Summary
Bank of America Corporation (BAC) filed an 8-K on October 17, 2022, to report its financial results for the third quarter ended September 30, 2022. The company announced a net income of $7.1 billion, which translates to $0.81 per diluted share. This filing serves to formally announce these results, which were detailed in a press release (Exhibit 99.1) also furnished with the report. Investors should note that this press release is incorporated by reference into Item 2.02 of the 8-K and is considered "filed" under Section 18 of the Securities Exchange Act of 1934. Additionally, the company announced its intention to hold an investor conference call and webcast on the same day to discuss these third-quarter results and other related matters. Supplemental information and presentation materials were also made available on the company's website and furnished as exhibits (99.2 and 99.3). These materials provide further detail on the company's financial performance and outlook, although they are furnished, not filed, and do not create an obligation for the company to update the information presented.
Key Highlights
- 1Bank of America reported Q3 2022 net income of $7.1 billion.
- 2Earnings per diluted share for Q3 2022 were $0.81.
- 3The 8-K filing includes the official press release detailing Q3 financial results.
- 4The company scheduled an investor conference call and webcast for October 17, 2022, to discuss Q3 results.
- 5Additional presentation and supplemental information materials were provided to investors.
- 6Information in the press release (Exhibit 99.1) is considered 'filed' for Section 18 purposes.
- 7Supplemental materials (Exhibits 99.2 and 99.3) are furnished and do not carry an obligation to update.