Bank of America stock price edges up after hours as traders line up a Fed week and bank earnings
Bank of America shares rose 0.7% to $52.97 in after-hours trading Friday after the bank announced preferred stock dividend payments. Earlier, the stock fell 3% despite reporting $7.6 billion in earnings and record net interest income. The board approved cash dividends on multiple preferred series, payable in February and March. Investors await the Fed’s Jan. 27-28 meeting and more bank earnings next week.