secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0000070858-25-000187
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 Q1 EPS $0.90, net income $7.4B, revenue up 6% YoY
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- Net income $7.4B, diluted EPS $0.90, up from $0.76 in 1Q24.
- Revenue $27.4B, up 6% YoY; net interest income $14.4B ($14.6B FTE).
- Consumer Banking net income $2.5B; added ~250k net new checking accounts.
- Global Markets sales & trading revenue up 11% to $5.7B; record Equities $2.2B.
- CET1 ratio 11.8%, well above 10.7% regulatory minimum; deposits ~$2T.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000187/0000070858-25-000187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000187/bac-20250415.htm
  HTML page:      https://secwatch.observer/filing/0000070858-25-000187

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