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Bank of America Announces Dividend Correction on Floating Rate Non-Cumulative Preferred Stock, Series 1

August 7, 2018

CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug 7, 2018--Bank of America Corporation today announced a corrected dividend amount on the Floating Rate Non-Cumulative Preferred Stock, Series 1, originally announced on July 5, 2018. The regular quarterly cash dividend is $0.1918363 per depositary share and is payable on August 28, 2018 to shareholders of record as of August 15, 2018.

Bank of America Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,400 retail financial centers, including more than 1,700 lending centers, more than 1,900 Merrill Edge investment centers and more than 1,300 business centers; approximately 16,100 ATMs; and award-winning digital banking with approximately 36 million active users, including 25 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom. Click here to register for news email alerts.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005983/en/

CONTACT: Investors May Contact:

Lee McEntire, Bank of America, 1.980.388.6780

Jonathan G. Blum, Bank of America (Fixed Income), 1.212.449.3112

Reporters May Contact:

Lawrence Grayson, Bank of America, 1.704.995.5825

lawrence.grayson@bankofamerica.com

KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE OTHER PROFESSIONAL SERVICES

SOURCE: Bank of America

Copyright Business Wire 2018.

PUB: 08/07/2018 05:48 PM/DISC: 08/07/2018 05:48 PM

http://www.businesswire.com/news/home/20180807005983/en

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