8-KEarnings & ResultsRegulation FDExhibits & Filings

BANK OF AMERICA CORP /DE/ 8-K Report, Financial Results (Jan 15, 2014)

Filed January 15, 2014For Securities:BACBAC-PBBAC-PKBAC-PLBAC-PMBAC-PNBAC-PSBML-PJBAC-PEBAC-PPBAC-PQBACRPBML-PGBML-PHBML-PLBAC-POMER-PK

Summary

Bank of America Corporation (BAC) filed an 8-K on January 15, 2014, reporting its financial results for the fourth quarter and full year ended December 31, 2013. The company announced a fourth-quarter net income of $3.4 billion, or $0.29 per diluted share, and a full-year net income of $11.4 billion, or $0.90 per diluted share. These results were detailed in a press release (Exhibit 99.1) which is incorporated by reference and considered 'filed' under Section 18 of the Securities Exchange Act of 1934. Furthermore, the filing indicates that BAC held an investor conference call and webcast on January 15, 2014, to discuss these results. Additional supporting documents, including presentation materials and supplemental financial information for the period, were also made available on the company's website and furnished as exhibits (99.2 and 99.3). While these supplemental materials are not deemed 'filed' under Section 18, they provide further context for investors examining the company's performance during the reported periods.

Key Highlights

  • 1Reported Q4 2013 net income of $3.4 billion, or $0.29 per diluted share.
  • 2Announced full-year 2013 net income of $11.4 billion, or $0.90 per diluted share.
  • 3The press release detailing these results (Exhibit 99.1) is incorporated by reference and deemed 'filed'.
  • 4An investor conference call and webcast were held on January 15, 2014, to discuss the financial results.
  • 5Presentation materials and supplemental information were made available on the company's website as exhibits (99.2 and 99.3).
  • 6Supplemental information provided is furnished but not considered 'filed' for regulatory purposes.

Frequently Asked Questions

For the fourth quarter of 2013, Bank of America reported a net income of $3.4 billion, or $0.29 per diluted share. For the full year ended December 31, 2013, the company's net income was $11.4 billion, or $0.90 per diluted share.

The detailed financial results were announced in a press release (Exhibit 99.1), which is incorporated by reference in the 8-K filing. Additional presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) were also made available on Bank of America's website and furnished with the filing.

No, the supplemental information (Exhibits 99.2 and 99.3) is furnished with the report and is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into any filings under the Securities Act of 1933.

The financial results were announced on January 15, 2014. Bank of America also held an investor conference call and webcast on the same day to discuss these results and other related matters.