cash dividend of $18.125 per Series L 7.25% Non-Cumulative Perpetual Convertible Preferred share. The BoD also authorized regular quarterly cash dividend of $0.3875 per Series CC 6.20% Non-Cumulative Preferred share. The dividends are payable on July 31 to shareholders of record as of July 1.

$WFC {{ '2017-06-13T21:31:11+0000' | timeago}} • Announcement

$WFC said Andrew Rowe has been selected as head of its Community Banking Customer Segments team, to join Wells Fargo in September. Rowe will join Wells Fargo from $BAC, where he most recently served as Consumer Risk Executive for consumer products and channels.

$BAC {{ '2017-05-31T13:26:37+0000' | timeago}} • Announcement

$BAC expects to complete sale of its consumer credit card business in U.K., MBNA Ltd., to Lloyds Banking Group on June 1, ahead of schedule. Upon closing, $BAC expects to record a minimal after-tax gain associated with the sale. The transaction does not impact its global commercial card business, which is part of Global Transaction Services.

$CATM {{ '2017-05-02T15:06:33+0000' | timeago}} • Announcement

$CATM said Dan Antilley has been named its Chief Information Security Officer. Antilley will join Cardtronics, effective May 30, from $BAC, where he served as SVP, Global Information Security Operations Executive.

$BAC {{ '2017-04-26T18:15:29+0000' | timeago}} • Announcement

$BAC declared a regular quarterly cash dividend on common stock of $0.075 per share, payable June 30, to shareholders of record as of June 2. The board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Series B preferred stock, payable July 25 to shareholders of record as of July 11.

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