Bank of America’s board has approved regular cash dividends on 14 series of preferred stock, with record dates in January, February and March and payment dates ranging from February 17 to March 25, 2026. Series E will pay $0.28516 per depositary share on February 17 after a January 30 record date; Series F and G will each pay $1,096.20250 per share on March 16 following a February 27 record date; Series 1, 2 and 4 will each pay roughly $0.30 per depositary share on February 27 after a February 15 record date; Series 5 will pay $0.29581 on February 23; Series DD will pay $31.50 on March 10; Series FF will pay $29.375 on March 16; Series GG will pay $0.375 on February 17; Series KK will pay $0.3359375 on March 25; Series LL will pay $0.3125 on March 17; and Series QQ and SS will pay $0.265625 and $0.296875 respectively on February 17. All dividends are cash-paid, with quarterly payments for most series and semiannual payments for Series DD and FF.

In the fourth quarter, net income rose 12% year-over-year to $7.6 billion, driven by a 7% increase in total revenue to $28.4 billion and a 10% climb in net interest income to $15.9 billion on a fully taxable equivalent basis. Earnings per share increased 18% to $0.98, reflecting loan and deposit growth, disciplined expense management and share buybacks that reduced the diluted share count by roughly 4%. Expenses totaled $17.4 billion, delivering over 300 basis points of operating leverage. The balance sheet remained robust with $3.4 trillion in total assets, $1.17 trillion in average loans (up 8% year-over-year) and deposits rising nearly 3% on an average basis. The common equity tier 1 ratio held at 11.4%, well above regulatory requirements. The bank returned $8.4 billion of capital to shareholders in the quarter, including $6.3 billion in share repurchases. Management reaffirmed guidance for 5%–7% net interest income growth in 2026, about 200 basis points of operating leverage, and an effective tax rate of approximately 20%.