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Bank of America Provides Estimates From 2015 Stress Test Results

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Bank of America today released the results of its 2015 stress test. Under the Dodd-Frank Act, systemically important institutions are required to conduct an annual stress test and publish the results.

The Federal Reserve conducts its own test and announces its results at the same time. Bank of America’s estimates may differ from the Federal Reserve’s estimates. In addition, they do not include the impact of potential capital actions in excess of the company’s current common share dividends1 (and contractually obligated payments on other regulatory capital instruments) and should not be regarded as forecasts of actual financial results for either Bank of America or its selected subsidiaries. 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’s results can be found on the company’s Investor Relations website at http://investor.bankofamerica.com.

1 The calculation of common stock dividends according to the DFAST instructions is equal to the quarterly average dollar amount of common stock dividends paid in the previous year (that is, the initial quarter (fourth-quarter 2014) of the planning horizon and the preceding three calendar quarters).

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 banking offices and approximately 15,800 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 more than 40 countries. Bank of America Corporation stock (NYSE:BAC) is listed on the New York Stock Exchange.

Visit the Bank of America newsroom for more Bank of America news.

www.bankofamerica.com

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