secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2023-07-18T23:59:59+00:00
Accession:  0000070858-23-000166
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of America Q2 2023 net income $7.4B, EPS $0.88, up 21% YoY
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- Net income $7.4B ($0.88 diluted EPS), up 19% and 21% YoY respectively.
- CET1 ratio 11.6%, global liquidity sources $867B; ROE 11.2%, ROTCE 15.5%.
- Added ~157,000 net new checking accounts (18th straight quarter) and 1.2M credit card accounts.
- Consumer banking digital sales 51% of total; 46M digital active users.
- Operating leverage positive for 8th consecutive quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085823000166/0000070858-23-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085823000166/bac-20230718.htm
  HTML page:      https://secwatch.observer/filing/0000070858-23-000166

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer