secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2025-01-16T23:59:59+00:00
Accession:  0000070858-25-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of America reports Q4 EPS $0.82, net income $6.7B; full-year EPS $3.21, revenue $101.9B
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- Q4 2024 revenue $25.3B (NII $14.4B); net income $6.7B, diluted EPS $0.82.
- Full-year 2024 net income $27.1B, EPS $3.21; revenue surpassed $100B to $101.9B.
- Investment banking fees up 44% YoY in Q4; sales & trading revenue up 13% YoY (ex DVA +10%).
- Returned $21B of capital to shareholders in 2024; CET1 ratio 11.9% above regulatory minimum.
- Consumer checking accounts grew for 24th consecutive quarter; record client balances of $4.3T at GWIM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000011/0000070858-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000011/bac-20250116.htm
  HTML page:      https://secwatch.observer/filing/0000070858-25-000011

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