10-KPeriod: FY1999

BANK OF AMERICA CORP /DE/ Annual Report, Year Ended Dec 31, 1999

Filed March 20, 2000For Securities:BACBAC-PBBAC-PKBAC-PLBAC-PMBAC-PNBAC-PSBML-PJBAC-PEBAC-PPBAC-PQBACRPBML-PGBML-PHBML-PLBAC-POMER-PK

Summary

Bank of America Corporation's 1999 10-K filing provides a snapshot of the company at the turn of the millennium. While specific financial figures and operational details are not present in the provided excerpt, the filing indicates the company's position as a significant financial institution. Investors would look to this report for confirmation of its scale, potential growth areas, and adherence to regulatory standards. The nature of a 10-K filing means it is a comprehensive review of the company's business, financial condition, and results of operations for the fiscal year ended December 30, 1999. As a major bank, Bank of America's performance is tied to broader economic trends, interest rate environments, and its ability to manage risk across various business segments, including lending, investment banking, and wealth management. Investors examining this filing would be seeking assurance regarding the company's stability, profitability drivers, and strategic direction heading into a new century, particularly in light of the dynamic financial services landscape of the late 1990s.

Key Highlights

  • 1The filing covers the fiscal year ending December 30, 1999, providing year-end financial and operational data for Bank of America Corporation.
  • 2As a 10-K filing, it represents a comprehensive annual review of the company's business, financial condition, and results of operations.
  • 3The report is filed by BANK OF AMERICA CORP /DE/, indicating its corporate structure and jurisdiction.
  • 4The filing date of March 20, 2000, provides context for the economic and market conditions prevalent at the time.
  • 5While detailed financials are not provided in the excerpt, the filing serves as a foundational document for understanding the company's performance and strategic posture in 1999.
  • 6Investors can use this report to assess the company's scale and regulatory compliance within the financial services industry.

Frequently Asked Questions

The primary purpose of this 10-K filing is to provide a comprehensive annual report of Bank of America Corporation's business, financial condition, and results of operations for the fiscal year ended December 30, 1999, to the Securities and Exchange Commission (SEC) and its investors.

Investors would typically look for key financial performance indicators such as total revenue, net income, earnings per share (EPS), total assets, total liabilities, shareholder equity, and any segment-specific financial data to assess profitability, growth, and financial health.

The filing in March 2000 covers the 1999 fiscal year, which was a period of significant economic expansion in the U.S. following the dot-com boom, but also a time of consolidation and evolving technology in the financial services sector. Investors would consider this context when evaluating the company's performance and strategic decisions.

'BANK OF AMERICA CORP /DE/' indicates that Bank of America Corporation is incorporated in Delaware ('DE'), a common state for corporate incorporations due to its favorable business laws.