March 8, 2013
Last night, investors saw the results of the Dodd-Frank stress tests come out, and Bank of America's (NYSE: BAC ) results were reasonably strong, showing that the bank has been able to increase the amount of capital it's holding. But is it healthy enough to ask for an increase to its dividend from the Fed next week, after the CCAR stress test results are released?
In this video, Motley Fool financials analysts Matt Koppenheffer and David Hanson talk about how B of A compares to Citigroup (NYSE: C ) , which has said it will not ask for a dividend increase; Matt tells us why he will be disappointed if B of A doesn't, either.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.