Summary
Bank of America Corporation (BAC) filed an 8-K on April 17, 2013, to report its financial results for the first quarter ended March 31, 2013. The company announced a net income of $2.6 billion, which translated to $0.20 per diluted share. This filing serves as an official announcement of these results, with the detailed press release incorporated as an exhibit. In addition to the earnings release, BAC also disclosed that it would be holding an investor conference call and webcast on April 17, 2013, to discuss these Q1 results. The company also made presentation materials and supplemental information available on its website, offering further details on its financial condition and performance. Investors should note that while the earnings release information is considered 'filed' for regulatory purposes, the supplemental and presentation materials are 'furnished' and not subject to the same reporting requirements.
Key Highlights
- 1Reported Q1 2013 net income of $2.6 billion.
- 2Diluted earnings per share (EPS) for Q1 2013 was $0.20.
- 3The press release detailing Q1 2013 results is included as Exhibit 99.1.
- 4An investor conference call and webcast were scheduled for April 17, 2013, to discuss results.
- 5Additional presentation materials and supplemental financial information were made available on the company's website.
- 6The earnings release information is deemed 'filed' under Section 18 of the Exchange Act.
- 7Supplemental and presentation materials are 'furnished' and not 'filed'.