BANK OF AMERICA CORP DE
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
BAC$49.42-0.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Changes in Shareholders’ Equity
| Consolidated Statement of Changes in Shareholders’ Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| PreferredStock · Common Stock andAdditional Paid-in Capital · RetainedEarnings · AccumulatedOtherComprehensiveIncome (Loss) · TotalShareholders’Equity | |||||||||||
| (In millions) · Shares · Amount | |||||||||||
| Balance, December 31, 2020 | $24,510 | 8,650.8 | $85,982 | $164,088 | $(1,656) | $272,924 | |||||
| Net income | 31,978 | 31,978 | |||||||||
| Net change in debt securities | (2,077) | (2,077) | |||||||||
| Net change in debit valuation adjustments | 356 | 356 | |||||||||
| Net change in derivatives | (2,306) | (2,306) | |||||||||
| Employee benefit plan adjustments | 624 | 624 | |||||||||
| Net change in foreign currency translation adjustments | (45) | (45) | |||||||||
| Dividends declared: | |||||||||||
| Common | (6,575) | (6,575) | |||||||||
| Preferred | (1,421) | (1,421) | |||||||||
| Issuance of preferred stock | 2,169 | 2,169 | |||||||||
| Redemption of preferred stock | (1,971) | (1,971) | |||||||||
| Common stock issued under employee plans, net, and other | 42.3 | 1,542 | (6) | 1,536 | |||||||
| Common stock repurchased | (615.3) | (25,126) | (25,126) | ||||||||
| Balance, December 31, 2021 | $24,708 | 8,077.8 | $62,398 | $188,064 | $(5,104) | $270,066 | |||||
| Net income | 27,528 | 27,528 | |||||||||
| Net change in debt securities | (6,028) | (6,028) | |||||||||
| Net change in debit valuation adjustments | 755 | 755 | |||||||||
| Net change in derivatives | (10,055) | (10,055) | |||||||||
| Employee benefit plan adjustments | (667) | (667) | |||||||||
| Net change in foreign currency translation adjustments | (57) | (57) | |||||||||
| Dividends declared: | |||||||||||
| Common | (6,963) | (6,963) | |||||||||
| Preferred | (1,596) | (1,596) | |||||||||
| Issuance of preferred stock | 4,426 | 4,426 | |||||||||
| Redemption of preferred stock | (737) | 83 | (654) | ||||||||
| Common stock issued under employee plans, net, and other | 44.9 | 1,545 | (30) | 1,515 | |||||||
| Common stock repurchased | (125.9) | (5,073) | (5,073) | ||||||||
| Balance, December 31, 2022 | $28,397 | 7,996.8 | $58,953 | $207,003 | $(21,156) | $273,197 | |||||
| Cumulative adjustment for adoption of credit loss accounting standard | 184 | 184 | |||||||||
| Net income | 26,515 | 26,515 | |||||||||
| Net change in debt securities | 573 | 573 | |||||||||
| Net change in debit valuation adjustments | (686) | (686) | |||||||||
| Net change in derivatives | 3,919 | 3,919 | |||||||||
| Employee benefit plan adjustments | (439) | (439) | |||||||||
| Net change in foreign currency translation adjustments | 1 | 1 | |||||||||
| Dividends declared: | |||||||||||
| Common | (7,374) | (7,374) | |||||||||
| Preferred | (1,649) | (1,649) | |||||||||
| Common stock issued under employee plans, net, and other | 45.4 | 1,988 | (7) | 1,981 | |||||||
| Common stock repurchased | (146.7) | (4,576) | (4,576) | ||||||||
| Balance, December 31, 2023 | $28,397 | 7,895.5 | $56,365 | $224,672 | $(17,788) | $291,646 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.