BANK OF AMERICA CORP /DE/'s BAC-P-M is an exchange-traded preferred stock in the Banks sector. At a recent price of $20.94, BAC-P-M yields 6.42% on its $25 liquidation preference and 5.375% coupon. It trades at a discount of 16.2% to par. The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2024-06-25. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.