In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson take a look at Bank of America (NYSE:BAC) over the course of the last 15 years and discuss why this bank lost money for investors who held it over that long-term period, even including dividends.

While Bank of America was not the worst-performing big bank over that time period, Matt highlights two big high-risk acquisitions the bank made, of Countrywide and Merrill Lynch, that brought the bank's performance down significantly over that period. 

 

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.