BANK OF AMERICA CORP DE
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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.
FY2024 · Filed Feb 25, 2025
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, 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 | ||||||
| Net income | 27,132 | 27,132 | ||||||||||
| Net change in debt securities | 158 | 158 | ||||||||||
| Net change in debit valuation adjustments | (127) | (127) | ||||||||||
| Net change in derivatives | 2,428 | 2,428 | ||||||||||
| Employee benefit plan adjustments | 131 | 131 | ||||||||||
| Net change in foreign currency translation adjustments | (87) | (87) | ||||||||||
| Dividends declared: | ||||||||||||
| Common | (7,822) | (7,822) | ||||||||||
| Preferred | (1,613) | (1,613) | ||||||||||
| Redemption of preferred stock | (5,238) | (16) | (5,254) | |||||||||
| Common stock issued under employee plans, net, and other | 46.9 | 2,075 | (4) | 2,071 | ||||||||
| Common stock repurchased | (331.5) | (13,104) | (13,104) | |||||||||
| Balance, December 31, 2024 | $23,159 | 7,610.9 | $45,336 | $242,349 | $(15,285) | $295,559 | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.