secwatch.observer — SEC 8-K summary
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Issuer:     BANK OF AMERICA CORP /DE/ (BAC)
CIK:        0000070858
Form:       8-K
Filed at:   2025-07-16T23:59:59+00:00
Accession:  0000070858-25-000254
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of America Q2 net income $7.1B, EPS $0.89, revenue up 4% YoY
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- Net income $7.1B ($0.89 diluted EPS) vs $6.9B ($0.83) a year ago, up 3% and 7% respectively.
- Revenue $26.5B (+4% YoY); net interest income $14.7B (+7%); deposits $2.0T (+5%).
- Consumer Banking net income $3.0B, revenue $10.8B (+6%); added 175k net new checking accounts.
- GWIM net income $1.0B, revenue $5.9B (+7%); client balances $4.4T (+10%).
- Global Markets sales & trading revenue up 14% to $5.3B; 13th consecutive YoY growth quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000254/0000070858-25-000254-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70858/000007085825000254/bac-20250716.htm
  HTML page:      https://secwatch.observer/filing/0000070858-25-000254

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