Bank of America
1Q15 Financial Results
April 15, 2015
1Q15 Highlights
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Net income of $3.4B in 1Q15, up versus $3.1B in 4Q14 and ($0.3B) in 1Q14
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Increased capital and liquidity measures
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Authorized a $4B common stock repurchase program
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Managed expenses well
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Generated modest growth in core loans
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Continued progress on key metrics in several businesses
$1,468 $729 $1,291 $1,243 ($4,880) ($197) $1,475 $651 $1,365 $933 ($238) ($841)
Consumer Banking Global Wealth & Investment Management Global Banking Global Markets (excl. net DVA / FVA) Legacy Assets & Servicing (LAS) All Other
1Q14 1Q15
1Q15 ROAAC
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22% 16% 11% 21%
Business Results
Net Income (Loss) ($MM) and Return on Average Allocated Capital (ROAAC) (%)
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1
Represents a non-GAAP financial measure. For important presentation information, see slide 31.
2
Represents a non-GAAP financial measure; see note A on slide 29.
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