What was Bank of America's overall financial performance for the period reported?

Bank of America reported a net loss of $1.2 billion for the fourth quarter of 2010 and a full-year net loss of $2.2 billion for the year ended December 31, 2010. Diluted loss per common share was $0.16 for the quarter and $0.37 for the year.

What specific items are included in this 8-K filing?

This 8-K filing includes a press release announcing the company's fourth quarter and full-year 2010 financial results, select earnings-related slides for an investor conference call, and a supplemental information package for investors.

When did Bank of America announce these financial results?

Bank of America announced these financial results on January 21, 2011, and the 8-K was filed on the same date.

Does this filing provide details on the reasons for the net losses?

The 8-K filing itself primarily announces the results and references exhibits containing detailed information. Investors would need to refer to the attached press release (Exhibit 99.1), earnings slides (Exhibit 99.2), and supplemental information (Exhibit 99.3) for specific details and explanations behind the reported net losses.

BAC 8-K: Earnings & Results & Regulation FD

Summary

Bank of America Corporation (BAC) filed an 8-K on January 21, 2011, to report its financial results for the fourth quarter and full year ended December 31, 2010. The company announced a net loss of $1.2 billion for the fourth quarter and a full-year net loss of $2.2 billion. Diluted loss per common share was $0.16 for the quarter and $0.37 for the year. These results indicate a challenging period for the company, marked by significant losses. The filing also indicates that detailed earnings slides and supplemental information packages were made available to investors in conjunction with an investor conference call and webcast. Investors should pay close attention to the details within the referenced exhibits for a comprehensive understanding of the factors contributing to these losses and the company's outlook.

Key Highlights

1Reported a net loss of $1.2 billion for the fourth quarter ended December 31, 2010.
2Reported a full-year net loss of $2.2 billion for the year ended December 31, 2010.
3Diluted loss per common share was $0.16 for the fourth quarter.
4Diluted loss per common share was $0.37 for the full year.
5Filed as an 8-K report, indicating a material event for investors.
6Included exhibits with a press release, earnings slides, and supplemental information for investors.

BANK OF AMERICA CORP /DE/ 8-K Report, Financial Results (Jan 21, 2011)

Summary

Key Highlights

Frequently Asked Questions