Summary
Bank of America Corporation (BAC) filed an 8-K on January 15, 2004, to announce its financial results for the fourth quarter and full year ended December 31, 2003. For the fourth quarter, the company reported earnings of $2.73 billion, translating to diluted earnings per common share of $1.83. For the full year, BAC achieved a net income of $10.8 billion and diluted earnings per common share of $7.13. This filing also indicates that the company held an investor conference and webcast on the same day to discuss these results and provide an outlook on financial and strategic goals for fiscal year 2004. The supplemental information and script from this event are attached as exhibits, offering further detail on the company's performance and future plans. Investors should note that this supplemental information is furnished and not deemed 'filed' for specific regulatory purposes.
Key Highlights
- 1Announced Q4 2003 earnings of $2.73 billion, or $1.83 per diluted share.
- 2Reported full-year 2003 net income of $10.8 billion, or $7.13 per diluted share.
- 3Filed supplemental investor materials and a CFO's script detailing 2003 results and 2004 strategic goals.
- 4Held an investor conference and webcast on January 15, 2004, to discuss financial performance and future outlook.
- 5Exhibits include a press release, supplemental information, and a script from the CFO.