BAC-P-S: BANK OF AMERICA CORP /DE/ 4.75% Series SS Preferred Stock
BANK OF AMERICA CORP /DE/'s BAC-P-S is an exchange-traded preferred stock in the Banks sector.
At a recent price of $18.46, BAC-P-S yields 6.43% on its $25 liquidation preference and 4.75% coupon.
It trades at a discount of 26.2% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2027-02-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.