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  • UNITED STATESUNITED STATES

    SECUR ITIES AND EXCHANGE COMMISSIONSECUR ITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549Washington, D.C. 20549

    FOR M 10-KFOR M 10-K

    (Mark One)(Mark One)

    [] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31, 2017

    or

    [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from to

    Com m ission fi l e num ber :Com m ission fi l e num ber :1-6523

    Exact nam e of r eg ist r ant as speci fied in i t s char t e r :Exact nam e of r eg ist r ant as speci fied in i t s char t e r :

    Bank of America CorporationBank of America Corporation

    St at e or o t her jur i sdict ion of incor por at ion or or gani z at ion:St at e or o t her jur i sdict ion of incor por at ion or or gani z at ion:Delaware

    IRS Em ployer Ident i fi cat ion No. :IRS Em ployer Ident i fi cat ion No. :56-0906609

    A ddr ess of pr incipal execut i ve offi ces:A ddr ess of pr incipal execut i ve offi ces:Bank of America Corporate Center

    100 N. Tryon StreetCharlotte, North Carolina 28255

    Reg ist r ant s t e lephone num ber , including ar ea code :Reg ist r ant s t e lephone num ber , including ar ea code :(704) 386-5681

    Securities registered pursuant to section 12(b) of the Act:

    Ti t le o f each classTi t le o f each class Nam e of each exchangeNam e of each exchange

    on w hich r eg ist e r edon w hich r eg ist e r ed Common Stock, par value $0.01 per share New York Stock Exchange Warrants to purchase Common Stock (expiring October 28, 2018) New York Stock Exchange Warrants to purchase Common Stock (expiring January 16, 2019) New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of 6.204% Non-CumulativePreferred Stock, Series D New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of Floating Rate Non-CumulativePreferred Stock, Series E New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Non-CumulativePreferred Stock, Series I New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of 6.625% Non-CumulativePreferred Stock, Series W New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of 6.500% Non-CumulativePreferred Stock, Series Y New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of 6.200% Non-CumulativePreferred Stock, Series CC New York Stock Exchange

    Depositary Shares, each representing a 1/1,000th interest in a share of 6.000% Non-Cumulative Preferred Stock, Series EE New York Stock Exchange

  • Ti t le o f each classTi t le o f each class Nam e of each exchangeNam e of each exchange

    on w hich r eg ist e r edon w hich r eg ist e r ed 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L New York Stock Exchange

    Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-CumulativePreferred Stock, Series 1 New York Stock Exchange

    Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-CumulativePreferred Stock, Series 2 New York Stock Exchange

    Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation 6.375% Non-Cumulative PreferredStock, Series 3 New York Stock Exchange

    Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-CumulativePreferred Stock, Series 4 New York Stock Exchange

    Depositary Shares, each representing a 1/1,200th interest in a share of Bank of America Corporation Floating Rate Non-CumulativePreferred Stock, Series 5 New York Stock Exchange

    7.00% Capital Securities of Countrywide Capital V (and the guarantees related thereto) New York Stock Exchange Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIII (and the guarantee related thereto) New York Stock Exchange 5.63% Fixed to Floating Rate Preferred Hybrid Income Term Securities of BAC Capital Trust XIV (and the guarantee related thereto) New York Stock Exchange MBNA Capital B Floating Rate Capital Securities, Series B (and the guarantee related thereto) New York Stock Exchange Trust Preferred Securities of Merrill Lynch Capital Trust I (and the guarantee of the Registrant with respect thereto) New York Stock Exchange Trust Preferred Securities of Merrill Lynch Capital Trust III (and the guarantee of the Registrant with respect thereto) New York Stock Exchange

    Senior Medium-Term Notes, Series A, Step Up Callable Notes, due November 28, 2031 of BofA Finance LLC (and the guarantee of theRegistrant with respect thereto) New York Stock Exchange

    Securities registered pursuant to Section 12(g) of the Act: None

    Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12

    months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No oIndicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted andposted pursuant to Rule 405 of Regulation S-T ( 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit andpost such files). Yes No oIndicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrantsknowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growthcompany. See the definitions of large accelerated filer, accelerated filer, smaller reporting company and emerging growth company in Rule 12b-2 of the Exchange Act.(Check one):

    Large accelerated filer Accelerated filer o Non-accelerated filer o Smaller reporting company o Emerging growth company o (do not check if a smaller reporting company) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act. oIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No The aggregate market value of the registrants common stock (Common Stock) held on June 30, 2017 by non-affiliates was approximately $239,643,149,085 (based on the June30, 2017 closing price of Common Stock of $24.26 per share as reported on the New York Stock Exchange). At February 21, 2018, there were 10,243,688,896 shares of CommonStock outstanding.

    Documents incorporated by reference: Portions of the definitive proxy statement relating to the registrants annual meeting of stockholders scheduled to be held on April 25, 2018are incorporated by reference in this Form 10-K in response to Items 10, 11, 12, 13 and 14 of Part III.

  • Tabl e of ContentsTabl e of ContentsBank of America Corporation and Subsidiaries

    Part IPart I Page

    Item 1.Item 1. Business 1

    Item 1AItem 1A.. Risk Factors 5

    Item 1B.Item 1B. Unresolved Staff Comments 16

    Item 2.Item 2. Properties 16

    Item 3.Item 3. Legal Proceedings 16

    Item 4.Item 4. Mine Safety Disclosures 16

    Part IIPart II

    Item 5.Item 5. Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 17

    Item 6.Item 6. Selected Financial Data 17

    Item 7.Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations 18

    Item 7A.Item 7A. Quantitative and Qualitative Disclosures about Market Risk 95

    Item 8.Item 8. Financial Statements and Supplementary Data 95

    Item 9.Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 191

    Item 9A.Item 9A. Controls and Procedures 191

    Item 9B.Item 9B. Other Information 191 Part IIIPart III

    Item 10.Item 10. Directors, Executive Officers and Corporate Governance 192

    Item 11.Item 11. Executive Compensation 192

    Item 12.Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 193

    Item 13.Item 13. Certain Relationships and Related Transactions, and Director Independence 193

    Item 14.Item 14. Principal Accounting Fees and Services 193 Part IVPart IV

    Item 15.Item 15. Exhibits, Financial Statement Schedules 194

    Item 16.Item 16. Form 10-K Summary 197

    Part IBank of America Corporation and Subsidiaries

    Item 1. Item 1. BusinessBusinessBank of America Corporation is a Delaware corporation, a bank holding company(BHC)

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