---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-23-000131"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:59:49.699622+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bank of America Q1 net income $8.2B, EPS $0.94; NII up 25%, revenue $26.3B

## Summary
- Diluted EPS $0.94, up 18% YoY; net income $8.2B.
- Revenue $26.3B (+13% YoY), net interest income $14.4B (+25%).
- Provision for credit losses $931MM; net charge-offs 32 bps (up 16 bps YoY).
- CET1 ratio 11.4% (up 14 bps QoQ); paid $1.8B dividends and $2.2B buybacks.
- Seventh consecutive quarter of positive operating leverage (705 bps).

## SEC filing metadata
- accession: 0000070858-23-000131
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70858/000007085823000131/0000070858-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085823000131/bac-20230418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-23-000131
- JSON: https://secwatch.observer/filing/0000070858-23-000131.json
- Plain text: https://secwatch.observer/filing/0000070858-23-000131.txt

## Key facts
- Earnings Releases
  BANK OF AMERICA CORP /DE/ reported the first quarter ended March 31, 2023 results: net income $8.2 billion, EPS $0.94 per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Net income: $8.2 billion
  - EPS: $0.94 per diluted share
  - Result: reported results
  source text: On April 18, 2023 , Bank of America Corporation (the “Corporation”) announced financial results for the first quarter ended March 31, 2023, reporting first quarter net income of $8.2 billion, or $0.94 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085823000131/0000070858-23-000131-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.