BAC's Liquidity Cushion: A Green Light for Solid Capital Return Plans?

Bank of America BAC enjoys a strong liquidity position. As of June 30, 2025, cash and cash equivalents were $266 billion. As of the same date, total debt was $760.8 billion. Out of this, only $47.9 billion were near-term borrowings. Additionally, BAC maintains investment-grade long-term credit ratings of A1, A-...