Bank of America Files 8-K on Financials
Ticker: BACRP · Form: 8-K · Filed: Oct 15, 2024 · CIK: 70858
| Field | Detail |
|---|---|
| Company | Bank Of America CORP /De/ (BACRP) |
| Form Type | 8-K |
| Filed Date | Oct 15, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $6.9 b, $0.81 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, disclosure, preferred-stock
Related Tickers: BAC
TL;DR
BAC filed an 8-K on 10/15/24 detailing financial condition and preferred stock series.
AI Summary
Bank of America Corp. (BAC) filed an 8-K on October 15, 2024, to report results of operations and financial condition, along with Regulation FD disclosures and financial statements. The filing details various preferred stock series, including Series E, G, H, L, 1, 2, 4, and 5, all with a reporting date of October 15, 2024. No specific dollar amounts or new operational results were detailed in the provided excerpt.
Why It Matters
This 8-K filing provides an update on Bank of America's financial condition and operational results, which is crucial for investors to assess the company's performance and stability.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not appear to contain any immediate negative news or significant changes.
Key Players & Entities
- BANK OF AMERICA CORP /DE/ (company) — Filer
- 0000070858-24-000266 (filing_id) — Accession Number
- 20241015 (date) — Filing Date
- CHARLOTTE (location) — City
- NC (state) — State
- 28255 (zip_code) — Business Address Zip
FAQ
What specific financial results are being reported in this 8-K filing?
The provided excerpt indicates the filing is for 'Results of Operations and Financial Condition' but does not detail specific financial figures or results.
What is the purpose of filing an 8-K on October 15, 2024?
The 8-K was filed to report on the company's results of operations and financial condition, as well as for Regulation FD disclosure and to include financial statements and exhibits.
Which preferred stock series are mentioned in the filing?
The filing mentions Series E, Series G, Series H, Series L, Series 1, Series 2, Series 4, and Series 5 preferred stock.
What is Bank of America's primary industry classification?
Bank of America's Standard Industrial Classification is 'NATIONAL COMMERCIAL BANKS [6021]'.
Where is Bank of America's corporate headquarters located?
Bank of America's corporate center is located at 100 N TRYON ST, CHARLOTTE, NC 28255.
Filing Stats: 1,177 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2024-10-15 06:46:39
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share BAC New York Stock Exchange
- $6.9 b — , reporting third quarter net income of $6.9 billion, or $0.81 per diluted share. A co
- $0.81 — quarter net income of $6.9 billion, or $0.81 per diluted share. A copy of the press
Filing Documents
- bac-20241015.htm (8-K) — 70KB
- bac09302024ex991.htm (EX-99.1) — 68KB
- bac09302024ex992.htm (EX-99.2) — 77KB
- bac-09302024ex993.htm (EX-99.3) — 3449KB
- bac09302024ex991001.jpg (GRAPHIC) — 309KB
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- 0000070858-24-000266.txt ( ) — 17050KB
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02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On October 15, 2024 , Bank of America Corporation (the "Corporation") announced financial results for the third quarter ended September 30, 2024, reporting third quarter net income of $6.9 billion, or $0.81 per diluted share. A copy of the press release announcing the Corporation's results for the third quarter ended September 30, 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 October 15, 2024 , the Corporation will hold an investor conference call and webcast to discuss financial results for the third quarter ended September 30, 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 third quarter ended September 30, 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: October 15, 2024