---
schema_version: "secwatch.filing_event.v1"
accession: "0000070858-24-000266"
form_type: "8-K"
ticker: "BAC"
cik: "0000070858"
company_name: "BANK OF AMERICA CORP /DE/"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T15:02:03.925697+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bank of America Q3 net income $6.9B ($0.81 EPS); revenue $25.3B up 1% YoY

## Summary
- Net income $6.9B ($0.81 diluted EPS) vs $7.8B ($0.90) in 3Q23, down 12% YoY.
- Revenue $25.5B FTE, up $178M; NII $14.0B down 3% YoY but up 2% QoQ.
- Provision for credit losses $1.5B (flat QoQ); net charge-offs $1.5B, up from $931M in 3Q23.
- Average deposits $1.92T up 2% YoY; CET1 ratio 11.8% (112 bps above regulatory minimum).
- Returned $5.6B to shareholders ($3.5B buybacks, $2.0B dividends); book value per share $35.37.

## SEC filing metadata
- accession: 0000070858-24-000266
- form_type: 8-K
- ticker: BAC
- cik: 0000070858
- company_name: BANK OF AMERICA CORP /DE/
- filed_at: 2024-10-15T23:59:59+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/70858/000007085824000266/0000070858-24-000266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70858/000007085824000266/bac-20241015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070858-24-000266
- JSON: https://secwatch.observer/filing/0000070858-24-000266.json
- Plain text: https://secwatch.observer/filing/0000070858-24-000266.txt

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