Bank of America Declares Fourth Quarter 2022 Preferred Stock Dividends

<br /> Bank of America Declares Fourth Quarter 2022 Preferred Stock Dividends<br />

PR Newswire

CHARLOTTE, N.C.

,

Sept. 15, 2022

/PRNewswire/ — Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:

Series of Preferred Stock	Dividend per Share or Depositary Share ¹	Record Date	Payment Date

7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L	$18.125	October 1	October 31

Fixed-to-Floating Rate Non- Cumulative Preferred Stock, Series Z	$32.500	October 1	October 24

5.875% Non-Cumulative Preferred Stock, Series HH	$0.3671875	October 1	October 24

4.375% Non-Cumulative Preferred Stock, Series NN	$0.2734375	October 15	November 3

4.125% Non-Cumulative Preferred Stock, Series PP	$0.2578125	October 15	November 2

4.375% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series RR	$10.9375000	October 1	October 27

6.125% Fixed-Rate Reset Non- Cumulative Preferred Stock, Series TT	$15.3125000	October 1	October 27

¹
Each series of preferred stock, other than Series L, is represented by depositary shares.

Dividend payments are made on a quarterly basis for each series of preferred stock, other than

Series Z, for which dividends are paid on a semi-annual basis.

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 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital 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 households 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 approximately 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

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Investors May Contact:

Lee McEntire

, Bank of America

Phone: 1.980.388.6780

[email protected]

Jonathan Blum

, Bank of America (Fixed Income)

Phone: 1.212.449.3112

[email protected]

Reporters May Contact:

Bill Halldin

, Bank of America

Phone: 1.916.724.0093

[email protected]

Christopher P. Feeney

, Bank of America

Phone: 1.980.386.6794

[email protected]

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