Summary
Bank of America Corporation (BAC) filed an 8-K on April 18, 2023, reporting its first quarter 2023 financial results. The company announced a net income of $8.2 billion, or $0.94 per diluted share. This report includes a press release detailing these results, as well as presentation materials and supplemental information made available to investors. These materials are available on the company's website and were discussed during an investor conference call and webcast held on the same day. Investors should note that while the press release (Exhibit 99.1) is considered "filed" for purposes of Section 18 of the Securities Exchange Act, the presentation materials and supplemental information (Exhibits 99.2 and 99.3) are furnished and not deemed "filed." This distinction is important for understanding the regulatory treatment of the information provided. The report serves as a primary source for BAC's Q1 2023 financial performance and related investor communications.
Key Highlights
- 1Bank of America reported Q1 2023 net income of $8.2 billion.
- 2Earnings per diluted share for Q1 2023 were $0.94.
- 3The 8-K filing incorporates by reference the press release announcing Q1 2023 financial results (Exhibit 99.1).
- 4Additional presentation materials and supplemental information (Exhibits 99.2 and 99.3) were made available to investors.
- 5An investor conference call and webcast were held on April 18, 2023, to discuss these results.
- 6Exhibit 99.1 is considered "filed" under Section 18 of the Securities Exchange Act.
- 7Exhibits 99.2 and 99.3 are furnished and are not deemed "filed" under Section 18, nor incorporated into Securities Act filings.