Summary
This 8-K filing from Bank of America Corporation (BAC) reports on their fourth quarter and full-year 2002 financial results, announced on January 15, 2003. The company posted a net income of $2.61 billion for the fourth quarter, translating to $1.69 in diluted earnings per common share. This filing also includes related press releases, supplemental information, and a script from the CFO, James H. Hance, Jr., detailing these results and outlining the company's financial and strategic objectives for Fiscal Year 2003.
Key Highlights
- 1Bank of America announced Q4 2002 net income of $2.61 billion.
- 2Diluted earnings per common share for Q4 2002 were $1.69.
- 3The report includes financial results for the full year ended December 31, 2002.
- 4A press release detailing the Q4 and full-year results is attached as Exhibit 99.1.
- 5Supplemental information and a CFO script discussing results and 2003 goals are also provided as exhibits.
- 6The company held an investor conference and webcast to discuss these financial results and future strategy.
Frequently Asked Questions
Bank of America reported a net income of $2.61 billion and diluted earnings per common share of $1.69 for the fourth quarter ended December 31, 2002.
This filing includes the press release announcing the financial results for the fourth quarter and full year 2002, supplemental information for investors, and a script from the Vice Chairman and CFO discussing these results and the company's outlook for Fiscal Year 2003.
Yes, the filing indicates that an investor conference and webcast were held to discuss financial and strategic goals for Fiscal Year 2003, with the script from the CFO specifically addressing these future objectives.