8-KOther Events

BANK OF AMERICA CORP /DE/ 8-K Report (Nov 28, 2001)

Filed November 28, 2001For Securities:BACBAC-PBBAC-PKBAC-PLBAC-PMBAC-PNBAC-PSBML-PJBAC-PEBAC-PPBAC-PQBACRPBML-PGBML-PHBML-PLBAC-POMER-PK

Summary

This 8-K filing from Bank of America Corporation (BAC) on November 28, 2001, primarily announces the company's long-term financial objectives presented at an investor conference. The key takeaway for investors is Bank of America's commitment to achieving more than 10 percent annual Earnings Per Share (EPS) growth over the long term. This forward-looking statement signals management's confidence in future profitability and strategic execution. The report also includes the press release and script from this investor conference, offering further details on the company's strategic goals and financial targets. Investors should review these provided exhibits for a deeper understanding of the initiatives Bank of America plans to undertake to meet its growth aspirations. The filing emphasizes that this information is current as of the reporting date and does not include an obligation to update.

Key Highlights

  • 1Bank of America sets a long-term growth target of more than 10 percent annual EPS growth.
  • 2The company held an investor conference and webcast on November 28, 2001, to discuss strategic and financial goals.
  • 3Key financial and strategic goals were presented by Vice Chairman and Chief Financial Officer James H. Hance, Jr.
  • 4The filing includes a press release (Exhibit 99.1) detailing the EPS growth objective.
  • 5A script from the CFO's presentation (Exhibit 99.2) is provided for detailed insights into the company's strategy.
  • 6A press release announcing the investor conference (Exhibit 99.3) is also included.

Frequently Asked Questions

The primary long-term financial goal announced by Bank of America is to achieve more than 10 percent annual growth in Earnings Per Share (EPS).

This 8-K filing includes three exhibits: a press release dated November 28, 2001, announcing the EPS growth goal (Exhibit 99.1); a script from the Vice Chairman and CFO's investor conference presentation (Exhibit 99.2); and a press release dated November 16, 2001, announcing the investor conference (Exhibit 99.3).

More detailed information can be found in the furnished exhibits, specifically the press release dated November 28, 2001 (Exhibit 99.1) and the script prepared for the investor conference presentation by the Vice Chairman and CFO (Exhibit 99.2).

No, the filing explicitly states that the information is presented as of November 28, 2001, and the Registrant does not assume any obligation to update said information in the future.