Bank, America

Bank of America Company (the "Corporation") informed its securities holders that it has filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission ("SEC") on October 13, 2017, announcing financial results for the third quarter ended September 30, 2017, reporting third quarter net income of $5.6 billion, or $0.48 per diluted share.

13.10.2017 - 17:42:38

Bank of America Corporation Filed a Form 8-K

Consumer Banking

Revenue rose 10% to $8.8 billion Loans up 8%; deposits up 9% Merrill Edge brokerage assets up 21% Mobile banking active users increased 11% to 23.6 million Credit/debit spend up 7% to $137 billion

Global Wealth and Investment Management

Revenue rose 6% to $4.6 billion Total client balances increased $186 billion to a record of nearly $2.7 trillion Loans increased 8% Record assets under management (AUM) balances of more than $1 trillion

Global Banking

Revenue rose 5% to $5.0 billion Loans increased 4% Deposits increased 3% Firmwide investment banking fees up 1% to $1.5 billion; best Q3 since the Merrill Lynch merger

Global Markets

Sales and trading revenue of $3.1 billion, including negative net debit valuation adjustment (DVA) of $21 million Excluding net DVA, sales and trading revenue down 15% vs. strong Q3-16 FICC down 22% Equities up 2%

Bank of America Corporation makes available all of its SEC filings on its website: http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irol-irhome.

The SEC maintains a website that contains reports, proxy statements and other information regarding issuers that file electronically with the SEC. These materials may be obtained electronically by accessing the SEC’s website at http://www.sec.gov. A copy of the document will also be available on the National Storage Mechanism's website at: http://www.morningstar.co.uk/uk/NSM.

@ businesswire.com