Bank of America Files 8-K on Financial Condition

Ticker: BACRP · Form: 8-K · Filed: Apr 16, 2024 · CIK: 70858

Bank Of America CORP /De/ 8-K Filing Summary
FieldDetail
CompanyBank Of America CORP /De/ (BACRP)
Form Type8-K
Filed DateApr 16, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$0.01, $6.7 b, $0.76
Sentimentneutral

Sentiment: neutral

Topics: financial-condition, stock-structure, disclosure

Related Tickers: BAC

TL;DR

BAC filed an 8-K detailing its stock structure, including preferred series E, G, H, L, 1, 2, 4, 5.

AI Summary

Bank of America Corp. (BAC) filed an 8-K on April 16, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to various preferred stock series, including Series E, G, H, L, 1, 2, 4, and 5, as well as common stock. No specific dollar amounts or new operational details were provided in this particular filing.

Why It Matters

This filing provides an update on Bank of America's financial structure, including details on its various classes of preferred and common stock, which is important for investors and analysts tracking the company's capital composition.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial condition and stock information, not indicating any immediate operational or financial distress.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by Bank of America?

The primary purpose of this 8-K filing is to report on Bank of America's results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements and exhibits.

On what date was this 8-K filing submitted?

This 8-K filing was submitted on April 16, 2024.

What types of stock are specifically mentioned in the filing data?

The filing data specifically mentions common stock and preferred stock series E, G, H, L, 1, 2, 4, and 5.

What is Bank of America's Standard Industrial Classification (SIC) code?

Bank of America's SIC code is 6021, which corresponds to National Commercial Banks.

Where is Bank of America's corporate headquarters located?

Bank of America's corporate headquarters is located at 100 N Tryon St, Charlotte, NC 28255.

Filing Stats: 1,177 words · 5 min read · ~4 pages · Grade level 11.5 · Accepted 2024-04-16 06:45:39

Key Financial Figures

Filing Documents

02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On April 16, 2024 , Bank of America Corporation (the "Corporation") announced financial results for the first quarter ended March 31, 2024, reporting first quarter net income of $6.7 billion, or $0.76 per diluted share. A copy of the press release announcing the Corporation's results for the first quarter ended March 31, 2024 (the "Press Release") is attached hereto as Exhibit 99.1 and is incorporated by reference in this Item 2.02. The Press Release is available on the Corporation's website. The information provided in Item 2.02 of this report, including Exhibit 99.1, shall be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

01. REGULATION FD DISCLOSURE

ITEM 7.01. REGULATION FD DISCLOSURE. On April 16, 2024 , the Corporation will hold an investor conference call and webcast to discuss financial results for the first quarter ended March 31, 2024, including the Press Release and other matters relating to the Corporation. The Corporation has also made available on its website presentation materials containing certain historical and forward-looking information relating to the Corporation (the "Presentation Materials") and materials that contain additional information about the Corporation's financial results for the first quarter ended March 31, 2024 (the "Supplemental Information"). The Presentation Materials and the Supplemental Information are furnished herewith as Exhibit 99.2 and Exhibit 99.3, respectively, and are incorporated by reference in this Item 7.01. All information in Exhibits 99.2 and 99.3 is presented as of the particular date or dates referenced therein, and the Corporation does not undertake any obligation to, and disclaims any duty to, update any of the information provided. The information provided in Item 7.01 of this report, including Exhibits 99.2 and 99.3, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall the information or Exhibits 99.2 or 99.3 be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended.

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit 99.1 is filed herewith. Exhibits 99.2 and 99.3 are furnished herewith. EXHIBIT NO. DESCRIPTION OF EXHIBIT 99.1 The Press Release 99.2 The Presentation Materials 99.3 The Supplemental Information 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANK OF AMERICA CORPORATION By: /s/ Rudolf A. Bless Rudolf A. Bless Chief Accounting Officer Dated: April 16, 2024

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