Summary
Bank of America Corporation (BAC) filed an 8-K on April 16, 2014, to report its financial results for the first quarter ended March 31, 2014. The company announced a net loss of $276 million, or $0.05 per diluted share, for the quarter. This filing also indicated that the company would be holding an investor conference call and webcast to discuss these results, along with making additional presentation and supplemental information available on its website. While the net loss is a key figure, investors should note that this filing is primarily an announcement of the quarterly earnings and the availability of related materials. The details of what drove the net loss, any changes in strategic outlook, or specific segment performance would be found within the referenced press release, presentation materials, and supplemental information, which are incorporated by reference into this 8-K filing.
Key Highlights
- 1Announced Q1 2014 net loss of $276 million, or $0.05 per diluted share.
- 2The press release detailing these results is filed as Exhibit 99.1.
- 3Scheduled an investor conference call and webcast for April 16, 2014, to discuss Q1 results.
- 4Made presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) available on their website.
- 5Information in Item 2.02 (results of operations) is deemed 'filed' under Section 18 of the Exchange Act.
- 6Information in Item 7.01 (Regulation FD Disclosure) is furnished and not deemed 'filed'.