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Here's Why Citi and BofA Fell Yesterday

In the following video, Motley Fool financial analyst Matt Koppenheffer takes investors through the reasons why Bank of America (NYSE: BAC  ) and Citigroup (NYSE: C  ) are both down after yesterday's earnings reports. He tells us how, a year ago, investors were only hoping for the survival of these banks rather than casting an eye to future growth. Because both companies had phenomenal years in 2012, though, investors had the bar set very high for both banks, and came away from this earnings report disappointed.

To learn more about the most-talked-about bank out there, check out our in-depth company report on Bank of America. The report details Bank of America's prospects, including three reasons to buy, and three reasons to sell. Just click here to get access.

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  • Report this Comment On January 18, 2013, at 6:36 PM, CoBondholder wrote:

    A majority of today's investors are daytrades and not true investors. In years past, investors invested in companies and enjoyed ownership. Those ownership shares would be past on to following generations. Today, investors look for tomorrow, not a year or two or even three down the road. The future is what counts not the past. I am a long time investor looking down the road and see BAC doubling or more in a few years.

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Related Tickers

9/29/2016 2:47 PM
BAC $15.19 Down -0.19 -1.24%
Bank of America CAPS Rating: ****
C $45.89 Down -0.99 -2.10%
Citigroup CAPS Rating: ***