Summary
Bank of America Corporation (BAC) filed an 8-K on July 19, 2011, to report its financial results for the second quarter ended June 30, 2011. The report disclosed a significant net loss of $8.8 billion, or $0.90 per diluted share, for the quarter. This filing includes the press release and related slides used in their investor conference call to discuss these results. Investors should note that this substantial loss signals a challenging period for the company. The attached exhibits provide detailed financial information and commentary that led to this outcome, which will be a key focus for understanding the company's performance and outlook.
Key Highlights
- 1Bank of America reported a net loss of $8.8 billion for the second quarter of 2011.
- 2The loss translated to $0.90 per diluted share.
- 3The 8-K filing includes the press release detailing these financial results.
- 4Associated earnings-related slides for investor conference calls are also provided.
- 5A supplemental information package for the investor conference call is furnished as an exhibit.
- 6The filing date is July 19, 2011, and the reporting period is the quarter ended June 30, 2011.
- 7The Chief Accounting Officer, Neil A. Cotty, signed the report.