---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-24-000011"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:14:31.539686+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bank of America Q4 net income $3.1B ($0.35 EPS); FY 2023 net income $26.5B ($3.08 EPS)

## Summary
- Q4 2023 net income $3.1B, diluted EPS $0.35; full-year net income $26.5B, diluted EPS $3.08.
- FY 2023 revenue $98.6B (GAAP); adjusted revenue $100.2B excluding FDIC special assessment.
- Provision for credit losses rose 76% YoY to $4.4B; net charge-offs $3.8B, reserve build $0.6B.
- Adjusted efficiency ratio 64%, ROA 0.93%, ROTCE 15.0% for 2023.

## SEC filing metadata
- accession: 0000070858-24-000011
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/70858/000007085824000011/0000070858-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085824000011/bac-20240112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-24-000011
- JSON: https://secwatch.observer/filing/0000070858-24-000011.json
- Plain text: https://secwatch.observer/filing/0000070858-24-000011.txt

## Key facts
- Earnings Releases
  BANK OF AMERICA CORP /DE/ reported the year ended December 31, 2023 results: net income $26.5 billion, EPS $3.08 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $26.5 billion
  - EPS: $3.08 per diluted share
  - Result: reported results
  source text: On January 12, 2024 , Bank of America Corporation (the “Corporation”) announced financial results for the fourth quarter and year ended December 31, 2023, reporting fourth quarter net income of $3.1 billion, or $0.35 per diluted share, and net income for the year of $26.5 billion, or $3.08 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000011/0000070858-24-000011-index.htm
- Earnings Releases
  BANK OF AMERICA CORP /DE/ reported the fourth quarter ended December 31, 2023 results: net income $3.1 billion, EPS $0.35 per diluted share.
  - Period: the fourth quarter ended December 31, 2023
  - Net income: $3.1 billion
  - EPS: $0.35 per diluted share
  - Result: reported results
  source text: On January 12, 2024 , Bank of America Corporation (the “Corporation”) announced financial results for the fourth quarter and year ended December 31, 2023, reporting fourth quarter net income of $3.1 billion, or $0.35 per diluted share, and net income for the year of $26.5 billion, or $3.08 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70858/000007085824000011/0000070858-24-000011-index.htm

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