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Results Include Litigation Expense of $6.0 Billion (Pretax) or Approximately $0.40 per Share (After Tax)

Previously Announced Capital Actions Include Common Stock Dividend Increase to $0.05 Per Share in Q2-14 and a New $4 Billion Common Stock Repurchase Program

Continued Business Momentum

• Total Period-end Deposit Balances up $38 Billion From Q1-13 to a Record $1.13 Trillion
• Funding of $10.8 Billion in Residential Home Loans and Home Equity Loans in Q1-14 Helped More Than 36,000 Homeowners Purchase a Home or Refinance a Mortgage
• More Than 1 Million New Credit Cards Issued in Q1-14
• Global Wealth and Investment Management Reports Record Asset Management Fees of $1.9 Billion; Pretax Margin of 25.6 Percent
• Global Banking Average Loan Balances up 11 Percent From Q1-13 to $271 Billion
• Bank of America Merrill Lynch Maintained a Leadership Position in Investment Banking with Total Firmwide Fees of $1.5 Billion in Q1-14
• Noninterest Expense, Excluding Litigation, Down 6 Percent From Q1-13
• Credit Quality Continued to Improve With Net Charge-offs Down 45 Percent From Q1-13

Capital and Liquidity Remain Strong

• Estimated Common Equity Tier 1 Ratio Under Basel 3 (Standardized Approach, Fully Phased-in) Increased to 9.3 Percent in Q1-14; Advanced Approaches Remains Strong at 9.9 Percent^(D)
• Estimated Supplementary Leverage Ratios Above Required Minimums^(E)
• Long-term Debt Down $25 Billion From Year-ago Quarter, Driven by Maturities and Liability Management Actions
• Record Global Excess Liquidity Sources of $427 Billion, up $55 Billion From Q1-13; Time-to-required Funding at 35 Months