Here's what I think investors need to know about Bank of America right now.
The market may be volatile following the Independence Day break, but opportunities are abound for long-term investors.
Why have regional banks underperformed universal banks?
While the market initially underestimated the risk of Brexit, it now appears to be overreacting to the event -- particularly when it comes to the shares of these top banks.
Bank of America investors shouldn't panic, but this number may be unsettling.
With a smaller investment bank and much to gain from lower mortgage rates, Wells Fargo could end up benefiting from Brexit in the long term.
Citigroup is getting hit much harder than Bank of America and JPMorgan. That doesn't make sense when you dig into the numbers.
The nation's biggest bank by assets topped a recent customer satisfaction survey.
Lower interest rates mean stagnant profits for banks like JPMorgan Chase, Bank of America, and Wells Fargo.
Between the upcoming stress tests and the Brexit vote in the United Kingdom, bank investors should assume the worst, and hope for the best.