Bank of America Corporation announced plans on September 24 to hire 1,000 additional apprentices over the next two years alongside a $150 million, five-year commitment to workforce development organizations across the U.S. The $150 million pledge expands upon $40 million invested in 2025 and builds on more than 800 annual apprenticeship hires and prior programs targeting 10,000 military veterans and 8,000 community college graduates. The bank said the investment aims to strengthen talent pipelines in key operating divisions while bolstering local economies. The move comes as Bank of America reported second-quarter net income of $9.1 billion, or $1.21 per share, up 27% from a year earlier, on net revenue of $31.6 billion, up 15%, with positive operating leverage of 6.6%. Noninterest expenses rose 8% year over year to $18.6 billion in the quarter, and the provision for credit losses remained elevated at $1.4 billion.
Bank of America CorpBank of America commits $150M over five years and plans to hire 1,000 apprentices, alongside reported Q2 net income up 27% to $9.1B.
