{
  "slug": "bank-of-america-corporation",
  "symbol": "BAC",
  "name": "Bank of America Corp",
  "fiscalYearEnd": "2025-12-31",
  "filing": {
    "accession": "0000070858-26-000157",
    "form": "10-K",
    "filed": "2026-02-25",
    "url": "https://www.sec.gov/Archives/edgar/data/70858/000007085826000157/bac-20251231.htm"
  },
  "model": "claude-haiku-5-5",
  "promptVersion": "2026-10-31.2",
  "generatedAt": "2026-10-31T19:56:12.630042+00:00",
  "segments": null,
  "sections": {
    "businessModel": [
      {
        "de": "Vier Geschäftssegmente: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking und Global Markets. Übrige Geschäfte werden in All Other erfasst.",
        "en": "Four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Remaining operations are recorded in All Other.",
        "quote": "through four business segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets, with the remaining operations recorded in All Other."
      },
      {
        "de": "Betreut Hypothekenkredite im Auftrag von Verbriefungsvehikeln Dritter und anderen Investoren.",
        "en": "Services mortgage loans on behalf of third-party securitization vehicles and other investors.",
        "quote": "We service mortgage loans on behalf of third-party securitization vehicles and other investors."
      },
      {
        "de": "Der Wert des verwalteten Vermögens (AUM) wirkt sich auch auf die Erträge in Vermögensverwaltung und Beratungsgeschäften aus, und zwar über vermögensbasierte Verwaltungsgebühren und Erfolgsgebühren.",
        "en": "The value of assets under management (AUM) also affects revenue in wealth management and advisory businesses, through asset-based management and performance fees.",
        "quote": "Values of AUM also impact revenues in our wealth management and related advisory businesses for asset-based management and performance fees."
      },
      {
        "de": "Das Unternehmen investiert in oder handelt mit Wertpapieren von Unternehmen und Regierungen außerhalb der USA, einschließlich Schwellenländern.",
        "en": "The company invests in or trades securities of companies and governments located outside the U.S., including emerging markets.",
        "quote": "We invest or trade in the securities of corporations and governments located in non-U.S. jurisdictions, including emerging markets."
      }
    ],
    "customers": [
      {
        "de": "Im Jahr 2025 verkaufte das Unternehmen rund 2,3 Milliarden Dollar an Darlehen an staatlich geförderte Unternehmen (GSEs), vor allem an Freddie Mac.",
        "en": "In 2025 the company sold approximately 2.3 billion dollars of loans to government-sponsored enterprises (GSEs), mainly Freddie Mac.",
        "quote": "During 2025, we sold approximately $2.3 billion of loans to GSEs, primarily Freddie Mac (FHLMC)."
      },
      {
        "de": "Bedient Privatkunden, kleine und mittlere Unternehmen, institutionelle Anleger, Großkonzerne und Regierungen.",
        "en": "Serves individual consumers, small and middle-market businesses, institutional investors, large corporations and governments.",
        "quote": "serving individual consumers, small- and middle-market businesses, institutional investors, large corporations and governments"
      }
    ],
    "competition": [
      {
        "de": "Zu den Wettbewerbern zählen viele Arten von Unternehmen, darunter Banken, Sparinstitute, Kreditgenossenschaften, Broker- und Versicherungsunternehmen, Hedgefonds, Private-Equity-Gesellschaften und internetbasierte Unternehmen.",
        "en": "Competitors include many kinds of firms, among them banks, savings institutions, credit unions, brokerage and insurance firms, hedge funds, private equity firms and internet-based companies.",
        "quote": "Our competitors include banks, thrifts, credit unions, investment banking firms, investment advisory firms, brokerage firms, investment companies, insurance companies, mortgage banking companies, credit card issuers, mutual fund companies, hedge funds, private equity firms, and e-commerce and other internet-based companies"
      },
      {
        "de": "Der Wettbewerb hängt von Faktoren ab wie Kundenservice und Bequemlichkeit, Preisen, Produktqualität und Produktauswahl, Kreditlimits, Technologiequalität und -bereitstellung sowie Reputation.",
        "en": "Competition depends on factors such as customer service and convenience, pricing, product quality and range, lending limits, technology quality and delivery, and reputation.",
        "quote": "Competition is based on a number of factors including, among others, customer service and convenience, the pricing, quality and range of products and services offered, lending limits, the quality and delivery of our technology and our reputation, experience and relationships in relevant markets."
      },
      {
        "de": "Das Unternehmen konkurriert zunehmend mit Anbietern, die Produkte nur über das Internet anbieten, und mit branchenfremden Unternehmen. Firmen, die neue Technologien wie digitale Vermögenswerte nutzen, treten statt oder neben traditionellen Bankprodukten an.",
        "en": "The company increasingly competes with firms offering products only over the internet, and with non-financial companies. Firms using new technologies such as digital assets compete either instead of or alongside traditional banking products.",
        "quote": "We are increasingly competing with firms offering products solely over the internet and with nonfinancial companies, including firms utilizing emerging technologies, such as digital assets, rather than, or in addition to, traditional banking products."
      }
    ],
    "risks": [
      {
        "de": "Eine Herabstufung der Kreditratings könnte den Zugang zu Finanzierungen oder Kapitalmärkten einschränken, die Kreditkosten erhöhen oder zusätzliche Sicherheiten oder Finanzierungsanforderungen auslösen.",
        "en": "A cut in credit ratings could limit access to funding or capital markets, raise borrowing costs or trigger more collateral or funding requirements.",
        "quote": "Reduction in our credit ratings could limit our access to funding or the capital markets, increase borrowing costs or trigger additional collateral or funding requirements."
      },
      {
        "de": "Viele Tochtergesellschaften, darunter Bank- und Broker-Dealer-Tochtergesellschaften, unterliegen Gesetzen, die Dividenden beschränken. Aufsichtsbehörden sind befugt, Geldflüsse von diesen an die Muttergesellschaft zu blockieren oder zu verringern.",
        "en": "Many subsidiaries, including bank and broker-dealer units, face laws that restrict dividends. Regulators are authorized to block or reduce funds flowing from them to the parent company.",
        "quote": "Many subsidiaries, including bank and broker-dealer subsidiaries, are subject to laws that restrict dividend payments, or authorize regulatory bodies to block or reduce the flow of funds from those subsidiaries to the parent company or other subsidiaries."
      },
      {
        "de": "Die bevorzugte Abwicklungsstrategie ist eine Single-Point-of-Entry-Strategie, bei der nur die Muttergesellschaft ein Insolvenzverfahren nach dem US-Insolvenzrecht beantragen würde.",
        "en": "The preferred resolution plan is a single point of entry strategy, under which only the parent holding company would file for bankruptcy.",
        "quote": "Bank of America Corporation’s preferred resolution strategy is a “single point of entry” strategy, whereby only the parent holding company would file for bankruptcy under the U.S. Bankruptcy Code."
      },
      {
        "de": "Im Dezember 2024 erließ die OCC eine Consent Order gegen BANA, die bestimmte Aspekte seiner Programme zur Geldwäschebekämpfung (BSA) und zur Einhaltung von Wirtschaftssanktionen betrifft.",
        "en": "In December 2024 the OCC issued a consent order against BANA covering certain aspects of its anti-money laundering (BSA) and economic sanctions compliance programs.",
        "quote": "For example, in December 2024, the OCC issued a Consent Order against BANA relating to certain aspects of its BSA, anti-money laundering and economic sanctions compliance programs"
      },
      {
        "de": "Ein Abschwung am US-Wohnungsmarkt könnte zu erheblichen Abschreibungen bei mehreren Anlageklassen führen, vor allem beim Portfolio des Unternehmens aus Wohnungsbau- und Eigenheimkrediten. Diese Kredite sind zur Anlage gehalten, also in der Bilanz belassen.",
        "en": "A U.S. housing downturn could lead to significant write-downs in several asset classes, notably the company's residential mortgage and home equity portfolio. These are loans held for investment, kept on the balance sheet.",
        "quote": "A downturn in the U.S. housing market could result in significant write-downs of asset values in several asset classes, notably our held-for-investment residential mortgage and home equity portfolio."
      }
    ]
  }
}