Form: 8-K

Current report

September 15, 2025

0000070858false00000708582025-09-122025-09-120000070858us-gaap:CommonStockMember2025-09-122025-09-120000070858us-gaap:SeriesEPreferredStockMember2025-09-122025-09-120000070858bac:SeriesGGPreferredStockMember2025-09-122025-09-120000070858bac:SeriesHHPreferredStockMember2025-09-122025-09-120000070858bac:SeriesLPreferredStockMember2025-09-122025-09-120000070858bac:Series1PreferredStockMember2025-09-122025-09-120000070858bac:Series2PreferredStockMember2025-09-122025-09-120000070858bac:Series4PreferredStockMember2025-09-122025-09-120000070858bac:Series5PreferredStockMember2025-09-122025-09-120000070858bac:FloatingRatePreferredHybridIncomeTermSecuritiesMember2025-09-122025-09-120000070858bac:A5.63FixedtoFloatingRatePreferredHybridIncomeTermSecuritiesMember2025-09-122025-09-120000070858bac:IncomeCapitalObligationNotesMember2025-09-122025-09-120000070858bac:SeniorMediumTermNotesSeriesAStepUpCallableNotesMember2025-09-122025-09-120000070858bac:SeriesKKPreferredStockMember2025-09-122025-09-120000070858bac:SeriesLLPreferredStockMember2025-09-122025-09-120000070858bac:SeriesNNPreferredStockMember2025-09-122025-09-120000070858bac:SeriesPPPreferredStockMember2025-09-122025-09-120000070858bac:SeriesQQPreferredStockMember2025-09-122025-09-120000070858bac:DepositarySharesEachRepresentingA11000thInterestInAShareOf4750NonCumulativePreferredStockSeriesSSMember2025-09-122025-09-12

As filed with the Securities and Exchange Commission on September 15, 2025
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
September 12, 2025
BANK OF AMERICA CORPORATION
(Exact name of registrant as specified in its charter)
 
Delaware 1-6523 56-0906609
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)
100 North Tryon Street
Charlotte, North Carolina 28255
(Address of principal executive offices)
(704) 386-5681
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareBACNew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of Floating Rate Non-Cumulative Preferred Stock, Series EBAC PrENew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 6.000% Non-Cumulative Preferred Stock, Series GGBAC PrBNew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.875% Non-Cumulative Preferred Stock, Series HHBAC PrKNew York Stock Exchange
7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series LBAC PrLNew York Stock Exchange
Depositary Shares, each representing a 1/1,200th interest in a share of BML PrGNew York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 1
Depositary Shares, each representing a 1/1,200th interest in a share of BML PrHNew York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 2
Depositary Shares, each representing a 1/1,200th interest in a share of BML PrJNew York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 4
Depositary Shares, each representing a 1/1,200th interest in a share of BML PrLNew York Stock Exchange
Bank of America Corporation Floating Rate Non-Cumulative
Preferred Stock, Series 5
Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIII (and the guarantee related thereto)BAC/PFNew York Stock Exchange
5.63% Fixed to Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIV (and the guarantee related thereto)BAC/PGNew York Stock Exchange
Income Capital Obligation Notes initially due December 15, 2066 of Bank of America CorporationMER PrKNew York Stock Exchange
Senior Medium-Term Notes, Series A, Step Up Callable Notes, due BAC/31BNew York Stock Exchange
November 28, 2031 of BofA Finance LLC (and the guarantee of the
Registrant with respect thereto)
Depositary Shares, each representing a 1/1,000th interest in a share of 5.375% Non-Cumulative Preferred Stock, Series KKBAC PrMNew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Non-Cumulative Preferred Stock, Series LLBAC PrN
New York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.375% Non-Cumulative Preferred Stock, Series NNBAC PrONew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.125% Non-Cumulative Preferred Stock, Series PPBAC PrPNew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.250% Non-Cumulative Preferred Stock, Series QQBAC PrQNew York Stock Exchange
Depositary Shares, each representing a 1/1,000th interest in a share of 4.750% Non-Cumulative Preferred Stock, Series SSBAC PrSNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 12, 2025, Bank of America Corporation (the “Corporation”) appointed Dean C. Athanasia, President, Regional Banking, and James P. DeMare, President, Global Markets, as Co-Presidents of the Corporation, and Alastair M. Borthwick as Executive Vice President of the Corporation, in addition to his current role as Chief Financial Officer, effective immediately.

Mr. Athanasia (59) has served as the Corporation’s President, Regional Banking since October 2021, President, Retail and Preferred and Small Business Banking from January 2019 to October 2021, Co-Head - Consumer Banking from September 2014 to January 2019 and Preferred and Small Business Banking Executive from April 2011 to September 2014.

Mr. DeMare (56) has served as the Corporation’s President, Global Markets since September 2020 and Global Co-Head of FICC Trading and Commercial Real Estate Banking from February 2015 to September 2020.

Mr. Borthwick (57) has served as the Corporation’s Chief Financial Officer since November 2021 and President of Global Commercial Banking from October 2012 to October 2021.

A description of any material plan, contract or arrangement between the Corporation and Messrs. Athanasia, DeMare and Borthwick is set forth in the Corporation’s 2025 Proxy Statement filed with the U.S. Securities and Exchange Commission on March 10, 2025.





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
BANK OF AMERICA CORPORATION
By:/s/ Ross E. Jeffries, Jr.
 Ross E. Jeffries, Jr.
 Deputy General Counsel and Corporate Secretary

Dated: September 15, 2025