美国银行 2025年季度报告

FORM10-Q (Mark One) ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the Quarterly Period EndedMarch31, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period fromtoCommission file number:1-6523Exact name of registrant as specified in its charter:Bank of America CorporationState or other jurisdiction of incorporation or organization:DelawareIRS Employer Identification No.:56-0906609Address of principal executive offices:Bank of America Corporate Center100 N. Tryon StreetCharlotte,North Carolina28255Registrant’s telephone number, including area code:(704)386-5681Former name, former address and former fiscal year, if changed since last report: Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was requiredto file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files). Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☑Accelerated filer☐Non-accelerated filer☐Smaller reportingcompany Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2).Yes☐No☑ On April29, 2025, there were7,531,876,103shares of Bank of America Corporation Common Stock outstanding. Bank of America Corporation and SubsidiariesMarch 31, 2025Form 10-Q INDEX Part I. Financial Information Item 1. Financial Statements Consolidated Statement of IncomeConsolidated Statement of Comprehensive IncomeConsolidated Balance SheetConsolidated Statement of Changes in Shareholders’ EquityConsolidated Statement of Cash FlowsNotes to Consolidated Financial StatementsNote 1 – Summary of Significant Accounting PrinciplesNote 2 – Net Interest Income and Noninterest IncomeNote 3 – DerivativesNote 4 – SecuritiesNote 5 – Outstanding Loans and Leasesand Allowance for Credit LossesNote 6 – Securitizations and Other Variable Interest EntitiesNote 7– Goodwill and Intangible AssetsNote 8 – LeasesNote 9 – Securities Financing Agreements, Collateral and Restricted CashNote 10 – Commitments and ContingenciesNote 11 – Shareholders’ EquityNote 12 – Accumulated Other Comprehensive Income (Loss)Note 13 – Earnings Per Common ShareNote 14 – Fair Value MeasurementsNote 15 – Fair Value OptionNote 16 – Fair Value of Financial InstrumentsNote 17 – Business Segment InformationGlossaryAcronyms Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Executive SummaryRecent DevelopmentsFinancial HighlightsSupplemental Financial DataBusiness Segment OperationsConsumer BankingGlobal Wealth& Investment ManagementGlobal BankingGlobal MarketsAll OtherManaging RiskCapital ManagementLiquidity RiskCredit Risk ManagementConsumer Portfolio Credit Risk ManagementCommercial Portfolio Credit Risk ManagementNon-U.S. PortfolioAllowance for Credit LossesMarket Risk ManagementTrading Risk ManagementInterest Rate Risk Management for the Banking BookMortgage Banking Risk ManagementClimate RiskComplex Accounting EstimatesNon-GAAP Reconciliations Item 3. Quantitative and Qualitative Disclosures about Market Risk Item 4. Controls and Procedures Part II. Other Information Item 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 5. Other InformationItem 6. ExhibitsSignature Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations growth rates of non-U.S. jurisdictions, the risk that thosejurisdictions may face difficulties servicing their sovereigndebt, and related stresses on financial markets, currenciesand trade, and the Corporation’s exposures to such risks,including direct, indirect and operational; the impact of theinterestrate,inflationary,macroeconomic,banking andregulatoryenvironment on the Corporation’s assets,business, fin