SEC Filings
Bank Of America Prices $2 Billion Of 7.200% Preferred Stock, With Its Own Affiliate Running The Deal
The Series WW preferred carries a 7.200% fixed rate through October 27, 2031, then resets to a Treasury-linked formula.
Bank of America (BAC) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
The Series WW preferred carries a 7.200% fixed rate through October 27, 2031, then resets to a Treasury-linked formula.
Earnings
Bank of America's CEO said a $1.2 billion regulatory settlement charge is behind the bank, as analysts questioned whether more costs could follow.
Earnings
Adjusted earnings were $1.08 per share without the charge, as revenue rose 3% and average loans rose 6%.