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  • 10/20/15 9:00 am EDT

    Award Signifies Commitment to Providing Innovative Solutions for Our Clients

  • 10/19/15 9:00 am EDT

    First of Its Kind Business Model Offers Improved Accuracy and Speed

  • 10/15/15 10:15 am EDT

    Bank of America/USA TODAY Better Money Habits Millennial Report Explores the Most Worrisome Financial Issues for Millennials in Chicago

  • 10/14/15 7:00 am EDT

    2015 Year-to-date Net Income of $13.2 Billion, or $1.09 per Diluted Share

    Continued Business Momentum

    • Total Deposits (EOP) up $50 Billion, or 4 Percent, to $1.16 Trillion
    • Residential Mortgage and Home Equity Loan Originations up 13 Percent to $17 Billion
    • 1.3 Million New Credit Cards Issued, up 5 Percent
    • Number of Mobile Banking Users up 14 Percent to 18.4 Million
    • Merrill Edge Brokerage Assets up 8 Percent to $117 Billion
    • Wealth Management Loan Balances (EOP) up $12 Billion, or 10 Percent, to $135 Billion
    • Global Banking Loan Balances (EOP) up $30 Billion, or 11 Percent, to $315 Billion
    • Investment Bank Generated $391 Million in Advisory Fees, Second-Highest Quarter Since Merrill Lynch Merger

    Continued Progress on Expense Management; Credit Quality Remains Strong

    • Noninterest Expense, Excluding Litigation, Down 4 Percent to $13.6 Billion(A)
    • Legacy Assets and Servicing Noninterest Expense, Excluding Litigation, Down 32 Percent to $0.9 Billion(B)
    • Net Charge-offs Down 11 Percent to $932 Million

    Record Capital and Liquidity Levels

    • Common Equity Tier 1 Capital (Transition) Increased to $161.6 Billion
    • Common Equity Tier 1 Capital (Fully Phased-in) Increased to Record $153.1 Billion(C)
    • Record Global Excess Liquidity Sources up $70 Billion to $499 Billion; Time-to-required Funding at 42 Months(D)
    • Tangible Book Value per Share up 10 Percent to $15.50 per Share(E)
    • Book Value per Share up 7 Percent to $22.41 per Share
    • Return on Average Assets 0.82 Percent; Return on Average Tangible Common Equity 10 Percent; Return on Average Common Equity 6.97 Percent(F)
    • Returned $3.1 Billion to Common Shareholders Year-to-Date Via Repurchases and Dividends

    Note: Dollar and percent changes above compare to third-quarter 2014 unless noted.