8-KEarnings & ResultsRegulation FDExhibits & Filings

BANK OF AMERICA CORP /DE/ 8-K Report, Financial Results (Jul 18, 2017)

Filed July 18, 2017For 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 July 18, 2017, to report its financial results for the second quarter ended June 30, 2017. The company announced a net income of $5.3 billion, translating to $0.46 per diluted share. This filing serves as the primary mechanism for disseminating these key financial figures to the public and the investment community. In addition to the earnings release (Exhibit 99.1), the company also made available presentation materials (Exhibit 99.2) and supplemental financial information (Exhibit 99.3) on its website. These materials are intended to provide further details and context regarding the second quarter performance and may include forward-looking statements. Investors should note that while the earnings release is considered "filed" under Section 18 of the Securities Exchange Act, the supplemental materials are "furnished" and do not carry the same regulatory implications for incorporation into other filings.

Key Highlights

  • 1Reported Q2 2017 net income of $5.3 billion.
  • 2Reported Q2 2017 diluted earnings per share (EPS) of $0.46.
  • 3Filed a press release (Exhibit 99.1) detailing Q2 2017 financial results.
  • 4Made additional presentation materials (Exhibit 99.2) available on its website.
  • 5Furnished supplemental financial information (Exhibit 99.3) on its website.
  • 6Scheduled an investor conference call and webcast to discuss Q2 2017 results.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and provide Bank of America's financial results for the second quarter ended June 30, 2017, including net income and earnings per share. It also serves to make associated press releases and supplemental materials available to investors.

For the second quarter ended June 30, 2017, Bank of America reported a net income of $5.3 billion, which equates to $0.46 per diluted share.

Detailed information can be found in the press release (Exhibit 99.1) attached to the 8-K, as well as in the presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) made available on the company's website. An investor conference call and webcast were also scheduled to discuss these results.

No, not all information is considered 'filed' in the same way. The press release detailing the results (Exhibit 99.1) is deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. However, the presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) are 'furnished' and not deemed 'filed' under Section 18, nor are they automatically incorporated by reference into other SEC filings.