Summary
Bank of America Corporation (BAC) filed an 8-K on January 17, 2018, to report its fourth quarter and full-year 2017 financial results. The company announced a net income of $2.4 billion, or $0.20 per diluted share, for the fourth quarter of 2017. For the full year 2017, net income reached $18.2 billion, or $1.56 per diluted share. These results were detailed in a press release, which is incorporated by reference into the filing. Furthermore, the 8-K indicates that Bank of America held an investor conference call and webcast on January 17, 2018, to discuss these results. Supplemental presentation and information materials were also made available on the company's website, offering further details on their financial performance and forward-looking statements. Investors should note that while the financial results are deemed "filed" for Section 18 purposes, the supplemental materials are furnished and not considered "filed" under Section 18 or incorporated into other Securities Act filings.
Key Highlights
- 1Reported Q4 2017 net income of $2.4 billion, or $0.20 per diluted share.
- 2Announced full-year 2017 net income of $18.2 billion, or $1.56 per diluted share.
- 3Filed a press release (Exhibit 99.1) containing detailed Q4 and full-year 2017 financial results.
- 4Held an investor conference call and webcast on January 17, 2018, to discuss results.
- 5Made presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) available on their website.
- 6Financial results press release is considered 'filed' for Section 18 purposes.
- 7Supplemental materials are furnished and not considered 'filed' for Section 18 or incorporated into other filings.