8-KEarnings & ResultsRegulation FDExhibits & Filings

BANK OF AMERICA CORP /DE/ 8-K Report, Financial Results (Oct 15, 2018)

Filed October 15, 2018For 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 October 15, 2018, to report its financial results for the third quarter ended September 30, 2018. The company announced a net income of $7.2 billion, or $0.66 per diluted share, for the quarter. This filing primarily serves to formally present the earnings press release and related investor materials. In addition to the earnings release, BAC also announced that it would hold an investor conference call and webcast to discuss these results. The company also made available presentation and supplemental information materials on its website, providing further details for investors. While the earnings press release is considered 'filed' for regulatory purposes, the supplemental and presentation materials are 'furnished' and do not carry the same regulatory implications for all purposes.

Key Highlights

  • 1Reported Q3 2018 net income of $7.2 billion.
  • 2Reported Q3 2018 diluted earnings per share (EPS) of $0.66.
  • 3Filed the official earnings press release as Exhibit 99.1.
  • 4Announced an investor conference call and webcast to discuss Q3 results.
  • 5Furnished presentation materials (Exhibit 99.2) containing historical and forward-looking information.
  • 6Furnished supplemental information (Exhibit 99.3) with additional Q3 financial details.
  • 7Distinguished between 'filed' (Exhibit 99.1) and 'furnished' (Exhibits 99.2, 99.3) information for regulatory purposes.

Frequently Asked Questions

Bank of America reported a net income of $7.2 billion and diluted earnings per share of $0.66 for the third quarter ended September 30, 2018.

This 8-K filing includes the earnings press release announcing the third quarter results, as well as presentation materials and supplemental information provided to investors. These materials were made available on the company's website and are attached as exhibits to the filing.

The financial results for the third quarter ended September 30, 2018, were announced on October 15, 2018.

No, the filing clarifies that the earnings press release (Exhibit 99.1) is considered 'filed' under 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 do not carry the same 'filed' status for Section 18 purposes or incorporation by reference in Securities Act filings.