On Wednesday, Bank of America (NYSE:BAC) reported its earnings for the three months ended Sept. 30. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson and banking sector contributor John Maxfield dig deep into the results to see what they mean for investors going forward.

David Hanson has no position in any stocks mentioned. John Maxfield owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. 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.