Summary
Bank of America Corporation (BAC) filed an 8-K on April 16, 2019, reporting its first-quarter 2019 financial results. The company announced a net income of $7.3 billion, or $0.70 per diluted share for the quarter ended March 31, 2019. This filing primarily serves to formally announce and incorporate by reference the press release detailing these results, as well as related presentation and supplemental materials. Investors should note that this 8-K is the official channel for disclosing these quarterly results. The attached press release (Exhibit 99.1) provides the core financial performance figures. Additionally, the company made available presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) on its website, which were furnished with this filing. These documents offer further details and context for the reported quarter's performance.
Key Highlights
- 1Bank of America reported Q1 2019 net income of $7.3 billion.
- 2Earnings per diluted share for Q1 2019 were $0.70.
- 3The 8-K filing incorporates by reference the official press release (Exhibit 99.1) detailing Q1 2019 financial results.
- 4Additional presentation materials (Exhibit 99.2) and supplemental information (Exhibit 99.3) were furnished and made available on the company's website.
- 5The information in Exhibit 99.1 is deemed "filed" under Section 18 of the Securities Exchange Act of 1934.
- 6Information in Exhibits 99.2 and 99.3 is furnished and not deemed "filed" under Section 18, nor incorporated into other SEC filings.
- 7The company scheduled an investor conference call and webcast on April 16, 2019, to discuss these Q1 results.