BofA to acquire information security consultancy MDSec
MDSec, with 65 cybersecurity professionals, will join BofA's cyber threat operations and close in Q4 2026.
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Multinational bank and financial services company
bankofamerica.comLast updated
In short: BofA reported strong Q2 2026 earnings driven by a resurgence in trading and dealmaking, while acquiring cybersecurity firm MDSec.
MDSec, with 65 cybersecurity professionals, will join BofA's cyber threat operations and close in Q4 2026.
The Board declared a quarterly dividend of $0.32 per share, payable September 25, 2026.
The extension reinforces commitment to Charlotte and Carolinas, with $1.3B stadium renovation.
The board authorized regular cash dividends on multiple series with specified record and payment dates.
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