Based in Charlotte, North Carolina, Bank of America Corporation (BAC) is a prominent financial institution known for delivering a broad spectrum of services, including banking, investing, and asset management. Its operations span across numerous countries, supporting individual, corporate, and governmental clients with tailored financial solutions. The company integrates advanced technology to enhance service efficiency and customer experience. With a market capitalization of $379.22 billion, the company ...

Accessibility StatementSkip Navigation The grants will provide funding for the Tampa Museum of Art's expansion and Tampa Theatre's restoration, furthering the bank's commitment to supporting the arts TAMPA, Fla., Nov. 24, 2025 /PRNewswire/ -- Bank of America today announced a half-million-dollar investment in two of Tampa Bay's leading arts institutions, Tampa Museum of Art and Tampa Theatre. Each organization will receive a $250,000 grant, bringing the Tampa Museum of Art's expansion funding closer to comp ...

Core Insights - Bank of America has entered a multi-year partnership with Great Ethiopian Run, starting in 2026, to enhance the global profile of the flagship race and expand access to running opportunities for children [1][2][3] - The partnership aims to significantly increase participation in the Great Ethiopian Run International 10km event, with the upcoming 25th anniversary race expected to attract around 50,000 participants [2][3] - The collaboration will leverage Bank of America's global resources to modernize race operations and enhance the runner experience, ensuring the long-term sustainability of the event [6][4] Partnership Goals - The partnership focuses on promoting three major running events: the Great Ethiopian Run International 10km, Children's Races, and the Women First 5km starting in 2027 [1][2] - A central goal is to broaden access to running for children and young people, fostering local talent and promoting a healthy lifestyle [2][3] Economic Impact - Great Ethiopian Run contributes significantly to Addis Ababa's tourism and infrastructure, attracting thousands of international visitors and stimulating local businesses [3][4] - The partnership is expected to create jobs, boost local enterprises, and provide economic advantages for communities in and around Addis Ababa [3][4] Bank of America's Commitment - Bank of America aims to support communities through sport, aligning with its broader business strategy across EMEA and Sub-Saharan Africa [5][6] - The bank's involvement in endurance sports includes sponsorship of major events like the Boston and Chicago Marathons, which generate substantial economic impact and charitable contributions [4][7] Organizational Background - Great Ethiopian Run is Ethiopia's premier event management company, having organized over 200 races since its inception in 2001, focusing on mass-participation events [8] - Bank of America is a leading financial institution with a global presence, serving a wide range of clients and offering various financial products and services [9]

Core Insights - SoFi Technologies is transforming the fintech sector by offering a comprehensive digital platform that combines banking, lending, investing, and insurance services [1] Company Overview - SoFi Technologies operates a unified digital platform that integrates multiple financial services, positioning itself as a key player in the fintech industry [1]

Core Insights - Bank of America has announced a $250 million commitment over the next five years to support families and individuals facing food insecurity and other basic needs across the U.S. [1] - The company will provide $5 million immediately to nearly 100 nonprofit organizations addressing urgent food needs [1][2] - Bank of America employees plan to volunteer over 100,000 hours by the end of the year to assist organizations focused on hunger relief [2] Company Overview - Bank of America is a leading financial institution serving individual consumers, small and middle-market businesses, and large corporations with a comprehensive range of financial products and services [3] - The company serves nearly 70 million clients in the U.S. through approximately 3,600 retail financial centers and around 15,000 ATMs [3] - Bank of America is a global leader in wealth management, corporate and investment banking, and trading across various asset classes [3]

Group 1 - SoFi Technologies, Inc. is a digital bank that has experienced significant stock price appreciation, raising concerns about potential profit-taking [1][2] - The company provides a range of digital financial services, including lending, banking, investing, and insurance, and operates technology platforms like Galileo and Technisys [2] - Recent stock performance is attributed to strong financial results, with the company consistently outperforming market estimates [2] Group 2 - Despite the positive outlook for SoFi, there are suggestions that certain AI stocks may present better investment opportunities with higher upside potential and lower downside risk [3]

Core Points - Bank of America Corporation declared a quarterly cash dividend of $0.28 per share on common stock, payable on December 26, 2025, to shareholders of record as of December 5, 2025 [1] - The Board also declared a quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B, payable on January 23, 2026, to shareholders of record as of January 9, 2026 [2] Company Overview - Bank of America is a leading financial institution providing a full range of banking, investing, asset management, and risk management products and services to individual consumers, small and middle-market businesses, and large corporations [3] - The company serves nearly 70 million consumer and small business clients in the U.S. through approximately 3,600 retail financial centers and around 15,000 ATMs, with about 59 million verified digital users [3] - Bank of America is a global leader in wealth management, corporate and investment banking, and trading across various asset classes, serving clients worldwide [3]

Core Insights - Maria Serravalle has been appointed as the Community Relations Manager for Bank of America in Detroit, succeeding Dwanette Williams [1] - Serravalle has extensive experience in affordable lending, financial education, and community investment, focusing on economic mobility in low-to-moderate income communities [1][2] - Bank of America serves nearly 70 million consumer and small business clients in the U.S. and operates approximately 3,600 retail financial centers and 15,000 ATMs [4] Group 1 - Serravalle has been with Bank of America since 2008 and has held several leadership positions [1] - She has contributed to financial literacy and sustainable home ownership through the Bank's Community Homeownership Commitment programs [1] - Serravalle is actively involved in community service, including roles with Habitat for Humanity Detroit and HOLA [2] Group 2 - Bank of America is a leading financial institution offering a full range of banking, investing, and asset management services [4] - The company is a global leader in wealth management and corporate investment banking, serving clients in over 35 countries [4] - Bank of America Corporation stock is listed on the New York Stock Exchange under the ticker symbol BAC [4]

Core Viewpoint - Bank of America reported its third quarter 2025 financial results, with details available on its Investor Relations website and the U.S. Securities and Exchange Commission's site [1][6]. Financial Results Announcement - The financial results were announced on October 15, 2025, and an investor conference call was scheduled for the same day at 8:30 a.m. ET [2][6]. - The conference call can be accessed via a dedicated phone line, with a specific conference ID provided for participants [2]. Company Overview - Bank of America is a leading global financial institution, serving nearly 70 million consumer and small business clients through approximately 3,600 retail financial centers and around 15,000 ATMs [3]. - The company boasts approximately 59 million verified digital users, highlighting its strong digital banking presence [3]. - It is recognized as a global leader in wealth management, corporate and investment banking, and trading across various asset classes [3]. - Bank of America supports around 4 million small business households with innovative online products and services [3].

Core Insights - Bank of America Corporation (NYSE:BAC) is recognized as a recession-proof stock by Jim Cramer, who advises investors not to wait to buy [1] - The company participated in a $136 million funding round for fintech firm Fnality, indicating strong institutional support and engagement in digital cash transactions [2] - As of October 3, 2025, Bank of America's stock price is $50.64, reflecting a 1.16% increase over the month [2] - Institutional confidence is significant, with 115 hedge funds invested in Bank of America as of Q2 2025 [3] - The company is a leading American multinational investment bank and financial services holding company, offering a comprehensive range of financial products and services [4]