8-KEarnings & ResultsRegulation FDOther Events+1

BANK OF AMERICA CORP /DE/ 8-K Report, Financial Results (Jul 18, 2005)

Filed July 18, 2005For Securities:BACBAC-PBBAC-PKBAC-PLBAC-PMBAC-PNBAC-PSBML-PJBAC-PEBAC-PPBAC-PQBACRPBML-PGBML-PHBML-PLBAC-POMER-PK

Summary

This 8-K filing by Bank of America Corporation (BAC) on July 18, 2005, primarily serves to report its financial results for the second quarter ended June 30, 2005. The company announced a net income of $4.30 billion and diluted earnings per common share of $1.06 for the quarter. This information was disseminated through a press release and further detailed in a supplemental information package presented during an investor conference and webcast. For investors, these results provide a snapshot of the company's performance during the second quarter of 2005. The reported net income and EPS are key metrics for evaluating profitability and shareholder value. The inclusion of a supplemental information package indicates a detailed breakdown of these results, likely offering insights into the drivers of performance, segment contributions, and potentially balance sheet details, although the 8-K itself does not elaborate on these specifics.

Key Highlights

  • 1Bank of America Corporation reported a net income of $4.30 billion for the second quarter ended June 30, 2005.
  • 2Diluted earnings per common share (EPS) for the second quarter stood at $1.06.
  • 3The financial results were officially announced on July 18, 2005.
  • 4The company issued a press release (Exhibit 99.1) detailing these Q2 2005 financial results.
  • 5A supplemental information package (Exhibit 99.2) was provided for an investor conference and webcast on the same day.
  • 6This filing is made under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure) of Form 8-K.
  • 7The disclosure of financial information was made in compliance with Regulation FD.

Frequently Asked Questions

Bank of America reported a net income of $4.30 billion and diluted earnings per common share of $1.06 for the second quarter ended June 30, 2005.

The company announced these results via a press release filed as Exhibit 99.1 and also provided a supplemental information package as Exhibit 99.2 during an investor conference and webcast held on July 18, 2005.

This 8-K filing primarily serves to announce the headline financial results (net income and EPS) and references attached exhibits (press release and supplemental information) for more details. The 8-K document itself does not contain a detailed discussion or segment breakdown. Investors would need to refer to the referenced exhibits for further analysis.

The event date of July 17, 2005, and the filing date of July 18, 2005, indicate that the company is reporting on results that have just concluded and are being made public very shortly after the quarter's end. The filing on July 18, 2005, confirms that the financial results for the quarter ending June 30, 2005, were officially released on that date.