{"schema_version":"secwatch.filing_event.v1","accession":"0000070858-24-000006","form_type":"8-K","ticker":"BAC","cik":"0000070858","company_name":"BANK OF AMERICA CORP /DE/","filed_at":"2024-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.713679+00:00","generated_at":"2026-06-07T02:41:39.743024+00:00","sec_items":["2.02","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BAC recognizes $1.6B non-cash pretax charge from BSBY transition; CET1 down 8 bps","bullets":["Net non-cash pretax charge of ~$1.6B in Q4 2023 from de-designation of BSBY-indexed loan hedges.","Charge presented in revenue through market making; expected to reverse into interest income through 2026.","CET1 ratio reduced by 8 basis points as of Dec 31, 2023.","Impact is solely accounting; economics of loans will shift to SOFR with nominal economic effect.","Q4 2023 financial results to be reported on Jan 12, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000070858-24-000006","json":"https://secwatch.observer/filing/0000070858-24-000006.json","markdown":"https://secwatch.observer/filing/0000070858-24-000006.md","text":"https://secwatch.observer/filing/0000070858-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70858/000007085824000006/0000070858-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70858/000007085824000006/bac-20240108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T02:41:39.743024+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}