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BAC'L

Bank of America Corp · Series L · Banking & Savings
Also quoted as: BAC-L, BACprL, BAC.PRL, BAC-PL, BACpL
$1266.29
last price · 2026-09-14

About this security

BAC'L is a 7.25% non-cumulative convertible perpetual preferred stock issued by Bank of America Corp, grouped under Banking & Savings. $1000 liquidation preference, current yield 5.73%.

Bank of America Corp: Bank of America Corporation is a Delaware-incorporated bank holding company and financial holding company headquartered in Charlotte, North Carolina. Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments with a full range of banking, investing, asset management and other financial and risk management products and services. It operates in the banking sector and ranks among the largest U.S. banks by assets, with a diversified business spanning consumer banking, wealth management, and corporate and investment banking. Company website

All Bank of America Corp securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 18:56:51 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
5.73%
Annual Dividend
$72.5000
Recent Market Price
$1266.29
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
n/a (converts to common)
Recent Ex-Date
2026-07-01
Pay Frequency
quarterly
Cumulative
No
Original Coupon
7.250%
Call Date
Yield to Call
n/a (not callable)
Yield to Worst
n/a (convertible preferred)
Liq. Preference
$1000.00
Maturity
Perpetual
Redeemable
No
Convertible
Yes
Conversion Price
$50.00
Conversion Ratio
20.0000
Shares Offered (original)
6,000,000
Issued
2008-01-29
Series
L
Alt. Symbology
BAC-L, BACprL, BAC.PRL, BAC-PL, BACpL

vs. Banking & Savings (96 issues with a current yield): yield 5.73% vs avg 6.94% · discount +26.6% vs avg -15.5%

Quote

 BAC'L (preferred)BAC (common)
As of 2026-09-14 2026-09-14
Last $1266.29 $59.47
Change -30.95 (-2.39%) -3.22 (-5.14%)
Open$1287.40$62.34
High / Low $1293.99 / $1262.95 $62.44 / $58.92
Prev Close$1297.24$62.69
Volume10,14964,773,953
52-Week High / Low $1313.20 / $1171.88 $65.22 / $46.12

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

BAC'L BAC (common)

Dividend History

Ex-DateAmount / Share
2026-07-01$18.125000
2026-04-01$18.125000
2025-12-31$18.125000
2025-10-01$18.125000
2025-07-01$18.125000
2025-04-01$18.125000
2024-12-31$18.125000
2024-10-01$18.125000
2024-07-01$18.125000
2024-03-28$18.125000
2023-12-28$18.125000
2023-09-28$18.125000

Performance: $10K Calculator

See what an investment in BAC'L would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for BAC'L →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

Other Securities from Bank of America Corp

SymbolTypeCouponPriceYield
BAC'B preferred 6.000% 23.33 6.43%
BAC'E preferred 4.000% 18.44 6.62%
BAC'K preferred 5.875% 22.85 6.43%
BAC'M preferred 5.375% 19.73 6.81%
BAC'N preferred 5.000% 18.40 6.79%
BAC'O preferred 4.375% 16.23 6.74%
BAC'P preferred 4.125% 15.50 6.65%
BAC'Q preferred 4.250% 15.72 6.76%
BAC'S preferred 4.750% 17.56 6.76%

News: Bank of America Corp

Issuer news via Tiingo, filtered to stories about BAC.

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