Bank of America Provides Mid-Cycle Stress Test Results
OREANDA-NEWS. July 20, 2015. Bank of America today published the results of the 2015 Dodd-Frank Act Mid-Cycle Stress Test on the company’s Investor Relations website at http://investor.bankofamerica.com.
The results for Bank of America present certain projected financial measures for Bank of America Corporation under the hypothetical economic and market scenario and assumptions described in the filing. The results are not forecasts of actual financial results for Bank of America. Investors in securities issued by Bank of America should not rely on the Stress Test Results as being indicative of expected future results.
Bank of America
Bank of America is one of the world's largest
financial institutions, serving individual consumers, small and
middle-market businesses and large corporations with a full range of
banking, investing, asset management and other financial and risk
management products and services. The company provides unmatched
convenience in the United States, serving approximately 48 million
consumer and small business relationships with approximately 4,800
retail financial centers and approximately 15,900 ATMs and award-winning
online banking with 31 million active users and approximately 17 million
mobile users. Bank of America is among the world's leading wealth
management companies and is a global leader in corporate and investment
banking and trading across a broad range of asset classes, serving
corporations, governments, institutions and individuals around the
world. Bank of America offers industry-leading support to approximately
3 million small business owners through a suite of innovative,
easy-to-use online products and services. The company serves clients
through operations in all 50 states, the District of Columbia, the U.S.
Virgin Islands, Puerto Rico and more than 35 countries. Bank of America
Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
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