1、ANNUAL REPORT 2023ANNUAL REPORT 2023Company Performance A letter from 2 Chair and CEO Brian Moynihan A letter from 13 Lead Independent Director Lionel Nowell Board of Directors 14&Executive Management Team 02 Our eight lines 16 of business Retail Banking 18 Preferred Banking 20 Merrill 22 Private Ba

2、nk 24 Business Banking 26 Global Commercial 28 Banking Global Corporate&30 Investment Banking Global Markets 32 Eight Lines of Business 16 Local Markets 34 Organization International 36 presence Digital capabilities 38 Local,International&Digital Spotlights 34 Table of Contents annual report 2023 Su

3、pport for 40 entrepreneurs Sustainable 42 finance Workforce 43 development Other highlights 44 Community Impact 40 A letter from 46 Sheri Bronstein Benefits overview 48 Talent&development 54 Diversity&inclusion 56 Employee engagement 60&workforce metrics Human Capital Management Update 46 Financial

4、Highlights 64 Recognition 65 Stakeholder 66 Capitalism Metrics 2023 Financial Review 77 Additional Company Information 64 BANK OF AMERICA 2023|1 A letter from Chair and CEO Brian Moynihan Company Performance To our shareholders,On behalf of the Board of Directors,the Management Team,and my Bank of A

5、merica teammates,Im pleased to share your companys 2023 Annual Report.In it,youll find information about our continued delivery of Responsible Growth,and the success we had with clients,teammates,communities,and shareholders.During 2023,our company made$26.5 billion in net income.This included preta

6、x charges of$2.1 billion for the Federal Deposit Insurance Corporation(FDIC)Special Assessment and net$1.6 billion for the impact of the future cessation of the Bloomberg Short-term Bank Yield Index(BSBY),which combined to total$3.7 billion pretax,or$2.8 billion after-tax.Excluding these charges,we