Bank of America reported its first-quarter earnings, and investors were underwhelmed. In this video, Matt Koppenheffer compares Bank of America's performance with Wells Fargo's. By all metrics, Wells Fargo did better. Loan origination, return on equity, and return on assets all favored Wells Fargo. For investors, the only advantage Bank of America offers is that it currently trades at a significant discount to book value, while Wells Fargo trades at a premium. Matt believes Bank of America has to improve its new loan portfolio and other financial metrics in order to stay competitive with Wells Fargo. 

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.

 

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 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.