BANK OF AMERICA CORP /DE/'s BAC-P-P is an exchange-traded preferred stock in the Banks sector. At a recent price of $16.56, BAC-P-P yields 6.23% on its $25 liquidation preference and 4.125% coupon. It trades at a discount of 33.8% to par. The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2026-02-02. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.