8-KEarnings & ResultsRegulation FDExhibits & Filings

BANK OF AMERICA CORP /DE/ 8-K Report, Financial Results (Jan 16, 2019)

Filed January 16, 2019For 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 16, 2019, to report its financial results for the fourth quarter and full year ended December 31, 2018. The company announced a fourth-quarter net income of $7.3 billion, or $0.70 per diluted share, and full-year net income of $28 billion, or $2.61 per diluted share. These results were detailed in a press release furnished with the filing. Additionally, the report indicated that Bank of America would hold an investor conference call and webcast on January 16, 2019, to discuss these results. The company also made presentation materials and supplemental financial information available on its website, incorporated by reference into the filing, providing further historical and forward-looking details for investors to review.

Key Highlights

  • 1Reported Q4 2018 net income of $7.3 billion, or $0.70 per diluted share.
  • 2Announced full-year 2018 net income of $28 billion, or $2.61 per diluted share.
  • 3Filed a press release (Exhibit 99.1) containing detailed financial results for Q4 and FY 2018.
  • 4Scheduled an investor conference call and webcast for January 16, 2019, to discuss results.
  • 5Made presentation materials (Exhibit 99.2) and supplemental financial information (Exhibit 99.3) available on its website.
  • 6Information regarding Q4 and FY 2018 results is incorporated by reference into the filing.

Frequently Asked Questions

For the fourth quarter of 2018, Bank of America reported a net income of $7.3 billion, or $0.70 per diluted share. For the full year ended December 31, 2018, the company announced a net income of $28 billion, or $2.61 per diluted share.

Detailed financial results for the fourth quarter and full year 2018 are provided in the press release attached as Exhibit 99.1 to this 8-K filing. Additional presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) are also available on the company's website and incorporated by reference.

Yes, Bank of America scheduled an investor conference call and webcast for January 16, 2019, to discuss its financial results for the fourth quarter and full year 2018, along with other relevant matters.

No, the information provided in Exhibits 99.2 (Presentation Materials) and 99.3 (Supplemental Information) is furnished, not filed, for the purposes of Section 18 of the Securities Exchange Act of 1934. This means they do not carry the same legal implications as filed information.