◆ Preferred Stock Research

ⓘ Guide

BAC-P-P NOW TRADING POST CALL DATE

BANK OF AMERICA CORP /DE/ · Series P · Banks
Also quoted as: BAC-P, BACprP, BAC.PRP, BAC-PP, BACpP
$16.74
last price

About this security

BAC-P-P is a 4.125% non-cumulative perpetual preferred stock issued by BANK OF AMERICA CORP /DE/, a Banks issuer. $25 liquidation preference, current yield 6.16%, callable from 2026-02-02.

BANK OF AMERICA CORP /DE/: Bank of America Corporation is a Delaware-incorporated bank holding company and financial holding company headquartered in Charlotte, North Carolina. Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments with a full range of banking, investing, asset management and other financial and risk management products and services. It operates in the banking sector and ranks among the largest U.S. banks by assets, with a diversified business spanning consumer banking, wealth management, and corporate and investment banking.

Issuer page — all BANK OF AMERICA CORP /DE/ securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below consistency checks passed — not source-verified

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Current Yield
6.16%
Annual Dividend
$1.0312
Recent Market Price
$16.74
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-04-15
Pay Frequency
quarterly
Cumulative
No
Original Coupon
4.125%
Call Date
2026-02-02 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
6.16%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
February 2, May 2, August 2, and November 2
Shares Offered (original)
36,600,000
Issued
2021-01-25
Series
P
Alt. Symbology
BAC-P, BACprP, BAC.PRP, BAC-PP, BACpP

vs. Banks category (74 issues): yield 6.16% vs avg 6.69% · discount -33.0% vs avg -13.3%

Quote

 BAC-P-P (preferred)BAC (common)
Last $16.74 $56.02
Change +0.86 (+1.56%)
Open$16.64$55.36
High / Low $16.75 / $16.61 $56.19 / $55.26
Prev Close$55.16
Volume55,71732,989,015
52-Week High / Low $18.19 / $16.18 $57.55 / $43.36

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

BAC-P-P BAC (common)

Dividend History

Ex-DateAmount / Share
2026-04-15$0.257812
2026-01-15$0.257812
2025-10-15$0.257812
2025-07-15$0.257812
2025-04-15$0.257812
2025-01-15$0.257812
2024-10-15$0.257812
2024-07-15$0.257812
2024-04-12$0.257812
2024-01-11$0.257812
2023-10-12$0.257812
2023-07-13$0.257812

Performance — $10K Calculator

See what an investment in BAC-P-P would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for BAC-P-P →

Prospectus (SEC 424B5)

Bank of America Corporation is offering 36,600,000 depositary shares, each representing a 1/1,000th interest in a share of our perpetual 4.125% Non-Cumulative Preferred Stock, Series PP, $0.01 par value, with a liquidation preference of $25,000 per share (equivalent to $25 per depositary share).

Use of proceeds: Net proceeds will be used for general corporate purposes, including, but not limited to, the repurchase or redemption of outstanding preferred securities.

Full Prospectus (SEC filing) →

Other Securities from BANK OF AMERICA CORP /DE/

SymbolTypeCouponPriceYield
BAC-P-B preferred 6.000% 25.12 5.97%
BAC-P-E preferred 4.000% 18.75 6.57%
BAC-P-K preferred 5.875% 24.60 5.97%
BAC-P-L preferred 7.250% 1238.50 5.85%
BAC-P-M preferred 5.375% 21.38 6.29%
BAC-P-N preferred 5.000% 19.92 6.28%
BAC-P-O preferred 4.375% 17.56 6.23%
BAC-P-Q preferred 4.250% 17.04 6.24%
BAC-P-S preferred 4.750% 19.06 6.23%

News — BANK OF AMERICA CORP /DE/

Issuer news via Tiingo, tagged to BAC.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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