Bank of America declares USD 0.32 dividend for Bank of America stock

Published on 10/23/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A USD 0.32 dividend was declared on October 21, 2026. Bank of America stock costs EUR 45.61 on October 23, 2026.

Dividend and quarterly earnings

Bank of America declared a USD 0.32 dividend on October 21, 2026.
Third-quarter revenue reached USD 30.0 billion on September 30, 2026.
Bank of America stock traded at EUR 45.61 at 10:49 a.m. CEST on October 23, 2026.
TD Cowen cut its price target from USD 60.00 to USD 56.00 on October 15, 2026.

Fotorealistisches Hochhaus einer Großbank in Charlotte bei Sonnenuntergang — Bank of America Corp. Hauptquartier als modernes Glasgebäude bei goldenem Abendlicht, ISIN US0605051046, Illustration mit AI erstellt.

Bank of America (ISIN US0605051046) declared a USD 0.32 quarterly dividend on October 21, 2026, payable on December 24, 2026, according to Yahoo Finance. The stock was trading at EUR 45.61 at Lang & Schwarz on October 23, 2026 at 10:49 a.m. CEST.

Dividend follows a costly quarter

The dividend announcement came after Bank of America's third-quarter results on October 14, 2026. The bank reported USD 30.0 billion in revenue for the three months ended September 30, 2026, up 3 percent from the year-earlier quarter, while net income fell to USD 6.9 billion after a USD 1.2 billion regulatory settlement charge, according to Bank of America.

The underlying comparison was firmer. Adjusted net income reached USD 8.1 billion and adjusted earnings per share were USD 1.08, versus reported net income of USD 8.3 billion and earnings per share of USD 1.04 in the third quarter of 2025. Net interest income rose 8 percent year over year to USD 16.4 billion on a GAAP basis.

What does the target cut mean?

TD Cowen cut its Bank of America price target from USD 60.00 to USD 56.00 on October 15, 2026, while maintaining a Hold rating, as reported by MarketBeat. The reduction puts the focus on the gap between stronger net interest income and softer trading revenue. Global Markets revenue fell 6 percent year over year to USD 5.9 billion in the third quarter.

Three dates frame the dividend

The recent sequence is clear: Bank of America reported USD 30.0 billion of third-quarter revenue on October 14, 2026; TD Cowen lowered its target to USD 56.00 from USD 60.00 on October 15, 2026; and the board declared the USD 0.32 dividend on October 21, 2026.

Bank of America lists December 4, 2026 as the dividend record date and December 24, 2026 as the payment date. Its investor-relations calendar also names January 15, 2027 as the next quarterly earnings release, according to Bank of America.

Stock price and shareholder return

The dividend adds a defined cash-return date to the earnings picture, while the target reduction highlights pressure on capital-markets performance. Bank of America Corporation stock is listed on the New York Stock Exchange under the ticker BAC, as stated in the company's third-quarter release.

The stock was trading at EUR 45.61 at Lang & Schwarz on October 23, 2026 at 10:49 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Bank of America stock.