1. Bank of America
Joe Price
Chief Financial Officer
Bank of America Securities Conference
September 17, 2007

2. Forward Looking Statements
This presentation contains forward-looking statements, including statements about the financial
conditions, results of operations and earnings outlook of Bank of America Corporation. The forward-
looking statements involve certain risks and uncertainties. Factors that may cause actual results or
earnings to differ materially from such forward-looking statements include, among others, the
following: 1) projected business increases following process changes and other investments are lower
than expected; 2) competitive pressure among financial services companies increases significantly; 3)
general economic conditions are less favorable than expected; 4) political conditions including the
threat of future terrorist activity and related actions by the United States abroad may adversely affect
the company’s businesses and economic conditions as a whole; 5) changes in the interest rate
environment reduce interest margins and impact funding sources; 6) changes in foreign exchange
rates increases exposure; 7) changes in market rates and prices may adversely impact the value of
financial products; 8) legislation or regulatory environments, requirements or changes adversely affect
the businesses in which the company is engaged; 9) changes in accounting standards, rules or
interpretations, 10) litigation liabilities, including costs, expenses, settlements and judgments, may
adversely affect the company or its businesses; 11) mergers and acquisitions and their integration
into the company; and 12) decisions to downsize, sell or close units or otherwise change the business
mix of any of the company. For further information regarding Bank of America Corporation, please
read the Bank of America reports filed with the SEC and available at www.sec.gov.
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3. Bank of America Today
Diversified Earnings
Strong Balance Sheet
Market Leadership Customer Convenience
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4. A Diverse Business Mix
First Six Months 2007 Earnings - $11 Billion
Other
14%
Global Consumer &
Global Corporate & Small Business Banking
Investment Banking 47%
29%
Global Wealth &
Investment Management
10%
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5. Global Consumer & Small Business Banking
First Six Months 2007 Earnings - $5.1 Billion
Strengths
• #1 deposit market share
• #1 card services in US and UK
Consumer
• #1 small business lender
Real Other/ALM
1%
Estate • Largest delivery network
7%
Deposits
51%
Growth Opportunities
Card
Services • Deposits and debit businesses
41%
• Unsecured consumer credit, including card
• Payments business integration
• Consumer real estate
GCSB results presents on a managed basis
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6. Consumer Credit
• Credit losses remain within expected ranges in 2007
• Exited subprime loan origination business in 2001
• Consumer real estate loss ratios remain below industry
averages
• Expect card losses to have peaked in 2Q for the year
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7. Global Corporate & Investment Banking
First Six Months 2007 Earnings - $3.1 Billion
Strengths
• #1 Middle market lender
• Top 3 US fixed income capital markets
• Leading treasury services provider
Treasury Other/ALM
Services -3%
32%
Business
Lending
34%
Growth Opportunities
Capital
• Business banking product penetration
Markets
37%
• Electronic payments
• International presence and treasury services
• Middle market investment banking
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8. Global Wealth & Investment Management
First Six Months 2007 Earnings - $1.2 Billion
Strengths
• #1 Mass affluent services provider (Premier
Banking)
• 19th largest US asset manager (Columbia)
Other/ALM
• Largest US Private Bank ( US Trust)
7%
Columbia
Management
19%
Premier
Banking &
Investments
56%
Growth Opportunities
Private
• Mass affluent expansion
Bank
18%
• Private bank
• Columbia Management AUM growth
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9. Long-term Financial Objectives
10% EPS growth to be driven by:
• 6% to 9% revenue growth
• 2% to 4% operating leverage
• Manageable credit costs
• Advantageous capital management
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10. Bank of America Differentiating Factors
• Ubiquitous franchise
Vast customer base
Unparalleled customer convenience
Market and product leadership positions
Information and innovation
• Demonstrated ability to execute
Leverage franchise capabilities
Provide innovative customer solutions
Superior integration expertise
• Opportunities for continued organic growth
Retail banking penetration
Capturing the wealth opportunity
Commercial banking client expansion
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11. Coast to Coast Footprint
In Bank of America Markets
• 76% of U.S. population
• 57 million consumer and small business
households
Positioned in growth markets
• 16 of 20 fastest growing states
• 20%+ retail deposit market share in top
30 markets
Business Client Leader Affluent relationships
• #1 Small Business Bank
• Relationship with 44% of mass affluent
• Relationships with 98% of the U.S. households
Fortune 500 companies and
• 44% of wealthy households in footprint
• 80% of the Global Fortune 500
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12. Reaching Customers 3,000 Times A Second
Can reach 63% 5,700 Banking Centers
handheld devices
Customer
5,000 Affinity Groups
Almost 23MM
Online Users
2.6B Contacts
17,000 ATMs
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13. Effectively Managing Costs
Efficiency Ratio
54% 54%
53%
52% 52%
50%
50%
47% 47% target
2000 2001 2002 2003 2004 2005 2006 2007
YTD
13 FTE basis; excludes merger & restructuring charges

14. Consistent Attractive Earnings Growth
Diluted EPS
$4.70
th
ow $4.11
d Gr
n
pou
C om $3.75
11% $3.55
$3.05
$2.88
$2.55
2000 2001 2002 2003 2005
2004 2006
2000 - $2.26 reported EPS has been adjusted to exclude $.10 impact of restructuring charges as well as $.19
goodwill amortization expense eliminated in 2002 for comparability to other periods.
2001 - $2.30 reported EPS has been adjusted to exclude $.39 impact of business exit costs as well as $.19
goodwill amortization expense eliminated in 2002 for comparability to other periods.
2004 - $3.64 reported EPS has been adjusted $. 11 to exclude charges for merger and restructuring costs.
2005 - $4.04 reported EPShas been adjusted $.07 to excludes charges for merger and restructuring costs
2006 - $4.59 reported EPShas been adjusted $.11 to excludes charges for merger and restructuring costs
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15. Capital Usage
$27 Billion Cash Flow
Business
Acquisitions
Growth
Strong Balance Share
Sheet Repurchases
Dividends
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16. Adding Density in Important Markets
Chicago Market BAC LaSalle Combined
Banking centers 56 141 197
ATMs 231 450 681
LaSalle
Michigan Market Detroit Other Michigan
Banking centers 160 110 270
ATMs 632 418 1,050
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17. 30 Consecutive Years of Dividend Increases
$2.12
• Recently announced a 14% dividend increase to $.64 per
quarter ($2.56 annually)
Dividend
Yield wth
gr o
ed
5.20%+ z
uali
ann
13%
1977 2006
17 Yield based on annualized dividend and price as of 9/10/07

18. Actively Managing Excess Capital
($ in millions)
• Returned more than $86 billion in
capital since 1998 $86,793
• Repurchases plus dividends have
averaged 80% of net income $49,708
$37,085
Cumulative
1H07
1998
1999
2000
2001
2002
2003
2004
2005
2006
Dividends Repurchases
Capital returned as
91% 63% 63% 91% 60% 80%
58% 96% 89%
84%
88%
a % of earnings
Tier 1 Tier 1
7.06% 8.52%
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19. Managing for Growth
• Leveraging scale of national franchise
• Utilizing our knowledge to innovate
• Focused on growth opportunities
• Driving capital returns for shareholders
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20. Bank of Opportunity™
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