Summary
Bank of America Corporation (BAC) has filed an 8-K report disclosing its financial results for the fourth quarter and the full year ended December 31, 2024. For the fourth quarter, the company reported net income of $6.7 billion, or $0.82 per diluted share. The full-year net income reached $27.1 billion, translating to $3.21 per diluted share. These results were formally announced on January 16, 2025, and are detailed in an accompanying press release (Exhibit 99.1). In addition to the financial results, BAC announced an investor conference call and webcast to further discuss these earnings and other corporate matters on January 16, 2025. The company has also made available presentation materials and supplemental financial information on its website, providing further historical and forward-looking data. Investors should refer to these exhibits and the press release for a comprehensive understanding of the company's performance and outlook.
Key Highlights
- 1Reported Q4 2024 net income of $6.7 billion, or $0.82 per diluted share.
- 2Announced full-year 2024 net income of $27.1 billion, or $3.21 per diluted share.
- 3Financial results for the fourth quarter and year ended December 31, 2024, were disclosed.
- 4An investor conference call and webcast are scheduled for January 16, 2025, to discuss the results.
- 5Additional presentation materials and supplemental financial information are available on the company's website.
- 6The press release detailing these results is incorporated by reference as Exhibit 99.1.
- 7Exhibits 99.2 (Presentation Materials) and 99.3 (Supplemental Information) are furnished as part of the filing.