Bank of America Files 8-K on Financials, Preferred Stock

Ticker: BACRP · Form: 8-K · Filed: Jan 16, 2025 · CIK: 70858

Bank Of America CORP /De/ 8-K Filing Summary
FieldDetail
CompanyBank Of America CORP /De/ (BACRP)
Form Type8-K
Filed DateJan 16, 2025
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$0.01, $6.7 b, $0.82, $27.1 b, $3.21
Sentimentneutral

Sentiment: neutral

Topics: financial-condition, preferred-stock, disclosure

Related Tickers: BAC

TL;DR

BAC filed an 8-K detailing its financial condition and preferred stock series as of Jan 16, 2025.

AI Summary

On January 16, 2025, Bank of America Corp. (BAC) filed an 8-K, 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, all as of January 16, 2025.

Why It Matters

This filing provides an update on Bank of America's financial condition and details related to its various preferred stock issuances, which can impact investor understanding of the company's capital structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial information and does not appear to contain any unexpected or negative news.

Key Players & Entities

FAQ

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

The primary purpose is to report on the company's results of operations and financial condition, as well as to provide Regulation FD disclosures and financial statements and exhibits.

What specific financial instruments are detailed in the filing?

The filing details common stock and various series of preferred stock, including Series E, Series GG, Series HH, Series L, Series 1, Series 2, Series 4, and Series 5 Preferred Stock.

On what date was this 8-K filing submitted?

The filing was submitted on January 16, 2025.

Where is Bank of America's principal executive office located?

Bank of America's principal executive office is located at 100 N TRYON ST, CHARLOTTE, NC 28255.

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.

Filing Stats: 1,199 words · 5 min read · ~4 pages · Grade level 11.5 · Accepted 2025-01-16 06:44:40

Key Financial Figures

Filing Documents

02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On January 16, 2025 , Bank of America Corporation (the "Corporation") announced financial results for the fourth quarter and year ended December 31, 2024, reporting fourth quarter net income of $6.7 billion, or $0.82 per diluted share, and net income for the year of $27.1 billion, or $3.21 per diluted share. A copy of the press release announcing the Corporation's results for the fourth quarter and year ended December 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 January 16, 2025 , the Corporation will hold an investor conference call and webcast to discuss financial results for the fourth quarter and year ended December 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 fourth quarter and year ended December 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: January 16, 2025

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